Vertex Minerals Adds Veteran Mining Executive Jim Simpson to Board as Director Retires

Vertex Minerals Ltd. ( (AU:VTX) ) has issued an announcement.

Vertex Minerals Ltd has appointed veteran mining executive Jim Simpson as a Non-Executive Director, replacing long-serving director Declan Franzmann, who is retiring after four years with the company. Simpson brings more than 35 years of Australian and international mining experience across gold, copper, lead and zinc, with a strong track record in high-grade narrow-vein mining, feasibility studies, operational turnarounds and corporate growth at operations such as Stawell Gold Mines, Hera and Peak Gold Mines, Silver Swan Nickel and Gossan Hill. The board expects his local knowledge of the New South Wales mining environment and specialist underground gold expertise to bolster the company’s operational capabilities at the Reward Gold Mine and support its ambitions as a growing high-grade producer, while Franzmann’s departure marks the transition from project start-up to production phase following his key role in getting the mine into operation.

The most recent analyst rating on (AU:VTX) stock is a Hold with a A$0.25 price target. To see the full list of analyst forecasts on Vertex Minerals Ltd. stock, see the AU:VTX Stock Forecast page.

More about Vertex Minerals Ltd.

Vertex Minerals Ltd is an emerging high-grade gold producer focused on the Reward Gold Mine and Hill End region in New South Wales, Australia. The company operates in the mining sector, with an emphasis on narrow-vein underground gold mining and the development of high-grade gold assets in NSW’s established mining districts.

Average Trading Volume: 1,286,794

Technical Sentiment Signal: Hold

Current Market Cap: A$68.76M

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