Vertex Minerals Limited Stock Market Press Releases and Company Profile

REWARD GOLD MINE UNDERGROUND DEVELOPMENT AND PRODUCTION DRILL RIG PURCHASED

Underground Development and Production Drill Rig Purchased
Underground Development and Production Drill Rig Purchased

Perth, Mar 14, 2025 AEST (ABN Newswire) - Vertex Minerals Limited (googlechartASX:VTX) (googlechartVTXXF:OTCMKTS) is pleased to announce the purchase of an Epiroc Boomer TD1 development and production rig to be incorporated into the underground fleet at the Reward Gold Mine. The drill rig is specifically designed for high-speed drilling in narrow vein mining in cross sections up to 23m2.

Vertex has purchased the TD1 Jumbo so it can be used in development work and undertake production drilling.

This machine comes with a conversion kit, so that it can be rapidly converted from a face drilling machine to a long hole production rig, called a "combi".

The new base model TD1 machine is sitting in Kalgoorlie and will undergo some refitting to meet Vertex's specification. Additional production and development drill rigs are currently under review but will have longer lead times than the TD1.

Vertex Director and Mining Engineer commented.

"The TD1 Boomer is the perfect machine for the size development that we have planned for the Reward Gold Mine. Buying a new Boomer with a split feed is ideal for achieving high rates of development advance while ensuring we can install the highest quality ground support efficiently. We look forward to working closely with Epiroc and their team. Their workshop facilities are conveniently located a short 124km from Hill End in Orange and will help Vertex achieve high levels of availability."

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About Vertex Minerals Limited

Vertex Minerals LimitedVertex Minerals Limited (ASX:VTX) is an Australian based gold exploration company developing its advanced Hargraves and Hill End gold projects located in the highly prospective Eastern Lachlan Fold Belt of Central West NSW. Other Company assets include the Pride of Elvire gold project and Taylors Rock gold/nickel/lithium project both located in the Eastern Goldfields of WA. The focus of Vertex Minerals is to advance the commercial production of gold from its NSW projects embracing an ethical and environmentally sustainable approach.

https://www.linkedin.com/company/vertex-minerals-ltd abnnewswire.com 


Contact

Roger Jackson
Executive Chairman

Tully Richards
Technical Director
tully@vertexminerals.com.au



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