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Vortex Metals Inc
Symbol VMS
Shares Issued 60,080,057
Close 2023-05-24 C$ 0.145
Market Cap C$ 8,711,608
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Vortex Metals begins surface geological work at Riqueza

2023-05-25 12:19 ET - News Release

Mr. Vikas Ranjan reports

VORTEX METALS COMMENCES SURFACE GEOLOGICAL WORK AT THE RIQUEZA MARINA COPPER PROJECT IN MEXICO

Vortex Metals Inc. has initiated surface geological work at its Riqueza Marina copper project in southern Oaxaca, Mexico. The project comprises three mineral concessions spanning a total area of 12,041 hectares. Geologic activities are intended to provide better geologic context for the historical work and the design of a drilling program.

Building upon a decade of previous work conducted by the late David M. Jones, co-founder of Vortex, and his field crew, which included geochemical sampling and geophysics (as outlined in the Company's NI 43-101 report filed on Sedar), Vortex has identified five highly prospective copper mineralization targets at Riqueza Marina.

Following the recent community approval granted on April 19th, 2023, by the community of Santa Cruz Tagolaba, Vortex Metals is now able to commence a surface geological work, including trenching, over a large area encompassing one of the critical target areas known as the "Rhyolite Dome". This comprehensive investigation aims to enhance the understanding of the gravity and magnetic surveys previously conducted, which revealed a significant geophysical anomaly adjacent to a rhyolitic dome. The Rhyolite Dome has been prioritized as a drilling target due to its substantial size and coincident magnetic and gravity highs along with anomalous copper values (see figure) interpreted to reflect a concealed sulfide deposit.

Vortex Metals remains committed to upholding responsible and sustainable practices, emphasizing environmental stewardship and community engagement.

Vikas Ranjan, Chief Executive Officer of Vortex Metals, expressed his enthusiasm, stating, "The commencement of our surface geologic studies at and around the Rhyolite Dome target marks a pivotal milestone for Vortex, enabling us to gain a more profound understanding of the area in preparation for drilling permits." He added "The approval to conduct surface geological work is a result of continuous engagement with local communities and their leadership. This step will further enhance Company's engagement with local communities as the stated work will result in hiring local resources, further serving the communities."

Qualified Person / Quality Control and Quality Assurance

Robert Johansing, M.Sc. Econ. Geol., P. Geo., is a qualified person ("QP") as defined by NI 43-101 and has reviewed and approved the technical content of this press release.

About Vortex Metals Inc.

Vortex Metals Inc. is the parent company of Mexican subsidiary Empresa Minera Acagold, S.A. de C.V., which is the owner of a 100% interest in two drill-ready high-potential copper volcanogenic massive sulfide (VMS) properties (Riqueza Marina and Zaachila) in the state of Oaxaca, and a third high-potential gold property (El Rescate) in the state of Puebla. The Oaxaca projects incorporate the most highly prospective areas of high-grade copper mineralized surface exposures ('gossans') and prominent gravity anomalies along an emerging copper VMS belt that includes Minaurum Gold's (TSXV:MGG) Santa Marta project.

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