Refer to VTX ASX Announcement 26th July 2024
Demobilisation of equipment from the Morningstar and Hill End mines has been completed, and refurbishment of this equipment is underway at Gekko’s factory in Ballarat.
The ore sorting technology can separate high-grade gold bearing quartz ore from the barren sedimentary country rock before it enters the processing stream. This significantly reduces the quantity of material that requires further processing to recover gold. Vertex believes that the application of ore sorting technology at Hill End can achieve more than a 50% reduction in the ore processing volume. Benefits include:
Commenting on the results, Executive Chairman, Roger Jackson, said “We are very pleased with how Gekko have been able to integrate the Sorter into the Hill End Gravity plant. Further we are very thrilled to see the plant starting to take shape in the Gekko Ballarat factory. We are very much looking forward to its installation and commissioning later this year”.
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