NEWS RELEASE

JANINA RESOURCES LIMITED COMPLETES REVERSE TAKE-OVER, NAME CHANGE AND AMALGAMATION WITH HORN RARE METALS LTD.

VANCOUVER, B.C., November 27, 2007, Vangold Resources Ltd.  (TSXV:VAN) (?Vangold?) ? Anthony G. Dutton, Chief Executive Officer and director of Janina Resources Limited (?Janina?) and Dal Brynelsen, President of Horn Rare Metals Ltd. (?Horn?) and President and CEO of Vangold, are pleased to announce the successful completion of the amalgamation, reverse take-over and name change of Janina Resources Ltd. to International Beryllium Corporation.

Janina will begin trading under its new name "International Beryllium Corporation" (?IBC?) and its new trading symbol ?IB? effective November 28, 2007.  On July 27, 2007 Janina closed a private placement of subscription receipts of its wholly owned subsidiary.  Effective November 23, 2007 the subscription receipts have been automatically converted into units of IBC without any further action on the part of the subscribers.  The subscription receipts have been automatically cancelled and the net subscription proceeds plus interest earned thereon have been released by the Escrow Agent to IBC.  Each unit is comprised of one common share of IBC and one-half of one share purchase warrant.  Each whole share purchase warrant will be exercisable into an additional common share of IBC on or before November 23, 2009 at a price of $0.75 each.  The gross proceeds received by IBC from the subscription receipts financing was $10,055,000.  Bolder Investment Partners, Ltd. acted as agent for part of the financing and in connection therewith was paid $80,000 from the gross proceeds of the subscription receipt financing

Pursuant to the amalgamation Janina?s wholly owned subsidiary amalgamated with Horn Rare Metals, Ltd., formerly a 51% owned subsidiary of Vangold, to form International Beryllium Holdings Ltd.  As part of the amalgamation, Firebird Global Master Fund Ltd., (?Firebird?) a former shareholder of Horn, received 24,390,244 common shares of IBC in exchange for its Horn common shares and Vangold received 25,609,756 common shares of IBC in exchange for its Horn common shares.  Consequently, upon completion of the amalgamation, Firebird holds directly 28.16% of the issued and outstanding shares of IBC and Vangold holds 29.57% of the 86,601494 outstanding shares of IBC.

Vangold?s shares were acquired for investment purposes and are held in escrow as described in the Filing Statement of IBC filed in connection with the transaction.  While Vangold does not intend to acquire further securities of IBC, it may in the future acquire or dispose of securities of IBC, through the market or otherwise, as circumstances or market conditions warrant.

The objective of International Beryllium Corporation is to become a premier vertically integrated global beryllium and beryllium alloys processing and distribution company serving the major beryllium using industries.

To find out more about Vangold Resources Ltd. please visit our website or contact Dal Brynelsen at 604-684-1974 or by email brynelsen@vangold.ca or visit our website at www.vangold.ca ..

On Behalf of the Board of

VANGOLD RESOURCES LTD.   

 ?Dal Brynelsen?

Dal Brynelsen, President and CEO

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