Northern Vertex Announces Right to Acquire a 75.5% Interest in the Consolidation of 4 Contiguous Properties

Northern Vertex Capital Inc. (TSXV:NEE) announced that it has entered into a joint venture agreement to acquire up to a 75.5% interest in the Lemhi gold project, north of Salmon, Idaho.

The press release is quoted as saying:

The Lemhi Project was recently assembled from four underlying property holders to form a newly consolidated advanced exploration opportunity. The Lemhi Gold Project includes Yamana’s interest in the Humbug Gold Deposit and has a historical non-compliant 43-101 resource of 32.36 million short tons at a grade of 0.0375 ounces per short ton for 1.21 million contained ounces of gold, as reported by Pincock Allen & Holt in 1996 (the “PAH Report”).

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