Replies to post #1772 on Ed's Thread

[Ed Monton]

here is the news:

Vantex Reports Drill Results For The Lake Expanse Zone

LA PRAIRIE, QUEBEC--(CCNMatthews - 16 juin 2004) - Vantex
management is pleased to announce that it has intersected the
important Lake Expanse gold zone in a majority of the 18 drill
holes recently completed between zone A and zone BC. The initial
assay results confirm, once again, the excellent mining potential
of this significant gold zone.

The current drilling campaign was done under the supervision of
Mr. Daniel Kelly, independent consulting engineer and Qualified
Person.

Lake Expanse gold zone (Zone A, AB, B and BC)

From the first 7 drill holes completed between zone A and zone B,
5 returned highly economical gold grades. Two other drill holes
completed in the South extension of zone A did not return
significant values. Additional assay results from drill holes
LE04-86 to LE04-98 should be available in the coming weeks.

 
  
 Hole         From       To         Length    Grades 
                (meters)            (meters)  (g/t Au) 
  
 LE04-77      14.70      42.10      27.40      1.88 
 Including    19.30      24.50      5.20       5.74 
 and          28.10      36.50      8.40       2.49 
  
 LE04-78      35.00      44.20      9.20       8.61 
 Including    39.00      42.40      3.40      20.37 
  
 LE04-79      Non-significant results  (outside the zone) 
 LE04-80      Non-significant results  (outside the zone) 
  
 LE04-81     15.10       24.60      9.50       5.05 
 Including   16.40       21.60      5.20       8.72 
 Including   16.40       19.60      3.20      11.87 
  
 LE04-82     Non-significant results 
  
 LE04-83     42.10       50.00      7.90       4.01 
 Including   43.10       49.00      5.90       5.07 
 Including   43.10       46.10      3.00       4.27 
 Including   47.10       49.00      1.90       8.96 
  
 LE04-84     Non-significant results 
  
 LE04-85     27.50       58.90     31.40       2.27 
 Including   31.20       38.20      7.00       6.58 
 Including   35.20       37.20      2.00      11.84 
 Including   45.70       51.00      5.30       3.26 
 Including   48.10       51.00      2.90       4.32 
  
 All cuts are given according to hole orientation, at this time true 
 thickness is not known. 
  
 Holes     Location         Azimut    Inclination      Length 
                           (degrees)   (degrees)      (meters) 
  
 LE04-77   0+15N/0+36W      360        -45             51 
 LE04-78   0+36N/0+90W       90        -45             77 
 LE04-79   0+60S/0+05W      360        -45             52 
 LE04-80   0+78S/0+05W      360        -45             50 
 LE04-81   0+15N/0+50W      360        -45             79 
 LE04-82   0+25N/0+75W      360        -45             50 
 LE04-83   0+25N/1+00W      360        -45             62 
 LE04-84   0+45N/1+00W      360        -45             71 
 LE04-85   0+00 /0+50W      360        -45             71 
  
 

.....................



Vantex completed 1,500 meters of drilling as of June 11. Assays
were performed at Laboratoire Expert Inc., of Rouyn-Noranda,
under the supervision of Mr. Joe Landers.

Management will resume drilling as soon as the current drilling
results compilation is completed, around mid-July.

LE04-70 gold zone (Zone D).

Vantex management also announces that it intersected, in drill
holes LE04-90, LE04-91 and LE04-92, the gold zone discovered in
February with drill hole LE04-70. Visible gold was observed in
two of these three drill holes. However, the initial partial
assay results obtained were judged disapointing by management and
tend to foresee a nugget effect during these assays. Therefore,
management decided to proceed with additional gravimetric assays
in different laboratories namely, ALS Chemex Chimitec of Val D'Or
and Swastika Laboratories in Ontario, in order to obtain the most
accurate results for this new gold zone, located West of the
important Lake Expanse gold zone. These results should be
available within a week.

The maping of the stripping completed on surface near drill hole
LE04-70 (Zone D) revealed that this zone is located at the
intersection of at least two gold structures. A structure
oriented NW-SE that touches a structure oriented NE-SW. The
preliminary report of a mineragraphic study completed by the
URSTM last May, under the supervision of MM. Jean Lelievre,
ing.,M.Sc and Mostafa Benzaazoua, Ph.D., of the
Abitibi-Temiscamingue College, on samples from drill hole LE04-70
(24 kg, samples 12157 to 12166) concludes that the observed gold
from these samples comes from two distinct categories. The
observations from drill holes LE04-90, LE04-91 and LE04-92
confirm the presence of two types of gold-bearing quartz, namely
a translucid smoky quartz and a saccharoide textured translucid
quartz.

These shear zones are more or less altered and mineralized
(quartz veins containing from 1 to 15 % of pyrite-pyrrhotine and
traces of sphalerite, chalcopyrite, galene and free gold).

 
  
 Hole      Location       Azimut    Inclination     Length 
                         (degrees)  (degrees)      (meters) 
  
 LE04-70   0+25N/1+72W    50        -45            131 
 LE04-90   0+11N/1+72W   360        -45             50 
 LE04-91   0+11N/1+60W   360        -45            109 
 LE04-92   0+11N/1+60W   340        -45             49 
  
 

................



"This new zone seems to be less important compared to the Lake
Expanse zone and could represent a local enrichment " says Mr.
Denis Belisle.

Guillet property, maping.

In addition to the drilling and stripping campaign completed on
zone A and zone D (LE04-70), the company also hired Mr. Francois
Roy, an independant consulting geologist, to do a geological
survey of the entire Guillet property which includes 95 claims
covering an area of 3,800 acres. These geological works revealed
many more gold indicators namely, the frontier zone where a
chosen sample returned more than 97 grams of gold per ton and
also the Jolette zone, located near Lac Guillet, which returned
more than 8 grams of gold per ton, 7 ounces of silver and 1.09%
copper.

The Guilet property is located 5 kilometrers east of the town of
Belleterre, in Temiscamingue, Quebec and 2 kilometers South of
the former Belleterre mine, which produced more than 2 million
tons at more than 10 gr/t Au.

With our website (www.vantexgoldshow.com), you will be able to
visualize all previous work completed to date.

-30-

FOR FURTHER INFORMATION PLEASE CONTACT:
Vantex
M. Denis Belisle
President
[phone] or 1-800-567-6053
or
Vantex
M. Edouard Chartre
Vice-president exploration
[phone] or 1-800-567-6053
www.vantexgoldshow.com
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release.