Norden Crown Intersects High Grade and Significant Widths of Broken Hill Type Mineralization in All Three Holes Drilled at its Fredriksson Gruva Prospect in Sweden

Norden Crown Metals Corp. ( " Norden Crown " or the " Company ") (TSXV: NOCR) (OTC: NOCRF) ( Frankfurt : 03E) is pleased to announce an exceptional discovery at its 100% owned Fredriksson Gruva prospect (" Fredriksson Gruva" ) demonstrated by significant results from the first three holes drilled below historical mine workings. The discovery holes intersected significant mineralized widths ranging from 8.15 to 13.60 metres of precious and base metal, massive and semi-massive sulphide mineralization, within a geological setting unique to mineralization belonging to the Broken Hill Type (" BHT ") clan of silver rich zinc-lead ore deposits.

"We are delighted to present to our shareholders robust silver-zinc-lead intersections which are part of a bonafide Broken Hill Type mineralizing system at Fredriksson Gruva; the widths and grades intersected beneath the historical mine workings suggest that the Gumsberg Project has exceptional growth potential". Stated Patricio Varas, Chairman and CEO of Norden Crown . "Massive sulphide deposits are special because it is possible to delineate large tonnages from comparatively small drill footprints due to the high density of the mineralization. To put these results into perspective, Norden Crown's GUM-20-09 intercept is comparable in width to the height of a three storey building."

The results of the drilling program at Fredriksson Gruva are further described in Tables 1, 2 and 3 below.

Table 1. Results from drilling at Fredriksson Gruva mine

Drill	Prospect	From	To	Length	Zinc	Lead	Silver	Silver
Hole	Name	(metres)	(metres)	(metres)	(%)	(%)	(g/t)	Equivalent
GUM-20-09	Fredriksson Gruva	123.70	134.05	10.35	5.24	1.84	43.86	257.61
GUM-20-10	Fredriksson Gruva	134.90	148.50	13.60	6.05	1.39	43.20	272.40
GUM-20-11	Fredriksson Gruva	151.85	160.00	8.15	3.83	0.503	18.13	152.71

*Insufficient drilling has been completed to definitively determine true thickness; true thickness is estimated to be between 90-95% for holes GUM-20-09 to -11 based on angle to core axis and 3D interpretation. Metal ratios are calculated assuming 100% recoveries at US $1806 Gold, US $27.65 Silver, US $ 1.05 Lead and US $ 1.29 Zinc.

Drilling Program at Fredriksson Gruva

The three discovery drill holes (totaling 569 metres) completed at Fredriksson Gruva were part of an eleven hole 2,365.6 metre diamond drill program completed at the Company's 100% owned Gumsberg Project, located in the Bergslagen Mining Region of southern Sweden. The objective of the drill program was to demonstrate that mineralization continues beneath the historical mine workings, which extend to 91 metres below surface. The program was also designed to confirm historical silver-zinc-lead grades, thicknesses, and to test the continuity of this mineralization. Holes GUM-20-09 and GUM-20-10 are positioned 30 metres down plunge of the historical underground workings and are spaced 40 metres apart. Hole GUM-20-11 is 30 metres below GUM-20-10 (60 metres below the historical workings) (see Figure 1).

An important aspect of the mineralization is that the massive to semi-massive sulphide intervals are developed within a broader sequence of highly magnetic iron and manganese-rich chemical sediments. This distinctive and thick sequence of chemical sedimentary rocks will provide an important marker horizon that will be used to track the mineralization along strike and at depth. Future diamond drilling at Fredriksson Gruva will continue testing the continuity of BHT style massive sulphide mineralization and associated iron formation below the historical mine workings where ongoing 3D geological modeling demonstrates that silver- zinc-lead mineralization extends to at least 290 metres in depth.

Table 2. Drill results from the recently completed 2020-2021 drilling at Fredriksson Gruva

