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Northern Vertex Drills Further Widespread Mineralized Intercepts Along The Ruth Vein, Parallel to Moss Mine Open Pit

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Northern Vertex Drills Further Widespread Mineralized Intercepts Along The Ruth Vein, Parallel to Moss Mine Open Pit

 

 

 

 

 

Highlights:

  • 15.25 meters @ 3.35 g/t gold and 23.09 g/t silver within 33.55 meters @ 1.83 g/t gold and 13.49 g/t silver in hole AR20-350R
  • 1.5 meters @ 8.74 g/t gold and 80.10 g/t silver in hole AR20-322R, which is 183 meters east of AR20-350R
  • 3.0 meters @ 3.82 g/t gold and 56.0 g/t silver in hole AR20-321R, which is 457 meters east of AR20-350R
  • Results are from the Ruth vein, 160 meters south of, and parallel to, Moss Mine open pit

 

Northern Vertex Mining Corp. (TSX-V: NEE) (OTC Nasdaq Intl.: NHVCF) is pleased to announce recent drill results from its multi-phase drilling and resource expansion program at the Moss Mine in NW Arizona.  The most notable results are set out above and are taken from 37 new reverse circulation drill holes from the Ruth vein area, which hosts multiple high-grade zones within larger zones of typical Moss Mine bulk-tonnage grade mineralization along the Ruth vein.  Three rigs (1 core and two RC) are currently operating within the Company’s Phase II of a multi-phase drill program and the program will transition to target the intersection between the Ruth vein and the Moss vein in the coming months.

 

Ken Berry, President & CEO stated: “We are pleased to report another round of drilling results, including new high-grade intercepts along with thick low-grade zones, from our resource expansion drill program at the Moss Mine. Drilling at the Ruth Vein, which runs parallel to our Moss Open Pit, continues to encounter encouraging drill intercepts. The Ruth is located just 160 meters off the southern edge of our open pit mine and dips north toward the Moss Vein, which dips to the south, with the two veins intersecting at a contact zone approximately 225 meters below surface. This Ruth/Moss Contact Zone is a prime geological drill target for our ongoing resource expansion program at the Moss Mine.”

 

Ruth Vein Highlights

 

Definition drilling along the Ruth vein shows a strike length of greater than 500 meters with multiple high-grade zones intersected. Click the link to view a plan map showing drill-hole locations at the Ruth Vein (figure 1). 

 

The latest intercept comes from hole AR20-350R, which was drilled within 15 meters of the active Center pit crest and returned 15.25 meters @ 3.35 gpt gold and 23.09 gpt silver, within 33.55 meters @ 1.83 gpt gold and 13.49 gpt silver (true thickness approximately 21.3 meters).  Also, drill holes AR20-322R (183 meters east of AR20-350R) and AR20-321R (457 meters east of AR20-350R) intercepted zones of high-grade gold and silver including:

 

  • AR20-322R: 1.5 meters @ 8.74 gpt gold and 80.10 gpt silver within 29.0 meters @ 0.75 gpt gold and 7.15 gpt silver (true thickness approximately 18.3 meters)
  • AR20-321R: 3.0 meters @ 3.82 gpt gold and 56.0 gpt silver within 10.68 meters @ 1.369 gpt gold and 20.81 gpt silver (true thickness approximately 7.6 meters)

 

AR20-350R specifically targeted the Ruth vein, while hole AR20-355R, drilled from the same platform, targeted the intersection between the Ruth and Moss veins.  Click the link to view a cross section of hole AR20-350R (figure 2).  Samples from hole AR20-355R are in preparation at Skyline Laboratories and assay results are pending.  During this drill program, high-grade (>3.0 gpt gold) zones have been intersected in 14 different drills holes along the 500 meters of defined Ruth vein strike length, confirming that the Ruth vein hosts multiple high-grade zones.  

