Virginia Mines Inc.

Virginia Mines Inc.

March 21, 2013 11:37 ET

Andre Gaumond, President of Virginia Mines Receives the "PDG Vert 2013" Award

QUÉBEC CITY, QUÉBEC--(Marketwire - March 21, 2013) - André Gaumond, President and CEO of Virginia Mines Inc. ("Virginia") (TSX:VGQ), was awarded the « PDG Vert 2013 » prize in the "small business" category, at a ceremony held in Montréal on March 19, 2013.

The "PDG Vert" award is an initiative launched last year by the Journal Les Affaires and Trebora Conseil, with the contribution of the Caisse de dépôt et placement du Québec, PricewaterhouseCoopers, the Coop fédérée, the Fondaction CSN and Society in Motion STM. This prize recognizes the direct involvement of the President and CEO of a company with regards to sustainable development and social responsibility. It also recognizes personal involvement with regard to actions and strategies taken on environment issues.

"I am proud of this award that I accept on behalf of the Virginia Team, which makes every effort to adopt the best environmental and social practices in exploration. It is also a matter of pride to me that a mining exploration company has won such a prize, showing yet again the leadership of the mining industry in social acceptability and sustainable development." A. Gaumond.

About Virginia

(TSX:VGQ) Virginia conducts its exploration activities over the vast, unexplored territories of Northern Quebec in order to create value for its shareholders while protecting the quality of life for both present and future generations. With a working capital position of $40.3 million as at November 30, 2012, and a large area of mining claims in Quebec North, Virginia is among the most active mining exploration companies in Québec. Strengthened by the discovery of the Éléonore project and more than 15 years expertise on the territory, Virginia's exploration team is recognized as one of the best in Canada. Virginia also holds a 2.2% to 3.5% royalty in the Éléonore property.

This press release may contain forward-looking statements that are subject to known and unknown risks and uncertainties that could cause actual results to vary materially from targeted results. Such risks and uncertainties include those described from time to time in Virginia's periodic reports filed with the security commissions of Quebec, Ontario and Alberta, and in the annual report on Form 40-F filed with the U.S. Securities and Exchange Commission. Virginia undertakes no obligation to publicly release the result of any revision of these forward-looking statements to reflect events or circumstances after the date they are made or to reflect the occurrence of unanticipated events.

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