Vertex Minerals Ltd. · ASX:VTX
Vertex Minerals — Gold Coast Gold Conference 2025
25 slides from Vertex Minerals's conference presentation, Apr 15, 2025
Slide 1: Vertex Minerals - Reward Gold Mine
Noosa Mining November 2024 Mining Conference VERTEX MINERALS LIMITED For personal use only REWARD GOLD MINE The High-grade gold producer and developer Roger Jackson Executive Chairman GOLD COAST GOLD CONFERENCE APRIL 15th, 2025, | ASX: VTX 1
Slide 2: Disclaimer
Disclaimer For personal use only The information contained in this presentation has been provided by Vertex Minerals Ltd (Company) and other sources identified herein. The information contained in this presentation is for informational purposes only and is not a recommendation as to whether to inves
Slide 3: Corporate Structure Snapshot
CORPORATE STRUCTUREe Snapshot Share Price VTX For personal use only ASX Code 191m Shares on Issue ~$0.22 Share Price 106M Options on Issue ca. $42M Market Capitalisation undiluted $1M Cash as of 31 December 2024 3
Slide 4: Directors and Management
DIRECTORS AND MANAGEMENTe Snapshot Roger Jackson - Executive Chairman 30+ years as a mine operator, services Management contractor and explorer. He is a geologist with strong knowledge of gold exploration and For personal use only mining General Manager Operations – Chris Hamilton Tully Richards - E
Slide 5: Flagship Project - Reward High Grade Gold Mine, Hill End
Flagship Project for Vertex - Reward High Grade Gold Mine, Hill End ✔ Commenced Gold processing in new Gekko Gold plant For personal use only ✔ 100% owned Mining operation ✔ No hedge ✔ High Grade Gold Resource and Reserve 225 ozs at 16.7g/t + more ✔ Inherited AUD $25m of Underground development at R
Slide 6: Unique Hill End Reward Gold Mine
UNIQUE HILL END REWARD GOLD MINE HIGH GRADE GOLD – HAWKINS HILL 435kozs at 309 g/t Reward Resource 225kozs at 16.7 g/t For personal use only GOLD RECOVERS UP TO 95% - BY GRAVITY ONLY NO ASSOCIATED SULPHIDE METALS TO SPEAK OF 23 FINE GOLD NO GOLD IN COUNTRY ROCK TEXT BOOK ORE SORTS RECOVERS G
Slide 7: New South Wales Projects Regional Location Map
Vertex minerals Sk rinciats Peak Hill 108 Koz Au * Hargraves Project je) ® Yn =) © Cc je) 72) pa fc) jos . je) LL New South Wales Projects Regional Location Map Legend Town © Gold occurrence Major roads Geology xsi Molong Volcanic Bett (BB tenements ME Junee-Narromine Volcanic Belt
Slide 8: Vertex Strategy
VERTEX STRATEGY CLEAR STRATEGY SET FOR HILL END For personal use only 1. To re install a refurbished a Gekko Gravity Gold plant in late 2024 2. To commence gold production from existing stockpiles in early 2025 3. Commence mining development in the high-grade Reward Mine in early 2025 4. To commence
Slide 9: Gekko Plant installed at Hill End with ore sorter
Gekko Plant is instated at Hill End with an ore sorter –small footprint Plant flowsheet For personal use only The New plant is located at the old plant site Utilising the existing • Gold Room • Water systems • Power generation • Offices • Change Rooms • Workshop • Storeroom • Crib Room • Jaw Crusher
Slide 10: Plant and Ore Sorter Up and Running
PLANT AND ORE SORTER UP AND RUNNING For personal use only 10
Slide 11: Textbook Ore Sorting
TEXTBOOK ORE SORTING Reward gold mine ore sorts perfectly, with 79% mass reduction & 337.20% increase in grade in the 8mm to 50mm range. For personal use only Refer to VTX ASX announcement 11 of September 2024 To underground Mine Stope fill 11
Slide 12: Reward Ore Being Sorted
For personal use only REWARD ORE BEING SORTED 12
Slide 13: Benefits of New Gravity Plant with Sorter
BENEFITS OF NEW GRAVITY PLANT WITH SORTER • New plant will be able to treat up 110ktpa • Fully Automated – Can be run off App on phone For personal use only • No Cyanide No chemicals • Only requires 2 operators- thus much lower operating costs • Full monitoring, including density, flows, mass and sa
Slide 14: Processing Has Commenced with Stockpiles
For personal use only PROCESSING HAS COMMENCED WITH STOCKPILES ∙ Vertex is processing these stockpiles now while the development is undertaken at the Reward underground. Stockpile results referred to in ASX Announcement 27 April 2023 Note the Tons and Grades are not a resource, they are estimates on
Slide 15: 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 For personal use only on this footprint ✔ Mine access point extends into the resourc
Slide 16: Reward Underground Gold Mine
REWARD UNDERGROUND GOLD MINE The Reward gold mine is well-placed for a simple start-up: ✔ Gold Ore Ready to Mine For personal use only 16
Slide 17: 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 17
Slide 18: Mining Sequence
For personal use only MINING SEQUENCE 18
Slide 19: Hill End Gold Production Financials from PFS
HILL 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 Project Life Gold Production Gross R
Slide 20: We purchased our own underground diamond rig
We purchased our own underground diamond rig The diamond rig will be utilised to target ✔ the ultra high grade vein system that For personal use only runs down plunge of Reward ✔ to bring the Reward Resource into Indicated- 225 kozs @16.7 grams ✔ The exploration target • Vertex plan to run the mine
Slide 21: 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) • Lidar survey completed6.6%
Slide 22: Environmental and Sustainable Mining Objectives
Environmental and Sustainable Mining Objectives Environmentally Responsible and Sustainable Gold Miner For personal use only • Gravity Recoverable Gold • Low Capex and Low Operating cost • Minimal grind 200 to 650 micron • Benign tails – potential commercial sand • Benign waste • Low water usage • R
Slide 23: Vertex Summary
VERTEX SUMMARY • Australia's next high grade gold producer For personal use only • 100% ownership of Hill End gold production and exploration assets in HILL END NSW with historical gold production more than 1.8 million oz gold from within our tenements • Only 40 odd kms from Australia's largest gold
Slide 24: 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 23
Slide 25: Robust and Primed to Grow Gold Inventory
ROBUST AND PRIMED TO GROW GOLD INVENTORY For personal use only Where statements in this announcement refer to exploration results which previously been reported, the Company confirms that it is not aware of any new information or data that materially affects the information included in the original