Resource Expansion Drilling Continues To Intersect Elevated Gold And Silver Mineralization At Moss Mine


VANCOUVER - Northern Vertex Mining Corp. reported recent results from its multi-phase infill and resource expansion drilling program at the Moss Mine in NW Arizona. Specifically, results reported today are from drilling targeting the Moss and Ruth veins, as well as the intersection between these veins at depth below the Center and East pits.

President, Michael G. Allen, said, "Our exploration program has identified several near mine and even intra-mine opportunities which are being drilled.  This tranche of drillholes highlights significant zones of high grade and disseminated mineralization being delineated in an undrilled portion of the Moss Mine between the Center and East Pit.  Our examination of the data has identified another undrilled area between the Center Pit and West Pit which will be tested shortly.  The drilling announced today and over the past several weeks supports our thesis that Moss could be a significant long-life precious metals mine.  Resources in the West Pit appear to be limited by a lack of drilling, not geology, and additional drilling may yield further discoveries adding to the near-term opportunities for resource expansion."

Highlighted Results: 38.10 meters grading 1.43 g/t gold and 19.22 g/t silver, including 15.24 meters grading 2.90 g/t gold and 36.59 g/t silver in drillhole AR21-458R, targeting the Moss-Ruth intersection below the highwall between the current Center and East pits; 22.86 meters grading 1.48 g/t gold and 6.21 g/t silver, including 4.57 meters grading 3.33 g/t gold and 2.23 g/t silver for the Ruth vein in drillhole AR20-373C; Broad intervals of gold and silver mineralization were obtained from several drillholes targeting the Moss-Ruth intersection, including: 195.07 meters grading 0.40 g/t gold and 5.54 g/t silver, including 15.24 meters grading 2.14 g/t gold and 20.45 g/t silver in drillhole AR21-452R, plus 68.70 meters grading 0.45 g/t gold and 9.38 g/t silver, including 9.20 meters grading 1.23 g/t gold and 30.66 g/t silver and 6.10 meters grading 1.43 g/t gold and 27.13 g/t silver in drillhole AR21-454C, and 67.06 meters grading 0.54 g/t gold and 8.13 g/t silver, including 4.57 meters grading 1.22 g/t gold and 17.83 g/t silver and 18.29 meters grading 0.96 g/t gold and 17.59 g/t silver in drillhole AR21-459R.

Drilling results continue to indicate the presence of significant gold and silver mineralization in the Ruth vein, with intersections presented here occurring within 70 meters of the south wall crest of the existing mining operations. Moss-Ruth intersection drilling results continue to indicate the presence of gold and silver mineralization below the Center and East pits; mineralization was intersected at elevations ranging from the current base of our deepest pit down to depths of almost 200 meters below this level.  Similar mineralization intersection depths were noted in our News Release dated 10 June 2021.

The Moss and Ruth veins are fault-hosted epithermal quartz-calcite veins with associated vein stockwork that are younger than and cut across the Moss quartz monzonite porphyry host rock in the vicinity of the mine. The Moss vein strikes slightly north of east and dips to the south. Locally, the Moss vein develops a more northerly strike. The Ruth vein is sub-parallel to, and dips towards, the Moss vein. The two veins intersect at depths of between 180 meters and 230 meters below the current surface.