Drill	Prospect	From	To	Length	Zinc	Lead	Silver	Silver
Hole	Name	(metres)	(metres)	(metres)	(%)	(%)	(g/t)	Equivalent
GUM-20-09	Fredriksson Gruva	123.70	134.05	10.35	5.24	1.84	43.86	217.57
GUM-20-09	Fredriksson Gruva	123.70	128.00	4.30	4.54	2.69	73.53	246.45
GUM-20-10	Fredriksson Gruva	122.00	130.20	8.20	1.55	0.38	14.98	63.14
GUM-20-10	Fredriksson Gruva	120.00	120.40	0.40	8.18	0.01	2.98	216.11
GUM-20-10	Fredriksson Gruva	122.00	126.50	4.50	1.72	0.40	14.99	67.84
Incl.	Fredriksson Gruva	128.00	130.20	2.20	2.15	0.61	19.63	87.93
GUM-20-10	Fredriksson Gruva	134.90	148.50	13.60	6.05	1.39	43.20	229.08
Incl.	Fredriksson Gruva	134.90	146.50	11.60	6.93	1.60	50.17	263.14
and	Fredriksson Gruva	139.00	143.00	4.00	10.00	2.16	70.08	374.33
GUM-20-11	Fredriksson Gruva	151.85	160.00	8.15	3.83	0.50	18.13	152.71
Incl.	Fredriksson Gruva	151.85	158.60	6.75	4.47	0.54	20.69	148.12
and	Fredriksson Gruva	151.85	154.50	2.65	8.21	0.25	23.61	242.35

Table 3 . Drill hole locations and Orientation Information

Drill Hole	Drill Hole	Drill Hole	Drill Hole	Drill Hole	Drill Hole	Drill Hole
ID	Easting	Northing	Elevation	Depth	Azimuth	Inclination
GUM-20-09	521500	6684250	231	179	260	60
GUM-20-10	521502	6684293	236	178.5	250	59
GUM-20-11	521522	6684286	235	211.5	260	60

A geological review of this newly recognized mineralization indicates that the mineralized formation is folded, forming a moderate to steeply eastward-plunging open anticline. BHT mineralization at Fredriksson Gruva is associated with an extensive regional-scale magnetite-rich iron formation(s) and corresponding magnetic anomaly which Norden Crown intends to further delineate in the subsurface using detailed UAV magnetic geophysical surveys. Regional magnetic geophysical data sourced from the Geological Survey of Sweden suggests that the prospective magnetic anomaly (and coincident magnetite-bearing iron formation) extends over 21 kilometres across the Gumsberg West Licence (southwest of Fredriksson Gruva) greatly enhancing the exploration potential for further BHT discoveries (see Figure 2).

The nearest occurrence of BHT mineralization is located immediately south of the Gumbsberg claims at Stollgruvan, where the Gammsberg mine ( 6.7M Tonnes ¹ ) has been described as a BHT deposit hosted in banded iron formations ^2,3,4 .

About Broken Hill Type Deposits

BHT Ag-Zn-Pb deposits constitute some of the largest and highest-grade ore deposits in the world ² (see Table 4). The namesake deposit, Broken Hill, is located in western New South Wales, Australia , and represents the largest accumulation of Pb, Zn, and Ag on Earth ² . BHT deposits constitute a distinctive type of stratiform, sediment hosted lead-zinc mineral deposits. BHT deposits are characterized and distinguished from other silver-zinc-lead deposits by the chemistry of the sediment that host them and that they are usually associated spatially and temporally with volcanism.

Characteristic features of these types of deposits include:

High grade Ag + Zn + Pb mineralized ores
Metamorphic grades ranging to amphibolite-granulite facies
Paleoproterozoic oxidized clastic metasedimentary host rocks in the absence of metamorphosed carbonates/calcsilicate horizons
Spatially associated with bimodal (felsic and mafic) intrusive and volcanic rocks, and stratabound gahnite- and garnet-bearing rocks and iron formations
Stacked orebodies with characteristic Pb:Zn:Ag ratios and skarn-like (generally pyroxenoid dominated) Fe-Mn-Ca-F gangue assemblages
Sulfur-poor assemblages
A spatial relationship to continental rifts

Significantly, the intimate association with magnetite iron formations is considered an important guide for Norden Crown to follow and explore for continuous mineralized BHT deposits along the +21 kilometre belt of prospective iron formation. In addition, the association of manganiferous garnets (spessartine), the presence of stratabound gahnite in the metamorphosed sedimentary rocks, and anomalous base metals in these deposit types provide an excellent first pass screening that will be useful for evaluating these prospective iron formations for their potential to host BHT deposits.

