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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

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Post by TruthMachine2on Jun 14, 2011 9:13am
190 Views
Post# 18711523

VAX Intersects 72 Metres at .6 g/t Au on Galloway-

VAX Intersects 72 Metres at .6 g/t Au on Galloway-
June 14, 2011
Vantex Intersects 72 Metres at .6 g/t Au on Galloway-Hendrick Zone
LA PRAIRIE, QUEBEC--(Marketwire - June 14, 2011) - The management of Vantex Resources Ltd. (TSX VENTURE:VAX)(FRANKFURT:UD7A)(ALPHA:VAX) is pleased to announce a gold intersection grading 0.6 g/t Au over 72 metres (along the hole) in the extension of drill hole VPE10-15, in the Hendrick sector. This gold zone is located between 933 and 1,005 metres at depth and also includes a zone grading 1.4 g/t Au over 18 metres including 2.6 g/t Au over 7.5 metres.

As a reminder, drill hole VPE10-15 was done in 2010 and returned 0.62 g/t Au over 288 metres between 519 metres and 807 metres at depth, along the hole, including 39 metres at 1.19 g/t Au.

The Hendrick area is located in the south west extension of the GP showing and is included in the Golden Triangle outlined by the GP-Hendrick and Moriss showings. Another drill hole 1,000 meters at depth is currently underway in this area and, to date, more than 150 metres of mineralization was intersected at depths of 442.5 to 600 metres. No assays were yet received for this drill hole.

Drill holes VPE11-31, VPE11-32 and VPE11-35 located 250 metres south of the Moriss showing as well as drill holes VPE11-33 and VPE11-34, located 200 metres east of the Moriss showing, did not return significant results. Drill hole VPE11-30, located 50 metres east of VPE10-23 ( 16.33 g/t Au over 3 metres ) returned 1.54 g/t Au and 2.47 g/t Ag over 3 metres, along the hole.

All samples were tagged, bagged and shipped to Laboratoire Expert Inc., Rouyn-Noranda, where 30-gram pulp samples are prepared and assayed for gold (FAA). New gravimetric analysis (FA) are performed on all the samples with levels higher than 1.0 g/t Au. A strict QA/QC program including random insertion of blanks, standards and duplicate samples has been followed throughout the sample preparation.

The NQ-size core is logged, sampled and split in two at the company's core shack in Rouyn-Noranda. The currents works are supervised by Mr. Daniel Kelly, independent geologist and Qualified Person under NI 43-101 guidelines. This press release was read and approved by Daniel Kelly.


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

CONTACT INFORMATION:

Vantex Resources Ltd.
Guy Morissette
CEO
514-712-9753
www.vantexressources.com

or

For information :
Wayne Carlon
VP Business development
902-857-1043
waynecarlon@eastlink.ca

or

Allyson Taylor Partners Inc.
Sean F. Budnik
514-397-0110
sean@allysontaylorpartners.com

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