Vortex Energy Progresses Robinsons River Salt Project with Lonquist Technical Study Review

Lonquist Conducts In-Depth Technical Review at Robinsons River Project

On July 16, 2026, Vortex Energy announced that Lonquist Field Service (Canada), ULC is progressing with its technical review and data integration at the Robinsons River Salt Project. This study systematically compiles and assesses all subsurface data collected to date, aiming to deepen the company’s understanding of the geological framework and underground storage potential.

The technical assessment covers geological, geophysical, and drilling datasets gathered on the property. This comprehensive method allows Vortex to refine its subsurface model and better characterize the salt structures beneath the surface. The company expects these findings to provide a stronger technical basis for future exploration and development decisions.

Projected Timeline and Study Objectives

Vortex Energy anticipates receiving Lonquist’s technical study results by the end of July 2026. The findings will inform key future activities, including evaluating salt structure prospects, prioritizing development tasks, and determining next steps to advance the Robinsons River project.

Paul Sparkes, CEO of Vortex Energy, emphasized the importance of this initiative: "This ongoing work is a crucial step in establishing a comprehensive technical foundation for Robinsons River. Lonquist’s review will enable us to better interpret existing data, refine our subsurface model, and guide the next phase of project development. We look forward to utilizing the study’s results to shape our strategic direction."

Robinsons River Property Details and Potential

The Robinsons River Salt Project comprises 942 claims covering 23,500 hectares, located about 35 kilometres south of Stephenville, Newfoundland and Labrador. The site is prospective for salt production and hydrogen salt cavern storage, aligning with Vortex’s strategic focus on energy storage and mineral resource sectors.

Situated in Newfoundland and Labrador, the property benefits from geological conditions favorable for salt deposits and subsurface storage. The extensive claim package reflects Vortex’s substantial land holdings and commitment to developing this key asset.

Vortex Energy’s Exploration Portfolio and Operations

Vortex Energy Corp. is an exploration-stage company focused on acquiring, exploring, and developing mineral properties across North America. Its primary project is the Robinsons River Salt Project in Newfoundland and Labrador, supplemented by other exploration interests throughout Canada.

Besides Robinsons River, Vortex is advancing its Fire Eye Uranium Property in the Athabasca Basin, a region renowned for uranium deposits. This highlights the company’s diversified exploration strategy across multiple commodities and locations.

Qualified Person Review and Technical Oversight

The scientific and technical information in this release has been reviewed and approved by Jared Suchan, Ph.D., P.Geo., VP Exploration at Vortex Energy, who qualifies as a "Qualified Person" under National Instrument 43-101 standards.

Investors seeking more technical details on Robinsons River can refer to the Independent Technical Report dated July 31, 2023, available on www.sedarplus.ca. The company also emphasized its quality assurance and quality control (QA/QC) and data verification protocols related to the disclosed technical data.

Strategic Importance of Subsurface Data Integration and Modeling

The Lonquist study aims to consolidate existing data into a refined understanding of the Robinsons River property’s subsurface. Accurate subsurface modeling is vital for prioritizing drilling, assessing risks, and planning realistic development scenarios for production or storage facilities.

By integrating geological, geophysical, and drilling data, Vortex seeks to reduce technical uncertainties and strengthen confidence in the property’s potential. This foundational work typically precedes capital-intensive development phases and supports informed resource allocation and project scheduling.

Forward-Looking Statements and Associated Risks

The announcement contains cautionary statements regarding forward-looking information, noting that such statements are based on current assumptions and involve risks and uncertainties. These include risks related to exploration and development, regulatory approvals, and the unpredictable nature of mineral exploration outcomes.

While management’s assumptions are reasonable, there is no guarantee that forward-looking statements will prove accurate. Risks include the possibility that exploration may not proceed as planned, results may not reflect actual geology or mineralization, and exploration efforts may fail to meet expectations. External factors such as geological conditions and regulatory issues may also impact outcomes.

Stock Exchange Listings and Regulatory Disclaimers

Vortex Energy Corp. trades on the Canadian Securities Exchange under ticker VRTX, on OTC Markets as VTECF, and on the Frankfurt Stock Exchange (FSE) under ticker AA3, providing investors with multiple trading platforms.

The Canadian Securities Exchange has not reviewed or approved the content of this press release. This disclaimer is standard and does not imply any endorsement or disapproval by the exchange regarding Vortex’s projects or operations.

Upcoming Updates and Investor Communications

Vortex Energy will issue further updates as new information becomes available. Investors are encouraged to follow company announcements for the Lonquist technical study results once finalized.

The release was issued on behalf of the board of directors by Paul Sparkes, CEO and Director. Contact information is provided for investor inquiries, reflecting the company’s commitment to transparent communication.