Favorable Gold Recovery Rates at Northern Vertex Mining Pilot Plant

Northern Vertex Mining Corp. (TSXV:NEE,OTCQX:NHVCF) provided an update on Phase I of its pilot plant operations, which are aimed at reactivating the Moss Mine gold-silver project, located in Mohave County, Arizona.

Highlights include gold recovery rates of 80.51 percent on cells 1 to 5, with recovery rates of 55.87 percent on cells 6A and 6B.

As quoted in the press release:

Gold dore produced amounts to 3,389 ounces of gold and 13,211 ounces of silver. The average price of gold received to date is $1255.36/ounce. The average silver price received to date is $20.39/ounce. A further 600 ounces of gold and 12,000 ounces of silver are anticipated to be recovered over the next several months.

Northern Vertex CEO, Dick Whittington, said:

Gold recoveries are continuing to exceed our expectations and are now well above those assumed in the PEA. The Pilot Plant has enabled us to continue to significantly de-risk the Moss Mine project by stress testing the physical attributes and leach kinetics of our mineralization in an operating environment, something that is pretty unique for a company at our stage of development. This will stand us in good stead as we move towards Phase II and commercial production.

Click here to read the Northern Vertex Mining Corp. (TSXV:NEE) press release.