Vertex Minerals Ltd. · ASX:VTX
Vertex Minerals — Investor Presentation (August 2024)
20 slides from Vertex Minerals's investor presentation, Aug 27, 2024
Slide 1: Reward Gold Mine: Next High-Grade Gold Producer
For personal use only VERTEX MINERALS LIMITED REWARD GOLD MINE Next High-Grade gold producer August 27, 2024, | ASX: VTX 1
Slide 2: Disclosure and forward looking statements
Disclosure and forward looking statements Disclaimer This presentation contains forward-looking statements which are identified by words such as ‘anticipates’, ‘forecasts’, ‘may’, ‘will’, ‘could’, ‘believes’, ‘estimates’, ‘targets’, ‘expects’, ‘plan’ or ‘intends’ and other similar words that involve
Slide 3: Competent Persons Statement
Disclosure and forward looking statement's Competent Persons Statement The information in this report that relates to Mineral Resources is based on information compiled by Mr. Roger Jackson, a Director and Shareholder For personal use only of the Company, who is a 25+ year Fellow of the Australasian
Slide 4: Flagship Project - Reward High Grade Gold Mine, Hill End
VERTEX Flagship Project for Vertex - Reward High Grade Gold Mine, Hill End For personal use only Located Just North of Bathurst – 40km from Cadia High Grade Gold Resource and Reserve 1.8m ozs historic mining Reward sits just under the Hawkins Hill Mine Moving to Production in early 2025 95% recovery
Slide 5: Vertex Strategy
VERTEX STRATEGY STRATEGIC FOCUS Clear Strategy set for Hill End For personal use only 1. To re install a refurbished circa 110ktpa Gekko Gravity Gold plant in 2024 2. To commence gold production from existing stockpiles in early 2025 3. Commence mining development in the high-grade Reward Mine in la
Slide 6: Steps to Production
STEPS TO PRODUCTION 1. Acquire Morningstar Gekko gravity gold plant (Complete) 2. Equity raise x 2 (Complete) For personal use only 3. Plant refurbishment and installation (In progress) 4. Commence underground development (In progress) 5. Debt funding (In progress) 6. Stockpile processing 7. Develop
Slide 7: Recently acquired Morningstar Gekko Gravity Gold Plant
Recently acquired Morningstar Gecko Gravity Gold Plant Acquired Gold plant to be refurbished and reinstated at Hill End as a 110ktpa Gravity Gold plant to process the high-grade Reward Ore. For personal use only 7
Slide 8: Gekko Plant to be instated at Hill End with an ore sorter
Gekko Plant to be instated at Hill End with an ore sorter For personal use only The New plant will be located at the old plant site (above). Utilising the existing • Gold Room • Water systems • Power generation • Offices • Change Rooms New Plant flowsheet • Workshop • Storeroom • Crib Room • Jaw Cru
Slide 9: Benefits of New Plant with Sorter
BENEFITS OF NEW PLANT WITH SORTER • New plant will be able to treat up 110ktpa – existing plant 30ktpa • Fully Automated • Only requires 2 operators- thus much lower operating costs For personal use only • Full monitoring, including density, flows, mass and sampling • Rigid gold security • Can be mo
Slide 10: Hill End Gold Production Financials from PFS
HILL-END GOLD PRODUCTION FINANCIALS from PFS does not include stockpile processing Note: based on Indicated Resource only – This is a JORC rule. (The model uses 50kozs of the 225kozs at 16.7 g/t) First 6 months day shift only at a reduced input. For personal use only Key Parameters (Refer ASX Announ
Slide 11: Processing Will Commence with Stockpiles
For personal use only PROCESSING WILL COMMENCE WITH STOCKPILES · There is an estimated 50kt of stockpile alongside the Hill End Gravity Gold Plant · When the new plant is commissioned, Vertex will process these stockpiles while the development is undertaken at the Reward underground. 12
Slide 12: Reward Underground Gold Mine
REWARD UNDERGROUND GOLD MINE • The Reward gold mine is well-placed for a simple start-up: The existing gravity processing plant is located adjacent to the underground mine access point/Adit – new plant to be located on this footprint Mine access point extends into the resource, so little development
Slide 13: 2009-2010 Underground Development
2009-2010 Underground Development with declines developed to first production for Vertex Circa $25m spent on development For personal use only Legend 2008 and Prior Development 2009 Development 2009 Development Rises 2009 & 2010 Development 2009 & 2010 Development Rises 14
Slide 14: Vertex is planning to acquire its own underground diamond rig
Vertex is planning to acquire its own underground diamond rig • The diamond rig will be For personal use only utilised to target the ultra high-grade vein system that runs down plunge of Reward to bring the Reward Resource into Indicated- 225 kozs @16.7 grams* The Fosters Exploration Target Vertex p
Slide 15: Robust and Primed to Grow Gold Inventory
ROBUST AND PRIMED TO GROW GOLD INVENTORY For personal use only Reward Gold Mine: 2.0g/t reporting cutoff grade Hargraves: 0.8 g/t reporting cutoff grade (ASX Announcement 29 May 2020). Red Hill: 0.5 g/t per block, ordinary kriging grade interpolation, classified mineral Resources Limited to 160mRL b
Slide 16: Scratching the Surface
Scratching the surface Large Tenement Holding and Multiple Targets For personal use only • 34km of prospective strike that was the source of the largest Gold specimen ever to be found globally - discovered at Hill End • Most lodes only mined to the water table (60 feet) • Modern exploration has not
Slide 17: High grade historical mineralisation at Hill End Mine
High grade historical mineralisation at Hill End Mine Historic Hill End Underground Workings For personal use only Hill End historical workings, outline of stopped areas (black) and face sample locations (purple) 18
Slide 18: Environmental and Sustainable Mining Objectives
Environmental and Sustainable Mining Objectives Environmentally Responsible and Sustainable Gold Miner • Gravity Recoverable Gold For personal use only • Low Capex and Low Operating cost • Minimal grind 200 to 650 micron • Benign tails – potential commercial sand • Benign waste • Low water usage • R
Slide 19: Vertex Summary
VERTEX SUMMARY • 100% ownership of Hill End gold production and exploration assets in HILL END NSW with historical gold For personal use only production more than 1.8 million oz gold from within our tenements • Only 40 odd kms from Australia's largest gold mine - Cadia • Planned high-grade gold prod
Slide 20: Contact Us
CONTACT US For personal use only ACN - 650 116 153 roger@vertexminerals.com.au Bowen Street Hill End +61 8 6383 7828 www.vertexminerals.com.au ACN – 650 116 153 admin@vertexminerals.com.au 21
Vertex Minerals — Investor Presentation (August 2024) on 6ix