October 18, 2023 [Hydrogen Storage]- Vortex Energy Corp. (CSE: VRTX | OTC: VTECF | FRA: AA3) (“Vortex” or the “Company“) is pleased to announce that the Company has received approval from the Mineral Lands Division, Department of Industry, Energy & Technology, Newfoundland and Labrador, of its Application for Exploration Approval for the 23,500 hectare Robinsons River Salt Project (the “Property”).
The permit application was submitted on August 24th, 2023 by RESPEC Consulting Inc. (“RESPEC”) who has been commissioned to conduct the proposed work on behalf of Vortex.
The drilling permit allows for two diamond cored wells to be drilled on the Property (see Figure 1 below). The wells are designed to confirm the depth of the salt structures and attain the geological properties of the salt and non-salt rocks. As an integrated company and an expert in salt cavern development, RESPEC will lead all required responsibilities to complete the planned exploration work, including project management, well design, procurement, active drilling and wireline management, data collection, testing and technical reporting. The Company will also provide core samples to the University of Alberta for hydrogen testing and sampling as part of the recently announced collaborative research partnership between Vortex and the University of Alberta.
Paul Sparkes, Chief Executive Officer, commented: We are excited to move forward with this inaugural diamond core drilling program on the Property. The Company will use the funds that it was awarded under the Junior Exploration Assistance Mineral Incentive Program towards this drilling program.
“We believe the Robinsons River Salt project could become a cornerstone of economic growth in the region and we look forward to continuing to liaise with the local community with respect to the project.”
The Company is committed to working closely with the local community and government agencies in an effort to ensure that the Company’s exploration program on the Property meets all environmental and safety standards.
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