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Vangold Mining Corp
Symbol C : VAN
Shares Issued 61,756,729
Close 2018-06-13 C$ 0.055
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Vangold appoints Wenzel CFO, Balderson secretary

2018-06-13 11:57 ET - News Release

Mr. Cameron King reports


Vangold Mining Corp. has appointed Xavier Wenzel as chief financial officer and Geoff Balderson as corporate secretary.

Mr. Wenzel is a professional accountant with extensive experience in the mining industry as well as dealing with complex financial reporting issues under international financial reporting standards and United States generally accepted accounting principles. He has over 20 years of public accounting experience as an auditor and working senior level positions providing assurance and tax services to both public and private entities in North America and South America. Mr. Wenzel is from Mexico City, bilingual, and possesses experience with Mexican mining operations and tax issues. Mr. Wenzel will implement controls and process environment for Vangold's Mexican operations, as well as undertaking full responsibilities as CFO. Mr. Wenzel obtained his chartered professional accountant designation with the Chartered Professional Accountants of British Columbia.

Mr. Balderson has over 17 years of capital market experience and is the president of Flow Capital Corp. and Harmony Corporate Services Ltd., both private consulting companies located in Vancouver, B.C. Mr. Balderson is an officer and director of several other TSX Venture Exchange listed companies. Mr. Balderson is a former investment adviser with two Canadian securities dealers, and a graduate of the University of British Columbia.

David Michaud, BSc, has accepted a position on Vangold's advisory board. Mr. Michaud is an expert mining metallurgist with over 25 years of front-line experience that includes Cominco's Sullivan mine, Red Dog, Polaris and Highland Valley Copper, including years with Compania Minera Antamina and Corriente Resources Inc. As a specialized consultant, Mr. Michaud is president of 911METALLURGY Corp., a Canadian firm focused on in-field metallurgical services and the optimization of mineral processing plants, managing geometallurgy, sampling, and testing programs for flowsheet development of gold and silver ore. He has designed and built beneficiation plants consisting of: sulphide and oxide flotation, CIL/CIP, pilot plant testing for clients such as Newstrike Capital (Au), Endeavour Silver (Ag), Nyrstar (Cu-Pb-Zn), Orvana Minerals (Pb-Cu-Au), Sumitomo (Pb-Zn-Ag), Hudbay Minerals (Cu), Marcobre/Minsur (Cu), Mercator Minerals (Cu-Mo), Newmont Yanacocha (Au), Primero Mining (Au-Ag) and Sasa Mine LLC (Pb-Zn). Mr. Michaud is a graduate of Queen's University, bachelor of science, mining engineering mineral processing.

About Vangold Mining Corp.

Vangold is a development-stage silver and gold company with nine mining concessions in the Guanajuato, Mexico, mining district. Vangold is aggressively pursuing its production plans by bringing the historical El Pinguico mine back on-line. Having an acquisition focus, targeting advanced mineral properties and the pursuit of near production opportunities will continue to fuel the company's growth.

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