Virgin Metals Inc. (TSX VENTURE:VGM) ("Virgin" or the "Company") announced today
the sale of their Cuatro Hermanos project in Sonora Mexico to Insumos Y
Fertilizantes Agricolas Sacramento S.A. De C.V. a privately held corporation
with head office in Culiacan, Sinaloa, Mexico. The project was purchased for
$1,500,000 in cash payable immediately upon the close of the transaction. The
transaction has been approved by the TSX Venture Exchange. 


"We are very pleased with the opportunities affording us through the sale of
this non-core asset." said Chris Frostad, President & CEO, Virgin Metals Inc.
"The proceeds allow the Company to focus on the advancement of our flagship
project at Los Verdes and the review of new projects more closely aligned with
an appropriately balanced pipeline." 


The Company also provided today an update of the proposed transaction to
amalgamate with Alpaca Resources Inc. (see press release June 28, 2013). The
companies have agreed to end that agreement based on certain expired conditions.


About Virgin Metals Inc. 

Virgin Metals is a junior exploration and development company; its projects
include the Los Verdes copper-molybdenum porphyry project in Sonora, northern
Mexico which is currently the subject of a pre-feasibility study.


THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR
THE ADEQUACY OR ACCURACY OF THIS RELEASE.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Virgin Metals Inc.
Chris Frostad
(416) 306-0990
www.virginmetals.com
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