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Vertex Minerals Identifies New Stope Block for Production

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Vertex Minerals Identifies New Stope Block for Production

Confident Investing Starts Here:

An update from Vertex Minerals Ltd. ( (AU:VTX) ) is now available.

Vertex Minerals Limited has announced the identification of a fully developed stope block ready for production start-up. This development is significant as it includes an inferred resource of 2,075 tonnes at 17.8 g/t gold, with a portion of the block containing over 700 tonnes at 42.5 g/t. The stopes are suitable for airleg mining, which will complement existing production methods, and are additional to the pre-feasibility study mine schedule. This advancement positions Vertex to enhance its production capabilities and potentially improve its market standing.

More about Vertex Minerals Ltd.

Vertex Minerals Limited operates in the mining industry, focusing on the exploration and production of mineral resources, particularly gold. The company is listed on the Australian Securities Exchange under the code VTX and is involved in identifying and developing mining opportunities to enhance its resource base and production capabilities.

Average Trading Volume: 514,891

Technical Sentiment Signal: Buy

Current Market Cap: A$46.66M

For detailed information about VTX stock, go to TipRanks’ Stock Analysis page.

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