Quarterly Activities and Cash Flow Reports 31 December 2025
| Stock | Vertex Minerals Ltd (VTX.ASX) |
|---|---|
| Release Time | 30 Jan 2026, 3:27 p.m. |
| Price Sensitive | Yes |
Vertex Minerals Quarterly Activities and Cash Flow Reports
- Continued ramp-up of underground gold production at the Reward Gold Mine
- Successful commissioning of tele-remote mining systems
- Strengthened balance sheet through additional debt facilities
Vertex Minerals Limited ('Vertex' or 'the Company') presented its Quarterly Activities Report for the quarter ended 31 December 2025. The December quarter marked a pivotal phase in the Company's transition from initial underground production to a multi-front operating mine at the Reward Gold Mine. Activities during the period focused on expanding stoping activity, commissioning tele-remote mining capabilities, increasing ore grades, and optimising processing plant performance. By quarter end, two underground mining areas were in active stoping or advanced development, with grades trending upward as mining progressed into planned production zones. The Company also strengthened its balance sheet through the execution of additional loan facilities to support the production ramp-up and working capital requirements. Development activities continued to progress, with a greater proportion of underground mining activity directed toward ore extraction and production. The Company achieved several important operational milestones, including the commissioning of tele-remote mining capability and the first firing of planned longhole stopes. Plant performance and underground scheduling also progressed during the quarter as additional mining areas were made operational. Looking ahead, the Company's focus is on building momentum through 2026 by increasing stoping rates, integrating additional ore sources and continuing to de-risk the operation.
Vertex is well positioned to deliver sustained operational progress as it focuses on building momentum through 2026 by increasing stoping rates, integrating additional ore sources and continuing to de-risk the operation.