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Cours Or & Argent

Vault Minerals Inc.

Publié le 11 septembre 2008

Provides Update on Exploration Activities

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Re:        Press Releases - Thursday, September 11, 2008
Title:     Vault Minerals Provides Update on Exploration Activities

September 11, 2008, Kirkland Lake, Ontario - VAULT MINERALS INC (TSX-V: VMI) ("Vault" or the "Company") provides the following update of field activities on its Goldbanks and Lebel gold properties, situated in the Kirkland Lake gold camp, Ontario.


Goldbanks

As announced June 24, 2008, Vault entered into an option agreement to acquire the Goldbanks property that is situated 2700 ft west of the high-grade Macassa gold mine, which is currently operated by Kirkland Lake Gold Inc.

Vault subsequently designed and initiated an initial surface exploration program on the property that has received negligible modern exploration. Work completed to date includes; a compilation of historical work dating back to the 1930's (including three shafts), a cut field grid, geological mapping and a high-resolution ground magnetic survey. Mechanized stripping, to be followed by detailed trench mapping and sampling, is scheduled to commence in September on several identified structures that parallel the gold camp's prolific Main-'04 Break, that also transects the southernmost portion of the property. Vault anticipates that an IP geophysical survey will also be completed this fall to assist in tracing the strike extent of the more favorable structures. Upon completion of these programs, a diamond drill program will be designed to test the identified gold targets.


Lebel

As follow up to diamond drilling completed in May 2008, a program of surface trenching and mapping has commenced on the Lebel gold property that is currently under option to Goldcorp Canada Ltd ("Goldcorp"), a wholly-owned subsidiary of Goldcorp Inc (TSX:G, NYSE:GG). Goldcorp has also approved an additional $500,000 diamond drill budget that is primarily designed to investigate a strong, broad, gold-anomalous hydrothermal system at Mud Lake and peripheral to the past-producing Bidgood Mine. The drill program, to be managed by Vault, is scheduled to commence in late September. Upon completion of these programs, Goldcorp will have acquired the right to vest an initial 60% in the Lebel gold property.


Qualified Person

The technical content of this press release has been reviewed and approved for disclosure by Daniel McCormack, P.Geo, Vault's Vice President, who serves as a Qualified Person for the purposes of National Instrument 43-101 (Standards of Disclosure for Mineral Projects).


About Vault

Vault Minerals Inc. is a Canadian junior exploration company focused on gold exploration and development in and around the proven gold camps of northeastern Ontario. In addition to its Goldbanks, Kirkland and Lebel gold properties in the prolific Kirkland Lake gold camp, Vault continues to expend significant resources in the identification and review of qualified, advanced-stage gold projects in the region for potential acquisition. The Company's capital consists of 29,576,093 issued and outstanding common shares which are listed for trading on the TSX Venture Exchange under the symbol 'VMI'.



On behalf of the Board of
VAULT MINERALS INC.

"Joe Horne"
Joseph D. Horne, President & CEO

For additional information, please visit Vault's website at www.vaultminerals.com or contact Joe Horne at
705 567 4511.


This Press Release may contain forward-looking statements that involve inherent risks and uncertainties. Actual events or results could differ materially from the Company's forward-looking statements and expectations, and the Company disclaims any obligation to update these forward-looking statements.

"The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release."

Copyright � 2008 VAULT MINERALS INC. (VMI) All rights reserved. For more information visit our website at http://www.vaultminerals.com/ or send email to response@vaultminerals.com ..
Message sent on Thu Sep 11, 2008 at 7:42:35 AM Pacific Time
Données et statistiques pour les pays mentionnés : Canada | Tous
Cours de l'or et de l'argent pour les pays mentionnés : Canada | Tous

Vault Minerals Inc.

PRODUCTEUR
CODE : VMI.V
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Vault Min. est une société d’exploration minière d'or basée au Canada.

Vault Min. détient divers projets d'exploration au Canada.

Son principal projet en production est KIRKLAND au Canada et ses principaux projets en exploration sont KIRKLAND NORTH, GOLDBANKS, GAUTHIER et LEBEL au Canada.

Vault Min. est cotée au Canada et aux Etats-Unis D'Amerique. Sa capitalisation boursière aujourd'hui est 215 600 CA$ (179 228 US$, 163 402 €).

La valeur de son action a atteint son plus haut niveau récent le 11 février 2011 à 5,40 CA$, et son plus bas niveau récent le 20 décembre 2013 à 0,01 CA$.

Vault Min. possède 10 780 000 actions en circulation.

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Attributions d'options de Vault Minerals Inc.
30/06/2009Announces Results and the Grant of Stock Options
27/06/2008Announces AGM Results and the Grant of Stock Options
Projets de Vault Minerals Inc.
04/03/2010(Lebel)Intersects 27.8 gAu/t over 1.4 m and 8.8 gAu/t over 1.75 m a...
06/01/2010(Lebel) Intersects 15.9 GAu/t Over 1.0 M in First Drill Hole of Pro...
21/12/2009(Lebel)Surface High Grade Advances Blue Vein Zone at Vault's Lebel ...
21/12/2009(Lebel)Vault Sampling Returns 8.9gAu/t Over 3.2m at Boundary Zone
21/07/2009(Kirkland Lake)Commence Drill Program on Lebel Gold Property in Kirkland La...
25/06/2008(Kirkland Lake)Acquires Goldbanks Property in the Kirkland Lake Gold Camp
13/02/2008(Lebel) with Goldcorp Commence Drilling Lebel Gold Properties; Muti...
Communiqués de Presse de Vault Minerals Inc.
19/04/2010Shareholders Approve Amalgamation with Queenston Mining; Sha...
26/03/2010Confirms Mailing of Meeting Notice and Circular for its Prop...
13/05/2009to Raise $600,000
11/09/2008Provides Update on Exploration Activities
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