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Northern Vertex Mining (NHVCF)

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Last Post: 5/23/2016 5:26:13 PM - Followers: 1 - Board type: Free - Posts Today: 0


Projects

LEMHI GOLD-SILVER PROJECT

The Lemhi Gold-Silver Project is located in the Dahlonega Mining Distrct, Lemhi County, approximately 25km north of Salmon, Idaho. The Lemhi Project was recently assembled from four underlying property holders to form a newly consolidated advanced exploration opportunity.

The Project includes Yamana's interest in the Humbug Gold Deposit and has a historical non-compliant 43-101 resource of 1.21 million contained ounces of gold, as reported by Pincock Allen & Holt in 1996 (the "PAH Report"). The PAH Report calculated a non-compliant 43-101 Geological Resource on the Humbug based on 277 reverse circulation holes totalling 157,000 feet with a cut-off grade of 0.0112 opt.

In 1996 Kappes, Cassiday & Associates conducted a non-compliant Pre-Feasibility Study on the Humbug deposit based on 15,675,000 tons of ore, and an approximate 6-year mine life. Under the terms of the acquisition an extensive 30,000 foot confirmation- drill program is planned to confirm, validate and expand historic gold resources.


MOSS GOLD-SILVER PROPERTY

The Moss Gold-Silver property is strategically located in Arizona's historic Oatman Mining District, which has produced over 2 million ounces of gold principally from high-grade underground operations. Historically 305 drill holes have been drilled on the Moss property between 1982 and 2008 for a total of 54,390 feet.

An extensive multi-phase confirmation in-fill and definition drilling program is now complete on the Moss Gold-Silver property. The systematic program included approximately 27,000 feet of drilling and employed both a diamond drill rig and a reverse circulation rig to confirm previous results reported from 305 historical holes drilled on the Moss property between 1982 and 2008.


Based on interpretation of existing exploration data and results compiled to date from the 305 historic holes drilled into the main Moss stockwork vein zone, the Company believes that the Moss Gold-Silver project has the potential for a significant ecomomic resource.


COPLEY GOLD PROPERTY

The Company's Copley Gold property is situated in the emerging Nechako Plateau of Central British Columbia, Canada. The 2,926 hectare property, which contains a large gold-bearing epithermal system measuring 7 kilometers long x 2 kilometers wide, lies on trend to the recent Blackwater-Davidson bulk-tonnage discovery 40 km to the south.


  Capital Structure

  TSX Venture Exchange: NEE
OTCQX: NHVCF
Shares Issued: 45,019,348
 
http://www.northernvertex.com

http://www.otcmarkets.com/stock/NHVCF/company-info
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NHVCF News: Small Company Offering and Sale of Securities Without Registration (d) 11/16/2016 04:56:59 PM