Vantex Resources Ltd.

Vantex Resources Ltd.

April 03, 2013 08:30 ET

Vantex Updates on Current Drilling on the Moriss Zone of the Galloway Project

LA PRAIRIE, QUÉBEC--(Marketwired - April 3, 2013) - The management of Vantex Resources Ltd. (TSX VENTURE:VAX)(FRANKFURT:UD7A)(ALPHA:VAX) provides an update on its drilling campaign currently underway. 4 drill holes for 900 metres have now been completed on the Moriss zone. These 4 drill holes are testing extensions at depth for this gold zone.

The 4 drill holes intersected a shear zone, corresponding to the Moriss zone, on widths of 6 to 25 metres. The shear zone presents a strong alteration containing carbonates as well as silicification and pyrite mineralization between 1 to 25%. The zone was intersected at vertical depths between 190 and 220 metres.

The 5,000-meter drilling campaign is still underway and assay results should be available in the coming weeks. The works are supervised by Daniel Kelly, consulting geological engineer and Qualified Person under NI 43-101.

Location of drill holes :

The Moriss zone is an important gold showing located in the west part of the Galloway project and within the Golden Triangle which is outlined by the GP, Hendrick and Moriss showings. All these showings are located within an area of 500 metres.

The Moriss zone is associated with a east-west shear zone, dipping north 44 to 50 degrees, located on the south contact of an intrusive porphyric in feldspath strongly carbonatized-sericitized (with traces of fucshite). Previously, the presence of the Moriss zone was confirmed by 16 of our drill holes. In the Moriss area, we also observe the presence of at least two other gold zones, the N and M2 zones.

This press release was read and approved by Mr. Kelly.

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