 

The drilling program continues with two reverse circulation drill rigs and one core drill rig in-filling along the Ruth vein.  In the coming months, mining will transition from the Center pit to the West and East pits.

 

 

Ruth Vein Detailed Drill Results

 

Hole ID Azimuth Dip From   (m) To              (m) From (ft) To (ft) Length (m) Length (ft) Au (g/t) Ag (g/t)
AR20-308R 180 -85 0.00 3.05 0 10 3.05 10 0.435 2.6
and     131.15 135.73 430 445 4.57 15 0.654 5.8
and     157.08 160.13 515 525 3.05 10 0.645 13.6
and     172.33 201.30 565 660 28.98 95 0.396 8.363
and     218.08 222.65 715 730 4.58 15 0.419 25.6
and     276.03 279.08 905 915 3.05 10 0.636 5.1
AR20-309R 195 -88 86.93 93.03 285 305 6.10 20 1.131 11.375
and     106.75 112.85 350 370 6.10 20 0.232 3.15
and     126.58 131.15 415 430 4.58 15 0.417 2.8
and     138.78 143.35 455 470 4.57 15 0.275 1.9
and     157.08 164.70 515 540 7.63 25 0.266 1.62
and     172.33 175.38 565 575 3.05 10 0.361 0.6
AR20-319R     No significant results
AR20-320R     No significant results
AR20-321R 180 -85 125.05 129.63 410 425 4.58 15 0.249 0.767
and     201.30 211.98 660 695 10.68 35 1.369 20.814
including     205.9 208.9 675 685 3.0 10 3.82 56.00
and     222.7 227.2 730 745 4.6 15 1.08 22.67
AR20-322R 180 -88 54.9 83.9 180 275 29.0 95 0.75 7.15
including     68.6 70.2 225 230 1.5 5 8.74 80.10
AR20-323R     No significant results
AR20-324R     No significant results
AR20-325R     No significant results
AR20-326R     No significant results
AR20-327R 180 -85 143.4 146.4 470 480 3.1 10 0.44 0.95
AR20-328R 180 -65 0.0 3.1 0 10 3.1 10 0.52 4.75
and     35.1 41.2 115 135 6.1 20 0.52 0.18
and     47.3 51.9 155 170 4.6 15 0.29 0.70
AR20-329R 180 -85 0.00 12.20 0 40 12.20 40 0.27 3.18
and     54.90 56.43 180 185 1.53 5 1.40 5.80
AR20-330R     No significant results
AR20-331R 150 -45 16.78 25.93 55 85 9.15 30 0.23 2.13
and     38.13 44.23 125 145 6.10 20 0.52 12.78
AR20-332R 230 -65 10.68 15.25 35 50 4.58 15 0.81 7.43
AR20-333R 180 -85 0.0 4.6 0 15 4.6 15 1.01 10.60
and     18.30 30.50 60 100 12.20 40 0.31 9.04
and     39.65 57.95 130 190 18.30 60 0.60 2.56
including     39.65 48.80 130 160 9.15 30 0.94 2.08
and     71.68 79.30 235 260 7.63 25 0.26 1.94
and     97.60 102.18 320 335 4.58 15 0.39 5.93
and     117.43 122.00 385 400 4.58 15 0.26 3.47
 AR20-334R 140 -70 10.68 25.93 35 85 15.25 50 0.72 7.04
including     15.25 16.78 50 55 1.53 5 3.30 28.60
and     70.15 82.35 230 270 12.20 40 0.35 5.75
and     93.03 105.23 305 345 12.20 40 0.55 3.59
AR20-335R     No significant results
AR20-336R     No significant results
AR20-337R 180 -85 123.53 131.15 405 430 7.63 25 1.16 2.66
AR20-338R 165 -45 67.10 70.15 220 230 3.05 10 0.57 2.25
AR20-339R     No significant results
AR20-340R 120 -80 117.43 129.63 385 425 12.20 40 0.78 5.51
AR20-341R 180 -45 0.00 10.68 0 35 10.68 35 0.29 2.97
AR20-342R     No significant results
AR20-343R     No significant results
AR20-344R     No significant results
AR20-345R 250 -70 42.70 45.75 140 150 3.05 10 0.42 0.65
AR20-346R     No significant results
AR20-347R 180 -88 51.85 74.73 170 245 22.88 75 0.24 3.39
including     56.43 57.95 185 190 1.53 5 1.00 5.10
AR20-348R  0 -45 6.10 24.40 20 80 18.30 60 0.41 2.26
      35.08 42.70 115 140 7.63 25 0.40 2.60
      59.48 65.58 195 215 6.10 20 0.26 8.25
      184.53 201.30 605 660 16.78 55 0.24 0.86
and     218.08 231.80 715 760 13.73 45 0.44 4.66
including     219.60 222.65 720 730 3.05 10 1.08 15.55
AR20-349R     No significant results
 AR20-350R 205 -85 102.18 108.28 335 355 6.10 20 0.27 2.48
and     125.05 158.60 410 520 33.55 110 1.83 13.49
including     128.10 143.35 420 470 15.25 50 3.35 23.09
AR20-351R 205 -70 0.00 3.05 0 10 3.05 10 0.42 2.25
and     106.75 123.53 350 405 16.78 55 0.23 1.21
AR20-353R  230 -45 0.00 4.58 0 15 4.58 15 0.32 1.67
and     13.73 16.78 45 55 3.05 10 0.35 1.45
and     89.98 93.03 295 305 3.05 10 0.29 0.60
and     106.75 112.85 350 370 6.10 20 0.32 0.93
and     143.35 146.40 470 480 3.05 10 0.37 9.80
AR20-354R  10 -80 193.68 219.60 635 720 25.93 85 0.37 4.26
                             
