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Promising new source of low-carbon, battery-grade nickel

Vertex Minerals Limited Reward Gold Mine Underground Loader Purchased

Perth, Australia (ABN Newswire) - Vertex Minerals Limited (ASX:VTX) (OTCMKTS:VTXXF) is pleased to announce the purchase of an Aramine L350D Loader to be incorporated into the underground fleet at the Reward Gold Mine. The loader is specifically designed for small size gold mining. For its size it is very powerful with a 4t carrying and loading capacity. It is also a very comfortable and safe machine to operate, as it has its cabin in the centre of the machine.

Vertex has purchased the L350D loader for production work in the Reward Mine. It will be fitted with remotes so that the machine can be operated from a remote location. This enables Vertex to undertake long hole stoping which requires the loader to operate in unsupported ground. The new L350D loader has an 8-week delivery time.

On a separate front, engineering staff have been exploring the areas of the mine above the 640 Amalgamated level. These areas are presently accessible by ladders only but will eventually be accessible by an incline ramp for access with jumbos and loaders.

Figures 3* and 4* show current faces with multiple vein exposures up to 6m in width. This represents an exciting opportunity for mining significantly wider stopes than the 1.5m wide stopes envisaged in the PFS. The inclusion of the ore sorter in the processing plant means that Vertex can reject the waste rock between the veins prior to gravity processing.

This ability to sort quartz from country rock is significant as it changes the mining economics of this style of mineralisation. (refer to VTX ASX announcement 24th September 2024) While sampling and assay of these faces remain to be completed, these exposures provide an indication that wider stope widths are possible in some areas and are likely to have a positive impact on stope productivity.

Vertex Director and Mining Engineer Declan Franzmann commented:

"The purchase of a tele-remote capable underground loader provides the flexibility to mine wider stopes using modern mining techniques. The inclusion of ore sorting in the process flow sheet provides VTX with the ability to improve the economics of mining quartz stockwork style mineralisation, which is evident at the Reward Gold Mine."

*To view tables and figures, please visit:
https://abnnewswire.net/lnk/0VLI8BPP

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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Independent Survey Confirms Public Support for Falco Horne 5 Project

Falco Resources Ltd. (TSX.V: FPC) (" Falco" or the " Company" ) is pleased to publish the results of an independent survey of the population of Rouyn-Noranda and Abitibi-Témiscamingue conducted by Léger regarding the understanding and social acceptability of the Falco Horne 5 underground mine project (the " Project" ).

Three out of four people support the Project

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Bold Posts Updated Corporate Presentation

Bold Ventures Inc. (TSXV: BOL) (the "Company" or "Bold") is pleased to announce that it has posted updated maps and information on the Company website at www.boldventuresinc.com. The new information includes the corporate presentation with the latest information on its Ontario and Québec properties, future plans, and current share structure. A condensed presentation highlights Bold's flagship Burchell Gold and Copper Property located west of Thunder Bay, Ontario, as well as its Traxxin and Wilcorp gold projects in the same region, and provides proposed 2025 budgets for Burchell and Traxxin. The priority will be further exploration at the newly discovered 111 Zone at Burchell, where grab samples returned from 10 ppb Au up to 68 gt Au in late 2024.

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Hole ID	X	Y	Z	Azi	Dip	Depth (m)	From (m)	To (m)	Interval (m)	Cu (%)	Au (g/t)	Ag (g/t)	CuEq (%)
CB-24-103	554721	5509893	398	115	-67	597	494.3	495.9	1.6	1.9	0.4	22.3	2.3
						and	572.5	574.9	2.5	3.0	0.1	10.9	3.2
						including	573.0	574.2	1.2	4.8	0.1	15.6	5.0
CB-24-104	554722	5509892	398	85	-69	603	492.2	499.5	7.3	2.7	0.5	9.7	3.1
						including	493.0	496.3	3.3	4.7	1.0	18.3	5.6
CB-24-105	554726	5509910	398	103	-57	492	390.4	394.0	3.7	2.5	0.2	8.5	2.7
						including	390.4	392.1	1.8	3.1	0.2	11.2	3.3
CB-24-106	554726	5509910	398	94	-63	540	412.5	414.4	1.9	0.1	2.0	6.8	2.1
						and	421.4	423.0	1.7	2.7	0.3	8.7	3.0

