Vertex Minerals Limited (ASX: VTX) announced the acquisition of a cutting-edge Boart Longyear LM90 underground drill rig. This strategic move aligns with its commitment to drive forward exploration efforts at the highly promising Reward gold mine. It has secured the Boart Longyear LM90 underground drill rig to intensify its exploration activities at the Reward gold mine, specifically beneath the existing resource. The acquisition of the LM90 follows a comprehensive evaluation of the mineralization potential beneath the Reward resource. This area, known as the 'Reward mid-depths,' has been only minimally explored, presenting a significant opportunity for discovery.
Upon commissioning the LM90 drill rig, Vertex is poised to carry out an ambitious plan involving eight drill holes to target the high-grade Fosters Exploration target. This acquisition marks a pivotal moment in its quest to unlock the full potential of the Reward gold mine.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
