Articles Tagged "Northern Vertex Mining"

Northern Vertex In Process to Amend Technical Disclosure

Gold – Northern Vertex Mining (TSXV:NEE) announced that as a result of a review by the British Columbia Securities Commission, the Company is in the process of preparing an amended technical report that provides additional or amended disclosure in respect of certain PEA items including, taxes, royalties, the experience of the Qualified Persons who authored the report, metal price assumptions, along with an expanded narrative regarding the metallurgy and the relationship of the pilot plant phase to any final production decision.

Kinross Takes $3-billion Punch on Tasiast Writedown

Gold – Kinross and Barrick both announced multi-billion-dollar writedowns in the fourth quarter. Investors, however, see a silver lining in the bad news.

Northern Vertex Mining Completes Sale of 51% Interest in Lemhi Gold-Silver Project

Silver – Northern Vertex Mining Corp. (TSXV:NEE) has completed the sale of its 51% interest in the the Lemhi Gold-Silver Project to the Idaho State Gold Company for US$7.65 million. US$4.75 million in cash was received in full on February 12, 2013 and the deferred cash payments equivalent to 3% of all future expenditures at the Lemhi Property, are payable to the Company in quarterly installments. The Company's main focus is now on development of the Moss Gold-Silver Mine in northwest Arizona.

Northern Vertex Mining Corp. – Targeting Near-Term Gold Production in Arizona, USA

Northern Vertex Mining Corp. (TSXV:NEE) is a Canadian based exploration and mining company focused on the development of precious metals deposits in the United States. Northern Vertex comprises an experienced management team with a strong background in all aspects of acquisition, exploration, development, operations and financing of precious metal mining projects.

Northern Vertex Announces Updated Resource Estimate: 956,800 Measured and Indicated Gold Equivalent Ounces on Moss Gold-Silver Project, Arizona

Northern Vertex Mining (TSXV:NEE,OTCQX:NHVCF) announced an updated resource estimate for its Moss Gold-Silver Project in Mohave County, Northwestern Arizona: an increase to 956,800 ounces of Measured and Indicated gold equivalent resources and 199,100 ounces of inferred gold equivalent resources.