Northern Vertex Announces Second Diamond Drill Rig Mobilized On Moss Gold-Silver Project; Metallurgy and Baseline Studies Underway

May 13, 2011  Share:  Share on Facebook   Share on Twitter   Share on Google Plus   Share on LinkedIn

Vancouver, B.C. - Northern Vertex Capital Inc. (TSX.V:NEE) ("Northern Vertex") is pleased to announce a second diamond drill rig has been mobilized in conjunction with its ongoing 25,000 feet infill and definition drilling program on its Moss Gold-Silver Project situated in the historic Oatman Mining district in Mohave County, Northwestern Arizona.

With the addition of the diamond drill rig, Northern Vertex now has a RC Drill Rig and Diamond Drill Rig conducting infill and definition drilling congruent with ongoing baseline and Scoping Studies at the Moss Gold-Silver Project. The objective of the current program is to utilize core drilling for metallurgical testing purposes and to confirm and bring into NI 43-101 compliance standards, results from 305 historic drill holes drilled across Moss's 5000 ft stockwork vein structure between 1982 and 2008.

Baseline and Scoping Studies Ongoing. In conjunction with its ongoing infill and definition drilling program, Northern Vertex further reports the Company has engaged the services of Schlumberger Water Services (SWS) to provide an initial scoping level work plan for environmental permitting, hydrogeology and engineering services as part of the permitting process required for open pit mining at the Moss property. In keeping with the Company's objective to fast-track development of the Moss Gold-Silver Project, included in the work plan, Schlumberger will provide Northern Vertex with a detailed summary of the permit acquisition process costs and schedule for future mine development and budgeting purposes.

The historic Oatman Mining District has produced over 2 million ounces of gold, mainly from high-grade underground operations. The Historic Moss Mine Property was the site of sporadic high-grade mining dating back to the late 18th century. Historic workings are evident throughout the property and the likelihood of finding additional mineralization is considered excellent.

The foregoing geological disclosure has been reviewed Dr. Bob Thompson, PhD P.Eng (a qualified person for the purpose of National Instrument 43-101, Standards of Disclosure for Mineral Projects).

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. 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.

"Joseph Bardswich"

For further information, please visit
or contact Colin Clancy at Telephone: 604-601-3656

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.