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Crystallex International Corporation is a Canadian-based gold company with a successful record of developing and operating gold mines in Venezuela and elsewhere in South America

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Message: ValGold gittin' jiggy wid it?

TORONTO, ON --(Marketwired - March 01, 2016) - At the request of IIROC, ValGold Resources Ltd. ("ValGold" or the "Company") (TSX VENTURE: VAL)(FRANKFURT: VR2) wishes to confirm that the Company's management is unaware of any material change in the Company's operations that would account for the recent increase in market activity.

ValGold is a mineral exploration and development company which holds a royalty on Oban Mining Corporation`s Garrison Project in the Golden Highway Camp near Timmins, Ontario, the Tower Mountain Project in northern Ontario, and exploration properties in Venezuela.

ON BEHALF OF THE BOARD OF DIRECTORS OF VALGOLD RESOURCES LTD.

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