Vancouver, B.C. - Northern Vertex Mining Corp. (TSX.V:NEE)(OTCQX: NHVCF) (“Northern
Vertex”) is pleased to announce results from the first 18 holes of its 20,000 foot (6500 meter) in-fill drill
and resource expansion program on the Moss Gold-Silver Project situated in the historic Oatman Mining
district in Mohave County, Northwestern Arizona.
States Northern Vertex Chief Geologist, Dr. Bob Thompson. “We are pleased to report all five of the
Phase II infill holes, AR-124, 125, 127, 128 and 133, designed to convert resources from the inferred to
the indicated category, were successful, with each hole intersecting at least 24 metre widths of
mineralized material.
The significant intersections returned from Phase II drilling are consistent with results from our Phase 1
drill program. Importantly, they demonstrate the consistent internal distribution of gold we’ve come to
expect from the Moss gold-silver system. Holes AR-121, 122 and 123 returned a series of promising
intercepts, despite being stopped in mineralization grading 1 gpt gold equivalent. These holes were
collared approximately 160 meters south from the outcropping Moss stockwork system, where
intersections suggest a broader zone of mineralization at depth.”
You can view the complete release here
Tuesday, February 28, 2012
Kootenay Silver firmly focused on Promontorio project, updated resource expected
Vancouver-based junior explorer Kootenay Silver (CVE:KTN) is firmly pinning its hopes on the Promontorio silver project in Mexico.
Kootenay Silver’s flagship property is the former-producing Promontorio silver mine in Sonora State, Mexico. The company is also actively developing other mineral projects in Mexico and British Columbia, Canada.
But the company's focus on Promontorio was a driver in the recent change of its name from Kootenay Gold.
Speaking to Proactive Investors, Kootenay Silver’s chairman, Ken Berry, said: "Our focus is on the Promontorio property and building that silver resource. We feel that we're at a real stage in development where that resource is a significant asset.
"Our core asset has grown to such a stature it warranted a name change."
Kootenay Silver’s flagship property is the former-producing Promontorio silver mine in Sonora State, Mexico. The company is also actively developing other mineral projects in Mexico and British Columbia, Canada.
But the company's focus on Promontorio was a driver in the recent change of its name from Kootenay Gold.
Speaking to Proactive Investors, Kootenay Silver’s chairman, Ken Berry, said: "Our focus is on the Promontorio property and building that silver resource. We feel that we're at a real stage in development where that resource is a significant asset.
"Our core asset has grown to such a stature it warranted a name change."
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