Articles Tagged "tsxv:nee"

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.

Northern Vertex In Process to Amend Technical Disclosure
Northern Vertex Amends Warrant Expiry Date
Northern Vertex Announces PEA for the Moss Mine Gold-Silver Project

Northern Vertex Amends Resource Estimate for Moss Mine Gold-Silver Project

Silver – Northern Vertex Mining Corp. (TSXV:NEE) announced a corrected and updated disclosure for the Moss Mine Gold-Silver Project resource estimate: 22,589,000 tonnes of Measured and Indicated Resources with an average grade of 0.74 grams/tonne Au and 8.03 grams/tonne Ag, or 0.90 grams/tonne AuEq; and 3,957,000 tonnes of Inferred Resources with an average grade of 0.57 grams/tonne Au and 6.65 grams/tonne Ag, or 0.64 grams/tonne AuEq. The Company has retracted the resource estimate contained in its February 19, 2013 news release, of which should not be relied upon for any purpose.

Northern Vertex Amends Resource Estimate for Moss Mine Gold-Silver Project

Northern Vertex Issues Amended Resource Estimate for Moss Mine Gold-Silver Project

Gold – Northern Vertex Mining Corp. (TSXV:NEE) announced a corrected and updated disclosure for the Moss Mine Gold-Silver Project resource estimate: 22,589,000 tonnes of Measured and Indicated Resources with an average grade of 0.74 grams/tonne Au and 8.03 grams/tonne Ag, or 0.90 grams/tonne AuEq; and 3,957,000 tonnes of Inferred Resources with an average grade of 0.57 grams/tonne Au and 6.65 grams/tonne Ag, or 0.64 grams/tonne AuEq. The Company has retracted the resource estimate contained in its February 19, 2013 news release, of which should not be relied upon for any purpose.

Northern Vertex Issues Amended Resource Estimate for Moss Mine Gold-Silver Project

Northern Vertex Mining Corp. Discovers Calculation Error in NI 43-101 Mineral Resource Estimate

Gold – Northern Vertex Mining Corp. (TSXV:NEE) was advised of a material calculation error that was discovered in the NI 43-101 Mineral Resource Estimate included in the Independent Technical Report that was titled "Technical Report Northern Vertex Mining Corp. Moss Gold-Silver Project, Mohave County, Arizona, USA" by Scott E. Wilson Consulting Inc. The error came from the modeling methology used, which resulted in approximately 50% reduction in the quantity of the previously stated NI 43-101 Mineral Resource Estimates.

Northern Vertex Mining Corp. Discovers Calculation Error in NI 43-101 Mineral Resource Estimate

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

Northern Vertex Completes Sale of Lemhi Property Interest

Gold – Northern Vertex Mining Corp. (TSXV:NEE) has completed the sale and subsequent share transfer of its 51% interest in the Lemhi Gold Trust to 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.

Northern Vertex Completes Sale of Lemhi Property Interest
Northern Vertex Sells Interest in Lemhi Property for US$7.65 Million