Vertex Minerals Limited Appointment of Joint Chief Financial Officers

Perth, Australia (ABN Newswire) - Vertex Minerals Limited (ASX:VTX,OTC:VTXXF) (OTCMKTS:VTXXF) is pleased to announce the establishment of multiple mining fronts in the Reward Underground Mine. The Company is employing multiple mining methods to diversify risk and maximise head grade. These include airleg gallery and shrink stoping, jumbo cut and fill stoping and narrow vein longhole open stoping.

- Stoping of the 1670 airleg stope is well underway with production over the last 5 days of 125 tonnes mined and processed. Today, concentrates from gravity processing are being further concentrated prior to delivery to the gold refinery.

- Commencement of drilling of the 1438 longhole stope commenced on 23 September and the Company expects to be blasting this stope within the next two weeks. Figures 3* and 4* illustrate the stope design targeting production of 660 tonnes at a conservatively estimated grade of 6 g/t Au.

- Preparation for establishment of a cut and fill stope in Decline 3 (1720 Stope) are progressing, with stripping of backs and installation of ground support underway to allow jumbo access for ore production in October.

- The mining team are preparing a development heading on the Amalgamated vein. This is part of the strategy of placing capital access development on veins outside ofthe resource, to quickly advance exploration by mining.

- Electrical power is now distributed to all development and stoping fronts. This has taken longer than planned due to delays in delivery and commissioning of specialised equipment suitable for small development headings.

- Underground radio communication is now installed and operational mine wide. The installation is to best practice reaching all working areas.

- A new Aramine loader was delivered on 23 September 2025 and is now being fitted out for tele-remote operations.

- Reward ore will be processed via the gravity only gold processing plant located at the entry to the mine. No chemicals are used in ore processing to produce gold.

- The underground mine ore will, over time, provide high grade feed to the gravity plant.

- Vertex aims to have developed multiple mining fronts, with over around 400m of strike to achieve continuous feed to the plant. The production ramp up is continuing

The first of these fronts is the 1670 Shrink Stope (airleg), which is now in production. The focus of this stope is low tonnage but high-grade ore.

The second mining front is the establishment of the 1438 Longhole stope, with drilling commencing on 23 September 2025. Figure 3* illustrates an oblique view of the stope while Figure 4* shows a typical drill plan section with the high-grade Mica 1 and Mica 2 veins within the design.

Longhole stoping is a mechanised and highly productive mining method that minimises development requirements. The 1438 includes two high grade veins within the stope which maximises extraction of the resource. The aim of longhole stoping is to provide base load production for gravity processing.

To support longhole stoping the Company has taken delivery of an Aramine 350D loader which is presently being fitted with RCT's remote controlled system, allowing the loader to be remotely piloted for bogging out longhole stopes.

The third mining front is the 1720 cut and fill stope which will utilise jumbo production to mine highgrade Mica and Mica 2 veins. New ground support is presently being installed, and stoping is expected to commence in October 2025.

The fourth mining front is capital development on the Amalgamated Vein as shown in Figure 9. This drive is designed to duplicate and parallel the existing access drive to the Reward Shaft, which will allow the mining of stopes along the existing access drive. It is important to note that capital development is placed on veins outside of the resource and in areas where there is no drilling. This strategy expedites exploration and new discovery through the geological sampling of the developing face and the Company expects that sections of this development will be economic to process and add to gold production. Additional development headings will commence as mine scheduling allows.

Vertex is in the early stages of the underground mine's development. The production ramp up has been delayed largely due to issues in delivery and commissioning of high voltage electrical equipment, however the decision to install 11,000 Volt power distribution will provide outstanding benefit over the entire mine life. Vertex is now into increasing production from the underground mine and anticipates continuous improvement in gold production over the remainder of the year.

The processing of gold ores without the use of chemicals continues to be optimised, with the focus on improving recovery as we switch from processing surface stockpiles to higher grade underground ore.

The Vertex Mining Team aims to exceed the highest safety and environmental standards as we transition to 100% underground mining.

*To view tables and figures, please visit:
https://abnnewswire.net/lnk/728Z10U7

About Vertex Minerals Limited:

Vertex Minerals Limited (ASX:VTX,OTC:VTXXF) 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

Perth, Australia (ABN Newswire) - Flagship Project for Vertex Minerals Limited (ASX:VTX,OTC:VTXXF) (OTCMKTS:VTXXF) - Reward Gold Mine, Hill End Corporate Presentation to Mining Forum Americas.

