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Virginia Mines Inc.

03:38 PM EST - Virginia Mines Inc. : announced new results from the exploration campaign that ended in October on its Wabamisk project, located in the Opinaca Reservoir region on the James-Bay territory. The property consists of 947 claims and covers an area of over 49 square kilometres within the Archean volcano-sedimentary belt of the Eastmain River. During fall, Virginia focused mechanical stripping, geological mapping and channel sampling on the gold-bearing quartz vein, which returned up to 9.66 g/t Au over four metres in trench WB2012TR011. Work proved that this structure, now called the Mustang Vein, displays a good continuity and an important lateral extension at surface. Virginia Mines Inc.

shares T.VGQ are trading up $0.24 at $10.41.