Vantex Resources Ltd.
TSX VENTURE : VTX

Vantex Resources Ltd.

May 30, 2006 09:20 ET

Vantex Intersects more than 35 g/t Au on Lake Expanse

LA PRAIRIE, QUEBEC--(CCNMatthews - May 30, 2006) - The management of Vantex Resources Ltd (TSX VENTURE:VTX) announces that drill hole LE147-06 intersected on more than 24 metres, grades of 2.78 g/t Au along the hole, including a zone of 1.40 metres at 35 g/t Au. This hole is located in the AB zone of the Lake Expanse showing. This result follows the 27.3-metre intersection grading 2.5 g/t Au from drill hole LE142-06, released on May 25.

The management of the Company started a few weeks ago, an extensive 3,000-meter drilling program on the Lake Expanse showing in order to outline and define the potentially exploitable resources, at surface. The majority of the ongoing drill holes are located along the mineralized structure, 15 to 50 meters in-depth.



Hole Intersection Width Grade
(metres) (metres) (g/t Au)

LE144-06 13.10 to 18.10 5.00 0.46
Including 17.00 to 18.10 1.10 1.90
LE145-06 19.60 to 24.40 4.80 0.83
Including 22.00 to 22.50 0.50 3.47
and 39.85 to 44.85 5.00 1.09
Including 39.85 to 40.55 0.70 1.80
41.90 to 42.70 0.80 3.47
and 51.80 to 59.10 7.30 0.37
Including 56.30 to 56.70 0.40 4.39
LE146-06 26.30 to 32.20 5.90 0.52
Including 26.30 to 27.40 1.10 1.42
LE147-06 4.90 to 28.90 24.00 2.78
Including 6.20 to 7.40 1.20 7.54
18.40 to 21.40 3.00 17.3
Including 18.40 to 19.80 1.40 35.28
and 27.40 to 28.90 1.50 1.58


After the current drilling campaign, the firm Promine-Genivar will be able to complete the resource evaluation. The drilling works are under the supervision of Mr. Daniel Kelly, independent consulting engineer and Qualified Person under NI 43-101. The assays were performed at Laboratoire Expert Inc., of Rouyn-Noranda.

Bulk sample.

The transportation of the ore to the Camflo plant has started and should be completed by the end of June. According to the agreement with Mines Richmont, Vantex can treat between 10,000 and 15,000 metric tons of gold ore. The goal of this bulk sample is to verify recovery data on surface given the dilution factor at the sampling site. Depending on the results, management will evaluate different processing methods in order to maximize the development of the Lake Expanse showing.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

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