Virgin Metals Corporate update

Virgin Metals Inc. (TSX:VGM) reported that the filing of its annual audited financial statements for the year ended December 31, 2009 and related management discussion and analysis will be delayed past the March 31, 2010 deadline.

The press release is quoted as saying:

Virgin Metals is a junior exploration and development company; its projects include two copper-molybdenum porphyry properties in Sonora, northern Mexico. One of these, Los Verdes, has been the subject of a pre-feasibility study and is expected to evolve rapidly towards production while the other, Cuatro Hermanos, has been the focus of an intense exploration effort.

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