VERTEX IDENTIFIES NEW HIGH-GRADE TARGETS AT HILL END

Exploration Momentum Builds with South Star Prospect Findings

Vertex Minerals Limited (ASX:VTX) has disclosed promising gold targets near its Hill End Gold Plant, specifically at the South Star group of mines. The company’s LiDAR data has uncovered additional workings in the area, revealing a series of gold-bearing quartz veins that extend for over 800 meters. Historical records from South Star highlight substantial production, with reports of gold grades between 153-184 g/t and even exceptional samples reaching 540 g/t at depths beyond 51 meters.

No drilling has yet occurred at South Star, but Vertex is planning a comprehensive diamond drilling program aimed at expanding the known Reward Resource. The Reward Gold Mine’s pre-feasibility study (PFS) is expected to conclude in December 2023, positioning the mine for a straightforward start-up due to its advantageous infrastructure and location.

Executive Director, Tully Richards, said:

Vertex is pleased to announce further exploration and resource development opportunities as its Reward Resource PFS comes closer to completion. Ground truthing of the company’s LiDAR dataset, around the South Star group of gold mines, has revealed greater latitude for further ‘near mine’ resource growth. An extensive mapping and sampling program is being planned for summer and drill program planning is underway.

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