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Lexam VG Gold Inc.

11:49 AM EST - Lexam VG Gold Inc. : announced exploration results from drilling at the Fuller property including 2.44 grams per tonne (gpt) gold over 21.0 metres (m) including 4.77 gpt gold over 6.7 m and 6.33 gpt gold over 6.0 m. Drilling has continued to encounter near surface mineralization in the quartz-feldspar porphyry (QFP) and the surrounding volcanic rocks. Sixteen (16) holes were completed following-up on the results of March 1, 2012 where drilling intersected 2.53 gpt gold (Au) over 122.7 metres. Results continue to indicate that the Fuller property hosts near surface mineralization potentially amenable to open pit mining. Lexam VG Gold Inc.
shares T.LEX are trading up $0.005 at $0.19.