* Note: estimated true widths range from 65 to 90% depending on dip of the vein and inclination of the drill-hole  

 

QA/QC

 

Samples of drill cuttings were collected by the drilling crew using a wet rotary splitter to ensure a representative sample of each five-foot interval. Field notes were recorded for each sample documenting what was sampled and how the sample was taken. Samples were collected in bags with a sample tag inserted and delivered to a secure on-site location prior to pick-up by Skyline Labs, a commercial laboratory in Tucson, Arizona.  Skyline Labs is an ISO 9001:2008 qualified assay lab that uses and makes available internal assaying controls.  Quality control consisted of one certified gold standard, one blank, and one duplicate sample inserted into every twenty samples submitted to Skyline Laboratories.

 

At the lab, rock samples are dried, crushed and pulverized to 85% passing through a 200-mesh sieve. The pulps are assayed for gold using a 30 g split, Fire Assay and Atomic Absorption finish. Over limit assays for both gold and silver (10 gpt for gold and 100 gpt for silver) were rerun using a gravimetric procedure. Rejects and pulps are stored at Golden Vertex’s warehouse in Bullhead City for future reference.

 

Qualified Person 

 

The foregoing technical information contained in this news release has also been reviewed and verified by Mr. Joseph Bardswich, P.Eng., a director of the Company and a Qualified Person for the purpose of National Instrument 43-101 (Disclosure Standards for Mineral Projects).

 

About Northern Vertex Mining Corp.

 

Northern Vertex Mining Corp. is focused on low cost gold and silver production at its 100% owned Moss Mine in NW Arizona. The Company has experience across all areas of operations, mine development, exploration, acquisitions, and financing of mining projects. With operations at the flagship Moss Mine achieving commercial production the Company intends to consolidate additional producing or near-term production gold assets within the Western US. Through mergers and acquisitions Northern Vertex’s corporate goal is to become a mid-tier gold producer.

 


Moss Mine and Ruth Vein Plan Map and Long-section (CNW Group/Northern Vertex Mining Corp.)

 

Posted December 10, 2020

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