Vertex Minerals (ASX:VTX)

Vertex Minerals Gets Efficiency Boost with Sensor-based Ore Sorting Tech

Ore processing at Vertex Minerals’ (ASX:VTX) Hill End gold project in New South Wales is getting a boost in efficiency and sustainability with the integration of Tomra Mining’s laser ore sorting technology, according to a report published by Mining Review Africa.

Integrating Tomra’s sensor-based sorting system allowed Vertex to more precisely separate ore from waste rock, thereby improving feed grade and reducing the volume of materials processed downstream, the report noted.

Tomra’s technology further enhances Vertex’s gravity-separation-based processing plant, which eliminates the use of cyanide to extract gold.

A test conducted by Vertex and Tomra at Hill End’s Reward mine achieved a 337 percent increase in gold grade and 79 percent reduction in mass with minimal gold loss, the article reported.

Read the full article here.

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Australia’s next high-grade, green gold producer

Vertex Minerals Limited  Share Purchase Plan Raises A$1.6M and Closes

Vertex Minerals Limited Share Purchase Plan Raises A$1.6M and Closes

Perth, Australia (ABN Newswire) - Vertex Minerals Limited (ASX:VTX) (OTCMKTS:VTXXF) is pleased to advise that the Company's Share Purchase Plan Offer ("SPP") is closing Friday 6 June 2025 after raising A$1.6 million.

As announced on 12 May 2025, the Company proposed a maximum of A$1 million Share Purchase Plan Offer as part of a A$11 million capital raising.

Due to an overwhelming response, the Company decided to close the SPP early.

To view the updated anticipated dates, please visit:
https://abnnewswire.net/lnk/HQL85278



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

News Provided by ABN Newswire via QuoteMedia

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Vertex Minerals Limited  Reward Gold Mine Project Update

Vertex Minerals Limited Reward Gold Mine Project Update

Perth, Australia (ABN Newswire) - Vertex Minerals Limited (ASX:VTX) (OTCMKTS:VTXXF) is pleased to announce that the underground mining operation is on track to be producing high grade gold feed to the recently commissioned gravity gold plant early this quarter.

Vertex's Technical Director and Geologist, Tully Richards commented: "It is very exciting to be involved in the opening of the next chapter of what is a legendary gold field. I'm particularly pleased to see the enthusiasm of all those involved in wanting to make this chapter a success"

HIGHLIGHTS:

- VTX remains on track to deliver first underground high grade gold ore to the Gravity Gold plant in early Q3 2025, with commissioning and underground mine readiness ramp- up activities progressing as planned.

- Underground Gold Mining Readiness

- First underground miners onboarded under owner operator model

- TD1 Jumbo (for development and production) commissioned and operating underground

- Primary ventilation installed

- First stope development dewatering completed

- Explosive Magazine constructed

- Water feed installed

- Air lines installed and operational

- 11kva power installation underway

- Revised mine plan and schedule received and being implemented

- Underground Ore trialled through gravity plant

- Trail of 90 tonnes of development material with some reef quartz through the gravity plant

- Throughput exceeding expectation and beyond the nameplate plant flow sheet value.

- Pulse Mining System Installed and Implemented

- INX Software Installed and Implemented

- INX Software and site access kiosks to go live at mine site in June.

- INX will improve overall safety framework with real time risk mitigation focus.

- INX strengthens site access controls for employees, contractors and visitors.

- Sand Stack facility fully operational

- Facility fully functioning with return water pump station installed and operational (water recycling)

- 57 Megalitre Turon River water licence purchased for back up water supply

- Environmental & Compliance Implementation

- Multiple monitoring systems installed, and real time monitored (Dust, noise, vibration).

- Underground diamond drilling site ("drill cuddy") being established

- This location will be used for Reward Gold Mine resource development as well as mine corridor exploration diamond drilling

A batch of hard rock material, taken from the Reward Gold Mine - Amalgamated Vein, was trial processed through the Gravity Gold Plant and TOMRA sorter. Vertex engineers and operators were extremely pleased with the throughput rate and its sorting amenability.

As previously announced the new mine schedule for the Reward underground mine proposes mining two stope blocks consisting of 2,075 tonnes at 17.8 g/t Au and 700 tonnes at 42.5 g/t Au. The planned stope width is the same as the interpretation of the mineralisation. (Refer to Table 1 in Appendices 1) (VTX ASX announcement 26/06/23).

This stope can be exploited as soon as services have been established. Vertex mining crews are actively developing the adit to make room for the 11kva cable, water and air lines ("services").

