Estimates, undertaken by Colorado-based Scott E. Wilson Consulting, also found 199,100oz of inferred gold equivalent resources.
Northern Vertex president and CEO Ken Berry said that with substantial near surface, open-pittable resource, the company’s objective of fast-tracking Moss into a near-term, low-cost gold-silver producer looked viable.
"Concurrent with our drilling and exploration activities, we continue to advance the project forward through strategic development that includes ongoing environmental baseline studies, metallurgy work, preliminary pit-design, economic evaluation and permitting," he added.
Northern Vertex chief geologist Dr Bob Thompson said that with close to one million gold equivalent ounces, the company plans to expand the Moss gold-silver resource to the west and east of the main deposit and to advance the current 199,100oz inferred gold-silver resource to the measured and indicated category.
