Highlights

  • 36.58 m grading 1.46 g/t gold (Au) and 35.10 g/t silver (Ag), including 15.24 m grading 2.05 g/t Au and 52.38 g/t Ag at the interpreted intersection between the Moss and Ruth veins in drillhole AR21-410C.
  • 30.85 m grading 1.65 g/t Au and 34.25 g/t Ag, including 6.10 m grading 3.83 g/t Au and 81.85 g/t Ag for the Moss veinin drillhole AR21-411C.
  • 8.23 m grading 3.22 g/t Au and 18.10 g/t Ag for the Ruth vein in drillhole AR21-414C.
  • Drilling indicates the potential for significant mineralisation at depths ranging between 20 – 170 m below the current base of the deepest pit, with all drillholes in this area intersecting gold and silver mineralisation.

Northern Vertex President, Michael G. Allen, commented “We are currently only mining along 1500 m of the approximately 6000 m strike length of the Moss vein traceable on surface. All recent drilling results support our thesis that there is additional resource expansion potential along strike of, and at depth beneath, the Moss Mine. Additionally, our view is that the regional opportunity is also significant, which is why we permitted over 500 new drill sites and are methodically drilling the highest priority sites right now.”

Northern Vertex Vice President of Exploration, Warwick S. Board commented, “The presence of high-grade gold and silver mineralization in the Moss and Ruth veins, and the intersection between them represents an exceptional opportunity for resource expansion at depth at the Moss mine, particularly in the highwall area between the Center and East pits. To this end, additional infill drilling targeting the veins and their intersection below the current mine has been planned and is in progress. We eagerly await the results from this drilling, which will be released in due course.”