Vertex Minerals Limited  Reward Gold Mine Production Update

Vertex Minerals Limited Reward Gold Mine Production Update

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



Contact:
Roger Jackson
Executive Chairman

Tully Richards
Technical Director
tully@vertexminerals.com.au

News Provided by ABN Newswire via QuoteMedia

VTX:AU
The Conversation (0)
Reward Gold Mine Production Update

Reward Gold Mine Production Update

youtu.be Vertex Minerals (VTX:AU) has announced Reward Gold Mine Production UpdateDownload the PDF here. Keep Reading...
Underground Production Commences Reward Gold Mine Project

Underground Production Commences Reward Gold Mine Project

Vertex Minerals (VTX:AU) has announced Underground Production Commences Reward Gold Mine ProjectDownload the PDF here. Keep Reading...
Quarterly Activities and Cash Flow Reports 30 June 2025

Quarterly Activities and Cash Flow Reports 30 June 2025

Vertex Minerals (VTX:AU) has announced Quarterly Activities and Cash Flow Reports 30 June 2025Download the PDF here. Keep Reading...
UPDATE Fully Developed Stope Block Announcement (28/04/25)

UPDATE Fully Developed Stope Block Announcement (28/04/25)

Vertex Minerals (VTX:AU) has announced UPDATE Fully Developed Stope Block Announcement (28/04/25)Download the PDF here. Keep Reading...
A$11m Capital Raising to Accelerate Mining at Hill End

A$11m Capital Raising to Accelerate Mining at Hill End

Vertex Minerals (VTX:AU) has announced A$11m Capital Raising to Accelerate Mining at Hill EndDownload the PDF here. Keep Reading...
Bold Options Olcott Claims and Notes the Commencement of Ring of Fire Road Construction

Bold Options Olcott Claims and Notes the Commencement of Ring of Fire Road Construction

Bold Ventures Inc. (TSXV: BOL,OTC:BVLDF) (the "Company" or "Bold") is pleased to announce that it has signed an agreement to option the Olcott Property adjacent to its Wilcorp Property east of Atikokan, Ontario. The Olcott claims host a historical gold showing known as the Jackson-Olcott... Keep Reading...
Steadright Announces Addition of a New Advisory Board Member, and Changes in Financial Year-End

Steadright Announces Addition of a New Advisory Board Member, and Changes in Financial Year-End

(TheNewswire) June 18th, 2026 TheNewswire - Muskoka, Ontario Steadright Critical Minerals Inc. (CSE: SCM) ("Steadright" or the "Company"), welcomes the addition of Jeffrey N. Mosseri to its Advisory Board. Jeffrey is a distinguished Investment Banker and Asset Manager, with over five decades of... Keep Reading...
Oreterra Closes Sale of Option to Buy down Newmont Lake Royalty for Shares and Cash Valued at $1.1 Million plus a Potential $22 Million in Future Staged Cash and Advance Royalty Payments

Oreterra Closes Sale of Option to Buy down Newmont Lake Royalty for Shares and Cash Valued at $1.1 Million plus a Potential $22 Million in Future Staged Cash and Advance Royalty Payments

Oreterra Metals Corp. (TSXV: OTMC) (OTCID: OTMCF) (FSE: D4RO) (WKN: A421RQ) ("Oreterra" or the "Company") is pleased to announce that the TSX Venture Exchange has provided final approval for, and the Company has now closed, the amending agreement dated April 27, 2026 (the "Amending Agreement"),... Keep Reading...
Gecko Mineral Resource Update

Gecko Mineral Resource Update

CuFe Limited (CUF:AU) has announced Gecko Mineral Resource UpdateDownload the PDF here. Keep Reading...
Redstone Acquires Gold and Critical Mineral Projects in WA

Redstone Acquires Gold and Critical Mineral Projects in WA

Redstone Resources (RDS:AU) has announced Redstone Acquires Gold and Critical Mineral Projects in WADownload the PDF here. Keep Reading...
Metalsource Mining Expands Silver Hill Exploration Footprint with Multiple Open IP Targets Across 2.4 Kilometres of Strike

Metalsource Mining Expands Silver Hill Exploration Footprint with Multiple Open IP Targets Across 2.4 Kilometres of Strike

Property-scale survey identifies multiple priority drill targets analogous to the geophysical signature associated with known mineralization, supporting systematic step-out drilling and the potential expansion of America's first silver mine.Metalsource Mining Inc. (CSE: MSM,OTC:MSMMF) (OTCQB:... Keep Reading...

Interactive Chart

Latest Press Releases

Related News