Ontex Resources Limited

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SEDAR Nov.12/09

Ontex Resources Limited

Management’s Discussion and Analysis

For the Three and Nine Months Ended September 30, 2009

“------. Subsequent to the July 9, 2009 press release the Company has completed an additional 27 drill holes.

This included three wedges (B-09-07WD, B-19-18WA and B-09-18WB) off the deep holes B-09-07 and B-09-18 respectively, which targeted the Brookbank Zone between 800 meters and 1,100 meters depth below surface.

Holes B-09-10 to B-09-23 inclusive and B-09-26 to B-09-28 inclusive targeted the periphery of the Brookbank Gold Deposit between 200 meters and 650 meters below surface.

Holes B-09-24, B-09-25 and B-09-29 to B-09-32 inclusive were shallow holes which targeted potential gold mineralization in structures to the east of the main Brookbank Gold Deposit within the hanging wall volcanics. These shallow holes were not targeted to and did not extend to the main Brookbank structure within the volcanic-sediment contact.

To date(Nov. 12) in 2009, the Company has completed 38 diamond drill holes totaling 15,918 meters on the Brookbank gold property and continues to drill with two drills and advance the project. --.”

In January, Roxmark should have 8-10 drill hole results to release, in addition to Ontex's 30+.

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AUDE
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President
Activity Points
2854
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Date Joined
12/04/2007
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Ontex Resources Limited
Symbol
ONT
Exchange
TSX
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Industry
Metals & Minerals
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