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Northern Vertex - www.youroilandgasnews.com

Northern Vertex hits multiple high-grade gold intercepts as drilling success continues on Western extension of Moss Gold-Silver Project

Tuesday, Apr 03, 2012

Northern Vertex Mining Corp. (TSX.V:NEE) (OTCQX:NHVCF) is pleased to announce results from core holes 5 through 10 as part of a Phase II, 20,000 foot (6500 meter) infill drill and resource expansion program to test the western extension of the Moss stockwork Gold-Silver vein system in Mohave County, Northwestern Arizona. 

States Northern Vertex Chief Geologist Dr. Bob Thompson, "We are very pleased with current results. Five out of 6 drill holes returned high-grade intercepts including: 6.26 gpt Gold Equivalent(1) over 1.68 meters, 5.37 gpt Gold eqv over 1.83 meters, 4.03 gpt Gold eqv over 1.22 meters and 3.61 gpt Gold eqv over 4.57 meters. Results confirm the Gold mineralization along Moss's western extension is expanding and robust. Significantly, the high-grade zones are contained within larger mineralized intersections which are above internal cut-off grades and are expected to play a key factor in adding additional tonnage and ounces to our current 43-101 Gold-Silver resource." 

To date, the Company has completed 28 holes of its Phase II in-fill drill and resource expansion program to test the western extension of the Moss Gold-Silver project. Included in the total are 18 RC drill holes and 10 diamond drill (core) holes. The Company reports Phase II drilling on the western extension is now complete. Results from the final holes of the program are expected in the near future. 

 

The geological disclosure in this press release has been reviewed and verified by Northern Vertex's Chief Geologist, Dr. Bob Thompson, PhD P.Eng (a qualified person for the purpose of National Instrument 43-101, Standards of Disclosure for Mineral Projects). 

All analyses were performed by Inspectorate America, Reno, using industry standard protocols. For full QC/QA procedures please visit http://www.northernvertex.com/QCQA.html 

Northern Vertex has the right to earn a 70% interest in the historic Moss Gold-Silver Property located in Mohave County, Arizona from Patriot Gold Corp. Subsequent to the Northern Vertex earn-in, financing of project will be on a proportional basis. 

About Northern Vertex: Northern Vertex is a gold exploration and development company operating principally in the United States and Canada. The Company comprises an experienced management group with a strong background in all aspects of acquisition, exploration, development and financing of precious metal mining projects. The Company's stated mandate is to acquire, develop and advance gold projects that demonstrate near term production potential and long-term sustainable growth. 

 

Source: Northern Vertex Inc.

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