Vancouver, British Columbia--(Newsfile Corp. - June 24, 2025) - Vortex Metals Inc. (TSXV: VMS) (FSE: DM8) (OTCQB: VMSSF) ("Vortex" or the" Company ") is pleased to announce that it has engaged "Pontones & Ledesma" based in Mexico City, Mexico to lead company's efforts in preparing environmental impact study (EIA) at its projects in Zaachila and Riqueza Marina.
Pontones and Ledesma (www.pontonesyledesma.com) is Mexico's one of the most successful environmental consulting and environmental law firms. They have considerable expertise in State and Federal regulatory frameworks and boast a strong track record of success in permitting exploration and mining projects. The firm brings specialized knowledge in environmental impact assessments, stakeholder engagement, and regulatory compliance and is experienced in guiding mining projects through Mexico's permitting process.
Vikas Ranjan, President and CEO, commented: We are pleased to engage Pontones and Ledesma to complete the EIA and to assist us in securing permits on our Mexican projects. This engagement is a vital step toward formalizing the permitting pathway for Riqueza Marina & Zaachila Projects. We believe that Vortex's VMS projects in Mexico are highly prospective. Many years of detailed exploration through geophysics, geologic mapping and geochemical sampling were done to develop multiple VMS drill targets on both projects. We look forward to expediting the work to secure drill permits 1st at Zaachila and then at Riqueza Marina project, added Mr. Ranjan.
The firm will focus first on preparing a complete Environmental Impact Study (EIA) for the Zaachila Project in Oaxaca state, Mexico. The Santiago Astata Agrarian Community in Oaxaca, Mexico, approved expanded environmental and geological baseline studies and has formally provided community approval, a critical requirement for applying for drill permits, on their lands.
The Zaachila concession consists of 3,264 Hectares and is about 40 kilometers (km) southwest of Salina Cruz, 3rd largest city in Oaxaca and 30 km southwest of Vortex's Riqueza Marina project. Zaachila, a Volcanogenic Massive Sulfide (VMS) project, is highly prospective, drill ready, and has a roughly >5km copper-in-rock anomaly hosted by a package of sub-marine volcanic breccia and debris deposits intercalated with 'exhalite' beds or lenses. More details on the project and its exploration targets can be found in the press release on Company's website https://vortexmetals.ca/vortex-metals-provides-highlights-of-zaachila-project-exploration-targets/.
Vortex Metals believes that engaging the firm's will provide the much-needed technical expertise to prepare and file a strong application for permitting that demonstrates both environmental sustainability and community expectations.
The Company also announced that Fairfax Partners Inc. has been engaged for a three-month term to provide investor outreach and strategic communications services. Fairfax Partners will provide Fairfax+ marketing program, that includes a range of services, including digital investors' outreach campaigns, targeted social media strategies and strategic influencers' partnerships, to enhance the Company's visibility and engagement with stakeholders.
The Company will initially provide up to C$25,000 plus applicable GST (5%) marketing budget to Fairfax for Compensation for this engagement, which may be allocated at the Company's discretion toward digital advertising, investor targeting, content development, and other communications initiatives managed by Fairfax.
Fairfax Partners Inc. is an arm's length party to the Company, and does not own any securities of the company, directly or indirectly. For further information, please contact Fairfax Partners Inc. at connect@fairfaxpartners.ca or visit us at #306 - 1238 Seymour Street, Vancouver, BC V6B 6J3.
About Vortex Metals Inc.
Vortex Metals Inc. is a copper focused exploration and development company with a diversified portfolio of exploration projects in Chile and Mexico. Vortex holds an option to acquire up to 80% interest in the brownfield Illapel Copper Project in Chile and through its Mexican subsidiary Empresa Minera Acagold, S.A. de C.V., it owns 100% interest in two drill-ready high-potential copper-gold volcanogenic massive sulfide (VMS) properties, Riqueza Marina and Zaachila, in Oaxaca, Mexico. The Company emphasizes responsible exploration, community engagement, and environmental stewardship to meet the rising global demand for copper.
Contact Information:
Vikas Ranjan, President and CEO
vranjan@vortexmetals.ca
416-605-7024
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
Forward-Looking Statements
This release includes statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking statements relate to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as "intends" or "anticipates", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "should", "would" or "occur". This information and these statements, referred to herein as "forward-looking statements", are not historical facts, are made as of the date of this news release and include without limitation, statements regarding discussions of future plans, estimates and forecasts and statements as to management's expectations and intentions with respect to, among other things: the completion of a second tranche of the private placement and the intended use of proceeds raised under the First Tranche.
These forward-looking statements involve numerous risks and uncertainties, and actual results might differ materially from results suggested in any forward-looking statements. These risks and uncertainties include, among other things: delays in obtaining or failure to obtain the required regulatory approvals for the First Tranche and a second tranche; market uncertainty; the inability of the Company to complete the second tranche on the terms disclosed, or at all; and changes in the Company's business plans impacting the intended use of proceeds raised under the First Tranche.
In making the forward-looking statements in this news release, the Company has applied several material assumptions, including without limitation, that: the Company will obtain the required regulatory approvals for the First Tranche and anticipated second tranche, and the Company will use the proceeds of the First Tranche as currently anticipated. Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial outlook that are incorporated by reference herein, except in accordance with applicable securities laws.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/256566
SOURCE: Vortex Metals Inc.
