Vertex Minerals Limited  Underground Development and Production Drill Rig Purchased

Vertex Minerals Limited Underground Development and Production Drill Rig Purchased

Perth, Australia (ABN Newswire) - Vertex Minerals Limited (ASX:VTX) (OTCMKTS:VTXXF) is pleased to announce the purchase of an Epiroc Boomer TD1 development and production rig to be incorporated into the underground fleet at the Reward Gold Mine. The drill rig is specifically designed for high-speed drilling in narrow vein mining in cross sections up to 23m2.

Vertex has purchased the TD1 Jumbo so it can be used in development work and undertake production drilling.

This machine comes with a conversion kit, so that it can be rapidly converted from a face drilling machine to a long hole production rig, called a "combi".

The new base model TD1 machine is sitting in Kalgoorlie and will undergo some refitting to meet Vertex's specification. Additional production and development drill rigs are currently under review but will have longer lead times than the TD1.

Vertex Director and Mining Engineer commented.

"The TD1 Boomer is the perfect machine for the size development that we have planned for the Reward Gold Mine. Buying a new Boomer with a split feed is ideal for achieving high rates of development advance while ensuring we can install the highest quality ground support efficiently. We look forward to working closely with Epiroc and their team. Their workshop facilities are conveniently located a short 124km from Hill End in Orange and will help Vertex achieve high levels of availability."

*To view photographs, please visit:
https://abnnewswire.net/lnk/Y1GL6J22



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



Contact:
Roger Jackson
Executive Chairman
roger@vertexminerals.com.au

Tully Richards
Technical Director
tully@vertexminerals.com.au

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Australia’s next high-grade, green gold producer

Vertex Minerals Limited  Appointment of Joint Chief Financial Officers

Vertex Minerals Limited Appointment of Joint Chief Financial Officers

Perth, Australia (ABN Newswire) - Vertex Minerals Limited (ASX:VTX) (OTCMKTS:VTXXF) is pleased to announce the appointment of Vince Fayad and Kurt Laney as Joint Chief Financial Officers (CFO) of the Company.

HIGHLIGHTS:

- Appointment of Vince Fayad and Kurt Laney as Joint Chief Financial Officers

- Both bring extensive experience in the public company sector, with a strong focus on the mining industry

- Focus on processes and controls to support the growth and development of the Company

- Based in Sydney

Vince and Kurt bring a wealth of experience in both the mining and public company sectors. Their combined experience, together with their broader expertise in handling larger trading entities, will be invaluable as the Company progresses towards its next stage of production. Vince and Kurt will work alongside the management team at Hill End, with a particular focus on supporting the evolution of the Company's processes and controls across the accounting, finance and treasury functions as Vertex transitions to production.

Both Kurt and Vince are Chartered Accountants and their experience includes:

- Vince has over 40 years' experience in corporate finance, international M&A, accounting and other advisory related services in Sydney-based mid-tier accounting firms. His experience ranges from provision of corporate, accounting and secretarial services, together with strong commercial acumen particularly, in the planning and execution and of development strategies for projects as well as acquisition skills.

- Kurt is an experienced Chartered Accountant with over ten years of experience specialising in the provision of accounting for publicly listed companies, taxation, and corporate secretarial services.

Vince brings extensive public company experience, including his current role as Executive Director and Joint Company Secretary of Astute Metals NL (ASX:ASE). Kurt also serves as CFO and Joint Company Secretary of ASE. Over the past decade, both Vince and Kurt have held Joint CFO and Company Secretary roles across several other ASX-listed companies.

Executive Chairman Roger Jackson commented, "I am delighted with the appointment of Vince and Kurt. They bring not only a strong degree of financial acumen, but also have extensive public company experience and, being Sydney-based, will integrate well with our project team and operations. These skills will be invaluable as the Company moves forward. I look forward to working with Vince and Kurt".



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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Vertex Identifies Fully Developed Stope Block for Production

Vertex Identifies Fully Developed Stope Block for Production

Vertex Minerals (VTX:AU) has announced Vertex Identifies Fully Developed Stope Block for Production

Download the PDF here.

