Vertex Minerals Ltd. ( (AU:VTX) ) has issued an update.
Vertex Minerals Limited has announced the commencement of gold concentrate tabling, preparing the material for sale as part of the commissioning of their gravity processing plant. The company has faced challenges with the old stockpile material causing blockages, but these are being addressed by minimizing fine material in the process. The stockpile material has shown an average grade of 2.40g/t, consistent with previous tests. Vertex is optimistic about the high-grade Reward gold mine material, which is expected to present fewer processing issues, potentially enhancing their operational efficiency and market position.
More about Vertex Minerals Ltd.
Vertex Minerals Limited is a company operating in the mining industry, focusing on the extraction and processing of gold. The company is involved in the production of gold concentrate and doré bars through its gravity processing plant, with a market focus on gold mining and sales.
YTD Price Performance: 33.33%
Average Trading Volume: 682,107
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$52.68M
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