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An aggressive exploration company focused on the acquisition of and exploration for gold in Northeastern Ontario, Canada.

Message: Vault intersects 5.3 gAu/t over 5.8 m and 25 gAu/t over 0.8m at Boundary Zone

Vault intersects 5.3 gAu/t over 5.8 m and 25 gAu/t over 0.8m at Boundary Zone

posted on Jan 20, 2010 04:49PM

Vault Intersects 5.3 gAu/t over 5.8 m and 25. 2 gAu/t over 0.8 m at Boundary Zone

("Vault" or the "Company") announces that it has now completed 16 shallow
drill holes on the Boundary zone and has recently mobilized the drill rig to
the Blue Vein zone. These zones represent the first two of four areas to be
tested during the current phase of drilling on Vault's 100%-owned, 3,100-acre
Lebel property in Kirkland Lake, Ontario.
	    The Boundary zone consists of sub-parallel mineralized structures located
1,000 m east of the past-producing Bidgood Mine that historically produced
165,000 ounces of gold at a recovered grade of 9.2 gAu/t (0.27 oz/t). These
structures extend at least 200 m on surface along strike with minimal
trenching or drilling historically having been carried out.
	    As previously reported (January 5, 2010), the first drill hole on the
Boundary zone intersected 15.9 gAu/t over 1.0 m (within 5.5 gAu/t over 3.5m;
within 1.7 gAu/t over 14.5 m) on the Perreault vein, approximately 48 m below
	    The Company now announces assay results of four additional drill holes
from this area. Follow-up drill hole DDH BZ09-04, located 40 m southwest of
the initial intercept, intersected 5.3 gAu/t over 5.75 m (within 3.4 gAu/t
over 11.35 m) approximately 14 m below surface.
	    Three other closely-centred holes drilled on this zone returned 1.09
gAu/t over 23.65 m (DDH BZ09-3); 1.01 gAu/t over 17.15 m (DDH BZ09-2); and 1.0
gAu/t over 16.0 m (DDH BZ09-1). An historic drill hole from this area returned
1.4 gAu/t over 21.3 m and a hole drilled in 2008 returned 2.0 gAu/t over 13.7m
(within 1.6 gAu/t over 26.5 m). The latter intersection was originally
interpreted to be a separate zone, but the Perreault vein now appears to dip
72 degrees northwest. This dip and the trend of the zone (065 azimuth) are
consistent with that of the ore zones mined at the Bidgood mine. The Perreault
vein, tested by this first phase of drilling for only 80 m along strike, is
located at contacts between porphyries and sheared argillite and remains open
in all directions.
	    The Robert zone, a sub-parallel area located 35-50 m to the southeast of
the Perreault, has recently returned assays of 25.23 gAu/t over 0.75 m (DDH
BZ09-3) and 3.35 gAu/t over 3.66 m (DDH BZ09-1). This zone appears spatially
related to a porphyry-syenite contact, and is also open in all directions.
	    The anomalous gold zones are readily identified with up to 20% pyrite
mineralization in penetrative fractures, 15 to 60% quartz-ankerite veining,
and strong pervasive silica-chlorite-sericite alteration within various
strongly-sheared host rocks.

	    Deep Geophysical Survey on King Quartz Stockwork (KQS) Zone

	    Concurrent with the above Phase I drill program, a deep-penetrating
geophysical survey is being undertaken this winter across a wide copper-gold
zone that was discovered in 2008 under Mud Lake, west of the Bidgood Mine. A
distinct 1.6 km-long mineralized corridor, hosted within a large
feldspar-porphyry stock, contains a large quartz-stockwork zone that averages
114 m in core intercepts. Within this broader zone, a strong siliceous core
with greater than 80% quartz averages 0.46 gAu/t and 0.10% copper over an
average core length of 17 m.

	    Qualified Person and QA/QC Program

	    Mr. Michael Sutton, P.Geo, Vault's Vice-President of Exploration is the
designated Qualified Person pursuant to National Instrument 43-101 (Standards
of Disclosure for Mineral Projects) of the Canadian Securities Administrators
and is responsible for the verification and quality assurance of the technical
content of this news release.
	    The Company has instituted a quality assurance & quality control (QA/QC)
program to ensure sampling and analysis of all exploration work is conducted
using industry best practices, including assay control samples. Historical
assay values have not been verified; however most have been generated
subsequent to 1980 by companies believed to be reputable and Vault considers
these results representative. True widths are interpreted to be 70 to 90
percent of drill intersection widths.

	    About Vault

	    Vault Minerals Inc. is a well-financed junior gold exploration company
focused on its large property portfolio in the prolific Kirkland Lake gold
camp of northern Ontario, where in excess of 24 million ounces of gold have
been produced at a recovered grade of 16.1 gAu/t (0.47 oz/ton). The Company's
capital consists of 40,204,543 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

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

	    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

	    "Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release."

	    /For further information: please contact Joe Horne, President at (902)
402-8266 or visit Vault's website at www.vaultminerals.com/
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