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Wed, March 13, 2013
Tue, March 12, 2013
March 12, 2013 11:53 ET
Vantex Resumes Drilling on Moriss
LA PRAIRIE, QUEBEC--(Marketwire - March 12, 2013) - The management of Vantex Resources Ltd. (TSX VENTURE:VAX)(FRANKFURT:UD7A)(ALPHA:VAX) announces the start of a 5,000-meter drilling campaign on the Moriss zone, in the west part of the Galloway project. 20 drill holes with lengths between 250 and 350 metres will be drilled in order to test the lateral and depth extensions of this gold zone that is now known over 225 metres on surface and down to 200 metres below surface.
Location of new drill holes : [ http://media3.marketwire.com/docs/Drill_map.pdf ]
The Moriss showing forms with the GP and Hendrick showings, the Golden Triangle area.
Many drill holes that took place on the Moriss showing since 2010 outline an important gold system comprised of many zones with high gold grades, namely the Moriss and Moriss North zones. These zones also contain elevated silver grades.
The following table highlights previous drill results from these two zones :
| Drill Hole | Zone | Intersection | Grade | Depth |
| metres | g/t Au | metres | ||
| VPE10-02 | Moriss | 4.75 | 7.72 | 87.0 - 91.75 |
| VPE10-06 | Moriss | 10.50 | 3.80 | 97.5 - 108.0 |
| VPE10-10 | Moriss | 5.35 | 11.40 | 101.0 - 106.35 |
| VPE10-11 | Moriss N* | 22.50 | 8.63 | 84.0 - 106.5 |
| Including | 5.50 | 19.06 | 84.0 - 89.5 | |
| And | 6.00 | 14.63 | 100.5 - 106.5 | |
| And | Moriss | 6.25 | 3.07 | 146.75 - 153.0 |
| VPE10-17 | Moriss | 5.90 | 5.06 | 106.3 - 112.2 |
| VPE10-18 | Moriss N | 9.00 | 7.97 | 48.0 - 57.0 |
| VPE10-19 | Moriss | 4.15 | 18.43 | 103.5 - 106.65 |
| VPE10-21 | Moriss N | 10.50 | 1.85 | 124.5 - 135.0 |
| Moriss | 4.50 | 1.86 | 145.5 - 150.0 | |
| VPE10-23 | MorissN | 3.00 | 16.32 | 54.0 - 57.0 |
| VPE11-24 | Moriss | 5.30 | 24.87 | 98.6 - 103.9 |
| VPE11-25 | Moriss | 6.85 | 12.93 | 99.15 - 106.0 |
| VPE11-27 | Moriss | 6.70 | 3.84 | 107.3 - 114.0 |
| VPE11-28 | Moriss | 2.00 | 2.00 | 129.0 - 131.0 |
| VPE11-29 | Moriss | 2.00 | 7.32 | 45.0 - 47.0 |
| VPE11-30 | MorissN | 3.00 | 1.54 | 54.1 - 57.1 |
| VPE11-37 | Moriss N | 6.00 | 7.79 | 94.5 - 100.5 |
| VPE11-42 | Moriss | 5.00 | 5.11 | 98.6 - 103.6 |
| VPE12-50 | Moriss N | 6.20 | 59.51 | 58.0 - 64.2 |
| et | Moriss | 5.05 | 5.09 | 117.85 - 122.9 |
| *Moriss North |
The drilling program will be under the supervision of Daniel Kelly, geological engineer and Qualified Person under NI 43-101. This press release was read and approved by Mr. Kelly.
For additional information on Vantex Resources, visit our website at: [ http://www.vantexressources.com ].
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.