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

PMET Resources: Lithium Feasibility Study Sees Economics Tumble

Gold Is Not Rising. Confidence Is Collapsing | Todd “Bubba” Horwitz

IAMGOLD: The Quebec Buying Spree

Recommended

First Majestic Silver Breaks Free Cash Flow Record In Third Quarter

Antimony Resources Sees Bald Hill Potential Double In Latest Technical Report

Related News

A Discussion On Gold, Silver, and Bitcoin With Florian Grummes

Today on the Daily Dive we sit down with returning guest Florian Grummes, a precious...

Wednesday, July 28, 2021, 01:30:00 PM

Osisko Development To Acquire Operating Gold Mine

Osisko Development Corp (TSXV: ODV) is well on its way to becoming a gold producer...

Tuesday, January 25, 2022, 08:39:55 AM

Global Gold Demand Drops To 11-Year Low As Consumers And Investors Face Effects Of COVID-19 Pandemic

It appears that gold has lost its lustre for many central banks and investors, causing...

Monday, November 2, 2020, 12:21:57 PM

Black Tusk Resources Completes 2,600 Metre Drill Program Near Val-d’Or

Black Tusk Resources (CSE: TUSK) has completed the first phase of its drill program being...

Friday, March 5, 2021, 08:25:34 AM

Gold Mountain Mining Officially Begins Mining Operations At Elk Gold Project

Mining is officially underway over at Gold Mountain Mining (TSXV: GMTN) in just a week...

Tuesday, November 9, 2021, 08:07:47 AM