Thursday, March 12, 2009

Vantex Starts Drilling Program On Galloway Property

Vantex Resources, Ltd. will begin a minimum 1,000 m drilling program on its Galloway property in Quebec. The program will confirm earlier historical drill results on the property, several of which showed 0.75 g/t - 1.34 g/t over 100.55 m - 42.98 m. The news release itemizes those findings, from Kerr-Addison in the 1980s and '90s, and gives a capsule geology.

Vantex closed yesterday at 4.5 cents, down half a penny on very light volume. Current bid-ask is 4.5 - 5 cents.

The company's Google Finance web page is here.

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NOTE: This blog is confined to aggregating news relating to Canadian gold stocks, as well as to commenting on past and present price movements, and is intended as an informational resource. It is not intended to make recommendations, nor is it a tool for forecasting future price movements. Its author is not a qualified investment advisor, and as such cannot make any investment recommendations. Should you be interested in any stock that appears here, please consider carefully if it is suitable for you and your portfolio. Please also consider seeking advice from a professional investment advisor if you have not already done so.

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