Vantex Completes 400 Metres of Drilling on Moriss
November 20 2013 - 3:16PM
Marketwired Canada
The management of Vantex Resources Ltd. (TSX
VENTURE:VAX)(FRANKFURT:UD7A)(ALP:VAX) announces the completion of 4 drill holes
for a total of 414 metres on the Moriss zone, west sector of the Galloway
project. These holes ranged from 65 to 200 metres in lenght and were drilled to
test the west extension of the Moriss zone as well as to close some gaps close
to the surface, in the central sector of the same zone.
Drill hole VM13-07, located 100 metres west of the Moriss zone, intersected 5.55
metres at 2.11 g/t Au including 2.94 g/t Au over 3.45 metres. This hole allowed
the company to verify the west lateral extension of the main zone in this
sector.
"We are very satisfied with this initial result as it shows continuity of the
Moriss zone in this new sector. This is what we were hoping to see with this
drilling. Now, we believe that the enrichment of the gold zone dips north-west
instead of north-east, as we originally thought. We hope to resume drilling in
this area as soon as possible." commented Mr. Guy Morissette, CEO of the
company.
Drill holes VM13-10 and VM13-11, located on the main zone, respectively returned
1.39 g/t Au over 9.8 metres and 3.64 g/t Au over 5.15 metres including 2.15
metres at 6.49 g/t Au. These drill holes were done to close some gaps near the
surface. Drill hole VM13-09 returned no significant values.
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 works are under the supervision of Mr. Daniel Kelly, consulting geologist
and Qualified Person under NI 43-101. Mr. Kelly read and approved this press
release.
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
902-402-6264
waynecarlon@eastlink.ca
Vantex Resources (TSXV:VAX)
Historical Stock Chart
From Jul 2024 to Aug 2024
Vantex Resources (TSXV:VAX)
Historical Stock Chart
From Aug 2023 to Aug 2024