LIVE Gold Prices $  | E-Mail Subscriptions | Update GoldSeek | GoldSeek Radio 

Commentary : Gold Review : Markets : News Wire : Quotes : Silver : Stocks - Main Page 

 GoldSeek.com >> News >> Story  Disclaimer 
 
Latest Headlines

GoldSeek.com to Launch New Website
By: GoldSeek.com

Is Gold Price Action Warning Of Imminent Monetary Collapse Part 2?
By: Hubert Moolman

Gold and Silver Are Just Getting Started
By: Frank Holmes, US Funds

Silver Makes High Wave Candle at Target – Here’s What to Expect…
By: Clive Maund

Gold Blows Through Upside Resistance - The Chase Is On
By: Avi Gilburt

U.S. Mint To Reduce Gold & Silver Eagle Production Over The Next 12-18 Months
By: Steve St. Angelo, SRSrocco Report

Gold's sharp rise throws Financial Times into an erroneous sulk
By: Chris Powell, GATA

Precious Metals Update Video: Gold's unusual strength
By: Ira Epstein

Asian Metals Market Update: July-29-2020
By: Chintan Karnani, Insignia Consultants

Gold's rise is a 'mystery' because journalism always fails to pursue it
By: Chris Powell, GATA

 
Search

GoldSeek Web

 
Northern Vertex Reports on 2017 Milestones and 2018 Strategic Goals

 -- Published: Tuesday, 2 January 2018 | Print  | Disqus 

VANCOUVER, Jan. 2, 2018 /PRNewswire/ - Northern Vertex Mining Corp. (NEE.V) (OTC Nasdaq Intl.: NHVCF) (the "Company" or "Northern Vertex") is pleased to report on key milestones achieved for 2017 and strategic goals for 2018 both for the Company and for its Moss Mine located in the Oatman District in NW Arizona, USA.

Dear Shareholders,
The past year has been transformative for Northern Vertex as we achieved numerous milestones positioning the Moss Mine as "America's Next Gold Producer".

Milestones achieved in 2017:

  • Surpassed 80,000 Construction Man Hours without a lost time accident at the Moss Mine Site
  • Ended the year with a 68% increase in share price
  • Strengthened Management and Board of Directors
  • Negotiated financial partnerships for construction and working capital:
  • Obtained final permits for commercial mining at Moss
  • Drilled additional water wells to confirm Moss Mine capacity exceeds peak demand
  • Completed Preliminary Economic Assessment projecting a 10-year mine life at Moss
  • Appointed Bud Hillemeyer and Perry Durning as Advisors, two of mining's most successful & awarded geologists
  • Signed key operational team members, William Martinich, Mark Gorman, and Kesler Morris
  • Completed mechanical assembly of Crushing Plant, Conveyors, Heap Leach Pad and Merrill Crowe
  • Implemented a corporate culture that focuses on team work and respect for all stakeholders

During the coming year, we will continue to operate with a sense of urgency and focus. We fully expect the successful execution of our goals will positively impact shareholder value.

Strategic Goals for 2018:

  • Complete commissioning and commence operations of Moss Mine
  • Pour First Gold/Silver Dore bars in Q1
  • Sell aggregate throughout Tri-States area (AZ, CA, NV)
  • Install "Clean Electrical Power" (reducing 5,600 gal. diesel per day & saving US$10,000 per day)
  • Exceed Feasibility Study expectations
  • Aggressively pursue US Consolidation
  • Initiate District Wide Exploration Targeting 1 million oz + Gold/Silver.
  • Pay down debt from cash flow
  • Increase market awareness and shareholder base
  • Increase analysts coverage
  • Target production profile of 150,000 oz+ per year through M&A and organic growth

In closing, I would like to thank our shareholders and stakeholders for their continued support. I would also like to commend our employees, contractors and consultants for their team work and commitment to the Moss Mine project.

Sincerely,

"Ken Berry"
President & CEO

About Northern Vertex
Northern Vertex Mining Corp. is an exploration and mining company focused on the reactivation of its 100% owned Moss Mine Gold/Silver Project located in NW Arizona, USA. To the best of management's knowledge, Northern Vertex is the next publicly traded company to initiate gold and silver production, scheduled for Q1 2018, in the USA. The Company's management comprises an experienced management team with a strong background in all aspects of acquisition, exploration, development, operations and financing of mining projects worldwide. The Company is focused on working effectively and respectfully with our stakeholders in the vicinity of the historical Moss Mine and enhancing the capacity of the local communities in the area.

Click the following link to viewhttps://northernvertex.com/projects/photo-gallery/

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements: 
This news release contains statements about our future business and planned activities. These are "forward-looking" because we have used what we know and expect today to make a statement about the future. Forward-looking statements including but are not limited to comments regarding the timing and content of upcoming work and analyses. Forward-looking statements usually include words such as scheduled, may, intend, plan, expect, anticipate, believe or other similar words. Forward-looking statements are necessarily based upon a number of factors and assumptions that, while considered reasonable by the Company as of the date of such statements, are inherently subject to significant business, economic and competitive uncertainties and contingencies.  Many factors, known and unknown, could cause actual results to be materially different from those expressed or implied by such forward-looking statements.  We believe the expectations reflected in these forward-looking statements are reasonable. However, actual events and results could be substantially different because of the risks and uncertainties associated with our business or events that happen after the date of this news release. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date made. To the best of management's knowledge, Northern Vertex is the next publicly traded company to initiate gold and silver production scheduled for Q1 2018 in the USA. As a general policy, we do not update forward-looking statements except as required by securities laws and regulations.  US investors should be aware that mining terminology used for Canadian mineral project reporting purposes differs significantly from US terminology.

 


| Digg This Article
 -- Published: Tuesday, 2 January 2018 | E-Mail  | Print  | Source: GoldSeek.com

comments powered by Disqus







 



Increase Text SizeDecrease Text SizeE-mail Link of Current PagePrinter Friendly PageReturn to GoldSeek.com

 news.goldseek.com >> Story

E-mail Page  | Print  | Disclaimer 


© 1995 - 2019



GoldSeek.com Supports Kiva.org

© GoldSeek.com, Gold Seek LLC

The content on this site is protected by U.S. and international copyright laws and is the property of GoldSeek.com and/or the providers of the content under license. By "content" we mean any information, mode of expression, or other materials and services found on GoldSeek.com. This includes editorials, news, our writings, graphics, and any and all other features found on the site. Please contact us for any further information.

Live GoldSeek Visitor Map | Disclaimer


Map

The views contained here may not represent the views of GoldSeek.com, Gold Seek LLC, its affiliates or advertisers. GoldSeek.com, Gold Seek LLC makes no representation, warranty or guarantee as to the accuracy or completeness of the information (including news, editorials, prices, statistics, analyses and the like) provided through its service. Any copying, reproduction and/or redistribution of any of the documents, data, content or materials contained on or within this website, without the express written consent of GoldSeek.com, Gold Seek LLC, is strictly prohibited. In no event shall GoldSeek.com, Gold Seek LLC or its affiliates be liable to any person for any decision made or action taken in reliance upon the information provided herein.