Monday, June 10, 2013

Vantex to Proceed With Heap Leach Tests on Hurd (update)

Vantex Resources Ltd. VAX
6/7/2013 8:30:10 AM
Vantex to Proceed With Heap Leach Tests on Hurd

LA PRAIRIE, QUÉBEC--(Marketwired - June 7, 2013) - The management of Vantex Resources Ltd. (TSX VENTURE:VAX)(FRANKFURT:UD7A)(ALPHA:VAX), in collaboration with the Mineral Technology Research and Service Unit ("URSTM") of Rouyn-Noranda, started different heap leach tests in order to evaluate the gold recovery of the ore from the Hurd showing, located 1.5 kilometres north-east of the GP showing.
The Hurd showing is mainly composed of highly fractured, mineralized and altered rocks containing low grade gold values on widths of 100 metres. This showing is accessible from surface and was intersected at depths of more than 200 metres. It remains open in depth and laterally. In fact, given the fracturing and oxidation of the rock, this showing resembles a gold bearing gravel pit.
If the results from the tests undertaken at URSTM are conclusive, management will follow up with more important tests directly on the field. Additional drilling will also be necessary to have a better estimate of the resource.
Management is also discussing with URSTM in order to proceed with gravimetric, mineralurgical and metallurgical tests on gold ore from the Moriss zone. The main objective is to verify if the gold is directly associated with sulfides or if it is freely distributed within the matrix.
These works are under the supervision of Charles Beaudry, geologist and Daniel Kelly, consulting geological engineer and Qualified Persons under NI-43-101.

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