Vantex Resources Ltd.
TSX VENTURE : VTX

Vantex Resources Ltd.

January 15, 2008 18:02 ET

Vantex Resources Ltd.: New Uranium Showing on Manic

LA PRAIRIE, QUEBEC--(Marketwire - Jan. 15, 2008) - The Management of Vantex Ltd (TSX VENTURE:VTX) is pleased to announce the delineation of a radiometric anomaly (Showing Manic 2) some 375 metres to the north of the main occurrence (Manic 1).

A second prospecting program carried out by Mr. Daniel Kelly, geological ing. and consultant, returned significant uranium values ranging from 584 ppm to 923 ppm U3O8 from three samples collected in a stratified black argillite horizon. In addition, channel sampling of the main showing (Manic 1) revealed an anomaly of 119 ppm U3O8 over 1 metres while three selected samples taken 20 metres away on each sides of the channel sample gave values ranging from 224 to 654 ppm U3O8.

The Manic Property

The Manic property, which consists of 40 cells totalling 2 080 hectares, was explored in the mid 70's for its uranium potential. Carried out by the SES Group (Seru Nucleaire, Eldorado Nucleaire and SDBJ - GM34753) this exploration work delineated a significant uranium anomaly within isolated portions of sedimentary rocks pertaining to the lower Sakami Formation, which can reach kilometres in length and up to 370 metres in thickness (Davis 2006). The Manic basin covers 25 km2 (GM37017) and the main area of interest 2.5 to 3 km2. Seven samples collected by the SES Group (6 channel samples and 1 grab) were taken from radioactive zones. Grades ranged from 53 to 2 463 ppm U for an average of 868 ppm U (corresponding to 1 024 U3O8) over 7.5 metres.

The management of Vantex intends to resume its field work in the summer of 2008 by carrying trenching and blasting to obtain fresh cuts of the favourable horizon. All samples were prepared and assayed at Laboratoire Expert of Rouyn-Noranda. Mr Daniel Kelly, geo, ing. and independent qualified person under NI43-101, has reviewed and approved the present press release.

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