Vantex Resources Ltd.

Vantex Resources Ltd.

December 20, 2012 09:00 ET

Vantex Updates on Galloway Drilling

LA PRAIRIE, QUÉBEC--(Marketwire - Dec. 20, 2012) - Vantex Resources Ltd. (TSX VENTURE:VAX) (FRANKFURT:UD7A) announces the completion of its 2 drilling programs for a total of 10 holes and 2,900 metres.

The first drill hole located 2.2 kilometres from the GP zone intersected an important mineralized alteration zone on more than 80 metres while the two following holes intersected an important zone that is fractured, altered and mineralized. This intensively fractured zone could be linked to the Victoria Creek Fault that intersects a good part of the Galloway property.

A fourth drill hole located 850 metres north-east of the GP zone, intersected a zone highly mineralized with pyrite that is probably linked to the IP anomaly previously identified by surface work. This IP anomaly is at least 500 metres in length and is located within a magnetic low.

Two additional drill holes located north of the GP zone also intersected many altered and mineralized zones.

Four other drill holes totaling 900 metres were completed to the extreme west of the Moriss showing (approx. 550 metres). The objective of this program was to test different magnetic targets of low and high intensity previously identified this Fall. 3 drill holes intersected altered, silicified and mineralized zones within this sector.

«These two drilling programs allowed us to verify different geophysical targets located in the extensions of the GP and Moriss zones. Visually, we are satisfied with what we have intersected and are eagerly awaiting assay results.» commented Mr. Guy Morissette, CEO of Vantex.

Assay results should be available soon after the begining of 2013.

The assays are performed by Laboratoire Expert of Rouyn-Noranda and the works are under the supervision of Daniel Kelly, consulting geological engineer and Qualified Person under NI 43-101. Mr Kelly read and approve 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.

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