In the last nine months alone, Northern Vertex (CVE:NEE) has managed to acquire two advanced mineral projects with historic reserves and initiate drill campaigns, setting the company on path for a productive year.
The Canadian exploration and mining company’s strategy is to acquire, develop and advance precious metal projects in Canada and the US, targeting the conversion of historical resource estimates to NI 43-101 compliant standards.
In March of last year, Northern Vertex acquired the rights to 70 percent of the Moss gold-silver project in Mohave County, northwestern Arizona, where the company has since completed a 27,000 foot drill program, resulting in the delineation of a substantial NI 43-101 compliant gold-silver resource.
CEO Ken Berry says the company drilled off a current resource of 590,000 ounces of gold equivalent, 90 percent of which is in the measured and indicated category.