Hole ID	X	Y	Z	Azi	Dip	Depth (m)	From (m)	To (m)	Interval (m)	Cu (%)	Au (g/t)	Ag (g/t)	CuEq (%)
S3-25-001	548851	5524583	368	50	-50	303.0	Pending Results
S3-25-002	548851	5524583	379	20	-50	207.0	95.0	103.6	8.6	1.9	0.3	19.0	2.3
						including	95.0	97.2	2.2	3.0	0.6	29.5	3.7
						including	101.0	103.6	2.6	3.6	0.7	36.0	4.4
S3-25-003	548710	5524764	387	230	-50	252.0	Pending Results
S3-25-004	548637	5524737	381	240	-50	210.0	Pending Results
S3-25-005	548715	5524554	415	51	-53	354.8	269.4	276.6	7.2	1.3	0.2	6.7	1.5
						including	273.6	275.6	2.0	2.4	0.1	12.5	2.6
S3-25-006	548715	5524554	415	50.5	-63	495.0	Pending Results
S3-25-007	548736	5524522	400	47	-51.5	381.0
S3-25-008	548736	5524522	400	47	-55	366.0
S3-25-009	549197	5524377	399	50	-50	327.0

Year	Hole ID	X	Y	Z	Azi	Dip	Depth (m)	From (m)	To (m)	Interval (m)	Cu (%)	Au (g/t)	Ag (g/t)	CuEq (%)
1955	DQ-35	548883	5524691	380	230	-75	184	157.3	172.2	14.9	1.5	1.8	0.1	2.9
1984	S3-84-2	548838	5524597	380	19	-59	108	95.4	101.5	6.1	0.5	3.5	0.0	3.2
1950	S-21	548884	5524690	376	193	-60	137	96.2	104.7	8.5	0.3	1.8	1.0	1.7
1955	DQ-26	548828	5524752	380	230	-58	158	117.3	130.4	13.1	0.1	0.9	0.1	0.9
1950	S-27	548851	5524574	376	15	-58	222	119.0	127.7	8.7	0.0	1.6	1.7	1.3
1955	DQ-32	548869	5524721	380	230	-44	115	101.5	109.4	7.9	0.1	1.5	0.5	1.3
1955	DQ-30	548869	5524735	380	230	-61	141	117.0	121.6	4.6	0.2	2.6	0.1	2.2
1984	S3-84-5	548967	5524415	380	2	-60	231	207.0	214.0	7.0	1.0	0.2	0.8	1.2
1950	DQ-4	548892	5524674	376	127	-73	169	105.8	109.0	3.2	0.3	2.8	1.1	2.5
1950	S-22	548884	5524690	376	233	-68	126	105.6	110.3	4.7	0.1	1.9	1.4	1.5
1950	S-10	548874	5524672	376	235	-45	78	64.0	67.1	3.0	0.6	1.7	0.3	1.9
1950	S-11	548815	5524707	379	210	-45	63	45.7	48.8	3.0	0.2	1.9	1.2	1.7
1955	DQ-33	548887	5524737	380	230	-68	211	181.7	184.7	3.0	0.0	1.0	0.5	1.1
1955	DQ-31	548876	5524685	380	230	-58	115	78.3	81.4	3.1	0.0	1.3	0.8	1.0
1950	S-23	548862	5524715	378	233	-70	154	134.1	137.2	3.0	0.0	1.3	0.0	1.0
1955	DQ-29	548867	5524677	380	230	-47	86	65.8	67.4	1.6	0.0	2.4	0.3	1.9
1986	S3-86-5	548867	5524773	378	200	-50	220	148.1	149.8	1.8	0.1	1.9	0.0	1.6

Deposit	Category	Tonnes (k)	Cu Grade (%)	Au Grade (g/t)	Cu Metal (kt)	Au Metal (koz)	CuEq Grade (%)
Corner Bay (2022)	Indicated	2,700	2.7	0.3	71	22	2.9
Corner Bay (2022)	Inferred	5,900	3.4	0.3	201	51	3.6
Devlin (2022)	Measured	120	2.7	0.3	3	1	2.9
	Indicated	660	2.1	0.2	14	4	2.3
	Measured & Indicated	780	2.2	0.2	17	5	2.4
	Inferred	480	1.8	0.2	9	3	2.0
Joe Mann (2022)	Inferred	610	0.2	6.8	1	133	5.5
Cedar Bay (2018)	Indicated	130	1.6	9.4	2	39	8.9
Cedar Bay (2018)	Inferred	230	2.1	8.3	5	61	8.5
Total	Measured & Indicated	3,600	2.5	0.6	90	66	3.0
Total	Inferred	7,200	3.0	1.1	216	248	3.8

