Northern Vertex Mining Corp. (TSX-V: NEE) (OTC Nasdaq Intl.: NHVCF) is pleased to announce gold and silver production totaling 3,299 gold equivalent ounces (3,001 oz gold and 22,383 oz silver) during the month July at the Moss Gold Mine, located in Northwest Arizona.
Kenneth Berry, President and CEO, states: “We are pleased to report our best production month ever at the Moss Mine. The improvement in production is a direct reflection of our management team’s transparent operational culture, modifications to the Merrill Crowe facility and adjustments to Pad Management.”
Production Results for the Months Ended March 31, 2019 to July 31, 2019:
the Months Ended
|March 31, 2019||April 30,2019||May 31,2019||June 30, 2019||July 31, 2019|
|Gold equivalent ounces||2,264||2,419||2,854||2,821||3,299|
|*Gold to Silver Ratio 75:1|
Joel Murphy, General Manager commented, “Work continues at site to build a world class management team. To this end the site underwent a structural reorganization in Management that will set the Operational team going forward. Now that we have gone into steady state production, our goal is to build the best mining team we can. The hiring of safe dedicated personnel to fill our positions is paramount to our future. Now that all aspects of our operations are reaching steady state operations, work is focused on the reduction of operating costs. We have several large projects on site to keep things operating well into the future with a pad expansion by year end and reviews for building a power line to site.”
Preparation is underway for a reverse circulation (RC) in-fill drill program on the Western Extension resource area and to test known surface mineralization on strike to the east and west of the current mining operations. Roads and pads are being constructed and commencement of drilling is scheduled to begin in September 2019.
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 with over 200,000 ounces of gold production annually.
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