Vertex Minerals Limited  Identifies Fully Developed Stope Block for Production

Vertex Minerals Limited Identifies Fully Developed Stope Block for Production

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.

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. (Refer to Table 1 in Appendices 1*) (VTX ASX announcement 22/06/23)

- 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.

These stopes will be incorporated into the overall mine schedule, but provide an early source of mill feed.

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, which established these areas into an Inferred Resource Category.

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

Subsequent investigations have concluded that the stopes are fully developed and accessible. The quartz veins are exposed in the existing development and have been sampled. 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/AJ2XRV1J



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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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) process plant achieves 60% throughput rate of name plate capacity during processing campaigns while plant commissioning is ongoing with modifications to suit future Reward underground ore feed .

Vertex's Executive Chairman, Roger Jackson commented: "Its pleasing to see we have now almost fully tuned the plant to cater for a wider range of feed stock material. We are now gaining confidence in the processing and gold grade in the surface stockpiles, the fact they are sitting adjacent to the plant and offer an inexpensive feed source is a real advantage to the plant commissioning process.

"The processing of the surface stockpile material has presented some real challenges with the way the old stockpile material breaks down causing frequent blockages in piping. These blockages have hindered the plant availability and throughput, however, the processing team have worked diligently to overcome a vast number of issues in a short period of time.

"Our technical team and operators have been implementing low-cost components and strategies to minimise the fine material into the process. Whilst this has set us back in time with moving to cash flow it is important to note that our main game is mining the Reward high grade gold mine material.

Delays due to plant tuning today should translate to higher efficiencies earlier in the mine plan "Meanwhile our underground team has been busy preparing the historical workings in anticipation of the arrival of our TD1 jumbo drill rig with dewatering, ground support and re-entry tasks underway.

The TD1 jumbo is a crucial piece of mining equipment that will herald the start of a new and prosperous era of mining at the historical Reward Gold Mine.

"Every day I am excited to see the progress of development of the mine, and I look forward to updating investors as and when new news comes to hand"

Over the last 10 weeks the process plant has been steadily ramping up its through put capacity through the commissioning process.

Modifications to the plant include:

- Reducing the clearance in the jaw crusher.

- Dampeners over the sorting screen.

- Increasing the gold concentrate resident time in the Falcon concentrator.

- Increasing recycling load in the regrind mill.

- Adjusting water flows for different circuits in the plant.

- Reducing throughput density on the sand line.

These modifications have been important in increasing the plant utilisation and increasing throughput towards nameplate capacity and availability.

Further modifications and improvements have been identified in the following areas:

- A pre-screening scalper to reduce fines in the crushing system.

- Pre-screening oversize fines material to the re-grind mill prior to the Falcon concentrator

- Tails line (sand line) valves and performance review

- Tails hopper agitator unit

These improvements are planned for integration into the process plant over the next 6 weeks.

Commissioning of the plant using the existing low-grade surface stockpiles has initially enabled modest first concentrate production, allowing Vertex the opportunity to optimise the gold collection processes. A small sample of gold has been sent for refining and sale to test the process. A larger size gold concentrate batch is building as throughput increases. It will be dispatched for refining and sale when worthwhile volumes are obtained.

The low-grade surface stockpile material has been an important source of inexpensive feed material to commission the plant, providing invaluable processing information and support for the training of the new workforce. Further it has offered a rare opportunity to de-risk and optimise the processing flowsheet prior to commencement of mining high-grade underground ore from the Reward mine.

Long lead underground equipment has been ordered, including a TD1 jumbo drill rig (refer VTX ASX 4 March announcement) which is due to arrive from Kalgoorlie in 6 weeks. The arrival of the TD1 jumbo drill will be a key milestone in the development of the Reward mine, signalling a significant shift towards underground mining, and subsequently, underground ore feed into the process plant. Management continues to source other capital items required to furnish and operate the Reward mine.

