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.
|Otis Gold Corp. (TSXV:OOO) is a near-term producer with an NI 43-101 resource 520,000 ounces of drill-indicated gold at its Kilgore Project in Idaho. Work is scheduled to begin soon at the North Target area of the Kilgore Gold Project. Connect with Otis Gold Corp and never miss a catalyst.|