Northern Vertex increases quarterly gold and silver production in Arizona
(Kitco News) - Northern Vertex Mining (TSX.V: NEE) announced Monday production of 9,912 gold equivalent ounces for the quarter ended March 31, 2021 from the company’s 100% owned Moss gold mine in Mohave County, NW Arizona.
The company said that gold production was 8,787 ounces (19% more than a year before) and silver production was 84,382 ounces (44% more than a year before). Northern Vertex added it had $13.8 million cash on hand at quarter end.
President Michael G. Allen commented, “Production from the West Pit continues to improve as we have now developed large production benches, which allows for maximum mining efficiency. We are very excited about our evolving knowledge of the mineralization of the Moss mine and believe that there are substantial opportunities to improve and expand the operation.”
The Moss mine is the largest precious metals mine in Arizona, and the company also explores the district scale Hercules gold project in Nevada.