First Gold Pour At The Moss Mine

VANCOUVER - Northern Vertex Mining Corp. reported its First Gold Pour at the Moss Mine in NW Arizona. President and CEO, Kenneth Berry said, "The first gold pour at the Moss Mine is an exciting milestone for all. The transition to US Gold Producer is the culmination of six years of development, millions in economic activity and a dedication to safety with more than 1,967 days without a lost time accident. Furthermore, the commitment of up to US$100 Million by our partner Sprott for acquisitions and development positions Northern Vertex to aggressively pursue our goals for 2018."

Narinder Nagra, Managing Partner of Sprott, said, "As one of the largest investors dedicated to the natural resource sector, Sprott is excited to continue its partnership with Northern Vertex on future acquisitions and developments.  Our partnership with the Northern Vertex team is consistent with our strategy of providing innovative and flexible capital to maximize the value of exceptional projects."

The Moss Mine US$20M Senior Secured Credit Facility, Sprott Lending has agreed to provide access for up to US$100 million in financing for future development projects and acquisitions. The agreement provides that in the event of: (i) a proposed acquisition of a new project or entity; or (ii) the expansion of any existing project, the parties will enter into good faith negotiations regarding the terms of financing of up to US$100 million. The Development and Acquisition Facility is subject to, among other items, documentation and approval by Sprott's investment committee.