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    Northern Vertex Issues Amended Resource Estimate for Moss Mine Gold-Silver Project

    Investing News Network
    Mar. 12, 2013 07:26AM PST
    Gold Investing

    Northern Vertex Mining Corp. (TSXV:NEE) announced a corrected and updated disclosure for the Moss Mine Gold-Silver Project resource estimate: 22,589,000 tonnes of Measured and Indicated Resources with an average grade of 0.74 grams/tonne Au and 8.03 grams/tonne Ag, or 0.90 grams/tonne AuEq; and 3,957,000 tonnes of Inferred Resources with an average grade of 0.57 grams/tonne Au and 6.65 grams/tonne Ag, or 0.64 grams/tonne AuEq. The Company has retracted the resource estimate contained in its February 19, 2013 news release, of which should not be relied upon for any purpose.

    Northern Vertex Mining Corp. (TSXV:NEE) announced a corrected and updated disclosure for the Moss Mine Gold-Silver Project resource estimate: 22,589,000 tonnes of Measured and Indicated Resources with an average grade of 0.74 grams/tonne Au and 8.03 grams/tonne Ag, or 0.90 grams/tonne AuEq; and 3,957,000 tonnes of Inferred Resources with an average grade of 0.57 grams/tonne Au and 6.65 grams/tonne Ag, or 0.64 grams/tonne AuEq. The Company has retracted the resource estimate contained in its February 19, 2013 news release, of which should not be relied upon for any purpose.

    As quoted in the press release:

    The new resource estimate for the Moss Mine Gold-Silver Project includes:

    • 12,611,000 tonnes of Measured Resources with an average grade of 0.85 grams/tonne Au and 9.10 grams/tonne Ag, or 1.03 grams/tonne gold equivalent (“AuEq”)
    • 9,978,000 tonnes of Indicated Resources with an average grade of 0.60 grams/tonne Au and 6.68 grams/tonne Ag, or 0.73 grams/tonne AuEq
    • 22,589,000 tonnes of Measured and Indicated Resources with an average grade of 0.74 grams/tonne Au and 8.03 grams/tonne Ag, or 0.90 grams/tonne AuEq
    • 3,957,000 tonnes of Inferred Resources with an average grade of 0.57 grams/tonne Au and 6.65 grams/tonne Ag, or 0.64 grams/tonne AuEq

    Click here to read the Northern Vertex Mining Corp. (TSXV:NEE) press release

    See this press release on Marketwire
    Click here to see the Northern Vertex Mining Corp. (TSXV:NEE) profile.

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