Vancouver, B.C. - Northern Vertex Capital Inc. (TSX.V:NEE) ("Northern Vertex") is pleased to announce effective immediately, senior consulting Engineer Joe Kircher, B.S. Mining Engineering, has been retained to spearhead the project development, feasibility and permitting process for the Company's Moss Gold-Silver project in Mohave County, Northwestern Arizona.
Mr. Kircher brings Northern Vertex over 25 years of experience building and operating mines in North America. He has held numerous top level executive positions at both senior and junior mining companies, including Chief Operating Officer, Vice-President Operations and General Manager. Mr. Kircher has extensive development and operating expertise from working at both open-pit and underground mines, with the design and construction of numerous mining complexes to his credit.
Stated Northern Vertex Director Joe Bardswich "We are very pleased to welcome Joe Kircher aboard to spearhead the development of the Moss Gold-Silver project. Joe is a proven operations, management and mine development expert that brings Northern Vertex an exemplary, multi-disciplined track record developing mine complexes from the ground up."
Most recently, while serving as Vice President and COO of Nevada Copper Corp, Mr. Kircher played an integral role in expanding the resource base of the Pumpkin Hollow Copper/Gold Project by 50% to 9.3 billion pounds of copper and 1.5 million ounces of gold. Concurrent with the successful expansion program, he was instrumental in the completion of requisite economic scoping studies and advancing the regulatory permitting process on the project to the commencement stage of a definitive feasibility study on a projected 60,000 tpd integrated open pit/underground copper/gold operation.
While serving as General Manager for Kinross Gold Corporation, he developed and executed business plans for a diverse portfolio of eight gold/silver mine operations in various stages of residual production and restoration. Mines included the Candelaria, Sleeper, Haile, Delamar, Hayden Hill and QR. During his tenure at Kinross he was responsible for an annual budget of $12 million and 100 full time and 50 contract employees. While serving in the capacity of Vice President, Operations for Dakota Mining Corporation, he was responsible for an annual budget of $20 million, 175 personnel and gold production totaling 80,000 ounces per year, from three open pit-heap leach mines.
As Vice President, Operations for Consolidated Nevada Goldfields, Mr. Kircher successfully directed and implemented long and short-term business plans at four mine locations, including two underground and two open pit mines. His responsibilities included overseeing an annual operating budget of $20 million and 120 personnel.
A graduate of the Mackay School of Mine's in Reno, Nevada in 1981, Mr. Kircher is the recipient of three National and State "Excellence in Reclamation" awards for outstanding accomplishments.
About Northern Vertex is a gold exploration and development company operating principally in Arizona, U.S.A. and British Columbia, Canada. The Company comprises an experienced management group with a strong background in all aspects of acquisition, exploration, development and financing of precious metal mining projects. Northern Vertex controls majority interests, subject to royalties, in 3 emerging gold prospects strategically located within productive mineral trends in Arizona and British Columbia. The Company's stated mandate is to acquire, develop and advance asset based precious metal projects that demonstrate near term production potential and long-term sustainable growth.
ON BEHALF OF THE BOARD OF NORTHERN VERTEX
"Joseph Bardswich"
Director
For further information, please contact
Colin Clancy at Telephone: 604-601-3656
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or the accuracy of this release.
Cautionary Note to US Investors:This news release may contain information about adjacent properties on which we have no right to explore or mine. We advise U.S. investors that the SEC's mining guidelines strictly prohibit information of this type in documents filed with the SEC. U.S. investors are cautioned that mineral deposits on adjacent properties are not indicative of mineral deposits on our properties. This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.