Drill Cuddy (location for underground diamond drill rig)

A drill cuddy is being developed by Vertex airleg miners and will be completed mid-June. The drill cuddy will be mined up to 6m in height and 7m depth to cater for the Vertex LM90 drill rig. The rig will drill circa 7 holes in this location designed by the Vertex geologists, targeting the stacked veins below and above the Amalgamated adit. The LM 90 will be operated by Vertex drillers and will drill continuously going forward. The aim is to build gold inventory, convert inferred resource to indicated and to help with stope design.

Vertex have now fully installed and implemented a closed water system at the Reward Gold Mine. The water from the gravity process plant mixed with the waste sand material is decanted at the sand stack area. The decanted water is then pumped back to the process plant for re-use. Make-up water is sourced from the Reward Gold Mine where mine water is used to meet the water requirements for the gravity plant. Water use is minimised in the process because the ore is mostly processed by ore sorting which doesn't use water. Further the water is not polluted because the Reward Ore and country rock has no sulphide minerals and the plant process does not use chemicals (Cyanide or reagents).
*To view tables and figures, please visit:
https://abnnewswire.net/lnk/8HMS51NW



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

News Provided by ABN Newswire via QuoteMedia

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Vertex Minerals Limited  Identifies Additional Gold Resources at the Reward Mine

Vertex Minerals Limited Identifies Additional Gold Resources at the Reward Mine

Perth, Australia (ABN Newswire) - Vertex Minerals Limited (ASX:VTX) (OTCMKTS:VTXXF) is pleased to announce that the Company's engineering and geology team at the Reward Mine have identified an additional two stope block that have not been previously reported. These stopes will be incorporated into the overall mine schedule, but provide an early source of mill feed.

HIGHLIGHTS:

- VTX's Technical Services team has identified a fully developed stope block to include in the mine production start-up.

- Stopes are suitable for airleg mining which will augment jumbo production.

- Stope blocks contains an Inferred Resource of 2,075 tonnes at 17.8 g/t Au and forms part of the 2023 Mineral Resource Estimate. With the lower block having over 700 tonnes at 42.5 g/t. The planned stope width is the same as the interpretation of the mineralisation.

- Stopes are additional to the PFS mine schedule which is illustrated in Figure 2* showing the location of the additional stope.

- Stope blocks are fully developed and have been sampled from development.

- This stope can be exploited as soon as services have been established.

The stopes were developed by a previous operator and are accessible from existing development. The additional stope blocks contain an Inferred Resource of 2,075 tonnes at 17.8 g/t Au containing 1,189 ounces of gold with the lower block having over 700 tonnes at 42.5 g/t. The planned stope width is the same as the interpretation of the mineralisation. These stopes forms part of the Mineral Resource Estimate reported in VTX Announcement 22 June 2023. They were not included in the production forecast detailed in the 2024 Pre-Feasibility Study (Announcement 3 January 2024). This was due to the complexity of existing airleg workings and uncertainty around access and ground conditions and wide spaced drilling which established these areas into an Inferred Resource Category.

Note: 'The Mineral Resources are additional to the Ore Reserves.'

Subsequent investigations, which included physical inspection of the levels and completing a geotechnical assessment, have concluded that the stopes are fully developed and accessible.

The quartz veins are exposed in the existing development and have been sampled. In total ninety-seven (97) face samples were taken along the stope and assayed for gold. Figure 3* illustrates the sample grades diluted to 1.5m width, which represents a minimum mining width, and the locations along the stope.

The density of sampling around the stope locations, along with accessibility adds to the confidence that the Company can successfully mine this area very early in the start-up of underground production. The Company believes the inclusion of these stopes is significant to early production, and that the stopes will be mined before the Company updates the Resource and Reserve Estimates for the Project. These samples were not used in the Resource.

The Company plans to exploit this stope once the mine services have been established and bring this stope into the initial stages of the production schedule.

Vertex's Executive Chairman, Roger Jackson commented: "Our new technical team has been established, and it is great to see them looking for the opportunities to add value to the high-grade underground production start-up.

This really does show the potential this mine has for high grade expansion. We are in the process of re-opening the underground mine with the establishment of mine services. Dewatering of the declines has commenced and is progressing to schedule."

*To view tables and figures, please visit:
https://abnnewswire.net/lnk/0C116659



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

News Provided by ABN Newswire via QuoteMedia

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VIDEO: Vertex Minerals Ltd  Exec. Chairman Roger Jackson Outlines the Move to Gold Production

VIDEO: Vertex Minerals Ltd Exec. Chairman Roger Jackson Outlines the Move to Gold Production

Sydney, Australia (ABN Newswire) - VIDEO: Vertex Minerals Ltd (ASX:VTX) (OTCMKTS:VTXXF) Exec. Chairman Roger Jackson is interviewed by ABN Newswire and outlines the Move to Gold Production for the Hill End project.

