Vendome Reports Chip Sample Results With Bonanza Silver Grades at the San Javier Mine Property (Mexico)

Vendome Resources Corp. (TSX VENTURE:VDR)(FRANKFURT:9VR) ("Vendome" or the
"Company") is pleased to provide an update for the San Javier Mine property
located within the municipality of Malinaltepec, State of Guerrero, Mexico. The
spring 2012 exploration program targeting the property's mineralized systems is
now complete. In excess of 600 bedrock grab, chip channel, soil and stream
sediment samples were collected during the program. Results for bedrock chip
samples are reported below. 


Sampling focussed on the Veta Tajo area located 300 meters southwest of the
historical San Javier mine workings. The Company's consultants, A.C.A. Howe
International Limited ("Howe") believe the Veta Tajo is a previously
unrecognized, unexplored and unexploited area of significant visible stockwork
quartz veining that spans an 80 to 100 meter vertical rise in the west bank of
the river valley that transects the central property area.


Quartz veining in the Veta Tajo is stacked, horizontal to shallow-dipping and
consists of:




--  a set of 0.8-1 meter thick veins dipping 40-60 degrees to the east 
--  a second set of 25-40 centimeter thick veins dipping 25-35 degrees 
--  a third set of 2-5 centimeter thick veins dipping 0 to 15 degrees 



In excess of 340 chip samples were collected across exposed vein and wall rock
material in the Veta Tajo area. Chip channels were typically 2 to 3 cm wide and
1 cm deep and were cut using a hammer and moil. Laboratory analysis of these
samples returned silver values ranging from less than 2 grams per tonne to
bonanza grades in excess of 2,000 grams per tonne. Select weighted averages for
silver concentration over continuous chip sample lengths in the Veta Tajo are as
follows:




----------------------------------------------------------------------------
Sample No.            Vein      Silver     Channel    Easting (i)   Northing
               Orientation   (g/tonne)  Length (m)                       (i)
----------------------------------------------------------------------------
KGC023-025        vertical         222           3       540804.4    1894954
----------------------------------------------------------------------------
KGC053            vertical         616           1       540831.1    1894940
----------------------------------------------------------------------------
KGC091-99       horizontal       239.5          18       540784.4    1894966
----------------------------------------------------------------------------
KGC0314-322     horizontal       471.6          16       540817.5    1894925
----------------------------------------------------------------------------
(i) - approximate center of chip channel using UTM WGS8, Zone 14            



Veining appears to be associated with east-west structures cross-cutting a host
rock previously identified as "old granite", which Howe has re-interpreted as
strongly silicified felsic volcaniclastics. Howe's field work also indicates
that veining extends into areas north and south of Veta Tajo. Vendome management
is extremely encouraged by these chip results in that the potential for bulk
silver mineralization in wall rock, in addition to high grade narrow vein
mineralization has been confirmed.


This material is found at surface making it extremely amenable for low cost open
pit mining methods. This source of silver has been previously unrecognized at
the San Javier Mine Property, and may be similar to other large scale silver
mines in Mexico.


The next phase of work at San Javier will be to test for Veta Tajo mineralized
extensions at depth and along strike, and to complete airborne surveying and
reconnaissance prospecting with a view to developing diamond drill targets over
the next few months.


The chip channel samples were analyzed at SGS Laboratories in Ciudad Durango,
Durango, Mexico using fire assay with AAS finish, and ICP-OES finish after aqua
regia digest.


The Company has the option to acquire a 50% interest in the San Javier Mine
property by making aggregate cash payments of $325,000 and issuing 3,800,000
common shares over on or before November 28, 2013, and incurring $2,600,000 in
exploration expenditures on or before November 28, 2014. In addition to the
option agreement for the 253 hectare San Javier Mine property, Vendome has
entered into agreements to acquire mineral rights in approximately 18,000
hectares of exploration territory within the Sierra Madre del Sur precious metal
belt of southern Mexico in which the San Javier Mine property is located.


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.
Vendome Resources Corp. (TSXV:VDR)
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