Northern Vertex is a Canadian based exploration and mining company focused on the development of precious metals deposits in Canada and the United States. The Company’s objective is to acquire, develop and advance precious metal projects that demonstrate near term production potential and long term sustainable growth.

 

In the last 12 months Northern Vertex has successfully negotiated the acquisition of two US based properties that fit within its mandate and implememted a strategy designed to convert historical resource estimates into National Instrument 43-101 standards.

 

The Moss Gold-Silver Project in Arizona was acquired in March 2011. Since the acquisition, Northern Vertex has completed an extensive 27,000 foot drill program, which has resulted in the delineation of a substantial NI 43-101 compliant gold-silver resource. As a result of the success of the program, Baseline and Scoping studies have been initiated to fast-track the project towards its ultimate goal of gold-silver production.

 

The Company is targeting a low-cost heap leachable gold-silver resource at Moss in the order of one million ounces of gold equivalent. A recently released 43-101 Independent Resource Calculation conducted by the engineering firm Scott E. Wilson Consulting, Inc. pegs the total indicated and inferred resource at Moss at 590,400 Gold Equivalent ounces (483,792 indicated ounces and 106,628 inferred ounces. Upcoming drilling on the western extension of the resource offers significant potential for even further resource expansion. This is an area where an extensive, previous surface sampling program by Northern Vertex returned promising gold-silver values extending an additional 1,135 feet on strike and beyond the current 43-101 resource.

 

A 25,000 foot drill program is now underway on the Project.

 

The Lemhi Gold-Silver Project in Idaho represents a milestone acquisition for the Company. Northern Vertex plans to mirror the success of the Moss program on Lemhi with a similar 30,000 foot infill drill and resource definition program to begin aggressively validating the property’s non-compliant historical gold resource.

The Lemhi Property has a historical non-compliant 43-101 resource of 32.36 million short tons at a grade of 0.0375 ounces per short ton for 1.21 million contained ounces of gold, as reported by Pincock Allen & Holt in 1996 (the “PAH Report”).

 

Northern Vertex and ISGC (the “JV Partners”) have agreed to an initial funding commitment totaling US$15 million that will cover the cost of the Acquisition and the initial work program in connection with the upcoming 30,000 foot drill program.

 

The Company’s Copley Gold property is situated in the emerging Nechako Plateau of Central British Columbia, Canada. The 2,926 hectare property, which contains a large gold-bearing epithermal system measuring 7 kilometers long x 2 kilometers wide, lies on trend to the recent Blackwater-Davidson bulk-tonnage discovery 40 km to the south.

 

A recent 1100 meter, 11 hole drilling program conducted on the Copley property was successful identifying several large gold bearing structures encountering significant gold intersections over a large area and promising gold values in 9 out of 11 holes.

 

 

Latest News Release

Northern Vertex Provides Construction Update at Its 100% Owned Moss Gold Mine

Northern Vertex Mining Corp. has provided the following update on construction activities at its 100-per-cent-owned Moss mine project located near Bullhead City, Ariz.

 

Kenneth Berry, president and chief executive officer, stated: "Under the guidance of Dr. David Stone (project manager), Joseph Bardswich, PEng (president, Golden Vertex), M3 Engineering, Golder and Associates, and N.A. Degerstorm, we continue to achieve considerable progress at the Moss gold/silver mine and significantly derisk the project both technically and financially. Additional, key contracts recently awarded demonstrate the ongoing progress toward our goal of pouring gold in the fourth quarter of 2017."

 

Key contracts recently executed:

  • Concrete contract was awarded to Great Basin Industrial of Kaysville, Utah;
  • Heap leach civil works was awarded to N.A. Degerstrom of Spokane, Wash.;
  • Heap leach and pond liner installations awarded to American Environmental Group of Richfield, Ohio;
  • Heap leach and pond liners have been purchased from Agru America of Fernley, Nev.;
  • Diesel generators have been purchased from Empire Cat of Mesa, Ariz.;
  • Overland conveyor, grasshopper conveyors and radial stacker purchased from Superior Industries of Prescott, Ariz.

