Mobilization of Equipment Underway
VANCOUVER, Dec. 15, 2016 /CNW/ - Northern Vertex Mining Corp. (TSX.V:NEE) (the Company") is pleased to announce that it has signed a contract with N.A. Degerstrom, Inc. (NAD) of Spokane, WA to complete the site civil works at its 100% owned Moss Mine Project. The contract scope includes all site earthworks and grading related to site roads, remediation of historic mine openings, laydown and storage areas, power station, the security/parking area and areas required for anticipated future crusher and ancillary installations.
NAD has initiated their mobilization and is expected to have all the equipment on site within the next 3 weeks. NAD will perform work under the supervision and direction of our EPCM Contractor, M3 Engineering and Technology of Tucson, AZ with oversight by the Company's construction project manager, Dr. David Stone, PE.
Golder Associates Inc. ("Golder") of Tucsan, Arizona are continuing on-site geotechnical, geophysical and hydrology field studies (including drilling, sampling, and pumping tests). Tests underway are continuing at an accelerated pace to provide data to enable optimization of plant design and operating parameters.
About Northern Vertex
Northern Vertex Mining Corp. is a exploration and mining company focused on the reactivation of its 100% owned Moss Mine Gold/Silver Project located in NW Arizona, USA. The Moss Mine Gold-Silver Project is an epithermal, brecciated, low sulphidation quartz-calcite vein and stockwork system which extends over a strike length of 1,400 meters and has been drill tested to depths of 370 meters vertically. It is a potential heap leach, open pit project that has been advanced to the Feasibility Study stage to ensure that technical, economic, permitting and funding requirements are met prior to proceeding with the development of the mine. 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
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.
Forward-Looking Statements: 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. 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. You should not place undue reliance on forward-looking statements. As a general policy, we do not update forward-looking statements except as required by securities laws and regulations.
SOURCE Northern Vertex Mining Corp.
For further information: please visit www.northernvertex.com or contact Investor Relations at: 604-601-3656 or at 1-855-633-8798.