Ubika Research provides an update on promising drilling results and an increase in resource estimate for VG Gold Corp.

TORONTO, Canada - Ubika Research has provided an update on promising drilling results and an increase in the resource estimate at the Buffalo Ankerite property. In an update report, "Living up to our expectations: VG files promising drill results, updates estimates" (April 29, 2008), Ubika highlighted the continued and successful drilling program undertaken by VG Gold at its Buffalo Ankerite property and estimated that in-situ value per share increased from $0.18 to $0.37 for that property alone. The company also signed an agreement with Goldcorp effective June 13, 2008, to earn a 60% interest in 16 claims of the Paymaster mine, where it is planning to start drilling this summer.

Ubika first highlighted VG Gold's enormous potential in a detailed report (VG Gold Corp.: Deeply discounted miner in the heart of prolific gold district, dated July 23, 2008. This report and update reports are available for FREE download at:

Download the free report at http://www.ubikaresearch.com/report/vg_gold.aspx VG Gold Inc. is a TSX (VG) and Frankfurt (VN3) listed junior exploration company with several interests in the Timmins area. Its strategy is focused on leveraging the ability of its experienced exploration team to recognize geological opportunities that are located in proven mining districts but are overlooked. It has a close working relationship with Goldcorp (GG: TSX), which is a great asset.

The properties now include a 10,000-ft strike length in the heart of Timmins Gold Camp, which is surrounded by several historic past mines including the Hollinger mine and the Dome mine. Ubika is a specialized research and analytics company with operations in Toronto and Vancouver, Canada. We create value for our clients and partners by building strategic solutions, using a portfolio of proprietary methodologies ranging from data and model management to knowledge-driven advanced analytics. For more information visit www.ubikaresearch.com Except for the historical information presented herein, matters discussed in this document contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements.

Ubika Research, a division of Ubika Corporation, is not registered with any financial or securities regulatory authority, and does not provide nor claims to provide investment advice or recommendations to readers of this report. For making specific investment decisions, readers should seek their own advice. For full disclosure please visit: http://www.ubikaresearch.com/report/vg_gold.aspx