Vertex continues to progress the Reward mine towards underground mining. Dewatering has commenced of old headings in preparation for the arrival of recently ordered underground mining equipment. Check scaling and assessment of historical ground support has been completed throughout historical areas of the mine.

Areas of concern have been identified and remediated where appliable. Additional ground support will be installed when the TD1 jumbo drill rig has arrived and has been commissioned on site.

*To view the Mineral Resource Estimate, please visit:
https://abnnewswire.net/lnk/9C06B296



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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Heritage Mining Announces Encouraging Gold Results from New Millennium Drill Program and provides Exploration Update and Strategic Investment

Heritage Mining Announces Encouraging Gold Results from New Millennium Drill Program and provides Exploration Update and Strategic Investment

(TheNewswire)

Heritage Mining Ltd.

NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

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Lumina Gold Closes US$20 Million Convertible Debt Private Placement

Lumina Gold Closes US$20 Million Convertible Debt Private Placement

Lumina Gold Corp. (TSXV: LUM) (OTCQB: LMGDF) (the "Company" or "Lumina") is pleased to announce that, further to its news release dated April 21, 2025 it has closed the private placement (the "Private Placement") issuance of an aggregate principal amount of US$20 million unsecured convertible notes (the "Notes") bearing interest at a rate of 6.0% per annum.

Lumina Gold Logo (CNW Group/Lumina Gold Corp.)

The Notes and any securities issuable upon conversion are subject to a four month hold period expiring on September 7, 2025 in accordance with applicable Canadian securities laws. No securities have or will be issued as bonuses, finder's fees or commissions in connection with the Private Placement.

About Lumina Gold

Lumina Gold Corp. (TSXV: LUM) is a Vancouver, Canada based exploration company focused on the Cangrejos project located in El Oro Province, southwest Ecuador . In 2023, the Company completed a Pre-Feasibility Study for the Project, which is the largest primary gold deposit in Ecuador . Lumina has an experienced management team with a successful track record of advancing and monetizing exploration projects.

Follow us on: Twitter , LinkedIn or Facebook .

Further details are available on the Company's website at https://luminagold.com . To receive future news releases please sign up at https://luminagold.com/contact .

Lumina Gold Corp.

Signed: "Marshall Koval"

Marshall Koval , President & CEO, Director

Neither the 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 news release.

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SOURCE Lumina Gold Corp.

Cision View original content to download multimedia: http://www.newswire.ca/en/releases/archive/May2025/06/c1134.html

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Questcorp Signs Option Agreement to Acquire 100% Interest in La Union Project, Sonora, Mexico and Completes Technical Report for La Union Project

Questcorp Signs Option Agreement to Acquire 100% Interest in La Union Project, Sonora, Mexico and Completes Technical Report for La Union Project

Questcorp Mining Inc. (CSE: QQQ) (OTCQB: QQCMF) (FSE: D910) (the "Company" or "Questcorp") is pleased to announce that further to its news release dated September 6, 2024, it has entered into a definitive option agreement (the "Option Agreement") for the 2,520.2 hectare La Union carbonate replacement project located in Sonora, Mexico (the "Project" or "La Union") with Riverside Resources Inc. ("Riverside") and its wholly-owned subsidiary, RRM Exploracion, S.A.P.I. DE C.V. (the "Vendor") dated May 5, 2025 (the "Transaction"). The Company has also completed and filed on SEDAR+ the La Union Technical Report (the "Report") in support of the Transaction (as defined below).

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WESTERN COPPER AND GOLD CONTINUES BOARD RENEWAL PROCESS

WESTERN COPPER AND GOLD CONTINUES BOARD RENEWAL PROCESS

western copper and gold corporation ("Western" or the "Company") (TSX: WRN) (NYSE American: WRN) is pleased to announce further progress on its board renewal process.

Western Copper and Gold Corporation Logo (CNW Group/Western Copper and Gold Corporation)

In connection with the upcoming Annual General Meeting ("AGM"), Dr. Bill Williams will retire from his last remaining board position, and Tara Christie will not stand for re-election in order to focus on her existing executive priorities. Western is pleased to announce the nomination of Pamela O'Hara for election to the board of directors at the Company's AGM on June 12, 2025 .

