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Near break even quarter reported with a $9.5k

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zenvesting   Sunday, 05/16/21 01:02:48 PM
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Near break even quarter reported with a $9.5k loss, but there's a $955k royalty receivable, so next Q should be better:
https://www.otcmarkets.com/filing/html?id=14956709&guid=9WbnUnKWhGMh13h

Golden Vertex is optimistic about defining additional resource at the mine:
https://www.prnewswire.com/news-releases/northern-vertex-reports-quarterly-production-of-9-912-gold-equivalent-ounces-301271036.html
Michael G Allen, President commented, "Production from the West Pit continues to improve as we have now developed large production benches, which allows for maximum mining efficiency. The initial stripping to expose the Moss Vein in the West pit is largely complete. Although forecast grades and production will be lower in 2021 versus 2020, the current infill drilling program has identified numerous areas where additional drilling could improve the resource model and ultimately the mine. We are very excited about our evolving knowledge of the mineralization of the Moss Mine and believe that there are substantial opportunities to improve and expand the operation."

"Our houses are such unwieldy property that we are often imprisoned rather than housed in them." - Henry David Thoreau, Walden: Economy, 1854

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