To say that Northern Vertex Capital Inc. (TSX.V: NEE) -- northernvertex.com -- is on a fast track to prove up its U.S. gold-silver properties does not do justice to the impressive record this company has set in little more than a year.
Consider that in just the past seven months this company acquired two highly prospective properties, one in Arizona and the other in Idaho, both mining-friendly states. Northern Vertex then embarked on an aggressive drilling program that has clearly established an NI 43-101 compliant 590,400 ounce gold equivalent resource. And if that wasn’t enough, the company simultaneously began base line studies for an eventual pre-production feasibility report. Now a $9 million exploration program is planned at its new Idaho property.
“We have a strong team and we are pretty aggressive,” admits CEO Ken Berry. “Our intention is to become a mid-size producer.”
Monday, December 5, 2011
TSX.V: NEE Northern Vertex Announces Phase II Drilling and Development Program Underway On Moss Gold-Silver Project in Southwestern Arizona
December 5, 2011
Vancouver, B.C. - Northern Vertex Capital Inc. (TSX.V:NEE) (“Northern Vertex”) is pleased to
announce a phase II drilling and development program is underway to include RC and Core drilling on its
Moss Gold-silver project situated in the historic Oatman Mining District in Southwestern Arizona. The
Company reports the first 4 holes of the program were recently completed, with pending assay results
expected imminently. Approximately 20,000 feet of drilling is planned for the phase II program.
The phase II program is designed to expedite the path to a production decision on the Moss Gold-Silver
Project and will include: A multi-phase drill program to test the newly discovered western extension of
the Moss deposit; infill drilling to render 'inferred resources' into the 'indicated resources' category;
continued scoping and baseline studies to advance the mine permitting process and; additional
metallurgical testing to further define precious metal recoveries.
TSX. V: NEE Northern Vertex Receives Exchange Approval for Joint Venture Agreement for Lemhi Gold-Silver Property in Idaho and Closes $13.3M Non-Brokered Private Placement
November 28, 2011
Vancouver, B.C. - Northern Vertex Capital Inc. (TSX.V:NEE) (“Northern Vertex”) is pleased to
report that it has received approval from the TSX Venture Exchange regarding the joint venture
agreement to acquire up to a 75.5% interest in the Lemhi Gold Project (the “Lemhi Property”) located
25 miles north of Salmon, Idaho (the “Joint Venture”) and that it has closed its non-brokered private
placement for gross proceeds of $13,379,500.
Stockhouse: How "big money" could push silver 54% higher in 2012
The big money is tiptoeing back into silver. Last month, commodity trading advisors, pool operators, and hedge funds – the "big money" – weren't interested in silver AT ALL...
But as they move back into the market, silver prices could soar. Let me show you what I'm talking about...
Jason Goepfert created SentimenTrader, a service that tracks investor sentiment toward various asset classes. According to Jason, silver just bounced off its most pessimistic reading in four years.
But as they move back into the market, silver prices could soar. Let me show you what I'm talking about...
Jason Goepfert created SentimenTrader, a service that tracks investor sentiment toward various asset classes. According to Jason, silver just bounced off its most pessimistic reading in four years.
A Primer on Mining in Idaho
Idaho has many different types of minerals, and it was gold that brought the first permanent white settlers to the state. Although minerals can be used up, we are lucky to have enough minerals to meet our needs for hundreds of years to come. Explore the natural history of Idaho mining with the photographs and text below.
Almost every important mineral except oil, gas and coal can be found in Idaho. Some would cost too much to mine, but others provide us with jobs and money.
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