Ms. O'Hara brings over 30 years of experience advancing mining and transportation infrastructure projects, as well as a deep level of expertise in the Yukon . She has been heavily involved in permitting large projects including Ekati, Voisey's Bay, Wolverine, Hope Bay , Canadian Pacific Railway, and the Port of Vancouver . A Registered Professional Biologist and Certified Sustainability (ESG) Practitioner, Ms. O'Hara is known for delivering innovative, community-focused projects and successfully navigating regulatory environments. Ms. O'Hara holds a B.Sc. in Biology and Oceanography from the University of British Columbia and an M.Sc. in Environment and Management from Royal Roads University.

"On behalf of the Board, I would like to sincerely thank Bill for his many contributions to Western over the years and wish him all the best in his retirement," said Sandeep Singh , President and CEO. "We also thank Tara for her years of dedicated service and support to Western. Looking ahead, as we advance the Casino Project through environmental assessment and permitting, Pamela's proven ability to navigate regulatory processes and deliver major projects will be a significant asset to the board of directors and the broader team."

ABOUT western copper and gold corporation

western copper and gold corporation is developing the Casino Project, Canada's premier copper-gold mine in the Yukon Territory and one of the most economic greenfield copper-gold mining projects in the world.

The Company is committed to working collaboratively with our First Nations and local communities to progress the Casino Project, using internationally recognized responsible mining technologies and practices.

For more information, visit www.westerncopperandgold.com .

On behalf of the board,

"Sandeep Singh"

Sandeep Singh
President and CEO
western copper and gold corporation

Cautionary Note Regarding Forward-Looking Statements

This news release includes certain "forward-looking information" and "forward-looking statements" (collectively "forward-looking statements") within the meaning of applicable Canadian and United States securities legislation including the United States Private Securities Litigation Reform Act of 1995. These forward-looking statements are made as of the date of this news release. Forward-looking statements are frequently, but not always, identified by words such as "expects", "anticipates", "believes", "plans", "projects", "intends", "estimates", "envisages", "potential", "possible", "strategy", "goals", "opportunities", "objectives", or variations thereof or stating that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved, or the negative of any of these terms and similar expressions.

Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual events to be materially different from those expressed or implied by such statements. Such factors include but are not limited to the risk of unforeseen challenges in advancing the Casino project, potential impacts on operational continuity, changes in general market conditions that could affect the Company's performance; and other risks and uncertainties disclosed in the Company's annual information form and Form 40-F for the most recently completed financial year and its other publicly filed disclosure documents.

Forward-looking statements are based on assumptions management believes to be reasonable, such assumptions and factors as set out herein, and in the Company's annual information form and Form 40-F for the most recently completed financial year and its other publicly filed disclosure document.

Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, other factors may cause results to be materially different from those anticipated, described, estimated, assessed or intended. These forward-looking statements represent the Company's views as of the date of this news release. There can be no assurance that any forward-looking statements will be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company does not intend to and does not assume any obligation to update forward-looking statements other than as required by applicable law.

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SOURCE western copper and gold corporation

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Osisko Metals Intersects 323 Metres Averaging 0.43% Cu at Gaspé Project

Osisko Metals Intersects 323 Metres Averaging 0.43% Cu at Gaspé Project

Osisko Metals Incorporated (the " Company or " Osisko Metals ") ( TSX-V: OM ; OTCQX: OMZNF ; FRANKFURT: 0B51 ) is pleased to announce new drilling results from the 2025 drilling program at the Gaspé Copper Project, located in the Gaspé Peninsula of Eastern Québec. Results for six new holes are reported below, located at the southern end of the deposit defined in the 2024 Mineral Resource Estimate ("MRE", see attached map and November 14, 2024 news release).

OM Gaspé Copper Project (May 5, 2025) Location of Drill Holes

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