July 23, 2018 -- Vancouver, BC – Vangold Mining Corp. (the “Company” or “Vangold”) (TSX-V: VAN), (USOTC:VGLDF) the Company announces that, in accordance with the terms of the Company’s stock option plan approved at the Company’s Annual General Meeting held April 17, 2018, during the month of June, 2018 the Company has granted an aggregate of 4,300,000 common shares to directors, officers, employees and consultants of the Company. The options are exercisable at a price of $0.10 per share for a period of five years.

About Vangold Mining Corp.

Vangold is a development-stage silver and gold company with ten mining concessions in the Guanajuato, Mexico Mining District. Vangold is targeting the El Pinguico and Veta Madre epithermal vein structures that have been the source ore body for the El Pinguico mine its production plans by bringing the historic El Pinguico mine back online. Having an acquisition focus, targeting advanced mineral properties and the pursuit of near production opportunities will continue to fuel our growth.

ON BEHALF OF THE BOARD OF DIRECTORS

/s/Cameron S. King
President, CEO and Director

For further information contact:

O: + 1-778-945-2940
M: +1 604 499 6545
E: This email address is being protected from spambots. You need JavaScript enabled to view it.

Further information is available on Vangold Mining's website at: www.vangoldmining.com.

_{Cautionary Statement Regarding Forward Looking Information}

_{This News Release may contain, in addition to historical information, forward-looking statements. These forward-looking statements are identified by their use of terms and phases such as "believe," "expect," "plan," "anticipate" and similar expressions identifying forward-looking statements. Investors should not rely on forward-looking statements because they are subject to a variety of risks, uncertainties and other factors that could cause actual results to differ materially from Vangold's expectations, and expressly does not undertake any duty to update forward-looking statements. These factors include, but are not limited to the following, limited operating history, proposed exploration and/or drill programs and other factors which may cause the actual results, performance or achievements of Vangold to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements.}

_{NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE}

_{VANGOLD MINING CORP.
Suite 1000, 409 Granville Street, Vancouver, B.C., Canada, V6C 1T2
Tel: (778) 945-2940 | Symbol TSX-V: VAN | OTC: VGLDF}