Vantex Intersects 9.15 g/t Au Over 3.5 m on Moriss
September 23 2013 - 2:47PM
Marketwired Canada
The management of Vantex Resources Ltd (TSX
VENTURE:VAX)(FRANKFURT:UD7A)(ALPHA:VAX) announces the completion of a 500-meter
drilling program on the Moriss zone. Three holes ranging from 100 to 250 meters
intersected the targeted gold structures in the west extension of the main zone.
VM13-02 intersected a gold zone grading 4.27 g/t Au over 7.9 meters including
9.15 g/t Au on 3.5 meters. This gold section seems to correspond to the M2 zone
located to the south of the main zone.
Hole Zone From To(i) Width (i) Au Ag Mo Zn
(metres) (metres) (g/t) (g/t) (ppm) (ppm)
VM13-02 Moriss 89.85 - 93.0 3.15 0.48 5.75 ns 2335
M2 156.0 - 163.9 7.9 4.27 3.61 698 434
Incluant 160.4 - 163.9 3.5 9.15 7.53 1116 612
Incluant 160.4 - 161.4 1.0 16.07 12.5 3450 501
161.4 - 162.4 1.0 12.41 10.7 1650 2000
162.4 - 163.4 1.0 2.33 2.1 170 190
VM13-03 Moriss 135.0 - 140.0 5.0 2.18 4.34 ns 1272
Incluant 135.0 - 136.0 1.0 1.51
139.0 - 140.0 1.0 8.22 8.80 772 3750
VM13-06 Moriss 70.5 - 79.5 9.5 0.35
(i) Along the hole
Moreover, the company proceeded with a stripping program of an altered and
mineralized shear zone located north of the Moriss showing. This new zone
corresponds to an induced polarization anomaly (IP) detected in a geophysical
survey done in 2011. The chosen samples from this zone show the presence of
anomalous gold in the system.
This program was under the supervision of Daniel Kelly, consulting geologist and
Qualified Person under NI 43-101. He read and approved this press release.
The board of directors also awarded 400,000 stock options to its officers and
directors. These options are priced at $0.05 and are valid for a period of 5
years.
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.
FOR FURTHER INFORMATION PLEASE CONTACT:
Source:
Guy Morissette
CEO
819-763-5096
www.vantexressources.com
For information:
Wayne Carlon
VP Business development
902-857-1043
waynecarlon@eastlink.ca
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