Friday, 23 March 2012

Northern Vertex hits 1.5 g/t gold over 10 metres at Copley project

Northern Vertex Mining Corp. (CVE:NEE)(OTCQX:NHVCF) unveiled Thursday results from its phase two, 1,200 metre drill program on the Copley property in the Nechako region of central British Columbia.

Highlights from the Smoking Pipe target included 1.5 grams per tonne (g/t) of gold over 10 metres in hole C6-01, and 9.3 g/t gold over 2 metres.

“Results from drilling on Copley’s Smoking Pipe target indicate that the 10 meter intersection grading 1.5 gpt gold in hole C6-01 is a lateral extension of the 33 meter intersection encountered during the 2011 phase 1 drill program," said the company's chief geologist, Dr. Bob Thompson.
The 2011 hole intersected 0.271 g/t gold, including 5.6 metres averaging 0.68 g/t gold and 1.4 metres averaging 1.57 g/t gold.

Dimensions of the zone are, at minimum, 150 metres by 100 metres, remaining open to the south, west and north, the company said.

The zone, which was hit by 10 of the 12 holes drilled, dips to the west with gold values suggesting grades increase to the northeast, Northern Vertex added.

"Equally encouraging to the gold values received, step out drilling encountered a significant volume of hydrothermal breccia, suggesting extreme fluid-vapor flow extending from the zone," Thompson continued.

Further, the strengthening northeast mineralized trend is also on strike with a second exposed surface showing, situated approximately 800 metres away from the Smoking Pipe target, Northern Vertex said.

A previous sampling program on the 2,926 hectare Copley property traced extensive areas of gold mineralization on surface, including one prospective area measuring 55 metres by 140 metres.

Eleven sample sites returned values greater than 1 g/t gold, including one at 14 g/t gold. Twenty-three additional sites returned values between 0.05 and 1.0 g/t gold in only one of several gold-bearing zones identified thus far, Northern Vertex said.

Northern Vertex is a gold exploration and development company operating mainly in the United States and Canada.

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