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The latest update is out from Vertex Minerals Ltd. ( (AU:VTX) ).
Vertex Minerals Ltd. has announced significant operational milestones at its Reward Gold Mine, highlighting advancements in its underground mining operations. The company successfully connected a remote-control unit to the Aramine underground loader, which has started loading ore from the 1438 north stope. The development of Decline 3 is progressing, and gold grades are increasing as new areas are developed. The ramp-up in gold production is on track, with more development headings becoming available as rehabilitation tasks are completed. This advancement positions Vertex Minerals Ltd. as a leader in utilizing tele remote equipment in underground mining, enhancing safety and efficiency in its operations.
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.
Average Trading Volume: 1,384,524
Technical Sentiment Signal: Hold
Current Market Cap: A$74.49M
See more data about VTX stock on TipRanks’ Stock Analysis page.