Mr Jackson explains that the company is fully funded with all processes in place to begin gold mining at the historic Hill End location, where the largest gold specimen (The Holterman Nugget) in history was found.

New drilling equipment will allow the company to extend on its current gold resource. 3,600 shallow shafts running along strike, with no drilling provides the company with an exceptional opportunity to grow the resource base as it concurrently begins mining from the "Reward" that contains over 200,000 ounces of gold at over 17 grams per tonne.

The company is moving quickly from explorer/developer to explorer/miner.

To view the Video Interview, please visit:
https://www.abnnewswire.net/lnk/NOSAH25C



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

News Provided by ABN Newswire via QuoteMedia

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Maritime Resources Announces an up to $10 Million Best Efforts Private Placement Financing

Maritime Resources Announces an up to $10 Million Best Efforts Private Placement Financing

Maritime Resources Corp. (TSXV: MAE) ("Maritime" or the "Company") is pleased to announce that it has entered into an agreement with Paradigm Capital Inc. ("Paradigm") as lead agent and sole bookrunner, for and on behalf of a syndicate of agents (collectively, the "Agents"), in connection with a proposed best efforts private placement offering (the "Offering") of up to 8,850,000 common shares in the capital of Maritime (the "Offered Securities") to be issued at $1.13 per Offered Security (the "Issue Price") for gross proceeds of up to $10,000,500.

The Company will also grant the Agents an option (the "Agents' Option") to sell up to an additional 1,327,500 Offered Securities at the Issue Price for additional gross proceeds of up to $1,500,075, exercisable in whole or in part by the Agents at any time 48 hours prior to the Closing Date (as defined herein).

News Provided by Newsfile via QuoteMedia

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Wooden blocks spelling "M&A" on a computer keyboard.

Tudor to Acquire American Creek in Latest Gold M&A Deal

Tudor Gold (TSXV:TUD,OTC Pink:TDRRF) has signed a definitive agreement to acquire American Creek Resources (TSXV:AMK,OTCQB:ACKRF) in an all-share transaction, marking a consolidation in BC's Golden Triangle.

Under the deal, dated Wednesday (June 25), each American Creek shareholder will receive 0.238 shares of Tudor for each share held, effectively giving Tudor an 80 percent ownership stake in the Treaty Creek project — one of Canada’s largest undeveloped gold-copper porphyry systems. American Creek previously held a fully carried 20 percent interest.

"Our acquisition of American Creek increases our interest to 80 percent in the Treaty Creek Project, which hosts one of the largest gold discoveries in Canada with excellent potential for expansion and additional gold-copper discoveries, at a reasonable per ounce of gold equivalent cost," said Joe Ovsenek, Tudor Gold president and CEO, in a press release.

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Gold bars in stacks.

Top 7 ASX Gold ETFs in 2025

The price of gold reached record highs in 2025, driven by global economic uncertainty stemming from shifting US trade policy and escalating geopolitical tensions in the Middle East.

For many investors, gold is a tool for diversification. The precious metal is known for its ability to act as a safe haven and hence operates as a protective option when building a balanced portfolio.

Gold exchange-traded funds (ETFs) give investors a relatively easy way to get exposure to physical gold without having to worry about the extra hassle of buying and storing the metal — not to mention insuring it. Gold ETFs can also track a basket of gold-focused stocks, allowing investors to spread risk instead of betting on individual companies.

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Equity Metals Drilling Underway on the Silver Queen Ag-Au Property, British Columbia

Equity Metals Drilling Underway on the Silver Queen Ag-Au Property, British Columbia

Equity Metals Corporation (TSXV: EQTY) ("Equity" or the "Company") reports that drilling is underway on the 100% owned 18,871 ha Silver Queen Property, northern British Columbia. Four holes totaling 1,422 metres of the planned 18 hole, 6,000 metre 2025 drill program have been completed to date, with the current holes testing down-dip of higher-grade mineralized intercepts from the 2024 drilling (see Figure 2 and 2024 highlights below). Subsequent drilling will continue testing along strike, up to 400 metres laterally to the northwest. Drill core is being logged and sampled for analyses with assays anticipated in the coming weeks.

The 2025 drill program is a continuation of drilling completed in Q4/24, which successfully confirmed both the grade and tenor of mineralization beneath historical underground workings beyond the northwestern end of No. 3 resource blocks. Drilling at that time extended the projection of the No. 3 Vein for 400 metres strike-length and to over 250 metres depth below surface. Mineralization remains open both laterally and at depth, and expanding projections of that mineralization is the target of the current 2025 drill program on the property.

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