Northern Vertex Capital has reported further results of six holes from the 27,000 ft drilling at the Moss gold-silver project, which is located in the former Oatman Mining district, Northwestern Arizona.
The Company has announced that the received assays from the holes 16 through 21 show the encountered grades and widths are well-matched with and build on the past drilling results, where the company has reported 1+ g gold at 30 to 50 m intervals. The recent drilling results confirm additionally and build on the reported results from May and June, 2011 for the initial 15 holes of the phase 1 drilling program.
The Chief Geologist of the company has stated that the grades and breadths obtained from the latest six drill holes at Moss, which contains 6+ g/t gold equivalent over 13.1 m in the hole AR-69C. The company has a robust stockwork system and the gold distribution confirms that it is consistent along and across a strike of 5,000 ft. The results received so far continues to assist the three initial goals of the recent drilling program in order to validate, develop and expand the epithermal gold-silver system at the Moss project.
The company will employ this phase 1 drilling results in combination with the 305 holes drilled formerly at the property, to estimate a NI 43-101 compliant indicated resource.