VTX - Vertex Minerals

[finicky]

Ominous ..
HEG gave us a hat

 

[Boggo]

Travelling nicely today

 

[houtman]

As @Boggo mentioned above, underground production has commenced.

Still a few too many "forthcoming weeks" and 'firmly on tracks" for my liking however it is the first positive announcement we've had for a while.

I had planned to have more capital out by now but here we are.

The longer we go without a photo of gold production the more concerning the progress.

Still no hat.

 

[Dona Ferentes]

.

The longer we go without a photo of gold production the more concerning the progress.

ORE PRODUCTION UPDATE - FROM REWARD UNDERGROUND GOLD MINE​

25 Aug: Moving to high grade gold production
Operational Milestones
✓ Vertex is today pleased to announce first freshly blasted ore sourced from the first two stoping blocks at the Reward Underground Mine.
✓ Ore is from development stripping (making ore drives larger for machine access) in preparation for mechanised stoping operations.
✓ Reward ore will be processed via the Gravity Only gold processing plant located at the entry to the mine.
✓ The material will start replacing feed from the low-grade surface ore stockpile, with the aim of achieving 100% feed from higher grade underground ore sources over the next few weeks.
✓ The underground electrical transformer is energised and 1,000 Volt power reticulated underground.
✓ Primary Ventilation Fan was commissioned on Thursday 21 August, giving excitement to the Vertex Mining Team. Powered ventilation in the mine means mining can start in earnest.
✓ 1550 Decline is dewatered, with first ore blasted.
✓ Vertex aims to have developed multiple mining fronts, with over around 400m of strike, to achieve continuous feed to the plant

 

[houtman]

Still a few too many "forthcoming weeks" and 'firmly on tracks" for my liking however it is the first positive announcement we've had for a while. No change here.

I had planned to have more capital out by now but here we are. Got enough out now, it's not like there's a shortage of other options.

The longer we go without a photo of gold production the more concerning the progress. No change here either.

Still no hat. Same.

Still nothing on the production side from VTX.

All good if you know someone on site, not so good otherwise.

Been a good run lately though.

 

[Boggo]

Still nothing on the production side from VTX.

All good if you know someone on site, not so good otherwise.

Been a good run lately though.

Patience grasshopper

 

[Boggo]

Gold veins looks good !