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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 has a 100% in 10 mining cells located in the Clericy Township. Its position in this geological sector is due to its proximity to the Destor-Porcupine fault and the presence of numerous gold occurrences in this sector.


TSXV:VAX - Post by User

Bullboard Posts
Comment by botfedon Jun 19, 2010 2:42pm
293 Views
Post# 17204616

RE: 1.54 million ounce resource estimate

RE: 1.54 million ounce resource estimateThanks for the table, fairchij.

Anyone have any idea as to what's a realistic cut-off? Of the three holes that were released last December, two had significant grades from a depth of 7 - 7.5 m - but only one of them, VHD 09-21, had grades worth mentioning at that depth. 30.5 m from 7m-37.5m grading 0.726 gpt / 726 ppb. The others didn't rate the "including" highlight until 20-30 m.

7 - 7.5 m is shallow enough for an open-pit operation, which would justify a low cut-off in grade. I don't know if 20-30 m is shallow enough to rate an open-pit cut-off.  

Bullboard Posts