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Vantex Resources Ltd V.VAX

Alternate Symbol(s):  VANTF

Vantex Resources Ltd. is a Canada-based company engaged in acquiring, exploring, appraising and developing mining mineral properties. The Company's projects include the Galloway project, Renault Bay property, Lac Bousquet property, and Lac Fortune. The Galloway Project includes mining properties, such as Hurd, Ogima Nord, Sandborn, Perron, Francoeur, Cadillac Rang III, Renault Bay and Lac Fortune Ouest, all located in Dasserat Township, Abitibi. This Project has the potential for the development of open-pit gold deposits. The Renault Bay Property is located approximately 2.5 kilometers north of the Galloway shaft. The Lac Bousquet Property is in the Abitibi region of the province of Quebec, approximately 30 kilometers west of Rouyn-Noranda. The property consists of two claim blocks totaling 70 claims covering approximately 1,515.55 hectares. The Company holds the mining rights of the Lac Fortune Property, which comprises over 17 claims.


TSXV:VAX - Post by User

Bullboard Posts
Post by Rocketred500on Jan 05, 2011 8:59pm
210 Views
Post# 17930683

HOLE 19 versus other high grade holes /READ

HOLE 19 versus other high grade holes /READ

VAX- These holes were located in the new Moriss gold zone

Ok read this

Vantex Resources Ltd. has completed six new drill holes for a total of 1,750 metres, in the area of the Moriss showing where a new gold discovery was announced in Stockwatch on Oct. 8, 2010 (drill hole VPE10-02 -- 5.81 grams per tonne (g/t) Au over 4.75 metres). The first assay results from the lab indicate that the size of this new gold zone is getting larger and the grades are getting better. The Moriss zone is located 600 metres west of the Galloway-Pitchvein zone (GP).

In VPE10-11, the hole intersected two gold zones with one of the zones showing visible gold. The initial assay results returned grades of 8.21 g/t Au over 22.50 metres (along the hole) including a section that returned 18.16 g/t Au over 5.50 metres and 13.93 g/t Au over six metres as well as another zone with 1.81 g/t Au over 13.50 metres including a zone with 3.62 g/t Au over 6.25 metres. Drill hole VPE10-10, located 20 metres under VPE10-02, returned 11.6 g/t Au over 5.35 metres (along the hole) including 2.65 metres at 22.73 g/t Au while hole VPE 10-06 returned 4.548 g/t Au over 10.50 metres including a zone with 14.646 g/t Au over three metres. The management of the company requested additional assays (metallic sieves) to confirm those results.

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Now read this from hole 19

Drill hole VPE10-19 showed visible gold in many areas

Figure out the difference read closely

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