23:00:06 EDT Thu 16 May 2024
Enter Symbol
or Name
USA
CA



Vortex Energy Corp
Symbol VRTX
Shares Issued 70,899,237
Close 2023-10-27 C$ 0.41
Market Cap C$ 29,068,687
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Vortex Energy sends drill, crew to Robinsons River

2023-10-30 12:50 ET - News Release

Mr. Paul Sparkes reports

VORTEX ENERGY COMMENCES MOBILIZATION FOR FALL EXPLORATION PROGRAM AT THE ROBINSONS RIVER SALT PROJECT

Drill and crew mobilization has begun at Vortex Energy Corp.'s flagship property, the Robinsons River salt project, for its fully permitted exploration program. The company has contracted Major Drilling Group International Inc. to complete the diamond core drilling, as announced on Oct. 20, 2023, and is expected to commence in the first week of November.

Major Drilling has been contracted to drill two core wells at targets identified by the company and its consultant partner, Respec Consulting Inc., through a hydrogen storage capacity assessment previously completed by the company on the project.

Paul Sparkes, chief executive officer, commented: "We are excited to announce that we have initiated the mobilization process for the planned drilling at our flagship property. This marks a significant milestone for our company and we are making swift progress towards drilling our initial targets. The primary objectives of this exploration program include confirming the depth of the salt structures, acquiring core samples for hydrogen testing in collaboration with the University of Alberta, and acquiring geological data pertaining to both salt and non-salt rocks at the project."

About Vortex Energy Corp.

Vortex Energy Corp. 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 Robinson 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 Robinson 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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