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Vortex Metals Inc
Symbol VMS
Shares Issued 60,080,057
Close 2023-10-03 C$ 0.095
Market Cap C$ 5,707,605
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Vortex Metals begins Riqueza trenching, sampling

2023-10-04 11:55 ET - News Release

Mr. Robert Johansing reports

VORTEX METALS INITIATES TRENCHING, SAMPLING AND MAPPING AT THE RIQUEZA MARINA PROJECT

Vortex Metals Inc. has initiated field studies at the Riqueza Marina project located in southern Oaxaca. Work has focused on the Rhyolite Dome area and has moved westward toward the copper-bearing gossans of the Laminas zone (Figure 2) which may represent a Cu-rich stringer zone in the footwall of a VMS deposit. To date, six manually excavated trenches have been completed totaling 188 meters and 117 rock chip samples, with the sampling results anticipated in October.

Initial mapping has identified broad exposures of iron- and manganese-rich exhalite horizons (Figure 2), silicified rhyolite flows and altered metasediments across which the 6 trenches have been excavated. The Company's near-term hope is to provide better geologic context for the Cu-bearing gossan at Las Laminas (Figure 2) and the pronounced geophysical anomaly identified in the Rhyolite Dome target area and beneath the adjacent corn fields (Figure 4).

Ongoing compilation of the historic rock sampling in the Laminas gossan (Figure 2), in conjunction with the preliminary geologic map, suggest an easterly dip for the mineralized package (mapped as 'sedimentary rocks') and beneath the weakly metamorphosed volcanic units hosting narrow, discontinuous silica exhalite lenses. Further east, altered rhyolite flows of the Rhyolite Dome target area cap the weakly metamorphosed Jurassic rocks. Figure 4 reveals the surface geology surrounding the Rhyolite Dome along with the trenches of Phase 1.

Figure 3 reveals a sectional view of the project area where the Laminas gossan dips shallowly to the east and beneath the exploration area, including the Rhyolite Dome target (Figure 4). The dip of the prospective horizon is uncertain and surface measurements suggest it may be flatter. The resumption of work here will likely include additional mapping and sampling, hyperspectral studies of the altered rocks and geophysics. A more detailed analysis of the geochemical data will be completed once the results are available.

manganese oxides. (CNW Group/Vortex Metals)" alt="Figure 4. Results of the gravity and magnetic surveys over the Rhyolite Dome prospect located in the eastern sector of the Riqueza Marina block. Trenches 1 through 3 were excavated in the altered rhyolite flows while Trenches 4 through are located in the metavolcanics hosting exhalite lenses and strong iron > manganese oxides. (CNW Group/Vortex Metals)">

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 Mines 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-gold 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-gold VMS belt that includes Minaurum Gold's (TSXV:MGG) Santa Marta project.

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