Northern Vertex Mining Corp. (TSXV:NEE) announced that it has received assay results from the first 33 holes of its Phase 1 drill program at the Lemhi project.
As quoted in the press release:
The current program is designed to confirm and validate historic results derived from previous drilling conducted on the property.
Northern Vertex, Chief Geologist, Bob Thompson, commented:
We are pleased with initial assays from the first phase of our program. Importantly, results indicate gold mineralization is far more widespread than originally thought. This is demonstrated in holes such as LGT12-064R which intersected 4.57 m grading 4.35 gpt gold followed by 41.15 m grading 1.19 gpt gold (ref. table); one of the 4 mineralized intersections in hole LGT12-015C comprises 16.76 m grading 2.62 gpt gold including 3.05 m grading 12.37 gpt gold; hole LGT12-023C intersected 30 m grading 1.06 gpt gold. These values provide valuable infill data and indicate incremental southward extension of the main zone of mineralization at Lemhi.
Nexus Gold Corp. (TSXV:NXS) is currently drilling on the Walker Ridge Gold Project in Nevada - a multiple target, Carlin-type gold exploration property. They have recently submitted an expanded Plan to increase the current 8 pad plan to 29 drill pads.
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