New Director Appointed to VG Gold Board

TORONTO, ONTARIO, Oct 05 (MARKET WIRE) --
VG Gold Corp. (TSX: VG)(FRANKFURT: VN3) is pleased to announce that the
company has appointed John Drake to the board of directors effective
October 5, 2009. Mr. Drake is the nominee of Lexam Explorations Inc.

John Drake is the President and co-founder of Drake Goodwin Corporation,
an investment firm with interests in financial services, real estate
development and manufacturing. Mr. Drake is the Chairman of Critical
Outcome Technologies Inc., a TSX-Venture listed company. Mr. Drake is the
co-owner of Redtail Golf Course, an exclusive golf course located outside
of Port Stanley, Ontario. Mr. Drake was appointed an Honorary Colonel of
the 1st Hussars of the Royal Canadian Armored Corps. in 1999. Mr. Drake
obtained his B.A. and LL.B degrees from the University of Western Ontario
and remains a member of the Law Society of Upper Canada.

The Company also announces that 800,000 options have been granted to
management and directors, with an exercise price of $0.40 per share,
having a five year term. The options are subject to a three year vesting
period, with one third of the number of options granted vesting at the
end of each of the three years.

VG Gold is exploring and developing four gold projects in Timmins,
Ontario, Canada. The Company is currently carrying out exploration
drilling of the Paymaster West Porphyry deposit situated immediately east
of the Dome Mine.

To find out more about VG Gold Corp. (TSX: VG), visit our website at
www.vggoldcorp.com

Shares: 140,154,764

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

Contacts:
VG Gold Corp
Tom Meredith
President
416 368 0099 x 4100
www.vggoldcorp.com

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