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An announcement from Vertex Minerals Ltd. ( (AU:VTX) ) is now available.
Vertex Minerals Limited has successfully secured the Exploration Licence Application 6978, known as ‘Dun Dun’, which strategically connects its existing licenses at Hill End and Hargraves. This acquisition provides Vertex with access to a significant stretch of gold-bearing geology, enhancing its exploration targets and resource development opportunities. The Dun Dun area, characterized by historic gold workings and gold-bearing quartz veins, aligns well with the company’s current mining operations and is expected to bolster its future gold inventory and production capabilities.
The most recent analyst rating on (AU:VTX) stock is a Hold with a A$0.50 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 Limited operates in the mining industry, focusing on the exploration and production of gold. The company is involved in developing high-grade gold mines and expanding its resource inventory through strategic exploration licenses.
Average Trading Volume: 1,330,279
Technical Sentiment Signal: Buy
Current Market Cap: A$79.48M
For detailed information about VTX stock, go to TipRanks’ Stock Analysis page.