• Decline rehabilitation and underground development continued, with Decline 2 fully rehabilitated
• Gold production and sales were lower than previous quarters, consistent with the current mine plan
• New mining equipment commissioned, including a second Aramine tele-remote loader
• Corporate developments included the completion of a $9 million convertible loan facility
• Mill recovery improved to 81% in June 2026

Vertex Minerals Ltd reported on its activities for the quarter ended 30 June 2026, highlighting significant progress in underground development and rehabilitation at the Reward Gold Mine. Key activities included the completion of Decline 2 rehabilitation and advancements in Declines 1 and 3. The company also expanded its mining fleet with the addition of a second Aramine tele-remote loader and ordered a new Muki LHBP narrow vein long hole rig for future use. Gold production was lower than the previous quarter, in line with the current mine plan, as the company focused on development activities ahead of the planned commencement of long hole stoping in October 2026. Mill recovery improved to 81% in June 2026, with 113 oz of gold sold, marking a monthly record for the company. On the corporate front, Vertex completed a $9 million convertible loan facility and launched a Share Purchase Plan to raise $2.50 million.

Vertex Minerals Ltd expects to commence long hole stoping in October 2026.

Vertex Minerals Ltd anticipates increased production and improved mining efficiency following the completion of decline rehabilitation and the commencement of long hole stoping.