Criteria	JORC Code explanation	Commentary
Sampling techniques	Nature and quality of sampling (eg cut channels, random chips, or specific specialised industry standard measurement tools appropriate to the minerals under investigation, such as down hole gamma sondes, or handheld XRF instruments, etc). These examples should not be taken as limiting the broad meaning of sampling.	All drilling conducted by Cygnus Metals at the Chibougamau Project was completed under the supervision of a registered professional geologist as a Qualified Person (QP) who is responsible and accountable for the planning, execution, and supervision of all exploration activity as well as the implementation of quality assurance programs and reporting. All Cygnus drilling reported is NQ size (47.8 mm diameter). All historical drilling conducted at Chibougamau Project (as is standard practice in Quebec) was completed under the supervision of a registered professional geologist as a Qualified Person (QP) who is responsible and accountable for the planning, execution, and supervision of all exploration activity as well as the implementation of quality assurance programs and reporting. Historic drilling at the Chibougamau Project is historical in nature dating back to the 1950s. All drilling was conducted using diamond drill rig with both BQ and NQ sized core.
	Include reference to measures taken to ensure sample representivity and the appropriate calibration of any measurement tools or systems used.	All sample collection, core logging, and specific gravity determinations were completed by Cygnus Metals under the supervision of a professionally qualified registered geologist. NQ core was marked for splitting during logging and is sawn using a diamond core saw with a mounted jig to assure the core is cut lengthwise into equal halves. Half of the cut core is placed in clean individual plastic bags with the appropriate sample tag. QA/QC is done in house by Cygnus Metals geologists with oversight from the Senior Geologist. The check samples (blanks and standards – 4% of total samples with another 2% of core duplicates taken on half split core) that were inserted into the sample batches are verified against their certified values and are deemed a pass if they are within 3 standard deviations of the certified value. The duplicates are evaluated against each other to determine mineralization distribution (nugget). If there are large discrepancies in the check samples, then the entire batch is requested to be re-assayed. The samples are then placed in bags for shipment to the offsite laboratory's facility. The remaining half of the core is retained and incorporated into Cygnus's secure, core library located on the property. Due to the historic nature of the above reported historic results, detailed information about sample representivity is not available, therefore the data can be unreliable.
	Aspects of the determination of mineralisation that are Material to the Public Report. In cases where ‘industry standard' work has been done this would be relatively simple (eg ‘reverse circulation drilling was used to obtain 1 m samples from which 3 kg was pulverised to produce a 30 g charge for fire assay'). In other cases more explanation may be required, such as where there is coarse gold that has inherent sampling problems. Unusual commodities or mineralisation types (eg submarine nodules) may warrant disclosure of detailed information.	Industry standard sampling practices were used with sample lengths ranging from 0.3 m to 1.0 m and respected geological contacts. Sample tags were placed at the beginning of each sample interval and the tag numbers were recorded in an MS Excel database. Sampling practice is considered to be appropriate to the geology and style of mineralisation. Historic sampling was often conducted on smaller interval down to 0.1m, paper logs exist recording all requisite information. The sampling practice is considered to be appropriate to the geology and style of mineralisation.
Drilling techniques	Drill type (eg core, reverse circulation, open-hole hammer, rotary air blast, auger, Bangka, sonic, etc) and details (eg core diameter, triple or standard tube, depth of diamond tails, face-sampling bit or other type, whether core is oriented and if so, by what method, etc).	Diamond core was drilled using surface diamond rigs with industry recognised contractors Miikan Drilling. Miikan is a joint venture between Chibougamau Diamond Drilling Ltd., the First Nations community of Ouje-Bougoumou and the First Nations community of Mistissini both located in the Eeyou Istchee territory. Drilling was conducted using NQ core size. Directional surveys have been taken at 50m intervals. All historic drilling conducted at the Chibougamau Project was conducted using diamond drill rig with both BQ and NQ sized core.
