Latest News

Nov 28, 2014
Northern Vertex Files First Quarter Fiscal 2015 Financial Results  read more
Nov 18, 2014
Northern Vertex Amends Warrant Expiry Date  read more
Nov 17, 2014
Northern Vertex Updates Mineral Resource Estimate For Use In Moss Mine Project Feasibility Study Current...  read more
Oct 28, 2014
Northern Vertex Files Year-End Fiscal 2014 Financial Results Gold Recoveries to Dore Reach 82%  read more

Welcome to Northern Vertex Mining Corp.

  • Northern Vertex Mining Corp. is a Canadian based exploration and mining company focused on the reactivation of the Moss Mine Gold-Silver Project located in NW Arizona, USA.
  • The Company is earning into a 70% property interest Joint Venture Option Agreement with Patriot Gold.
  • The Moss Gold-Silver deposit is an epithermal, brecciated, low sulphidation quartz-calcite vein and stockwork system which extends over a strike length of 1,400 meters and has been drill tested to depths of 370 meters vertically.
  • The Moss Mine Project is a potential heap leach, open pit, project being advanced to the Feasibility Study stage currently targeted for completion in Q2 2015.
  • Technical, economic, permitting and funding requirements will be met prior to proceeding with the development of a mine.
  • 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.

 Moss Mine Gold-Silver Project Update:

  • PEA outlined excellent economic potential for a 5000 tpd, 42,000 AuEq oz/yr open pit operation1:
    • IRR of 88%
    • Payback of 1.5 years
    • NPV @5% $82 million
    • Capital Expenditures $26.6 million
    • Capital/average annual oz AuEq production $633/oz
    • Cash Costs/oz AuEq $490/oz
  • Phase I - Pilot Plant operations complete
    • 110,000 tonnes successfully mined, crushed, agglomerated and heap leached
    • gold recovery rates 82% which exceed expectations in the Preliminary Economic Assessment
  • Updated Resource Model provides robust foundation for Feasibility Study.
  • Feasibility Study targeted for completion in Q2 2015
  • Site exploration activities ongoing - encouraging results to date.

1Pre-tax, pre-royalty@$1300 per oz Au & $26 per oz Ag. Pre-tax, pre-royalty@$1300 per oz Au & $26 per oz Ag. Pre-tax, pre-royalty@$1300 per oz Au & $26 per oz Ag.The preliminary economic assessment is preliminary in nature, and includes inferred mineral resources that are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as mineral reserves. There is no certainty that the preliminary economic assessment will be realized.

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NEE: TSX-V
Last: $0.15

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