- Commenced Gold processing with new Gekko Gravity Gold Plant

- 100% owned

- No hedge - No Secured debt - fully funded

- Low operating Cost

- High Grade Gold Resource and Reserve 225 ozs at 16.7g/t + more

- Inherited >AUD $50m of underground development

- 1.8M Au oz historically mined

- Reward sits below the Hawkins Hill Mine 435kozs at 309 g/t

- Up to 95% recovery by gravity processes only

- Big Gold System, ~21Miles (34km) with >3,000 old workings

*To view the presentation, please visit:
https://abnnewswire.net/lnk/484ZF4X8

About Vertex Minerals Limited:

Vertex Minerals Limited (ASX:VTX,OTC:VTXXF) 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

Perth, Australia (ABN Newswire) - Vertex Minerals Limited (ASX:VTX,OTC:VTXXF) (OTCMKTS:VTXXF) is pleased to announce the commencement of development of the first two stope blocks at the Reward Mine. Since commissioning the ventilation fan on Thursday 21 August, a total of 500 tonnes of ore has been blasted and bogged to the Amalgamated portal for processing.

Operational Milestones

- Vertex is today pleased to announce first freshly blasted ore sourced from the first two stoping blocks at the Reward Underground Mine.

- Ore is from development stripping (making ore drives larger for machine access) in preparation for mechanised stoping operations.

- Reward ore will be processed via the Gravity Only gold processing plant located at the entry to the mine.

- The material will start replacing feed from the low-grade surface ore stockpile, with the aim of achieving 100% feed from higher grade underground ore sources over the next few weeks.

- The underground electrical transformer is energised and 1,000 Volt power reticulated underground.

- The Primary Ventilation Fan was commissioned on Thursday 21 August, giving excitement to the Vertex Mining Team. Powered ventilation in the mine means mining can start in earnest.

- 1550 Decline is dewatered, with first ore blasted.

- Vertex aims to have developed multiple mining fronts, with over around 400m of strike, to achieve continuous feed to the plant.

Underground broken stocks include 200 tonnes at 5.4g/t from the 1325 strip, while the remaining 300 tonnes is pending assay grades but from 1438 stope area and 1555 decline strip.

The Company is spreading initial production areas around 400 metres of strike length to provide operational flexibility. Significant effort is underway setting up the 1720 stopes to the northern end of the mine, primarily accessed from the 1555 Decline. The Company is focussed on initially mining high grade ore, primarily from the Mica 1 and Mica 2 Veins. M1 and M2 are parallel veins and around 2m apart.

The Company is employing multiple mining methods to diversify risk and maximise head grade These include airleg gallery and shrink stoping, jumbo cut and fill stoping and narrow vein longhole open stoping.

*To view tables and figures, please visit:
https://abnnewswire.net/lnk/0CUE41IB

About Vertex Minerals Limited:

Vertex Minerals Limited (ASX:VTX,OTC:VTXXF) 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

Perth, Australia (ABN Newswire) - Vertex Minerals Limited (ASX:VTX,OTC:VTXXF) (OTCMKTS:VTXXF) commences underground production at the Reward Gold Mine, moving to high grade gold production.

Operational Milestones

- First blasting of gold producing ore on the Lady Belmore Reef was undertaken over the weekend.

- The material will start complementing the low-grade gold stockpile feed to the Gravity Processing Plant, until all mining fronts are enabled.

- In forthcoming weeks, VTX remains firmly on track to commence processing of high-grade stope ore from the underground mine.

- The Reward Underground 11kva to 1000v Transformer Substation is installed and powered up. Cabling to the Primary Fan is completed.

- Access Drives to the two Starter Stopes are being cleaned, ready for the Production Rig to commence drilling the High-Grade Stopes.

- Decline 3 developed on the Mica Vein is fully dewatered, ready to be flatback mined for providing further gold feed to the Gravity Plant.

- Vertex aims to have developed at least 4 mining fronts and maintain continuous feed to the plant, which will involve various mining methods.

- Mining the Reward Gold Mine - Resource 225kozs at 16.7g/t

As previously announced, the startup mine schedule includes mining 2,075 tonnes at 17.8 g/t Au from a developed airleg stope block. The planned stope width is the same as the interpretation of the mineralisation. Refer to VTX ASX announcement 4th June 2025

Given the stope will take some time to extract, additionally, the Vertex Geology and Mining Team have brought forward a very high-grade long hole stope to commence mining in August 2025. The high-grade long hole stope isto be mined with a long hole stope method, using the Epiroc Production Rig.

*To view photographs, please visit:
https://abnnewswire.net/lnk/2U10401V

About Vertex Minerals Limited:

Vertex Minerals Limited (ASX:VTX,OTC:VTXXF) 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