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Northern Vertex Announces Consistent and Robust Gold Grades From Final 20 Holes of Infill Drill and Resource Definition Program on Moss Gold-Silver Project

Written by Investing News Network
|
Oct. 14, 2011 11:29AM PST

Northern Vertex Capital Inc. (TSXV:NEE) announced results from the final 20 holes of its 27,000 foot (8,300 meter) infill drill and resource definition program on the Moss Gold-Silver Project situated in the historic Oatman Mining district in Mohave County, Northwestern Arizona.

Northern Vertex Capital Inc. (TSXV:NEE) announced results from the final 20 holes of its 27,000 foot (8,300 meter) infill drill and resource definition program on the Moss Gold-Silver Project situated in the historic Oatman Mining district in Mohave County, Northwestern Arizona.

As quoted in the press release:

Phase 1 drill results will be used in conjunction with the 305 historical holes previously drilled on the property between 1982 and 2008 to calculate an indicated resource that is NI 43-101 compliant.

Northern Vertex Chief Geologist Dr. Bob Thompson, said:

“We are very pleased and encouraged with current assay results. As was the case in the previous 38 holes of the program, assays continue to consistently meet or surpass historical drill results where 20 to 50 meter intervals of 1+ gram gold were reported. The numerous 20+ meter intersections of 1.5 – 2.5 gpt values demonstrate the deposit has remarkably uniform gold distribution both along strike and down dip, while maintaining its strength to depth, creating the opportunity to mine at even greater depths than originally envisioned. We believe the phase 1 program has provided excellent data to allow calculation of a 43-101 compliant resource”.

Click here to read the Northern Vertex Capital Inc. (TSXV:NEE) press release
Click here to see the Northern Vertex Capital Inc. (TSXV:NEE) profile.

tsxv:nee northern vertex drill results
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