VanGold PEA Outlines 7 Year Mine Life

Vangold 16022021

VANCOUVER, BC / ACCESSWIRE / February 16, 2021 / Further to the Company’s proposed acquisition of the El Cubo mine and mill complex (“El Cubo“) from Endeavour Silver Corp. (“Endeavour“) announced December 18, 2020, VanGold Mining Corp. (the “Company” or “VanGold“) (TSXV:VGLD) is pleased to announce positive results from its Preliminary Economic Assessment (the “PEA“) for the combined El Cubo and El Pinguico project south of the city of Guanajuato, Mexico (together the “Combined Project“). Details of the PEA including the Company’s maiden Mineral Resource estimate will be provided in a NI 43-101 technical report with an effective date of January 31, 2021 and an issue date of February 12, 2021(the “PEA Report“) to be filed under the Company’s profile on SEDAR within 45 days. The PEA Report is being prepared by Behre Dolbear & Company (USA), Inc., independent mineral industry advisors (“Behre” – see “About Behre Dolbear” below) with the assistance of other independent consultants.

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