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Northern Vertex Mining Corp. Announces Effective Date for Share Consolidation and Name Change

Northern Vertex Mining Corp. Announces Effective Date for Share Consolidation and Name Change
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Northern Vertex Mining Corp. Announces Effective Date for Share Consolidation and Name Change

Northern Vertex Mining Corp. Announces Effective Date for Share Consolidation and Name Change
prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.

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Northern Vertex Identifies 45 New Targets for Exploration at Hercules Gold Project, Nevada

Northern Vertex Identifies 45 New Targets for Exploration at Hercules Gold Project, Nevada
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Northern Vertex Mining Corp. (TSXV: NEE) (OTC Nasdaq Intl.: NHVCF)
(the Company or Northern Vertex ) a U.S.-focused gold producer with district-scale exploration projects in the Walker Lane Trend is pleased to report highlights of a recent airborne geophysical survey at its Hercules Gold Project in Lyon County, Nevada.
Survey Highlights
Identified at least 45 new targets for follow-up exploration.
Highlighted the structural framework of the Hercules property, providing support for the Company s district-scale geological model.
Indicated the presence of an extensive and open-ended thirteen kilometers long by six kilometers wide alteration zone trending northwest-southeast across the property that is coincident with known mineralization. ....

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Northern Vertex Reports Revenue of US$23.4 Million and Production of 12,401 Gold Equivalent Ounces for Quarter Ending December 31, 2020

Mine Plan Sequencing from center pit to west pit
During the quarter, mining operations transitioned from the centre pit into the west pit, where bulk disseminated stockworks dominate. This transition enabled higher tonnage mining rates and more favourable strip ratios that are expected to lead to lower costs and lower cut-off grades as compared to the narrow-vein mining previously conducted in the centre-pit.
Cash Position
The Company s cash position of $8.3 million at December 31, 2020 is expected to be augmented by the C$22.6 million financing announced by Northern Vertex and Eclipse Gold in connection with the merger of Northern Vertex and Eclipse Gold (see press release dated January 14, 2021). Subject to the satisfaction of certain conditions, the merger between Northern Vertex and Eclipse Gold is expected to close on February 12, 2021. ....

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Northern Vertex Mining : Reports Revenue of US$23.4 Million and Production of 12,401 Gold Equivalent Ounces for Quarter Ending December 31, 2020

VANCOUVER, BC, Jan. 18 , 2021 /PRNewswire/ - Northern Vertex Mining Corp. is pleased to announce revenue of $23.4 million and production of 12,401 gold equivalent ounces for the. | January 19, 2021 ....

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