Advertise | Bookmark | Contact Us | E-Mail List |  | Update Page | UraniumSeek.com 

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

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

Gold Seeker Closing Report: Gold and Silver Edge Lower While Stocks Gain
By: Chris Mullen, Gold Seeker Report

Gold Resource Corporation Declares April Monthly Dividend
By: Gold Resource Corporation

Jack Chan's Weekly Precious Metals Update
By: Jack Chan

Earnings: The Big Sucker Play
By: Clive Maund

GoldSeek Radio Nugget: Chris Powell and Chris Waltzek
By: radio.GoldSeek.com

Have You Not Yet Learned - Just Buy The Dip!
By: Avi Gilburt

Camino Continues to Expand Adriana Zone with Northwest Step Out Drilling
By: Camino Minerals Corporation

When Investor Psychology Turns Dark, All News Is Bad News
By: John Rubino

Gold Price Increasingly Influenced By Declining Dollar Rather Than Interest Rates
By: GoldCore

Gold Seeker Closing Report: Gold and Silver Fall Roughly 1%
By: Chris Mullen, Gold Seeker Report

 
Search

GoldSeek Web

 
Northern Vertex Commences Stacking Ore on Heap Leach Pad in Anticipation of First Gold Pour at Moss Mine Located in NW Arizona

 -- Published: Tuesday, 6 February 2018 | Print  | Disqus 

February 6th, 2018,Vancouver, B.C. - Northern Vertex Mining Corp. (TSX.V: NEE)(OTC Nasdaq Intl.: NHVCF)(the "Company" or "Northern Vertex") is pleased to announce that it has commenced stacking ore on the newly completed leach pad at the Moss mine. Approximately 7,800 tons of ore have been stacked to date, and production is ramping up towards an initial stacking rate of 2,500 tpd. All of the crushing plant components have been tested and commissioned and the crushing plant is operating on day shift.

Kenneth Berry, President and CEO, stated: "We are delighted for shareholders to see the tons of ore on the pad. The cohesive team work of our operations staff and their performance is encouraging. Commissioning continues at the Moss Mine as we prudently ramp-up our stacking rate initially to 2,500 tpd and then to 5,000 tpd. As piping on the heap leach pad has commenced and the refinery furnace is to be commissioned next week, we look forward to reporting our first gold pour." 

OPERATIONAL HIGHLIGHTS INCLUDE:

Crushing Plant

  • Successful start-up and commissioning being executed
  • High of 600 tph through crusher versus nameplate capacity of 336 tph, 7800 tons total week-to-date.

Merrill Crowe Processing Plant

  • Commissioning continues and piping on pad has commenced
  • Processing through plant to commence in 10 days
  • On site assay laboratory now operational and refinery furnace to be commissioned next week

Powerstation

  • Site powerstation now online
  • Overhead power being supplied to Crushing Plant and Merrill Crowe Processing Plant

Mining

  • Pioneering top of Hill #1 continues and moving to the east side of Hill #2
  • Work continues to expand level ground at ROM pad for stockpiling requirements
  • Mining Contractor NA Degerstrom continues to optimize 12-monthproduction schedule

Qualified Person
The foregoing technical information contained in this news release has been prepared in accordance with the Canadian regulatory requirements set out in National Instrument 43-101 (Standards for Disclosure for Minerals Projects) and reviewed on behalf the Company by James McDonald, P.Geo & Director for Northern Vertex, a Qualified Person.

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.

For further information, please visit www.northernvertex.com
or contact Investor Relations at: 604-601-3656 or at 1-855-633-8798.
Click the following link to view: https://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, 6 February 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 - 2017



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

The views contained here may not represent the views of GoldSeek.com, its affiliates or advertisers. GoldSeek.com 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, is strictly prohibited. In no event shall GoldSeek.com or its affiliates be liable to any person for any decision made or action taken in reliance upon the information provided herein.