Northern Vertex Mining (TSXV:NEE,OTCQX:NHVCF) issued a news release to clarify the Company’s technical disclosure as a result of a review by the British Columbia Securities Commission.
As quoted in the press release:
Lemhi Property, Idaho. The Company’s website and corporate presentation refer to a “Positive Pre-Feasibility Report” prepared by Kappes, Cassiday & Associates (“KCA”) in 1996 for the Humbug deposit, contained within the Lemhi Property. The Company should have indicated that the aforementioned report is historical in nature and does not meet or adhere to NI 43-101 disclosure requirements. The Company has addressed this oversight and advises readers that any reference to Pre-feasibility should not be relied upon as it may continue to be found in the public domain.