Lexam VG Gold Inc.

McEwen Mining Inc. (NYSE:MUX) (TSE:MUX) and Lexam VG Gold Inc. (TSE:LEX) (OTCMKTS:LEXVF), have entered into an agreement pursuant to which McEwen Mining would acquire all of the issued and outstanding securities of Lexam by way of plan of arrangement and Lexam would become a wholly-owned subsidiary of McEwen Mining.

Lexam VG Gold Inc. (TSE:LEX)(FRA:VN3A)(OTCMKTS:LEXVF) announces that the technical report titled "TECHNICAL REPORT AND UPDATED RESOURCE ESTIMATE ON THE BUFFALO ANKERITE, FULLER, PAYMASTER, AND DAVIDSON TISDALE GOLD DEPOSITS - PORCUPINE MINING DIVISION, NORTH-EASTERN ONTARIO, CANADA NTS 42E 12/SW for Lexam VG Gold Inc, 181 Bay St, Suite 4750, Toronto, Ontario, M5J 2T3" dated June 21, 2013 (the "Technical Report") has been filed on SEDAR pursuant to the National Instrument 43-101 requirements.

Lexam VG Gold Inc. (TSE:LEX)(OTCQX:LEXVF)(FRA:VN3A) announces updated resource estimates for the Buffalo Ankerite property in Timmins, Ontario.

Lexam VG Gold Inc. (TSE:LEX)(OTCQX:LEXVF)(FRA:VN3A) is pleased to announce an increase in its total gold resources due to an updated resource estimate for its Buffalo Ankerite Project in Timmins, Ontario. Total NI 43-101 gold resources have increased by 44% in the Measured + Indicated category to 1 million ounces and by 20% in the Inferred category to 850,000 ounces.