Northern Vertex Mining Corp. (CVE:NEE) (OTCQX:NHVCF) announced Tuesday initial results from the underground sampling of historic workings at its Moss gold-silver project in Mohave County, northwestern Arizona.
The company said channel samples
were taken at 5-foot intervals across the ‘back’ (roof) of drifts and
cross-cuts in the vicinity of the property’s Allen Shaft.
Highlights included 91.4 metres averaging 2.64 grams per tonne (g/t) gold and 41.2 metres averaging 1.81 g/t gold.
are very pleased with initial assay results from the sampling program,"
said Northern's chief geologist in a statement, Dr. Bob Thompson.
underground workings observed at Moss are far more extensive than
originally anticipated. Current results are consistent with and support
our previous phase I and phase II drill results which showed 1.5+ gpt
gold equivalent grades extending across the Moss Gold-Silver system."
expect these consistent and continuous high-grades encountered
underground will play a significant role in further boosting the size
and grade of our established Gold-Silver resource as we continue our
resource expansion program underground and to the west of the Moss
Indeed, underground sampling is continuing
at the Moss project, with additional results from the program expected
shortly, the company said.
In May, Northern Vertex unveiled
drill results from its phase II, 6,500 metre infill and resource
expansion program at its Moss project. The results from core holes 18
through 23 tested the western extension of the Moss stockwork vein
The company said it hit 17 metres of 1.03 g/t of gold
equivalent in hole AR-144C, including 1.37 metres of 5.09 g/t gold
equivalent, and 15 metres of 1.04 g/t gold equivalent in hole AR-159C,
as drilling continued to expand the western extension.
of last year, Northern Vertex acquired from Patriot Gold Corp the rights
to 70 per cent of the Moss gold-silver project, where the company
drilled a substantial amount to delineate an NI 43-101 compliant
CEO Ken Berry says the company drilled off a current resource of
590,000 ounces of gold equivalent, 90 per cent of which is in the
measured and indicated category.
A resource update is expected to follow shortly.
Northern Vertex is a gold exploration and development company
operating mainly in the United States and Canada. The company also holds
the earlier stage Copley project to its name, which is located in the
Nechako region of central British Columbia.