Northern Vertex Mining Corp announced additional high-grade gold and silver drill results have been received from its multi-phase resource expansion program at the Moss Mine, located in NW Arizona. President & CEO Ken Berry said "In addition to the success of high-grade gold and silver results from the previously untested Ruth Vein, we are extremely encouraged with the widespread mineralized intercepts encountered at the Gold Bridge and the Gold Tower zones, located directly adjacent to the producing Moss open pit mine. The recent success of our current drill program supports our objective to significantly expand the Moss Mine resource base. The positive drill results achieved from the Ruth Vein and its proximity to the Moss Vein open pit makes it an important target for further testing the possibility of additional resources, pit expansion and mine life extension."
Most notable results from this round of drilling include:
Strike length of Ruth Vein extended for 150 meters and the drilling continues to confirm continuity of mineralization for +650 meters with potential for high-grade ore shoots running parallel to our producing Moss Mine Central Pit.
Drilling discovered an unexpectedly thick stockwork mineralized area surrounding the Ruth Vein; specifically hole AR20-315R returning an interval of 109.8 meters from 184.5 meters to the bottom of the hole @ 0.79 gpt gold and 24.40 gpt silver including intervals of 15.25 meters of 1.75 gpt gold and 41.10 gpt silver and 15.25 meters @ 1.85 gpt gold and 85.10 gpt silver.
Two RC drill rigs are currently supporting the multi-phased exploration and resource expansion program.
Ruth Vein high-grade intercepts are typical of mineralized shoots mined in the Oatman District.
Posted By : Yogender Pancholi on Fri, 23 Oct 2020