VANCOUVER, June 9, 2011 /CNW/ - Northern Vertex Capital Inc. (TSXV: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
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
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.
SOURCE Northern Vertex Inc.
For further information:
Colin Clancy at Telephone: 604-601-3656