ALGOLD RESOURCES LTD. announced two significant additions to its management team. Appointment of Thierry Vergnol - President of Algold Mauritania SARL. and Vice-President Government, Community Relations & Security of Algold Resources Ltd. Thierry Vergnol joins the Corporation as President of Algold Mauritania SARL., the Corporation's operating Mauritanian subsidiary and will also be driving additional activities, as Vice-President Government, Community Relations & Security of Algold Resources Ltd. Mr. Vergnol is a Franco-Mauritanian with over 15 years' experience in international business, and has an excellent understanding of opportunities and challenges faced by international businesses operating in Africa and Mauritania in particular. Mr. Vergnol is also the founder and manager of a private foundation for the promotion of Mauritania's cultural and historical heritage. Alex Ball joins Algold as Executive Vice-President Finance & Corporate Development. Mr. Ball's career includes extensive corporate finance experience, including $5 billion in debt and equity financing and M&A transactions in mining with UBS Canada, CIBC, BMO Nesbitt Burns and OMERS.