Results of Annual General Meeting and Board Meeting Held June 5, 2008 and Grant of Stock Options

Vangold Resources Ltd. (VAN - TSX Venture, VNGRF - OTCBB_Pink_Sheets), ("Vangold"). The Annual General and Special Meeting of the Shareholders (the "Annual Meeting") was held June 8, 2007. All of the items of business presented to the shareholders of Vangold were passed at the Meeting. The highlights are as follows:

Election of Directors

The following persons were re-elected as directors of Vangold to hold office until the next annual meeting of the shareholders:

Dal Brynelsen

Mike Muzylowski

Michael Mackey

Tim Mills

Stock Option Plan

The amendment to the Stock Option Plan (the "Plan"), to increase the common shares available for issue to certain officers, directors, employees and consultants of the company to a maximum total of an amount equal to 20% of the issued and outstanding capital of Vangold, was approved by way of a disinterested shareholder at the Annual General Meeting. The Plan is a fixed plan that allows Vangold to reserve up to a maximum of 20% of its issued and outstanding share capital for issuance pursuant to options. The increase to the shares available is subject to the approval of the TSX Venture Exchange.

At a meeting of the Board of Directors, following the Annual Meeting, the Board agreed to the following:

Officers

The following persons were appointed as officers of Vangold to hold office for the ensuing year:

Dal Brynelsen - Chief Executive Officer and President

Locke Goldsmith - Vice President Exploration

Danae Voormeij - Vice President Exploration

Margo Peters - Corporate Secretary

Sandy Huntingford - Chief Financial Officer

Appointment of Committees

The Board appointed the following Committees for the ensuing year as follows:

Audit Committee: Mike Muzylowski - Chair

Mike Mackey

Dal Brynelsen

Compensation Committee: Mike Muzylowski

Mike Mackey

Reserve Committee: Mike Mackey - Chair

Mike Muzylowski

Sandy Huntingford

Vangold also announces that pursuant to the Company's Stock Option Plan, the Board has approved the issuance of 600,000 incentive stock options to certain consultants of Vangold. The options are exercisable for three years at a price of $0.50. In keeping with the policies of the TSX Venture Exchange and the Stock Option Plan, these options shall vest equally over a period of 18 months.

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 brynelsen@vangold.ca.

On Behalf of the Board of

VANGOLD RESOURCES LTD.

"Dal Brynelsen"

Dal Brynelsen, President and CEO

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this news release.

Source: Vangold Resources Ltd. (VAN - TSX-V) www.vangold.ca

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