|November 30, 2011|
ValGold Launches its New Corporate Website
|Vancouver, Canada - ValGold Resources Ltd. ("ValGold") is pleased to announce the launch of its new corporate website providing comprehensive and real-time updates on its Canadian and International gold mining developments. The website offers a user-friendly interface, a refreshed design and streamlined navigation to enhance communications with current and prospective shareholders.|
Please visit us at www.valgold.com to view the new website.
"These are exciting times for ValGold. The relaunch of our website comes immediately following our recent announcement of our deal to acquire the MBK project in Western Ukraine," commented Stephen Wilkinson, President and CEO. "As we embark on our new endeavour, we are excited to have this new and improved site to communicate more effectively with our investors. This will be especially relevant given the positive market trends in gold and mining resources and ValGold's focus on its global gold projects and investments. We look forward to sharing more updates on both our Tower Mountain and MBK developments as we forge ahead with our projects."
Visitors to the site will also find pertinent information about ValGold's company history, the latest corporate news available in English and German, information on the management team and Board of Directors, in addition to background material and timely updates on its asset developments.
Incorporated in 1987, ValGold is listed on Tier 1 of the TSX Venture Exchange under the symbol VAL. ValGold is an international mineral development company based in Vancouver, Canada. The Company's objective is to generate wealth for its stakeholders by seeking out, acquiring and advancing properties with recognizable but under-explored mineral resources.
ValGold's commitment is to realize value from significant mineral deposits which satisfy key criteria -
In addition, the Company has recently sold its ownership of the Garrison gold project for a total consideration of approximately $9 million plus a 2% Net Smelter Royalty. The cash and marketable securities received for that transaction have greatly enhanced its working capital and investments to facilitate the MBK Project.
For more information on ValGold's Canadian and international gold projects, please visit our website at www.valgold.com.
President & Chief Executive Officer
ValGold Resources Ltd.
For further information please contact:
Tel: (604) 687-4622 Fax: (604) 687-4212
Neither TSX Venture Exchange nor its Regulation Services Provider (as the term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release includes "forward-looking information". All statements in this release, other than statements of historical facts, that address the private placement or mineral exploration programs contain forward-looking information and are based on a number of assumptions, including, but not limited to, that there will not be substantial changes to market conditions, regulatory requirements or costs associated with mineral exploration. Although the Company believes the expectations expressed in such forward-looking information are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking information. Factors that could cause actual results to differ materially from those in forward-looking information include changes the price of the company's shares, the costs of labor, equipment and other costs associated with exploration, exploration successes, continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements.
You can view the Next News Releases item: Wed Jan 25, 2012, ValGold Raises Funds for Ukraine Venture from Partial Disposal of Northern Gold Shares
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