Drill sample recovery	Method of recording and assessing core and chip sample recoveries and results assessed. Measures taken to maximise sample recovery and ensure representative nature of the samples. Whether a relationship exists between sample recovery and grade and whether sample bias may have occurred due to preferential loss/gain of fine/coarse material.	Diamond core recovery was measured for each run and calculated as a percentage of the drilled interval. Overall, the core recoveries are excellent in the Chibougamau area. As a result, no bias exists.
Logging	Whether core and chip samples have been geologically and geotechnically logged to a level of detail to support appropriate Mineral Resource estimation, mining studies and metallurgical studies.	All core was geologically and geotechnically logged. Lithology, veining, alteration and mineralisation are recorded in multiple tables of the drillhole database. Historic drilling has been recorded on paper logs which have been scanned and digitised into MS Excel by Cygnus and other professional geologists.
	Whether logging is qualitative or quantitative in nature. Core (or costean, channel, etc) photography.	Geological logging of core is qualitative and descriptive in nature.
	The total length and percentage of the relevant intersections logged.	100% of the core has been logged.
Sub-sampling techniques and sample preparation	If core, whether cut or sawn and whether quarter, half or all core taken. If non-core, whether riffled, tube sampled, rotary split, etc and whether sampled wet or dry. For all sample types, the nature, quality and appropriateness of the sample preparation technique. Quality control procedures adopted for all sub-sampling stages to maximise representivity of samples. Measures taken to ensure that the sampling is representative of the in-situ material collected, including for instance results for field duplicate/second-half sampling. Whether sample sizes are appropriate to the grain size of the material being sampled.	The NQ diameter the core was sawn in half following a sample cutting line determined by geologists during logging and submitted for analysis on nominal 1m intervals or defined by geological boundaries determined by the logging geologist. Each core sample is assigned a tag with a unique identifying number. Sample lengths are typically one metre but can be depending on zone mineralogy and boundaries. This sampling technique is industry standard and deemed appropriate. For historic drilling: the marked drill hole core sections were split using a hydraulic core splitter. Half core was put in plastic bags numbered on the outside with a pen marker. A sample tag was placed inside the bags and the bags were folded and stapled. The sample bags were then sent to the Copper Rand mine laboratory for analysis. The remaining core was retained for reference. Samples sizes are considered appropriate to grain size of the materials being sampled.
Quality of assay data and laboratory tests	The nature, quality and appropriateness of the assaying and laboratory procedures used and whether the technique is considered partial or total.	Sample (NQ size half core) preparation and fire assay analysis were done at Bureau Veritas Commodities Canada Ltd ("BV") in Timmins, Ontario, and ICP-ES multi-elements analysis was done at BV in Vancouver, B.C. Samples were weighed, dried, crushed to 70% passing 2 mm, split to 250 g, and pulverized to 85% passing 75 µm. Samples are fire assayed for gold (Au) (30 g) and multi-acid digestion ICP-ES finish, for 23 elements (including key elements Ag, Cu, Mo). Samples assaying >10.0 g/t Au are re-analysed with a gravimetric finish using a 30 g charge. Samples assaying >10% Cu are re-analysed with a sodium peroxide fusion with ICP-ES analysis using a 0.25 g charge. Historically, samples were delivered to the in-house laboratory at Copper Rand. Control samples were sent to an external laboratory.
	For geophysical tools, spectrometers, handheld XRF instruments, etc, the parameters used in determining the analysis including instrument make and model, reading times, calibrations factors applied and their derivation, etc.	None used.
	Nature of quality control procedures adopted (eg standards, blanks, duplicates, external laboratory checks) and whether acceptable levels of accuracy (i.e. lack of bias) and precision have been established.	At Bureau Veritas, laboratory QC procedures involve the use of internal certified reference material as assay standards, along with blanks, duplicates and replicates. For historic assays completed at the on-site laboratory, samples were transferred into metal pans. Paper bags were prepared, and the sample numbers were recorded on them. The samples were crushed to -0.25 in (-6.35 mm) and split to keep 100 to 200g. Rejects were put back into the plastic bags and stored. The split was pulverized with a disk pulverizer and the pulp was stored in the paper bag. A 5 g sample was weighed and put in a beaker. Trays of 35 beakers were used. The samples were dissolved using a mixture of 20 mL of hydrochloric acid (HCl) and 10 mL of nitric acid. The trays were then heated for five minutes and left to sit and cool for 45 minutes. The solution was vacuum filtered into Erlenmeyer flasks and levelled to 100 ml. The Erlenmeyer flasks were mixed for one minute. The solution was then placed into test tubes, 35 test tubes per tray, and diluted with water at a ratio of 1:15. The test tubes were subjected to analysis by atomic absorption for copper, gold, and silver. Results were displayed on the screen of the atomic absorption analyzer. There was no electronic storage of results. Assay results were manually transcribed onto assay sheets by the operator. They were later entered into computer spreadsheets for further processing by the geology department. The handwritten assay sheets were archived in files at the laboratory.
