VANCOUVER, British Columbia,
August 16, 2012 /PRNewswire/ --
Northern Vertex Mining Corp. (TSX.V:NEE) (OTCQX:NHVCF) is
pleased to announce additional underground channel sample results
from the Moss Gold-Silver project in Mohave County, Northwestern Arizona. Channel samples were
taken at 5-foot intervals across the 'back' (roof) of the 1921
Hill No 2 X-Cut located 250 meters east of the Allen
Shaft-Office X-Cut workings.
States Northern Vertex Chief Geologist Dr. Bob Thompson, "These exceptional results
demonstrate the potential for high-grade ore at Moss. A 24 m
intersection of 4.9 gpt material provides excellent potential for
higher grade averages and enhanced future profitability. When
combined with results from the Allen Shaft-Office X-cut
workings located 250 metres west, along strike of the deposit (NRs
June26th and July 17th,
2012), an increasingly clear picture of grade consistency and
continuity emerges."
Metric Imperial
Underground Sampling
Area Intvl AuEq[1] From To Au Ag Intvl AuEq[1]
(m) (gpt) (m) (m) (gpt) (gpt) (ft) (opt)
1921 Hill #2 X-Cut 24.38 4.93 7.62 32.00 4.42 20.4 80 0.144
incl. 9.14 10.83 13.72 22.86 9.72 44.4 30 0.316
The Company reports underground sampling is continuing at the
Moss Gold-Silver Project and additional results from the program
are expected in the near future.
The geological disclosure in this press release has been
reviewed and verified by Northern Vertex's Chief Geologist, Dr.
Bob Thompson, PhD P Eng (a qualified
person for the purpose of National Instrument 43-101, Standards of
Disclosure for Mineral Projects).
All analyses were performed by Inspectorate America, Reno, using
industry standard protocols. For full QC/QA procedures please visit
http://www.northernvertex.com/QCQA.html
Northern Vertex has the right to earn a 70% interest in the
historic Moss Gold-Silver Property located in Mohave County, Arizona from Patriot Gold Corp.
Subsequent to the Northern Vertex earn-in, financing of the project
will be on a proportional basis.
About Northern Vertex: Northern Vertex is a gold
exploration and development company operating principally in
the United States and Canada. The Company comprises an experienced
management group with a strong background in all aspects of
acquisition, exploration, development, operating and financing of
precious metal mining projects. The Company's stated mandate is to
acquire, develop and advance gold projects that demonstrate near
term production potential and long-term sustainable growth.
ON BEHALF OF THE BOARD OF NORTHERN VERTEX
"Joseph Bardswich"
Director
The TSX Venture Exchange has not
reviewed and does not accept responsibility for the adequacy or the
accuracy of this release.
Cautionary Note to US
Investors: This news release may
contain information about adjacent properties on which we have no
right to explore or mine. We advise U.S. investors that the SEC's
mining guidelines strictly prohibit information of this type in
documents filed with the SEC. U.S. investors are cautioned that
mineral deposits on adjacent properties are not indicative of
mineral deposits on our properties. This news release may contain
forward-looking statements including but not limited to comments
regarding the timing and content of upcoming work programs,
geological interpretations, receipt of property titles, potential
mineral recovery processes, etc. Forward-looking statements address
future events and conditions and therefore involve inherent risks
and uncertainties. Actual results may differ materially from those
currently anticipated in such statements.
For further information:
please visit http://www.northernvertex.com
or contact Investor Relations at: +1-604-601-3656
