23:26:57 EDT Thu 16 May 2024
Enter Symbol
or Name
USA
CA



Vortex Energy Corp
Symbol VRTX
Shares Issued 70,899,237
Close 2023-10-20 C$ 0.47
Market Cap C$ 33,322,641
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Vortex Energy selects Major for Robinsons drilling

2023-10-20 09:54 ET - News Release

Mr. Paul Sparkes reports

VORTEX ENERGY SELECTS DRILL CONTRACTOR FOR EXPLORATION PROGRAM AT THE ROBINSONS RIVER SALT PROJECT

Vortex Energy Corp. has selected Major Drilling Group International Inc. as the drilling contractor for the fully permitted drilling program at the company's flagship property, the Robinsons River salt project. Vortex's primary consultant partner, Respec Consulting Inc., selected Major Drilling after a rigorous and competitive analysis and qualification process.

Major Drilling is one of the world's largest drilling services companies primarily serving the mining industry. Major Drilling maintains field operations and offices in Canada, the United States, Mexico, South America, Africa and Australasia. Major Drilling provides a complete suite of drilling services for both surface and underground projects.

Major Drilling will mobilize one diamond core VD-5000 drill rig and an operating crew to the property for the purpose of drilling the two permitted core wells, which is expected to begin in November, 2023. The drilling program is designed to verify the depth of the salt rock formations previously identified at the property and acquire geological data pertaining to both salt and non-salt rocks at the property.

Paul Sparkes, chief executive officer, commented, "We are pleased to have selected Major Drilling, a well-known and respected drilling company, to be our drilling contractor and are excited to commence our drilling program at the property."

About Vortex Energy Corp.

Vortex Energy is an exploration-stage company engaged principally in the acquisition, exploration and development of mineral properties in North America. The company is currently advancing its Robinsons River salt project comprising a total of 942 claims covering 23,500 hectares located approximately 35 linear kilometres south of the town of Stephenville in the province of Newfoundland and Labrador. The Robinsons River salt project is prospective for both salt and hydrogen salt cavern storage. The company is actively evaluating technologies to efficiently store hydrogen or energy in salt caverns. Vortex Energy also holds the Fire Eye project, which is located in the Wollaston domain of Northern Saskatchewan, Canada.

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