What's Happening?
Vertex Minerals has obtained an exploration licence for the Dun Dun prospect, expanding its access to geology along the Hill End – Hargraves trend in New South Wales. The licence adds value to Vertex's
gold inventory and aligns with its strategy to develop future exploration targets. The Dun Dun prospect features mineralization similar to the Reward Gold Mine, enhancing Vertex's resource development opportunities. The company is focused on underground mining operations at the Reward Gold Mine, aiming for continuous feed to the plant.
Why It's Important?
The acquisition of the Dun Dun exploration licence strengthens Vertex Minerals' position in the gold mining sector. By expanding its geological access, Vertex can enhance its resource development and exploration efforts, potentially increasing its gold inventory. This strategic move supports Vertex's long-term growth objectives and underscores its commitment to advancing mining operations in New South Wales. The focus on underground mining at the Reward Gold Mine further demonstrates Vertex's dedication to optimizing production and resource utilization.
