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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
Post by riptoron Apr 19, 2012 9:57am
278 Views
Post# 19811755

vote NO - to options and board memebers

vote NO - to options and board memebers

VOTE NO TO OPTIONS : April 26 - proxy

Always do you own due diligence. Oh and on the news release below didn't they sell a 50% interest for about $25,000 ( $5000 cash as well as 400,000 shares ) now they find it important to get a news release out asap. I know it is material that matters but did we forget about our main project and the 43-101 ??

Vantex Prepares a Drilling Campaign on Cookie Monster, Near the Monster Lake Discovery

LA PRAIRIE, QUEBEC -- (Marketwire) -- 04/19/12 -- The management of Vantex Resources Ltd. (TSX VENTURE:VAX)(FRANKFURT:UD7A)(ALPHA:VAX) announces an initial 1,500-meter drilling campaign on the Cookie Monster project. This project is a 50-50 joint-venture with Amseco Exploration Ltd. and is located in the Chapais-Chibougamau area.

Comprised of 28 mining cells covering an area of 1,456 hectares, the Cookie Monster property is within the south-east extension of the Fancamp deformation corridor and borders to the east, TomaGold's Monster Lake project, which announced last week an intersection of 237.6 g/t Au over 5.7 metres. The property is also West of the Murgor property.

To access the location map for Cookie Monster : https://media3.marketwire.com/docs/VANTEX-AMSECO_COOKIE_MONSTER_PROJECT.jpg

In the area of the Fancamp deformation corridor, which is known on many dozens of kilometres, there are many gold deposits and showings, namely:

. Monster Lake - 237.6 g/t Au over 5.7 metres (Drill hole M-12-60 / PR April 11, 2012) 76.53 g/t Au over 2 metres (Drill hole M-24-11- PR August 16, 2011) 8.38 g/t Au over 2 metres (Drill hole M-36-11- PR August 16, 2011) . Murgor A et B - 45.76 g/t Au over 6.10 metres (GM 29936- channel - PR July 30, 2009) 12.70 g/t Au over 3 metres (DDH M5 - Drill hole - PR July 30, 2009) . Murgor C - 4.17 g/t Au over 3 metres (GM 51718- Drill hole) . Chevrier - 8.3 million mt at 2.28 g/t Au (GM 52088) . Chevrier South - 230 million mt at 0.3 g/t Au (GM 55029)               

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