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MINING PEOPLE: Kirkland Lake Gold, Maple Gold, SSR Mining, Teck - Canadian Mining Journal

Kirkland Lake Gold has announced management moves.
Natasha Vaz has been promoted to the COO role and most recently served as senior VP of technical services, technology and innovation.
Jennifer
Wagner has been promoted to executive VP of corporate affairs and sustainability.
Jason Neal has also joined the company as executive VP, responsible for corporate development, business improvement, capital projects and investor relations. Neal most recently served as president and CEO of TMAC Resources.
Kiran Patankar has been named senior VP of growth strategy with
Maple Gold Mines.
Mojave Gold.
Kenneth Berry has stepped down as president and CEO but will remain a director. ....

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Northern Vertex Reports Revenue of US$23.4 Million and Production of 12,401 Gold Equivalent Ounces for Quarter Ending December 31, 2020

Mine Plan Sequencing from center pit to west pit
During the quarter, mining operations transitioned from the centre pit into the west pit, where bulk disseminated stockworks dominate. This transition enabled higher tonnage mining rates and more favourable strip ratios that are expected to lead to lower costs and lower cut-off grades as compared to the narrow-vein mining previously conducted in the centre-pit.
Cash Position
The Company s cash position of $8.3 million at December 31, 2020 is expected to be augmented by the C$22.6 million financing announced by Northern Vertex and Eclipse Gold in connection with the merger of Northern Vertex and Eclipse Gold (see press release dated January 14, 2021). Subject to the satisfaction of certain conditions, the merger between Northern Vertex and Eclipse Gold is expected to close on February 12, 2021. ....

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Northern Vertex Mining : Reports Revenue of US$23.4 Million and Production of 12,401 Gold Equivalent Ounces for Quarter Ending December 31, 2020

VANCOUVER, BC, Jan. 18 , 2021 /PRNewswire/ - Northern Vertex Mining Corp. is pleased to announce revenue of $23.4 million and production of 12,401 gold equivalent ounces for the. | January 19, 2021 ....

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Eclipse Gold Closes C$22.6 Million Financing in Connection With Merger Transaction with Northern Vertex

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VANCOUVER, BC, Jan. 14, 2021 /PRNewswire/ -
Eclipse Gold Mining Corp. ( Eclipse ) (TSX.V:EGLD, OTC:EGLPF) and Northern Vertex Mining Corp. ( Northern Vertex ) (TSX.V:NEE, OTC-NASDAQ Intl: NHVCF) are pleased to announce that, further to the companies press release dated December 7, 2020 and the Eclipse press release dated December 15, 2020, Eclipse has successfully closed its previously announced private placement, issuing 45,119,000 subscription receipts (the
Subscription Receipts ) at a price of C$0.50 per Subscription Receipt for gross proceeds of C$22,559,500 (the
Offering ). The Offering was conducted by a syndicate of agents led by Stifel GMP, and including Canaccord Genuity Corp., Raymond James Ltd., Beacon Securities Ltd. and P.I. Financial Corp. (collectively, the ....

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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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