Vantex Updates on Current Drilling on the Moriss Zone of the Galloway Project
03 April 2013 - 2:30PM
Marketwired Canada
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 : http://media3.marketwire.com/docs/MorissDrilling.pdf
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.
For additional information on Vantex Resources Ltd., please visit our website at
: http://www.vantexressources.com.
FOR FURTHER INFORMATION PLEASE CONTACT:
Source :
Guy Morissette
CEO
819-763-5096
www.vantexressources.com
For information :
Wayne Carlon
VP Business Development
902-857-1043
waynecarlon@eastlink.ca
Vantex Resources (TSXV:VAX)
Historical Stock Chart
Von Dez 2024 bis Jan 2025
Vantex Resources (TSXV:VAX)
Historical Stock Chart
Von Jan 2024 bis Jan 2025
Echtzeit-Nachrichten über Vantex Resources Ltd (TSX Venture Börse): 0 Nachrichtenartikel
Weitere Vantex Resources Ltd. News-Artikel