Vertex Minerals Ltd. is pleased to announce that it has completed commissioning of the ore sorting module of the Reward Gold Mine ahead of schedule, with final commissioning works on the gravity gold room circuit continuing. Vertex's Executive Chairman, Roger Jackson commented: "The ore sorter is exceeding our expectations and has been integrated into our gravity plant circuit perfectly. Its pleasing to see this plant up [...]
Vertex Minerals Ltd. is pleased to announce the appointment of experienced mining executive Sean Richardson as an Independent Non-Executive Director. Details of Mr Richardson's qualifications and experience are as set out below. Commenting on the appointment, Chairman Roger Jackson said: We are delighted to have Sean joining the Vertex Board at such an exciting time for the Company as we transition into high-grade gold [...]
Vertex Minerals Ltd. is pleased to announce that it has commenced commissioning the recently installed Ore sorter/pre concentrator at the Hill End Gold plant. Vertex's Executive Chairman, Roger Jackson commented: "The ore sorting installation and commissioning is very exciting as this presents incredible commercial and environmental benefits for Vertex. It has been shown that Reward Gold ore is perfectly suited for this [...]
Vertex Minerals Ltd. is pleased to provide a summary of its activities for the quarter ended 31 December 2024. HIGHLIGHTS FOR QUARTER - Completed the construction of the Gravity Gold plant at the Reward Gold Mine, in line with stated development strategy - Key executive addition with the appointment of Chris Hamilton as General Manager, Operations for the Hill End Reward Gold Mine. - Onboarded several key personnel and [...]
Vertex Minerals Ltd. is pleased to announce that its convertible loan financing arrangements announced on 24 December 2024 have been finalised. HIGHLIGHTS: - Convertible Loan Financing arrangements finalised, with additional commitments for loan funding of $1.7M accepted under loan facility arrangements bring total raised to $6.8M - Up to a further $1.0M of working capital funding to be made available by major [...]
Vertex Minerals Ltd. is pleased to announce an update on the Reward Gold mine start up, with commissioning of gold ore material through the 100% owned gravity gold plant at the high-grade Reward Gold Mine commencing. The processing facility rebuild, refurbishment and installation has progressed safely, efficiently and to plan, with the focus now turning from, electrical, mechanical, automation and wet commissioning to [...]
Vertex Minerals Ltd. is pleased to announce an update on the Reward Gold mine start up, with powering the plant up now completed and mechanical commissioning underway. The processing facility rebuild, refurbishment and installation has progressed safely, efficiently and to plan, with the focus now turning to dry and wet commissioning of the respective operating circuits. HIGHLIGHTS - Vertex power up the newly installed [...]
Vertex Minerals Ltd. is pleased to announce a further update on the Reward Gold mine start up. HIGHLIGHTS - All major components are now installed and fitted at the Reward Gold Mine Gravity Plant. - Electrical fit out is well underway. - Piping and water reticulation is ongoing. - Tails lines are being laid to the dry sand stack location. - Plant power up is planned for mid-December. - General Manager and other key [...]
Vertex Minerals Ltd. is pleased to announce an update on the Reward Gold mine start up, with the refurbished Gekko plant arriving this week along with a team of trades people to install and commission the plant. Further the site infrastructure has been redeveloped with a number of improvements to roads and tails line implemented. HIGHLIGHTS - Civils completed. - Gekko have commenced mobilising the Gekko Gravity Gold plant [...]
Vertex Minerals Ltd. has identified major benefits for utilising pre-concentration technology at its Reward high grade gold mine. Ore sorting pre-concentration test work was initiated with leading ore sorting provider TOMRA with outstanding results. 94kg of sample from the low-grade stockpile at Reward Gold Mine was sorted. The following results were reported; - Head grade to Sorter weighted average grade = 3.70 g/t gold [...]
Vertex Minerals is pleased to announce the appointment of Mr Chris Hamilton as the General Manager Operations for the Hill End Reward Gold Mine. Mr Hamilton will commence with Vertex on the 11th of Nov 2024, reporting to the Executive Chairman. The General Manager Operations will be responsible for the operational readiness of the Reward Gold Mine and the transition from development to operations. The role includes [...]
Vertex Minerals is pleased to announce that firm commitments have been received for a placement and convertible loan financing to raise up to $2.1M at $0.16 per share1 before costs. Firm commitments have been received for a strategic placement to an existing investor to raise $1.10M at an issue price of $0.16 per share. Placement proceeds will be further augmented by loan funding of $0.98M, under a convertible facility [...]
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