• Gold production ramped up month-on-month, reaching 284 oz in Q1 2026
• Underground mining activities progressed with rehabilitation, expansion of mining fronts, and operational improvements
• Secured A$9 million in new convertible loan funding to support ongoing development and production ramp-up

Vertex Minerals Limited ('Vertex' or 'the Company') is pleased to present its Quarterly Activities Report for the quarter ended 31 March 2026. The March 2026 quarter represented a period of operational advancement, strategic restructuring and corporate development for Vertex. The Company continued to ramp up gold production at the Reward Gold Mine, implementing a series of targeted operational improvements under the leadership of newly appointed Executive Director of Operations, Jim Simpson. In addition, Vertex secured critical funding to support ongoing underground development and production ramp-up at the Reward Gold Mine, while also expanding its exploration footprint through the award of the Dun Dun Exploration Licence. Gold production increased steadily throughout the quarter, with gold produced totalling 284 oz, representing a strong quarterly improvement. Development activities focused on the rehabilitation of all three declines, with Decline 3 reaching a significant milestone by enabling the commencement of flatback stoping. The Company also opened new mining fronts, including the Paxton Reef, and implemented a series of operational and strategic changes to accelerate the transition to commercial production. On the corporate front, Vertex strengthened its balance sheet through the renegotiation of existing debt facilities and the execution of a new A$9 million convertible loan funding package.

The company expects to continue ramping up gold production at the Reward Gold Mine throughout 2026 as it increases stoping rates, integrates additional ore sources, and further de-risks the mine operation.