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

Gold is Not Done | Saf Dhillon – Questcorp Mining

First Phosphate: Building a North American Battery Supply Chain from the Ground Up

Why This War Made the Gold Case Stronger | Michael Gentile

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

BMO Lowers Lundin Mining Price Target Following Further Strikes

Over the weekend, Lundin Mining (TSX: LUN) announced that they would be suspending guidance for...

Monday, October 19, 2020, 02:59:56 PM

Seabridge Gold: 47 Million Ounces and Counting

At the Rule Symposium in Boca Raton, Florida, Rudi Fronk, Chairman & CEO of Seabridge...

Thursday, July 11, 2024, 09:32:00 AM

Lodge Closes Expanded Private Placement With Gross Proceeds of $1.49 million

Lodge Resources (CSE: LDG) last night quietly announced that the company has completed the final...

Tuesday, May 12, 2020, 03:10:01 PM

India Scraps Gold Deposit Program After Underwhelming Results

India has terminated a decade-old program that allowed citizens to deposit gold with banks in...

Tuesday, April 8, 2025, 02:10:00 PM

BMO Reiterates $20 Price Target On Eldorado Gold

At the end of October, Eldorado Gold (TSX: ELD) reported its third quarter financial results....

Sunday, November 14, 2021, 01:56:00 PM