Vantex Resources Ltd.
TSX VENTURE : VAX
FRANKFURT : UD7A
ALP : VAX

Vantex Resources Ltd.

September 23, 2013 15:46 ET

Vantex Intersects 9.15 g/t Au Over 3.5 m on Moriss

LA PRAIRIE, QUEBEC--(Marketwired - Sept. 23, 2013) - 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* Width * 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
* 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.

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