Vertex Minerals Ltd. (AU:VTX) has released an update.
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Vertex Minerals Ltd. gears up for a golden future with significant advancements in their mining operations, including the refurbishment of the Gekko Gravity Gold Plant, anticipating gold production to commence between late 2024 and early 2025. The company has secured key mining lease renewals for up to 21 years, and raised additional funds through an entitlements issue and a US$10 million Gold offtake prepayment facility. The upgraded plant promises increased capacity, automation, and cost efficiency which can process existing stockpiles and support underground development.
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