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Northern Vertex Reports Phase 1 Drilling Program Intercepts 24.99 Meters Grading 2.88 gpt Gold Eqv; Including 6.71 Meters Grading 8.38 gpt Gold Eqv

Investing News Network
Aug. 24, 2011 08:56AM PST
Company News

Northern Vertex Capital Inc. (CVE:NEE) reports results from an additional six holes of its 27,000 foot (8,300 meter) drilling program on the Moss gold-silver project, Mohave County, Northwestern Arizona.

Northern Vertex Capital Inc. (TSXV:NEE) reports results from an additional six holes of its 27,000 foot (8,300 meter) drilling program on the Moss gold-silver project, Mohave County, Northwestern Arizona.

The press release is quoted as saying;

The Company reports drill results from the along-strike distribution of the six cored holes provide additional evidence that the Moss deposit has a consistent and reliable distribution of gold and silver along its strike length. Composites from the core holes are being utilized to perform metallurgical and environmental testwork in support of the Project’s feasibility and permitting. The independent testwork is currently underway at Kappes Cassiday and Associates metallurgical complex, located in Reno, Nevada.

Northern Vertex’s  Chief Geologist, Dr. Bob Thompson says:

“We are extremely pleased to see a distinct consistency and predictability of gold values materializing along the Moss stockwork gold-silver system’s entire 5,000 foot (1+ km) strike length as we continue to meet or surpass historical drill results where 30 to 50 meter intervals of 1+ gram gold were reported.”

“AR-76C, drilled near the eastern limit of the system, produced an impressive 24+ m intersection averaging 2.88 gpt gold equivalent – including 6+ m averaging more than 8 gpt; AR-73C, located more than 1 km to the west, intersected 43.89 m averaging 2.76 gpt – including 9.15 m averaging 5.22 gpt. The holes in between – AR-72, AR-74 and AR-75 – also yielded equally impressive values, highlighted by hole AR-74 which intersected 71+ m averaging 1.64 gpt gold equivalent – including 12+ m exceeding 4.4 gpt”.

Click here to access the entire news release.

Click here to access Northern Vertex’s company profile.(TSXV:NEE)

drill-results tsxv-nee northern-vertex
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