Verification of sampling and assaying	The verification of significant intersections by either independent or alternative company personnel.	Verification of sampling was made by Cygnus Metals and other professional consultant geologists. Verification of historic original drillhole logs and assay data was made by Cygnus and other professional geologists.
	The use of twinned holes.	No hole is twinned.
	Documentation of primary data, data entry procedures, data verification, data storage (physical and electronic) protocols.	All logging data was completed, core marked up, logging and sampling data was entered directly into the database. The logged data is stored on the site server directly. For historic log, all data is recorded on pdf reports much of which are filed with the Quebec government - Ministry of Natural Resources and Forests.
	Discuss any adjustment to assay data.	There was no adjustment to the assay data.
Location of data points	Accuracy and quality of surveys used to locate drill holes (collar and down-hole surveys), trenches, mine workings and other locations used in Mineral Resource estimation.	The location of the drillholes and the aiming points for the orientation of the drillholes were indicated on the ground using identified stakes. The stakes marking the location of the drillholes were set up and located with a Garmin GPS model "GPSmap 62s" (4m accuracy). Surveys are collected using a Reflex EZ-Shot® single-shot electronic instrument with readings collected at intervals of approximately every 30 m downhole plus a reading at the bottom of the hole. The location of the drillholes and the aiming points for the orientation of the drillholes are recorded on the historic drill logs and associated maps.
	Specification of the grid system used.	The grid system used is UTM NAD83 (Zone 18). Historically, the grid system used was the Copper Rand mine grid which has been converted to UTM NAD83 (Zone 18).
	Quality and adequacy of topographic control.	A Digital Terrane Model (DTM) has been used to accurately plot the vertical position of the holes, which is considered to provide an adequate level of topographic control.
Data spacing and distribution	Data spacing for reporting of Exploration Results.	The drill spacing for recent drilling is considered appropriate for this type of exploration. Due to the historic nature and mix of underground and surface drilling the drill hole spacing for historic drill results is highly variable.
	Whether the data spacing and distribution is sufficient to establish the degree of geological and grade continuity appropriate for the Mineral Resource and Ore Reserve estimation procedure(s) and classifications applied.	No resource estimation is made.
	Whether sample compositing has been applied.	No sample compositing has been applied.
Orientation of data in relation to geological structure	Whether the orientation of sampling achieves unbiased sampling of possible structures and the extent to which this is known, considering the deposit type.	Recent drilling is orientated approximately at right angles to the currently interpreted strike of the known interpreted mineralisation. Due to the historic nature and mix of underground and surface drilling the drill hole orientation for historic drill results is highly variable.
Orientation of data in relation to geological structure	If the relationship between the drilling orientation and the orientation of key mineralised structures is considered to have introduced a sampling bias, this should be assessed and reported if material.	No bias is considered to have been introduced by the existing sampling orientation.
Sample security	The measures taken to ensure sample security.	Core was placed in wooden core boxes close to the drill rig by the drilling contractor. The core was collected daily by the drilling contractor and delivered to the secure core logging facility. Access to the core logging facility is limited to Cygnus employees or designates. Due to the historic nature of the above reported historic results detailed information about sample security is not available, therefore the data can be unreliable.
Audits or reviews	The results of any audits or reviews of sampling techniques and data.	No audits or reviews of sampling techniques or data have been undertaken, therefore information on audits or reviews is not yet available.

Placement of Shortfall and Cleansing Notice

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