Vertex Minerals Ltd. (AU:VTX) has released an update.
Vertex Minerals Ltd. has reported promising results from ore sorting test work at the Reward Gold Mine, using TOMRA’s laser sorting technology, which has shown a 337.20% increase in gold ore grade and a 79% mass reduction. The process, which separates gold-bearing quartz from waste, enhances efficiency and sustainability by potentially lowering energy and water use, operational costs, and reducing the environmental footprint. The company sees this as a step towards processing high-grade ore more economically and is considering integrating this technology into its refurbished plant operations.
For further insights into AU:VTX stock, check out TipRanks’ Stock Analysis page.