Table 4 . Globally S ignificant BHT Deposits T onnage and Gr ades

		Millions	Silver	Lead	Zinc	Lead + Zinc	Silver Equiv.*
	Deposit	Tonnes	(g/t)	(%)	(%)	(%)	(g/t)
Australia	Broken Hill ⁶	280	148	10	8.5	18.5	656.27
	Cannington (BHP Maiden reserves) ⁶	45	520	11.9	4.8	16.7	954.65
	Cannington (S-32 Underground 2017) ⁷	61	187	5.25	3.21	8.46	413.73
	Cannington (S-32 Open Cut 2017) ⁷	29	91	2.89	2.27	5.16	231.92
	Pegmont (QLD) ⁶	11	11	8.4	3.7	12	327.79
Sweden	Zinkguravan (Vielle Montagne 2002) ⁸	40	100	5.5	10	15.5	550.06
	Zinkgruvan (North/RioTinto/Lundin) Mined 94-16 ⁸	19.3	84	4	9.9	13.9	495.44
	Zinkgruvan (Current Lundin) ⁸	15.7	84	3.7	9.3	13	469.14
	Stollberg ⁹	6.7	60	2.6	7.7	10.3	367.94
South Africa	Gamsberg (S Af) ⁶	150	6	0.6	7.1	7.7	247.51
	Big Syncline (S. AF) ⁶	101	13	1	2.5	3.5	116.66
	Black Mt (S. Af) ⁶	82	30	2.7	0.6	3.3	112.96
	Broken Hill (S.AF) ⁶	38	82	6.4	2.9	9.3	325.96

*Silver Equivalent values are calculated using metal ratios assuming 100% recoveries at US $1806 Gold, US $27.65 Silver, US $ 1.05 Lead, US $ 1.29 Zinc.

Quality Control, Quality Assurance and Core Handling Protocols

Drill core is logged and prepped for sampling before submittal to ALS in Malå, Sweden where it is cut, bagged and prepped for analysis. Accredited control samples (blanks and accredited standards) are inserted into the sample intervals regularly. Samples are dried (if necessary), weighed, crushed (70%

References to other Mines and Deposits

References to other mines and deposits made in this news release provide context for the Fredriksson Gruva and Gumsberg Project, which occurs in a similar geologic setting, but this is not necessarily indicative that the Projects host similar grades and tonnages of mineralization.

References

¹ Raat, H., Jansson, N.F., and Lundstam, E., 2013, The Gränsgruvan Zn-Pb-Ag deposit, an outsider in the Stollberg ore field, Bergslagen, Sweden: Geology Applied to Mineral Deposits, Biennial Meeting, 12th, Uppsala, Sweden, August 12–15, 2013, Proceedings, p. 12–15.

² Spry, P.G., O'Brien, J.J., Frank, K.S., Teale, G. S., Koenig, A., Jansson, N., Allen, R. et al., 2015, Trace element compositions of silicates and oxides as exploration guides to metamorphosed massive sulphide deposits: examples from Broken Hill, Australia, and Stollberg, Sweden. 27th International Association of Applied Geochemists: Indicator Mineral Workshop, Tucson, April 2015, p. 23-29.

³ Beeson, R., 1990, Broken Hill-type lead-zinc deposits – an overview of their occurrence and geological setting: Transactions of the Institution of Mining and Metallurgy, v. 99, p. 63-B175

⁴ Spry, P.G., O'Brien, J.J., Frank, K.S., Teale, G. S., Koenig, A., Jansson, N., Allen, R.. et al. 2015, Trace element compositions of silicates and oxides as exploration guides to metamorphosed massive sulphide deposits: examples from Broken Hill, Australia, and Stollberg, Sweden. 27th International Association of Applied Geochemists: Indicator Mineral Workshop, Tucson, April 2015, p. 23-29.

⁵ Edberg, L., and Flood, B., 1982. Rapport Grb 262 SLUTRAPPORT FRAN DIAMANTBORRNINGARNA VID FREDRIKSSONGRUVAN (GYLLINGEN) 1981/1982© Sveriges geologiska undersökning (SGU) (Geological Survey of Sweden)

⁶ Large, R., Bull, S., Selley, D., Yang, J., Cooke, D., Garven, G., and McGoldrick, P., 2002 Controls on the formation of giant stratiform sediment-hosted Zn-Pb-AG deposits: with particular reference to the north Australian Proterozoic, in Giant ore deposits, CODES special publication 4, Universitiy of Tasmania, Australia. 269pp and BHP Billiton Corporate Presentation - Stewart 2002

⁷ Readford, M and Curypto, T, South 32 - Cannington Mineral Resources update, 24 August, 2017. https://www.south32.net/docs/default-source/all-financial-results/fy2017-full-year-financial-results/cannington-mineral-resources-and-ore-reserves-update.pdf.

