Northern Vertex Drills 3.22 G/T Gold, 18.10 G/T Silver Over 8.23 Metres At Moss Mine

Northern Vertex Mining Corp. (TSXV: NEE) announced today the drilling results from its multi-phase infill and resource expansion drilling program at the Moss Mine. The results highlighted an intersection of 3.22 g/t gold and 18.10 g/t silver over a core length of 8.23 metres among other results.

A total of sixteen holes saw assays released this morning, with drilling focused on the expansion of the current resource. Highlights of the drill results which focused on the Moss and Ruth veins include:

  • AR21-414C: 3.22 g/t gold and 18.10 g/t silver over 8.23 metres
  • AR21-411C: 1.65 g/t gold and 34.25 g/t silver over 30.85 metres, including
    • 3.83 g/t gold and 81.85 g/t silver over 6.10 metres
  • AR21-410C: 1.46 g/t gold and 35.10 g/t silver over 36.58 metres, including
    • 2.05 g/t gold and 52.38 g/t silver over 15.24 metres

The company relayed that it is currently mining along 1,500 metres of the approximately 6,000 metre-strike length of the Moss vein. The recent drilling results gave the company a reason to believe that there is an additional resource potential along strike and at depth beneath current operations. As a result, the firm permitted over 500 new drill sites and started drilling the highest priority sites.

Full details of the drill results can be accessed here.

The news follows the announcement last month, wherein Northern Vertex released the results of its infill and expansion drill program at the Moss mine, highlighting an intersection of 4.90 g/t gold and 57.18 g/t silver over 9.15 metres.

Northern Vertex Mining Corp. last traded at $0.375 on the TSX Venture.


Information for this briefing was found via Sedar, and the companies mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Why the Market May Be Misreading Iran | David Woo

Why US Fertilizer Supply Could Matter a Lot More Now | Pat Varas – Sage Potash

Roscan Gold: Mali Discount Hits Kandiole PEA

Recommended

Total Metals Secures High Grade Critical Minerals Property In Northwestern Ontario

Discovery at Luis Hill Prompts Acceleration of Phase 2 Program for Questcorp

Related News

Canaccord Increases Price Target On Great Bear Resources To $15

After yesterdays morning news release, Canaccord Genuity increased their price target from C$12 to C$15...

Tuesday, June 9, 2020, 04:08:03 PM

QMX Gold To Be Acquired By Eldorado Gold In $132 Million Transaction

Consolidation within the mining sector continues this morning, with the announcement that Eldorado Gold (TSX:...

Thursday, January 21, 2021, 08:44:23 AM

Karora Resources Posts $264.2 Million In Revenue For 2021

Karora Resources Inc. (TSX: KRR) announced this morning its financial results for Q4 and full-year...

Monday, March 14, 2022, 02:52:00 PM

Grande Portage Contracts Second Drill For Herbert Gold Drill Program

Grande Portage Resources (TSXV: GPG) this morning announced that it is stepping up its drill...

Wednesday, July 21, 2021, 08:13:32 AM

Great Bear Conducts $20 Million Flow-Through Bought Deal

Great Bear Resources (TSXV: GBR) this morning announced that it will be conducting a bought...

Tuesday, May 12, 2020, 09:53:00 AM