Next Phase of Geophysical Work Advances Priority Targets Following August Technical Study
VANCOUVER, British Columbia, Sept. 03, 2026 (GLOBE NEWSWIRE) -- Vortex Energy Corp. (CSE: VRTX) (OTC: VTECF) (FSE: AA3) (“Vortex& or the “Company&) is pleased to announce plans to undertake a targeted ground gravity survey at its 100%-owned Robinsons River Salt Project (the “Project&), located approximately 35 kilometres south of Stephenville, Newfoundland and Labrador. The survey has been selected as the Company&s next geophysical program at the Project.
The program builds upon the technical study results announced by the Company on August 6, 2026. That study integrated the available geological, drilling, seismic and gravity information and identified differences and remaining uncertainty among the existing interpretations. The planned survey is intended to address gaps in the existing gravity dataset and provide additional spatial control in selected priority areas. The new data will be integrated with the Project&s existing drilling, legacy seismic, airborne gravity, Ambient Noise Tomography and geological information to further refine the subsurface model and support the ranking of potential future drill targets. Gravity is non-unique exploration method that directly measures the target ore&s gravity field and cannot independently confirm the presence, composition, thickness or continuity of salt.
“We are pleased to move forward with a ground gravity survey at Robinsons River,& said Paul Sparkes, Chief Executive Officer of Vortex. “This work will build on the recent technical study and provide additional information as we continue to evaluate and advance the Project&s priority exploration targets.&
The Company is finalizing the survey area, station spacing, budget, schedule and permitting requirements and will provide further details once the program design has been completed.
Qualified Person
The scientific and technical information contained in this news release has been reviewed and approved by Jared Suchan, Ph.D., P.Geo., Vice President of Exploration of the Company and a “Qualified Person& as defined by National Instrument 43-101.
For additional information concerning the Project and the Company&s data-verification and quality-assurance procedures, readers are referred to the Company&s technical report entitled Independent Technical Report on the Robinsons River Salt Property, dated July 31, 2023, available under the Company&s profile on SEDAR+.
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 comprised of a total of 942 claims covering 23,500 hectares located approximately 35 kilometres south of the town of Stephenville in the Province of Newfoundland & Labrador. The Robinson River Salt Project is prospective for both salt and hydrogen salt cavern storage. The Company is also currently advancing its Fire Eye Uranium Property in the Athabasca Basin, a region renowned for its uranium deposits.
On Behalf of the Board of Directors
Paul Sparkes
Chief Executive Officer, Director
+1 (778) 819-0164
Cautionary Note Regarding Forward-Looking Statements
Certain statements contained in this press release constitute forward-looking information. These statements relate to future events or future performance. The use of any of the words “could&, “intend&, “expect&, “believe&, “will&, “projected&, “estimated& and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Company&s current beliefs or assumptions as to the outcome and timing of such future events. In particular, this press release contains forward-looking information relating to, among other things, the Company&s exploration plans at the Project.
Various assumptions or factors are typically applied in drawing conclusions or making the forecasts or projections set out in forward-looking information, including, in respect of the forward-looking information included in this press release, assumptions regarding the Company&s ability to execute on its exploration plans, including that it will be successful in carrying out the planned drilling and that such drilling will yield the expected information and the desired outcomes.
Although forward-looking information is based on the reasonable assumptions of the Company&s management, there can be no assurance that any forward-looking information will prove to be accurate. Forward-looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such factors include, among other things, the risk that exploration at the Project does not proceed in the manner and on the timeline currently contemplated, or at all; risks inherent in the exploration and development of mineral deposits, including risks relating to receiving requisite permits and approvals, changes in project parameters or delays as plans continue to be redefined, that mineral exploration is inherently uncertain and that the results of mineral exploration may not be indicative of the actual geology or mineralization of a project; and that mineral exploration may be unsuccessful or fail to achieve the results anticipated by the Company, including as a result of factors beyond the Company&s control, such as geological conditions. The forward-looking information contained in this release is made as of the date hereof, and the Company not obligated to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. Because of the risks, uncertainties and assumptions contained herein, investors should not place undue reliance on forward-looking information. The foregoing statements expressly qualify any forward-looking information contained herein.
The Canadian Securities Exchange has not reviewed, approved, or disapproved the contents of this press release.