Advancing the Moss mine -- construction progress

 

Site civil works complete

 

The project site has seen a significant transformation in the past few months with the completion of the site civil works for the crusher pad, ROM (run of mine) pad, laydown yard, Merrill Crowe facility and ancillary roads. This work was performed by N.A. Degerstrom of Spokane, Wash.

 

Concrete work

 

The concrete contractor is expected to mobilize within the next two weeks. The concrete works encompass the Merrill Crowe and refinery facilities, the crusher foundations, and the diesel power station.

 

Heap leach civil works

 

The heap leach earthworks commenced in early June and clearing and grubbing operations in the leach pad are well under way. Excavation and fill for grading in the west event pond is essentially complete and this area is ready to receive liners. The focus at present is site grading in the western portion of the leach pad to be ready to receive liner in mid-July.

 

Liners installation

 

Lining of the west event pond is expected to commence in early July when the first liner shipments are received. Portions of the heap leach pad will be ready for lining by mid-July. The current schedule shows completion of the leach pad and pond liners by early September.

 

Crushing plant fabrication and delivery confirmed

 

The company is also pleased to report that Goodfellow Crushers and its partners KPI/JCI are making excellent progress on the fabrication of the Moss crushing plant. The initial plant components are scheduled for delivery in mid-July, with the final components on-site by mid-August.

 

Powerline and access road ROW progress

 

Two right-of-way (ROW) permit applications were submitted to the BLM (Bureau of Land Management) for construction of a power line partially on federal lands and for eliminating vertical and horizontal curves and blind spots on the Moss mine access road by widening onto adjacent federal lands. Both permit applications were deemed complete by the Kingman office of the BLM and an interdisciplinary team meeting has been scheduled for early July. The applications will be reviewed by the BLM team and items of environmental concern will be identified and then assessed for potential impacts. The major factors driving the applications are the elimination of diesel emissions to the atmosphere from on-site generators, and the increase in traffic safety for persons using the public county access road.

 

The applications were supported by a preliminary power line design by Amec Foster Wheeler, Phoenix, Ariz., office and completed road reconstruction plans by Civil Works Engineering LLC of Kingman, Ariz. The Mohave County Engineering Department has approved the road reconstruction plans and both city and county engineering have approved in principle the power line design concept.

 

Sale of waste rock

 

The sale of mine waste rock for use as concrete aggregates has commenced in partnership with Tri-R Construction of Mohave Valley, Arizona. At present Tri-R is hauling 500 tons per day to a local concrete supplier, and the demand is growing for use as riprap and other commercial uses.

 

Qualified person

 

The foregoing technical information contained in this news release has also been reviewed and verified by Joseph Bardswich, PEng, general manager -- Moss project, and a qualified person (QP) for the purpose of National Instrument 43-101 (disclosure standards for mineral projects).

 

About Northern Vertex Mining Corp.

 

Northern Vertex Mining is an exploration and mining company focused on the reactivation of its 100-per-cent-owned Moss mine gold/silver project located in northwestern Arizona. The company's management comprises an experienced management team with a strong background in all aspects of acquisition, exploration, development, operations and financing of mining projects worldwide. The company is focused on working effectively and respectfully with its stakeholders in the vicinity of the historical Moss mine and enhancing the capacity of the local communities in the area.

 

 

ON BEHALF OF THE BOARD OF NORTHERN VERTEX

“Kenneth Berry “

President & CEO

 

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Legal Notice / Disclaimer

 

This document is not and should not be construed as an offer to sell or the solicitation of an offer to purchase or subscribe for any investment.

 

Richard Mills has based this document on information obtained from sources he believes to be reliable but which has not been independently verified.

 

Richard Mills makes no guarantee, representation or warranty and accepts no responsibility or liability as to its accuracy or completeness. Expressions of opinion are those of Richard Mills only and are subject to change without notice. Richard Mills assumes no warranty, liability or guarantee for the current relevance, correctness or completeness of any information provided within this Report and will not be held liable for the consequence of reliance upon any opinion or statement contained herein or any omission.

 

Furthermore, I, Richard Mills, assume no liability for any direct or indirect loss or damage or, in particular, for lost profit, which you may incur as a result of the use and existence of the information provided within this Report.

 

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