Vantex Resources Ltd.

Vantex Resources Ltd.

November 20, 2013 16:16 ET

Vantex Completes 400 Metres of Drilling on Moriss

LA PRAIRIE, QUEBEC--(Marketwired - Nov. 20, 2013) - 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.

Contact Information