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GSVR.V ·

Vangold Resources Ltd.

Management Changes

VANGOLD RESOURCES LTD. TSX-V:VAN NEWS RELEASE

VANGOLD ANNOUNCES APPOINTMENT OF NEW CHIEF FINANCIAL OFFICER NICK COREA AND THE RESIGNATION OF ALEX SHAW -------------------------------------------------------------------------------------------------------------------------------

September 05th, 2013 – Vancouver, BC – Vangold Resources Ltd. ("Vangold" or the "Company") (TSX- V: VAN) today announced the appointment of Mr. Nick Corea as Chief Financial Officer (“CFO”). Mr Corea is a Chartered Accountant in good standing with the Institute of Chartered Accountants of British Columbia and has over 9 years of accounting, auditing and tax experience. Mr. Corea was in public practice for over 4 years and articled with PricewaterhouseCoopers LLP, Staley Okada & Partners and The Newport Group Chartered Accountants. He currently holds positions with other publicly traded companies serving as the CFO for AM Gold Inc., Laurentian Goldfields Ltd., the Financial Controller for Africo Resources Ltd. and for BCGold Corp. Nick also holds a Bachelor of Technology in Accounting degree with the British Columbia Institute of Technology and a Diploma in Accounting with Capilano University. Mr. Corea has extensive experience with public equity fundraising, reverse takeover transactions and public company reporting.

Mr. Corea will be replacing Mr. Alex Shaw, interim CFO. Vangold has accepted Mr. Shaw’s resignation as interim CFO and Director and wishes to thank him for his service to the company and its shareholders. “We are delighted to welcome Nick to the Vangold team,” commented Andrew Rockandel, President and Chief Executive Officer. “He has acquired extensive finance experience in the mining industry and we are confident that he will make significant contributions alongside our growing team”.

On Behalf of the Board of

VANGOLD RESOURCES LTD.

"Andrew Rockandel"

Andrew Rockandel, President, CEO

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Disclaimer for Forward Looking Information

This news release includes forward looking statements that are subject to assumptions, risks and uncertainties. Statements in this news release which are not purely historical are forward looking statements, including without limitation any statements concerning the Company's intentions, plans, estimates, expectations or beliefs regarding the future. Although the Company believes that any forward looking statements in this news release are reasonable, there can be no assurance that any such forward looking statements will prove to be accurate. The Company cautions readers that all forward looking statements, including without limitation those relating to the Company's future operations and business prospects, are based on assumptions none of which can be assured, and are subject to certain risks and uncertainties that could cause actual events or results to differ materially from those indicated in the forward looking statements.

VANGOLD RESOURCES LTD. Page 2 of 2

Readers are advised to rely on their own evaluation of such risks and uncertainties and should not place undue reliance on forward looking statements.

Any forward looking statements are made as of the date of this news release, and the Company assumes no obligation to update the forward looking statements, or to update the reasons why actual events or results could or do differ from those projected in the forward looking statements. The Company assumes no obligation to update any forward looking statements, whether as a result of new information, future events or otherwise.