Friday 20 July 2012

Northern Vertex reports further encouraging underground channel samples from Moss

Northern Vertex Mining (CVE:NEE) (OTCQX:NHVCF) unveiled Thursday additional results from historic underground workings at the Moss gold-silver project in Mohave County, northwestern Arizona.

Channel samples were  taken at 5-foot intervals across the 'back' of drifts and  cross-cuts on the minus 60 level in the vicinity of the property's Allen Shaft.

The company said the underground channel samples returned consistent and greater than 1.5 grams per tonne (g/t) gold equivalent grades over broad intervals.

"Assays  continue to demonstrate excellent continuity of mineralization both  along and across the Moss Gold-Silver structure," said chief geologist, Dr. Bob Thompson.

"The consistent 1.5+  gpt gold equivalent grades returned further demonstrate the remarkable  uniformity of the Moss stockwork vein Gold-Silver system both on strike and at depth.

"Establishing continuity of grades along tunnels (drifts)  and sub-drifts will play an important factor in future mine planning  and development."

Highlights of the results included 6.1 metres of 1.98 g/t gold equivalent, 13.72 metres of 1.92 g/t gold equivalent including 1.52 metres of 6.03 g/t gold equivalent, and 12.19 metres of 1.75 g/t gold equivalent.

The company noted that underground sampling is continuing at the Moss  project, and additional results from the program are  expected in the near future.

Northern Vertex has the right to earn a 70 per cent interest in the historic  Moss property, located in Mohave County, Arizona from  Patriot Gold Corp (PINK:PGOL).

Earlier this month, the company announced initial results from channel samples taken underground at its Moss project returning grades of gold equivalents ranging from 1.81 g/t to 5.60 g/t.

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