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Northern Vertex Phase II Drilling Program Returns 1.5 gpt Gold Over 10 Meters and 9.3 gpt Gold Over 2 Meters at Copley Gold Project in Central British Columbia

Mar 22, 2012  Share:  Share on Facebook   Share on Twitter   Share on Google Plus   Share on LinkedIn

Vancouver, B.C. - Northern Vertex Mining Corp. (TSX.V:NEE)(OTCQX:NHVCF) ("Northern Vertex") is pleased to announce results from its phase II, 1200 meter drill program on the Copley Property, located the Nechako region of central British Columbia.

States Northern Vertex Chief Geologist, Dr. Bob Thompson. "Results from drilling on Copley's Smoking Pipe target indicate that the 10 meter intersection grading 1.5 gpt gold in hole C6-01 is a lateral extension of the 33 meter intersection encountered during the 2011 phase 1 drill program that intersected 0.271 gpt gold in hole 01-04, including 5.6m averaging 0.68 gpt gold and 1.4m averaging 1.57 gpt gold. (See NEE News Release, March 2, 2011)." Dimensions of the zone are, at minimum, 150 m by 100m, remaining open to the south, west and north. The zone, which was encountered by 10 of the 12 holes drilled, dips to the west with gold values suggesting grades are increasing to the northeast. Equally encouraging to the gold values received, step out drilling encountered a significant volume of hydrothermal breccia, suggesting extreme fluid-vapor flow extending from the zone."

The Company further reports the strengthening northeast mineralized trend, indicated from Phase II drilling, is on strike with a second exposed surface showing situated approximately 800 meters away from the Smoking Pipe target.

Drilling follows results from previous exploration on Copley that demonstrated it is a large gold-bearing epithermal system measuring 7 km x 2 km wide within the 2,926 hectare property. The previous sampling program traced extensive areas of gold mineralization on surface, including one prospective area measuring 55m x 140m. 11 sample sites returned values greater than 1 gpt gold, including one at 14 gpt gold. 23 additional sites returned values between 0.05 and 1.0 gpt gold in only one of several gold-bearing zones identified thus far.
Hole
ID
From
(m)
To
(m)
Interval
(m)
Au
(gpt)
Au
(ppb)
Cu
(ppm)
Pb
(ppm)
Zn
(ppm)
Mo
(ppm)
C4-0212.0014.002.001.891885312466655
C4-0286.0088.002.009.2792713519328035
C4-0367.0071.004.000.383822763541
C5-013.859.005.150.58584831271
incl.3.855.001.151.501501542571
C5-0150.0051.001.001.52151623131
C5-0217.0028.0011.000.191867711991
incl.22.0023.001.000.99992936113562
C5-037.7332.0024.270.2221929761001
incl.9.0011.002.000.959462734251
C5-044.165.331.170.7070034271450
C5-0427.0037.0010.000.121201785855
C5-0520.0021.001.000.74740416291
C6-0111.3322.0010.671.51150763295816
incl.11.3315.003.672.572573938323
incl.17.0022.005.001.28128297237332
C6-0213.1325.0011.870.8383510414723
incl.13.1315.001.872.6626579664522
incl.18.0022.004.000.919079416224
C6-0318.0031.0013.000.69695101212477
incl.18.0027.009.000.919091115528102
incl.18.0020.002.001.101098222473725
incl.24.0026.002.001.99199191081860
C6-0418.0030.0012.000.28275391665427
*Assuming 100% Metallurgical Recovery

The geological disclosure in this press release has been reviewed and verified by Northern Vertex's Chief Geologist, Dr. Bob Thompson, PhD, P.Eng. (a qualified person for the purpose of National Instrument 43-101, Standards of Disclosure for Mineral Projects).

All analyses were performed by ACME Laboratories Inc., Vancouver, using industry standard protocols.

For full QC/QA procedures please visit www.northernvertex.com/QCQA.html

Northern Vertex is a gold exploration and development company operating principally in the United States and 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. The Company's stated mandate is to acquire, develop and advance asset-based gold 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 visit www.northernvertex.com
Or Telephone: 604-601-3656 Toll Free 1-855-633-8798

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.