Vangold Grants Options

VANGOLD RESOURCES LTD. TSX-V:VAN

NEWS RELEASE

VANGOLD GRANTS OPTIONS

September 30, 2010 – Vancouver, BC – Vangold Resources Ltd. ("Vangold" or the "Company") announces that it has granted an aggregate of 299,999 options exercisable at $0.27 for ten years, to directors, officers and consultants of the Company, subject to Exchange approval.

To find out more about Vangold Resources Ltd. please visit our website at www.vangold.ca or contact Dal Brynelsen at 604-684-1974 or by email [email protected].

On Behalf of the Board of VANGOLD RESOURCES LTD.

"Dal Brynelsen"

Dal Brynelsen, President and 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.

{007986000-00076924; 1 }Suite 900 – 595 Howe Street, P.O. Box 10, Vancouver, BC, Canada V6C 2T5 T 604-684-1974 • F 604-685-5970 • www.vangold.ca