VANCOUVER, BC, May 27, 2021 /CNW/ - Northern Vertex
Mining Corp. (TSXV: NEE) (OTC Nasdaq Intl.: NHVCF) (the
"Company" or "Northern Vertex") a Western U.S. gold
producer with district-scale exploration projects in the Walker
Lane Trend, is pleased to welcome Raymond
Threlkeld to the Board of Directors.
Mr. Threlkeld is a seasoned mining professional with more than
thirty years of experience in mineral exploration, mine operations
and construction and executive management.
Currently, Ray is a director of Calibre Mining. Ray was
recently Chairman of Newmarket Gold and became a director of
Kirkland Lake Gold upon the sale of
Newmarket to Kirkland for
$1 Billion. In addition, Ray
was a Director of Northern Empire which was sold to Coeur Mining in
2018 for US$90 million.
Ray was President and CEO of Rainy River Resources that was
developing the 4-million-ounce Rainy
River gold deposit in Ontario. New Gold purchased Rainy River for $310
million in 2013. From 2006 to 2009 Ray led the Western
Goldfields team that acquired, developed, and put into operation
the Mesquite Gold Mine in California prior to being purchased by New
Gold for $314 million in 2009.
From 1996 to 2004 Ray held a variety of senior executive
positions with Barrick Gold Corporation rising to the position of
Vice President, Project Development. Among his accomplishments were
the Pierina Mine in Peru,
Bulyanhulu Mine in Tanzania,
Veladero Mine in Argentina,
Lagunas Norte Mine in Peru and the
Cowel Mine in Australia.
Mr. Threlkeld holds a B.Sc. degree in Geology from the
University of Nevada.
"Ray is a recognized leader in our industry." commented Northern
Vertex Chairman Douglas J. Hurst,
"He has a proven track record of technical and business successes
that has continually created value for shareholders."
Northern Vertex President, Michael G.
Allen commented, "Ray's experience is second to none.
All of us at Northern Vertex are extremely proud to have him join
the Board of Directors as we advance the Moss Mine and Hercules
Gold Project."
Annual General Meeting Results
In addition to Mr. Threlkeld, at the Company's Annual General
Meeting, Douglas J. Hurst,
Marcel DeGroot, Geoff Burns, Michael
Haworth, and David Farrell
were elected as Directors of the Company.
Kenneth Berry and James McDonald did not stand for re-election at
the Company's annual general meeting. Ken and Jim were
co-founders of Northern Vertex and had the vision to see the value
in the Moss Property, as it then was, and the commitment to get the
Moss Mine financed and built. The Company thanks them for
their contribution and wishes them success on their current and
future endeavors.
About Northern Vertex Mining Corp.
Northern Vertex offers investors a rare combination of cash
flow, production, top-tier management, and exceptional exploration
potential within two projects on the Walker Lane Gold Trend of
western Nevada and Arizona. Management is executing a clear
strategy that expands production and resources at the Moss Mine in
Arizona while aggressively
exploring the Hercules Project in Nevada.
ON BEHALF OF THE BOARD OF NORTHERN VERTEX MINING CORP
"Michael G. Allen"
President
TSXV: NEE | Nasdaq Intl: NHVCF | Frankfurt: 54N | ISIN: CA6660061012 | WKN:
A1JUA0
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Cautionary Statement Regarding Forward-Looking
Information
All statements, trend analysis and other information contained
in this press release about anticipated future events or results
constitute forward-looking statements. Forward-looking statements
are often, but not always, identified by the use of words such as
"seek", "anticipate", "believe", "plan", "estimate", "expect" and
"intend" and statements that an event or result "may", "will",
"should", "could" or "might" occur or be achieved and other similar
expressions. All statements, other than statements of historical
fact, included herein, are forward-looking statements. Although
Northern Vertex believes that the expectations reflected in such
forward-looking statements and/or information are reasonable, undue
reliance should not be placed on forward-looking statements since
Northern Vertex can give no assurance that such expectations will
prove to be correct. These statements involve known and unknown
risks, uncertainties and other factors that may cause actual
results or events to differ materially from those anticipated in
such forward-looking statements, including the risks, uncertainties
and other factors identified in Northern Vertex's periodic filings
with Canadian securities regulators. Forward-looking statements are
subject to business and economic risks and uncertainties and other
factors that could cause actual results of operations to differ
materially from those contained in the forward-looking statements.
Important factors that could cause actual results to differ
materially from Northern Vertex's expectations include risks
associated with the business of Northern Vertex; risks related to
reliance on technical information provided by Northern Vertex;
risks related to exploration and potential development of Northern
Vertex's projects; business and economic conditions in the mining
industry generally; fluctuations in commodity prices and currency
exchange rates; uncertainties relating to interpretation of drill
results and the geology, continuity and grade of mineral deposits;
the need for cooperation of government agencies in the exploration
and development of properties and the issuance of required permits;
the need to obtain additional financing to develop properties and
uncertainty as to the availability and terms of future financing;
the possibility of delay in exploration or development programs and
uncertainty of meeting anticipated program milestones; uncertainty
as to timely availability of permits and other governmental
approvals; and other risk factors as detailed from time to time and
additional risks identified in Northern Vertex's filings with
Canadian securities regulators on SEDAR (available at
www.sedar.com). Forward-looking statements are based on estimates
and opinions of management at the date the statements are made.
Northern Vertex does not undertake any obligation to update
forward-looking statements except as required by applicable
securities laws. Investors should not place undue reliance on
forward-looking statements.
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SOURCE Northern Vertex Mining Corp.
