Vertex Accelerates Gold Production with Gekko Plant Acquisition

Vertex Minerals Limited (ASX: VTX) has strategically acquired a Gekko gravity gold plant from the Morningstar Gold Mine in Victoria. The modular design allows easy transportation, reducing the Hill End Gold Project's capital expenditure by approximately AU$4 million. The Gekko plant's higher throughput capacity expedites gold production, potentially advancing it by up to 5 months.

Cost-effective benefits include a PLC-operated system, requiring only 2 operators, and substantial savings compared to a new build. The plant's Australian-made modular design aligns with Vertex's goal of scalability and environmental responsibility. With the acquisition poised to enhance project economics, Vertex aims to process stockpiles early, establishing cash flows while developing high-grade stops in the Reward Mine.

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