⁸ Daffern, T., Ellis, R., King, P., Richardson, S., Glucksman, E., Beveridge, A., NI 43-101 TECHNICAL REPORT FOR THE ZINKGRUVAN MINE, SWEDEN November 2017, Prepared by Wardell Armstrong International for Lundin Mining. Approved by Dr. P.S., Newal, 30, November 2017.

⁹ Raat, H., Jansson, N.F., and Lundstam, E., 2013, The Gränsgruvan Zn-Pb-Ag deposit, an outsider in the Stollberg ore field, Bergslagen, Sweden: Geology Applied to Mineral Deposits, Biennial Meeting, 12th, Uppsala, Sweden, August 12–15, 2013, Proceedings, p. 12–15.

About Norden Crown Metals Corp .

Norden Crown is a mineral exploration company focused on the discovery of silver, zinc, copper, and gold deposits in exceptional, historical mining project areas spanning Sweden and Norway. The Company aims to discover new economic mineral deposits in known mining districts that have seen little or no modern exploration techniques. The Company is led by an experienced management team and an accomplished technical team, with successful track records in mineral discovery, mining development and financing.

Qualified Person

Patricio Varas , P.Geo, a Qualified Person as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects , has read and approved all technical and scientific information contained in this news release.

On behalf of Norden Crown Metals Corp.

Patricio Varas , Chairman and CEO

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.

Cautionary Note Regarding Forward-Looking Statements

This news release contains certain statements that may be deemed "forward–looking statements". Forward–looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Forward-looking statements may include, without limitation, statements relating to future outlook and anticipated events, such as the growth potential of the Gumsberg Project; future diamond drilling at Fredriksson Gruva; the continuity ‎and future discovery of BHT style mineralization at Fredriksson Gruva; and the future delineation of a ‎magnetite-rich iron formation at Fredriksson Gruva.‎ Although Norden Crown believes the expectations expressed in such forward–looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, are subject to risks and uncertainties, and actual results or realities may differ materially from those in the forward–looking statements. Such material risks and uncertainties include, but are not limited to, Norden Crown's ability to raise sufficient capital to maintain its mineral tenures and concessions in good standing, to explore and develop its projects, to repay its debt and for general working capital purposes; changes in economic conditions or financial markets; the ability of Norden Crown to obtain the necessary permits and consents required to explore, drill and develop the projects and if obtained, to obtain such permits and consents in a timely fashion relative to Norden Crown plans and business objectives for the projects; the general ability of Norden Crown to drill test its projects and find mineral resources; if any mineral resources are discovered or acquired, the Company's ability to monetize any such mineral resources; and changes in environmental and other laws or regulations that could have an impact on the Company's operations. Forward–looking statements are based on the reasonable beliefs, estimates and opinions of Norden Crown management on the date the statements are made. Except as required by law, Norden Crown undertakes no obligation to update these forward–looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.

SOURCE Norden Crown Metals Corp.

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Vertex Minerals Limited Placement and Convertible Loan to Further Advance Reward

Perth, Australia (ABN Newswire) - Vertex Minerals Limited (ASX:VTX) (OTCMKTS:VTXXF) is pleased to announce that firm commitments have been received for a placement and convertible loan financing to raise up to $2.1M at $0.16 per share1 before costs (Capital Raising).

HIGHLIGHTS:

- Firm commitments have been received for a strategic placement to an existing investor to raise $1.10M (before costs) at an issue price of $0.16 per share (Placement).

- Placement proceeds will be further augmented by loan funding of $0.98M, under a convertible facility agreed with institutional / sophisticated investors (Loan). Subject to shareholder approval Loan funds will be converted to fully paid ordinary shares at an issue price of $0.16 per share.

- Proceeds are intended to be applied towards the acquisition of an Ore Sorter and the associated conveyance equipment, purchase of an Underground Drill Rig and working capital.

Vertex's Executive Chairman, Roger Jackson commented: "We are very pleased to have the support of a strategic investor in this placement along with some of our very supportive existing shareholders backing the convertible loan. The funds will be used to acquire a laser Ore Sorter which will be integrated into the Gekko gravity gold plant along with an underground drill rig.

The drill will be focussed on the high-grade targets below and along strike of the high-grade gold resource at Reward. We wish to build our gold inventory from within our Reward mine. We are on track with the plant refurbishment and preparations to move the Reward mine into production in January 2025" Placement Details.

The Placement will comprise the issue of up to 6,900,000 new fully paid ordinary shares at an issue price of $0.16 per share. Subject to shareholder approval, the placement participant will also receive three (3) free attaching options for every five (5) shares. The options will be on the same terms a existing VTXOA options, which have an exercise price of 25c per share and an expiry date of 17/07/2026 (VTXOA Options).

