The 297th Sydney Mining Club – Leading Edge Event
at 5.15 pm on 6 March 2025 at The Establishment Rooms II & III

‘The Gold Price Ski Jump Lifts Three New Australian Players into Near-term Gold Production’

Vertex Minerals, Auric Mining and Barton Gold at the Sydney Mining Club

At 5:15pm on the 6th of March at The Establishment, the Sydney Mining Club will host the Executive Chairman of Vertex Minerals, Roger Jackson; Managing Director of Auric Mining, Mark English; and Managing Director of Barton Gold, Alexander Scanlon.

Vertex Minerals (ASX: VTX)
Roger Jackson, Executive Chairman

Vertex Minerals is a near-term gold producer with 10 mining leases across the world-famous Hill End gold deposit in the Lachlan Ford Belt. Best known as the home of the world’s largest specimen of reef gold, the Holtermann Nugget found in 1872, Vertex is taking to this veteran field with a secret weapon – Tomra ore sorters.

The company has a fully permitted processing plant and a Mineral Resource of 485,000 ounces Au, and with its Reward Project grading between 15-17g Au/t, it looks like cash margins will be strong.

Vertex has just commissioned its Tomra ore-sorter and pre-concentrator, and is on the verge of full-scale production. The ore is amenable to gravity separation at coarse grind size and cyanide is not required to liberate gold so energy costs will be unusually low.

Auric Mining (ASX: AWJ)
Mark English, Managing Director

Auric Mining is emerging as a producer in the Eastern Goldfields of Western Australia that is aiming to grubstake its way up from very small to a lofty target of one million ounces. In the strange absence of broker support, even in the face of a scorching gold price, the small start approach is one many juniors are now taking.

In the four years since listing, Auric has listed a modest maiden JORC Resource of 10,000 ounces from 176,000 tonnes but says it will mine more than 400,000 tonnes in 2024/25.

Auric also boasts a nearby historic find, the legendary 35kg Golden Eagle nugget found just a few kilometers from the company’s prime gold asset at Widgiemooltha.

The company is yet to drill out the target million plus ounces but says it is confident it will find this across its four projects via rapid drilling programs, and some acquisitions of new tenements.

Barton Gold (ASX: BDG)
Alexander Scanlon, Managing Director

Barton Gold is an South Australian gold developer targeting future gold production of 150,000oz annually, with ~1.6Moz Au JORC Mineral Resources.

The company has 100% ownership of the only gold mill in the renowned central Gawler Craton. Barton’s Optimised Scoping Study concludes it can use this mill to produce 130koz Au per annum at A$1,917/oz Au AISC. Mining will be by open for a throughput of 4.5Mtpa.

Right now, as mining plans advance Barton drilling a 20 kilometre untested shear along strike of its 1.5Moz Au Resource, regularly turning up more gold, and cobbling together a very credible project through its diligent and systematic efforts.

Not to be missed!