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Vertex Minerals Ltd. ( (AU:VTX) ) has issued an announcement.
Vertex Minerals Ltd. has commenced operations at the Reward Gold Mine’s Gravity plant, processing low-grade stockpiled gold ore and preparing for underground mining. The company is on track to deliver high-grade gold ore to the plant by Q3 2025, with significant progress in mine readiness and technical team appointments. Vertex has raised approximately A$11 million to support its development strategy, reflecting investor confidence. The company has implemented several operational improvements and environmental compliance measures, positioning itself for a transition to high-grade gold production.
More about Vertex Minerals Ltd.
Vertex Minerals Ltd. operates in the mining industry, focusing on gold production. The company is involved in the development and operation of the Reward Gold Mine, emphasizing underground mining and processing of gold ore.
Average Trading Volume: 664,523
Technical Sentiment Signal: Hold
Current Market Cap: A$42.92M
For detailed information about VTX stock, go to TipRanks’ Stock Analysis page.