Vantex Announces Channel Sampling Results from the Guillet Property.LA PRAIRIE, Quebec La Prairie is a town in southwestern Quebec, Canada at the confluence of the Saint-Jacques River and the Saint Lawrence River in the Regional County Municipality of Rousillon. -- Vantex management announces additional channel sampling results from gold zones F and G, both located outside the main Lake Expanse area. These results confirm the gold potential of the Guillet property. Gold Zone F Located in the South-West part of the Guillet property, 1,000 metres from the Lake Expanse zone, this new sheared sheared adj. Shaped or finished by shearing, especially cut or trimmed to a uniform length: a sheared fur coat. Adj. 1. and altered structure (silice, carbonate and sericite Ser´i`cite n. 1. (Min.) A kind of muscovite occuring in silky scales having a fibrous structure. It is characteristic of sericite schist. ) containing from 1 to 5% sulphur (py) is at least 5 metres wide. From the 11 samples extracted from the main vein varying between 0.1 metre to 1 metre wide, grades varied from 1.65 g/ton Au on 0.2 metre to 48.04 g/ton Au on 0.7 metre (2.3 feet). This vein was followed by stripping on a length of more than 30 metres. From these 11 samples, 7 returned grades of more than 10 g/ton Au including 4 samples with more than 31.5 g/ton Au. The remaining 4 samples returned between 1.65 g/ton Au to 8.71 g/ton Au. Another vein located a few metres South of the main vein returned a sample of 24.39 g/ton Au on 0.2 metre. The other 13 samples extracted from the sheared zone returned anomalous but non-significant results. Gold Zone G (line 175S - 75W) Located 125 metres South West of the main Lake Expanse area, this sheared altered zone could be the South extension of zone A. From the 9 samples extracted in the main vein, grades varied between 1.41 g/ton Au on 0.22 metre, to 63.56 g/ton Au on 1.1 metres (2.02 on/Au on 3.61 feet). 6 results were superior to 10 g/ton Au. The remaining grades varied from 1.41 g/ton Au, to 6.75 g/ton Au. Another vein of white quartz returned a value of 114 ppb. This zone was stripped on a 15-meter length and seems to be linked with the main Lake Expanse area. Company management applied for another stripping permit from the Ministere des Richesses Naturelles in order to further investigate this new zone. Current drilling campaign As of today, 7 drill holes are completed for a total of 500 metres. 3 holes located in the BC gold zone intersected a sheared, altered and silicified si·lic·i·fy v. si·lic·i·fied, si·lic·i·fy·ing, si·lic·i·fies v.tr. To convert into or impregnate with silica. v.intr. To become converted into or impregnated with silica. structure with sulphur, galena galena (gəlē`nə) or lead glance, lustrous, blue-gray mineral crystallizing usually in cubes, sometimes in octahedrons. It is the most important ore and the principal source of lead. and visible gold (LE04-99). Previously, drill holes LE03-54 and LE04-95, located 50 metres West and 25 metres East,returned grades of 10.22 g/ton Au on 1.2 metres and 18.98 g/ton Au on 2.6 metres. The 4 remaining holes were completed outside the Lake Expanse main area. Assay results from these drill holes are expected in the coming days. The exploration campaign is under the supervision of Mr. Daniel Kelly Daniel Joseph Kelly (born September 1, 1883) was an American long jumper and sprinter. He attended the University of Oregon, where in 1906, he equaled the world records in the 100 meter and 200 meter dashes in the same day. , independent consulting engineer and Qualified Person. Assays were performed at Laboratoire Expert Inc., of Rouyn-Noranda. The Guillet property The Guillet property is 100 % owned by Vantex Resources Ltd and includes 95 claims covering an area of 3,800 acres. The Lake Expanse main area covers only 1% of the whole property. Located in Temiscamingue, Quebec, 5 kilometres east of the town of Belleterre, the Guillet property is being extensively explored including stripping and drilling, since May 2003. The Company is currently exploring the important Lake Expanse gold zone. The exploration campaign can be followed on the Company's website : www.vantexgoldshow.com The TSX Venture Exchange TSX Venture Exchange Originally called the Canadian Venture Exchange (CDNX), this was a result of the merger of the Vancouver and Alberta stock exchanges. The goal of TSX Venture Exchange is to provide venture companies with effective access to capital while protecting investors. has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. Vantex Resources Ltd. (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension VENTURE:VTX VTX Videotex VTX Virginia Tech X-Ray Crystallography Laboratory VTX Voice Transmit Mode VTX Video Text ) |
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