Northern Vertex Commences 12-Hole, Phase II Drilling Program on Copley Gold Property in British Columbia's Nechako Plateau

Dec 7, 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 the commencement of a phase II drill program on its Copley gold property situated south of Fraser Lake in British Columbia's Nechako Plateau. An estimated total of 12 drill holes will test the extension of a previously drilled 33 m intersection that returned grades of 0.271 g/t Au in hole 01-04. Of the 33 m: 5.6 m averaged 0.68 g/t Au, and 1.4 m averaged 1.57 g/t Au. (See March 2, 2011 Release) Current drilling will focus on the Smoking Pipe target where previous results indicate the mineralized zoning is near surface and the zones of gold-rich rocks thicken to the west.

States Northern Vertex Chief Geologist Dr. Bob Thompson (PhD, PEng), "We have designed the phase II drill program to test the gold-bearing system to the west and at the same time to determine the subsurface location and geometry of a near-by fault system (mapped at surface) which could have acted as a conduit for gold-bearing fluids. Each of the 11 holes drilled in phase 1 encountered anomalous gold, so we know the system is robust and large (at least 200 m by 100 m by 50 m deep). The goal of this program is to discover the fluid migration pathway, where we believe higher grades and larger volumes are likely to be."

Previous drilling on Copley confirmed that gold occurs in silicified volcanic rocks containing disseminated- or vein-pyrite, vuggy open-space, intense veining and brecciation, and anomalous concentrations of zinc (Zn) and mercury (Hg). Dr. Thompson notes that these are the same associations observed at New Gold's Blackwater project, located 40 km south of Copley. (Blackwater resource currently estimated to be in excess of 4 million ounces of gold). Drilling is expected to be completed by December 17th, with assay results to follow.

The geological disclosure in this press release has been reviewed and verified by Northern Vertex's Chief Geologist, Dr. Bob Thompson, PhD P.Eng (a qualified person for the purpose of National Instrument 43- 101, Standards of Disclosure for Mineral Projects).


"Joseph Bardswich"

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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.