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Northern Vertex Announces Key Acquisition of Historic Moss Gold – Silver Property
Mar. 09, 2011 04:32PM PST
Silver Investing
Northern Vertex Capital Inc. (CVE:NEE) announced it has entered into a letter agreement giving the company rights to an undivided 70% interest in the Moss Property in Arizona.
Northern Vertex Capital Inc. (TSXV:NEE) announced it has entered into a letter agreement giving the company rights to an undivided 70% interest in the Moss Property in Arizona.
The press release is quoted as saying:
To fulfill the terms of the Exploration and Option Agreement, Northern Vertex paid Patriot Gold Corp. US$500,000 upon execution of the agreement and must spend an aggregate total of US$8 million on exploration over five years.
To read the full press release, click here.