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VDR

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Share Name Share Symbol Market Type
TSXV:VDR TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

Vendome Provides Additional High Grade Sample Results from Its San Javier Mine Project in Mexico

23/01/2012 8:01pm

Marketwired Canada


Vendome Resources Corp. (TSX VENTURE:VDR)(FRANKFURT:9VR) ("Vendome" or the
"Company") is pleased to announce additional high grade chip and channel samples
from its San Javier Mine property (the "Property") located within the
municipality of Malinaltepec, State of Guerrero, Mexico.


In December 2010, a qualified person associated with the previous Optionor of
the San Javier Mine collected channel samples with a rock saw from exposed
quartz veins within the principal mine area of the Property. Samples were cut
across the exposed vein perpendicular to strike, and were shipped in sealed bags
directly to ALS Chemex De Mexico in Guadalajara, Mexico. Samples were analyzed
for multi-elements using aqua regia digestion and both ICP-MS and ICP-AES finish
techniques. Hi-lights of the channel sample analyses are provided in the Table.




         San Javier Property December 2010 Channel Sampling Results 
                                                                    
        ------------------------------------------------------------
        Sample                   Width             Ag           Lead
        #                          (m)      (g/tonne)            (%)
        ------------------------------------------------------------
        JP001B                    0.45            146           1.69
        ------------------------------------------------------------
        JP001C                     0.3           92.7           2.25
        ------------------------------------------------------------
        JP008A                    0.15           8060           4.55
        ------------------------------------------------------------
        JP008B                     0.4           4560           5.13
        ------------------------------------------------------------
        JP016                     0.16            122           3.75
        ------------------------------------------------------------
        JP022                     0.15           1330           0.97
        ------------------------------------------------------------
        JP023                      0.2           4920           1.45
        ------------------------------------------------------------
        JP024A                     0.1           4350           1.03
        ------------------------------------------------------------
        JP024B                    0.25           1770           1.01
        ------------------------------------------------------------
        JP024C                    0.18            609           0.55
        ------------------------------------------------------------
        JP025                      0.5            378           0.74
        ------------------------------------------------------------
        JP026A                    0.12            352           0.36
        ------------------------------------------------------------
        JP026B                     0.1            547           0.34
        ------------------------------------------------------------
        JP027B                     0.1           1140           0.39
        ------------------------------------------------------------
        JP028                     0.35            645           0.54
        ------------------------------------------------------------
        JP030A                    0.15           2210           1.78
        ------------------------------------------------------------
        JP30B                     0.25           1590           1.42
        ------------------------------------------------------------
        JP070                      0.2            327           0.57
        ------------------------------------------------------------
        JP071A                     0.3            328           0.85
        ------------------------------------------------------------
        JP071B                    0.25           1290           0.74
        ------------------------------------------------------------
        JP072                      0.1           4260           1.27
        ------------------------------------------------------------
        JP073                     0.15            997           0.53
        ------------------------------------------------------------



The Property is 253 hectares in size and is located within the Sierra Madre del
Sur precious metal belt of south-western Mexico. During a Vendome staff
reconnaissance field trip in August 2010 a qualified person collected chip/grab
samples from several veins identified on the Property. These samples were
analyzed at SGS Laboratories in Durango, Mexico using fire assay with AAS
finish, and ICP-OES finish after aqua regia digestion. Sample analyses returned
values up to 15,042 g/tonne silver, 3.19% zinc, and 3.41% lead. The Company has
the option to acquire a 50% interest in the San Javier Mine property by making
aggregate cash payments of $325,000, issuing 3,000,000 common shares over a two
year period, and incurring $3,000,000 in exploration expenditures over a three
year period.


Mineralization observed in the quartz veins consisted of pyrite, chalcopyrite,
argentite, galena, sphalerite, and arsenopyrite. Kaolinization and
sericitization of the wall rocks hosting the veins was also noted. Vendome
management believes that the stockwork vein system observed on the San Javier
Mine property is similar to rift related epithermal low sulphidation systems
that are host to several world class silver mines in Mexico.


Warren Hawkins, P.Eng, a "Qualified Person", within the meaning of National
Instrument 43-101 - Standards of Disclosure for Mineral Projects, has reviewed
and approved the scientific and technical information contained in this news
release. Mr. Hawkins is not considered to be "independent" of the Corporation
(as defined in National Instrument 43-101), as he currently holds securities of
the Corporation.


This news release contains certain "forward-looking statements". All statements,
other than statements of historical fact that address activities, events or
developments that the Corporation believes, expects or anticipates will or may
occur in the future are forward looking statements. These forward-looking
statements reflect the current expectations or beliefs of the Corporation based
on information currently available to the Corporation. Such forward-looking
statements include, among other things, statements relating to the Corporation's
entry into an agreement in respect of the right to earn a 50% undivided interest
in the Property and the proposed terms thereof. Forward-looking statements are
subject to significant risks and uncertainties and other factors that could
cause the actual results to differ materially from those discussed in the
forward-looking statements, and even if such actual results are realized or
substantially realized, there can be no assurance that they will have the
expected consequences to, or effects on the Corporation. Factors that could
cause actual results or events to differ materially from current expectations
include, but are not limited to: the failure to acquire an interest in the
Property, or the right to earn an interest in the Property, on the terms
currently proposed or at all; the failure to obtain any required regulatory or
stock exchange approvals and other factors. Any forward-looking statement speaks
only as of the date on which it is made and, except as may be required by
applicable securities laws, the Corporation disclaims any intent or obligation
to update any forward-looking statement, whether as a result of new information,
future events or results or otherwise. Although the Corporation believes that
the assumptions inherent in the forward-looking statements are reasonable,
forward-looking statements are not guarantees of future performance and
accordingly undue reliance should not be put on such statements due to the
inherent uncertainty therein.


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