Loan Details

Loan funds are expected to be $976,000 and the Company intends to seek approval for conversion of the Loan at the Company's 2024 AGM, to be held on 29 November 2024. Upon approval by shareholders, loan funds will be automatically converted into fully paid ordinary shares at a conversion price of $0.16 per share, with two (2) free attaching VTXOA Options for every five (5) shares issued on conversion. If not converted, Loan funds will accrue interest at 10% per annum and fall due for repayment on maturity 12 months after receipt.

Shareholder Meetings

The Company expects shortly to despatch a notice of meeting for a General Meeting to be held on or around 8 November 2024 to seek ratification of recent share issues as well as approval for the second tranche of shares under the Company's placement announced on 21 August 2024 and associated issues of options.

Separately, the Company expects to hold its 2024 Annual General Meeting on 29 November 2024, at which it is intended that business will include the seeking of shareholder approval to approve the conversion of the Loan as well as associated option issues.

CPS Capital Group (CPS) acted as lead manager to the Capital Raising.

- CPS and/or its Nominees will receive a management fee of 2% of the total gross proceeds of the Placement and Loan financing for managing the Capital Raising.

- CPS will receive a placing fee of 4%, plus GST. By negotiation CPS may be liable to pay a placing fee to parties, of up to 4%, plus GST for funds raised in the Capital Raising.

- Subject to Shareholder Approval, CPS and/or its Nominees will receive 1,500,000 VTXOA Options to be issued at $0.00001 per option.

- CPS will receive a one-off completion fee of $20,000 plus GST upon completion of the Placement.

*To view tables and figures, please visit:
https://abnnewswire.net/lnk/784UZHT1

About Vertex Minerals Limited:

Vertex Minerals Limited (ASX:VTX) is an Australian based gold exploration company developing its advanced Hargraves and Hill End gold projects located in the highly prospective Eastern Lachlan Fold Belt of Central West NSW. Other Company assets include the Pride of Elvire gold project and Taylors Rock gold/nickel/lithium project both located in the Eastern Goldfields of WA. The focus of Vertex Minerals is to advance the commercial production of gold from its NSW projects embracing an ethical and environmentally sustainable approach.

Source:
Vertex Minerals Limited

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Falco Announces Extension of Its Senior Debts

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Luc Lessard, President and Chief Executive Officer of the Corporation commented: " The concurrent extensions of the Corporation's senior debts demonstrate the strong relationship and long-standing support of Osisko and Glencore to Falco and the development of the Horne 5 Project. Such extensions provide the Corporation with additional flexibility to pursue the permitting and development of this project".

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Ramp Metals Announces Receipt of Exploration Permit and Commencement of 2024/25 Gold Exploration Campaign

Ramp Metals Inc. (TSXV: RAMP) ("Ramp Metals" or the "Company") is pleased to announce the receipt of necessary permits to continue exploration at the Company's Rottenstone SW project. The Company will focus on its Ranger target where 73.55 gt Au over 7.5m was discovered. Mobilization of the field crew for the mapping and sampling program will occur on October 7, 2024.

"The Ramp Metals team hit a world class gold intercept after only one exploration season on site. Historically, the Rottenstone SW property has not been explored in detail. Saskatchewan is very underexplored in general, which shows the potential for a new gold district. The team will use the data from this mapping and sampling program to help prioritize areas for drill targeting," commented Jordan Black, CEO and Director of Ramp Metals Inc.

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Red Metal Resources Announces Grant of Stock Options

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The common shares issuable upon the exercise of the options granted to directors and officers will not be subject to a customary hold period, as permitted by prospectus exemption 2.24 of NI 45-106 in regard to the issuance of the options.

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Canadian Critical Minerals Receives Offer to Purchase Interest in Thierry Mine Project

Canadian Critical Minerals Inc. (TSXV: CCMI) (OTCQB: RIINF) ("CCMI" or the "Company") hereby reports that QC Copper and Gold (TSXV: QCCU) (QCCUF) ("QC Copper") has made an offer to purchase all the outstanding shares of Cuprum Corp. ("Cuprum") in an all-share deal (the "Acquisition"). Cuprum is a private company (formerly Pickle Lake Minerals Inc.) which owns 100% of the Thierry Mine project ("Thierry"). CCMI currently owns 29.9% of Cuprum and is the second largest shareholder. QC Copper currently owns 7.7% of Cuprum. Following the proposed transaction, CCMI's ownership of QC Copper would be 10.4%. This Acquisition, if completed, will establish QC Copper as one of the largest resource developers in Canada, with two multi-billion pound copper deposits in Quebec and Ontario.

