“The Moss Mine Gold/Silver Project Scheduled for Production in Q4, 2017”
June 20, 2017, Vancouver, B.C. - Northern Vertex Mining Corp. (TSX.V:NEE) (the “Company” or “Northern Vertex”) is pleased to provide the following update on construction activities at its 100% owned Moss Mine project located near Bullhead City, Arizona.
Kenneth Berry, President and CEO, stated: “Under the guidance of Dr. David Stone (Project Manager), Joseph Bardswich, P.Eng (President, Golden Vertex), M3 Engineering, Golder and Associates and N.A. Degerstorm, we continue to achieve considerable progress at the Moss Gold/Silver Mine and significantly de-risk the project both technically and financially. Additional, key contracts recently awarded demonstrate the ongoing progress toward our goal of pouring gold in Q4, 2017.”
Key Contracts Recently Executed
- Concrete contract was awarded to Great Basin Industrial of Kaysville, UT
- Heap leach civil works was awarded to N.A. Degerstrom of Spokane, WA
- Heap leach and pond liner installations awarded to American Environmental Group of Richfield, OH
- Heap leach and pond liners have been purchased from Agru America of Fernley, NV
- Diesel generators have been purchased from Empire Cat of Mesa, AZ
- Overland conveyor, grasshopper conveyors and radial stacker purchased Superior Industries of Prescott, AZ
Advancing the Moss Mine – Construction Progress
Site Civil Works Complete
The project site has seen a significant transformation in the past few months with the completion of the site civil works for the crusher pad, ROM pad, laydown yard, Merrill Crowe facility, and ancillary roads. This work was performed by N.A. Degerstrom of Spokane, WA.
The concrete contractor is expected to mobilize within the next 2 weeks. The concrete works encompass the Merrill Crowe and Refinery facilities, the crusher foundations, and the diesel power station.
Heap Leach Civil Works
The heap leach earthworks commenced in early June and clearing and grubbing operations in the leach pad are well underway. Excavation and fill for grading in the West Event pond is essentially complete and this area is ready to receive liners. The focus at present is site grading in the western portion of the leach pad to be ready to receive liner in mid-July.
Lining of the West Event pond is expected to commence in early July when the first liner shipments are received. Portions of the heap leach pad will be ready for lining by mid-July. The current schedule shows completion of the leach pad and pond liners by early September.
Crushing Plant Fabrication and Delivery Confirmed
The Company is also pleased to report that Goodfellow Crushers and their partners KPI/JCI are making excellent progress on the fabrication of the Moss crushing plant. The initial plant components are scheduled for delivery in mid-July, with the final components on site by mid-August.
Powerline & Access Road ROW Progress
Two Right of Way (ROW) permit applications were submitted to the BLM for construction of a power-line partially on Federal Lands, and for eliminating vertical and horizontal curves and blind spots on the Moss Mine Access Road by widening onto adjacent Federal lands. Both permit applications were deemed complete by the Kingman office of the BLM and an inter-disciplinary team meeting has been scheduled for early July. The applications will be reviewed by the BLM team and items of environmental concern will be identified and then assessed for potential impacts. The major factors driving the applications are the elimination of diesel emissions to the atmosphere from on-site generators, and the increase in traffic safety for persons using the public County Access Road.
The applications were supported by a preliminary power-line design by Amec Foster Wheeler, Phoenix, AZ office and completed road reconstruction plans by Civil Works Engineering LLC of Kingman, Az. Mohave County Engineering Dept has approved the road re-construction plans and both City and County Engineering have approved in principle the powerline design concept.
Sale of Waste Rock
The sale of mine waste rock for use as concrete aggregates has commenced in partnership with Tri-R Construction of Mohave Valley, Arizona. At present Tri-R is hauling 500 tons per day to a local concrete supplier, and the demand is growing for use as riprap and other commercial uses.
The foregoing technical information contained in this news release has also been reviewed and verified by Mr. Joseph Bardswich, P.Eng., General Manager - Moss Project, and a Qualified Person (“QP”) for the purpose of National Instrument 43-101 (Disclosure Standards for Mineral Projects).
About Northern Vertex
Northern Vertex Mining Corp. is an exploration and mining company focused on the reactivation of its 100% owned Moss Mine Gold/Silver Project located in NW Arizona, USA. The Company’s management comprises an experienced management team with a strong background in all aspects of acquisition, exploration, development, operations and financing of mining projects worldwide. The Company is focused on working effectively and respectfully with our stakeholders in the vicinity of the historical Moss Mine and enhancing the capacity of the local communities in the area.
ON BEHALF OF THE BOARD OF NORTHERN VERTEX
"Kenneth Berry "
President & CEO
For further information, please visit www.northernvertex.com
or contact Investor Relations at: 604-601-3656 or at 1-855-633-8798.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release contains statements about our future business and planned activities. These are “forward-looking” because we have used what we know and expect today to make a statement about the future. Forward-looking statements including but are not limited to comments regarding the timing and content of upcoming work and analyses. Forward-looking statements usually include words such as may, intend, plan, expect, anticipate, believe or other similar words. Forward-looking statements are necessarily based upon a number of factors and assumptions that, while considered reasonable by the Company as of the date of such statements, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Many factors, known and unknown, could cause actual results to be materially different from those expressed or implied by such forward-looking statements. We believe the expectations reflected in these forward-looking statements are reasonable. However, actual events and results could be substantially different because of the risks and uncertainties associated with our business or events that happen after the date of this news release. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date made. As a general policy, we do not update forward-looking statements except as required by securities laws and regulations. US investors should be aware that mining terminology used for Canadian mineral project reporting purposes differs significantly from US terminology.
2017 number 15