VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 4, 2011) - Vangold Resources Ltd. ("Vangold" or the "Company") (News - Market indicators) is pleased to announce that it will be attending the PDAC at the Investors Exchange, Booth 2629.

Vangold invites its shareholders and all interested parties to come by the booth and discuss Vangold's advanced projects in Papua New Guinea.

Exhibition Hours:

Sunday March 6th - 10am - 5:30pm
Monday March 7th - 10am - 5:30pm 
Tuesday March 8th - 10am - 5:30pm
Wednesday March 9th - 9am - Noon

Location: Vangold Resources Ltd. - Booth 2629
Metro Toronto Convention Centre-South Building

ABOUT VANGOLD

In Papua New Guinea, Vangold has three advanced gold properties Mt. Penck, Fergusson and Allemata. The properties are located along the "Pacific Rim of Fire", the active circum-Pacific volcanic belt that is host to large copper-gold porphyry systems (Grasberg, Ok Tedi, Panguna and Frieda River) and to a number of world class epithermal gold deposits, including the multi-million ounce deposits at Barrick's Porgera and Newcrest Mining's Lihir gold mines.

Headquartered in Vancouver, Canada, Vangold Resources Ltd. holds a diversified portfolio of mineral projects in North America, Papua New Guinea and Uganda, as well as oil and gas concessions in Armenia. In addition, Vangold holds a significant stake in Coppermoly Limited, an Australian Listed security whose partner is Barrick Gold. Vangold's shares are listed on the Toronto Venture Stock Exchange under the symbol VAN and on the Frankfurt Stock Exchange under the symbol VAQ.

On Behalf of the Board of VANGOLD RESOURCES LTD.

Dal Brynelsen, President and CEO

Disclaimer for Forward-Looking Information

Statements containing forward-looking information express, as at the date of this news release, the Company's plans, estimates, forecasts, projections, expectations, or beliefs as to future events or results and are believed to be reasonable based on information currently available to the Company.

Forward-looking statements and information are based on assumptions that financing and personnel will be available when required and on reasonable terms, and all necessary regulatory approvals and shareholder approval will be obtained, none of which are assured and are subject to a number of other risks and uncertainties.

There can be no assurance that forward-looking statements will prove to be accurate. Actual results and future events could differ materially from those anticipated in such statements. Readers should not place undue reliance on forward-looking information.