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Vertex Minerals Limited Acquires Drill Rig to Advance Exploration, at the High-Grade Reward Gold Mine, Below the Existing Resource

Sydney, Australia (ABN Newswire) - Vertex Minerals Limited (ASX:VTX) (OTCMKTS:VTXXF) is pleased to report the acquisition of a Boart Longyear LM90 underground drill rig, in line with its stated strategy to advance exploration drill works at the high-grade Reward gold mine.

HIGHLIGHTS

- Vertex has acquired a Boart Longyear LM90 underground drill rig to advance exploration at the Reward gold mine below the existing resource

- The Vertex team are planning diamond drill programs for the following:

o Below the current JORC-2012 Reward Resource (see drill collar locations on Figure 1), with the aim of expanding upon the existing resource

o Fosters Exploration Target, and the South Star prospect area

- Acquisition of the LM90 follows an extensive review of the mineralisation potential below the Reward resource, which has only been drilled up to 50m below the Amalgamated Adit. This area targeted is referred to as the 'Reward mid depths' as it is located just 80m to ~200m below the Amalgamated Adit. Refer to figure 1*

- Upon commissioning of the LM90 drill rig, Vertex have planned eight drill holes to target the high-grade Fosters Exploration target

- The LM90 has several advantages well-suited to Vertex's requirements, including:

o The ability to work on surface and underground

o Safe, Semi-automated, with a rod-handler system which allows for less manual handling

o Allows greater flexibility in drilling over a number of resource and exploration areas

o LM 90 rigs are well-established in the industry as safe and reliable underground drill rigs

- Vertex acquiring its own rig has many advantages

o Per-metre drill costs will be significantly less than hiring an external drill contractor

o More control and accuracy over precision of drilling.

o Works well with Job sharing

o Reduces pressure on Mining crew to have drill cuddy availability

o The LM90 rig will be accounted for as an asset on the Vertex balance sheet

Executive Chairman, Roger Jackson, commented: "The acquisition of the LM90 was completed on attractive commercial terms, and followed an extensive review process by the field operations team to acquire a rig that was fit-for-purpose to advance our broader exploration strategy. This is an important development for Vertex and we're excited to get started with targeted drill works that have the potential to unlock significant value from the project. Our analysis has shown that it is significantly cheaper, safer and more practical to drill the Reward mine from underground, which is exactly what the LM 90 allows us to do. With an extensive framework of priority drill targets already set out, we look forward to advancing exploration and building on what is already an exciting resource at the Reward mine."

LONGYEAR LM90 UNDERGROUND DRILL RIG - KEY FEATURES

The LM90 has several attributes which will provide flexibility for on-site drilling operations, where Vertex will be able to maintain drill sites with the Company's own underground mining crew. The deployment of the LM90 also means Vertex does not have to pay stand-down time or mobilisation fees, and its drillers can be assigned to other jobs.

1. REVERSIBLE FEED CYLINDER

The feed cylinder is reversible which increases up-hole drilling capacity.

2. SEMI-AUTOMATED ROD HANDLING

Semi-automated rod handler (optional) makes handling of rods safer and easier.

3. HIGH TORQUE BREAKOUT

Automated high torque breakout device breaks most rod joints automatically.

4. FAIL SAFE ROD CLAMP

Hydraulic open and spring close rod clamp resultsin failsafe operation.

5. LOAD SENSING HYDRAULICS

Load sensing hydraulics maximize efficiency and reduce heat.

6. PROPORTIONAL CONTROLS

Proportional controls and lock levers provide optimum control of rpm and feed.

7. DIRECT COUPLED FEED FRAME

Direct coupled feed frame resultsin lower maintenance and smoother feed transmission

Combined Mineral Resource Estimate (MRE) for the Reward gold deposit at Hill End stands at 419,000 tonnes at 16.72g/t Au for 225,200oz Au (VTX Announcement 21 June 2023)

*To view tables and figures, please visit:
https://abnnewswire.net/lnk/8DG26OB8

Source:
Vertex Minerals Limited

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Norden Crown Intersects High Grade and Significant Widths of Broken Hill Type Mineralization in All Three Holes Drilled at its Fredriksson Gruva Prospect in Sweden

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