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Vantex Cuts 11.70 Metres Grading 1.326 g/t Au LA PRAIRIE, QUEBEC--(MARKET WIRE)--Nov 10, 2008 -- The management of Vantex Resources Ltd (CDNX:VTX.V - News) announces
that, drilling on the northern portion of the Santa Anna
property, returned a section of 48 metres (core length)
grading 0.406 g/t Au which includes 11.70 metres grading
1.326 g/t Au.
Vantex just completed a 13 holes drilling program totalling 1,494 metres. This program was mostly aimed at verifying historical results mentioned in various records in Quebec government files. Vantex recent results do confirm the gold potential of the Santa Anna property. All drill holes completed in the northern sector of the property returned anomalous gold values. It shall be noted that various results exhibit strong nugget effect possibly due to coarse gold particles. For example, sample #65179, assayed 6 times, returned the following results: 4.2 gt/Au, 0.82 gt/Au, 2.3 gt/Au, 9.86 gt/Au, 1.78 gt/Au and 1.03 gt/Au for an average grade of 3.158 gt/Au In order to properly estimate the average grade of the gold deposit, the company intends to proceed with cyanidation and gravimetric recovery tests at the URSTM laboratory of Rouyn-Noranda. These tests will also evaluate potential treatment flowsheets for the ore. The following table gives the latest drill results :
Drill Hole Core length Grade
(metres)(i) gt/Au
---------------------------------------------------------------------
SA08-12 20.60 m 0.159
Including 1.55 m 1.038
SA08-13 39.00 m 0.601
Including 10.00 m 1.310
And 5.00 m 2.138
Including 1.00 m 7.714
SA08-14 33.80 m 0.220
Including 11.10 m 0.474
And 2.40 m 1.136
Including 0.45 m 3.970
SA08-15 53.20 m 0.206
Including 23.40 m 0.381
And 16.20 m 0.516
And 0.30 m 11.45
And 0.40 m 5.544
SA08-16 48.00 m 0.406
Including 20.35 m 0.852
And 11.70 m 1.326
And 6.90 m 2.038
Including 0.40 m 31.060
SA08-17 13.25 m 0.271
Including 4.50 m 0.705
And 1.00 m 2.042
SA08-18 29.55 m 0.290
including 0.85 m 3.435
SA08-19 43.20 m 0.389
Including 11.70 m 0.847
Including 3.90 m 1.950
Including 1.50 m 4.378
SA08-19A 134.80 m 0.158
Including 67.50 m 0.262
Including 18.00 m 0.641
Including 6.95 m 1.192
And 0.50 m 6.948
SA08-20 16.90 m 0.202
Including 1.00 m 1.072
SA08-21 9.70 m 0.698
Including 2.20 m 3.058
Including 1.00 m 6.510
SA08-22 111.50 m 0.159
Including 45.90 m 0.255
Including 6.60 m 0.765
And 2.00 m 1.553
SA08-23 97.25 m 0.322
Including 1.10 m 1.774
And 3.05 m 1.890
Including 0.55 m 6.574
And 0.95 m 2.302
And 1.10 m 4.465
And 1.50 m 3.519
(i) all core lengthThese holes were all drilled on the north zone of the Santa Anna project. None tested the Zone 8 area. Current work is being done under the supervision of Daniel Kelly and Pierre O'Dowd, both geologists and qualified persons as per NI43-101. All samples were prepared and assayed at Laboratoire Expert of Rouyn-Noranda. Samples are first assayed by AA (atomic absorbtion) then all samples grading equal or above one g/t Au were reassayed by fire assay (FA). A quality assurance/quality control (QA/QC) program comprising standards and blanks is being followed. This press release was reviewed and approved by Mrs. Kelly and O'Dowd.
Contact: Contacts:
Vantex Resources Ltd.
Francois Marcotte
CFO and Investor Relations
450-536-0279
francois-marcotte@videotron.ca
http://www.vantexressources.com
Source: Vantex Resources Ltd.
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