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Northern Vertex Settles Minor Dispute With Previous Mining Contractor


Northern Vertex Settles Minor Dispute With Previous Mining Contractor
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Northern Vertex Mining Corp. (TSXV: NEE) (OTC: NHVCF) (Nasdaq: NHVCF) (Intl.: NHVCF)
 (the Company or Northern Vertex ) reports that the Company has settled a contract with the prior open pit mining contractor at the Moss mine.
Golden Vertex Corp., the Company s wholly-owned subsidiary, has entered into an agreement and mutual release on December 23, 2020 with M.C. Donegan, LLC (
MCD ), a contractor that provided drilling and blasting services to Golden Vertex. In exchange for a full release, Golden Vertex will pay MCD US$250,000; and issue 365,100 common shares in the capital of the Company (the Settlement Shares ) at a deemed price of $0.53 per Settlement Share for a total consideration of $US 400,000. The issuance of the Settlement Shares is subject to the approval of The TSX Venture Exchange. The Settlement Shares will be subject to a statu ....

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Northern Vertex Drills Further Widespread Mineralized Intercepts Along The Ruth Vein, Parallel to Moss Mine Open Pit


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Highlights:
15.25 meters @ 3.35 g/t gold and 23.09 g/t silver within 33.55 meters @ 1.83 g/t gold and 13.49 g/t silver in hole AR20-350R
1.5 meters @ 8.74 g/t gold and 80.10 g/t silver in hole AR20-322R, which is 183 meters east of AR20-350R
3.0 meters @ 3.82 g/t gold and 56.0 g/t silver in hole AR20-321R, which is 457 meters east of AR20-350R
Results are from the Ruth vein, 160 meters south of, and parallel to, Moss Mine open pit
VANCOUVER, BC, Dec. 10, 2020 /CNW/ -
 Northern Vertex Mining Corp. (TSXV:NEE) (OTC Nasdaq Intl.: NHVCF)
(the Company or Northern Vertex ) is pleased to announce recent drill results from its multi-phase drilling and resource expansion program (the Program ) at the Moss Mine in NW Arizona.  The most notable results are set out above and are taken from 37 new reverse circulation(RC) drill holes from the Ruth vein area, which hosts multiple high-grade zones within larger zones of typical Moss Mine bulk-tonnage g ....

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