Vertex Minerals Limited: Strong Economic Foundation and Growth Potential in Reward Gold PFS

Vertex Minerals Limited (ASX: VTX) presents promising pre-tax cash of AU$35.7 million at a AU$3,000/oz gold price over 23 months. With an average monthly gold production of 2,169 oz and a high 92% recovery rate, the project's solid foundation relies on mechanized mining methods, primarily long hole open stoping.

The mine aims to process 181kt of material at a 9.3 g/t head grade, yielding 49,890 ounces of gold. Maiden Ore Reserve stands at 130kt containing 40,900 ounces of gold. The operation is bolstered by a combined Mineral Resource Estimate of 419,000 tonnes at 16.72g/t Au, facilitating further exploration drilling from the underground mine. With plans for a processing plant upgrade to 120ktpa throughput, Vertex aims for an efficient and environmentally friendly start-up, avoiding cyanide use, and leveraging existing infrastructure and licenses.

Customer Notice:

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.

Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com