Northern Vertex Drills Further Widespread Mineralized Intercepts Along The Ruth Vein, Parallel to Moss Mine Open Pit

(firmenpresse) - Highlights:

- 15.25 meters (at) 3.35 g/t gold and 23.09 g/t silver within 33.55 meters (at) 1.83 g/t gold and 13.49 g/t silver in hole AR20-350R
- 1.5 meters (at) 8.74 g/t gold and 80.10 g/t silver in hole AR20-322R, which is 183 meters east of AR20-350R
- 3.0 meters (at) 3.82 g/t gold and 56.0 g/t silver in hole AR20-321R, which is 457 meters east of AR20-350R
- Results are from the Ruth vein, 160 meters south of, and parallel to, Moss Mine open pit

December 10, 2020, Vancouver, B.C. - Northern Vertex Mining Corp. (TSX.V: NEE) (OTC Nasdaq Intl.: NHVCF) (the Company or Northern Vertex) is pleased to announce recent drill results from its multi-phase drilling and resource expansion program (the Program) at the Moss Mine in NW Arizona. The most notable results are set out above and are taken from 37 new reverse circulation (RC) drill holes from the Ruth vein area, which hosts multiple high-grade zones within larger zones of typical Moss Mine bulk-tonnage grade mineralization along the Ruth vein. Three rigs (1 core and two RC) are currently operating within the Companys Phase II of a multi-phase drill program and the program will transition to target the intersection between the Ruth vein and the Moss vein in the coming months.

Ken Berry, President & CEO stated: We are pleased to report another round of drilling results, including new high-grade intercepts along with thick low-grade zones, from our resource expansion drill program at the Moss Mine. Drilling at the Ruth Vein, which runs parallel to our Moss Open Pit, continues to encounter encouraging drill intercepts. The Ruth is located just 160 meters off the southern edge of our open pit mine and dips north toward the Moss Vein, which dips to the south, with the two veins intersecting at a contact zone approximately 225 meters below surface. This Ruth/Moss Contact Zone is a prime geological drill target for our ongoing resource expansion program at the Moss Mine.

Ruth Vein Highlights
Definition drilling along the Ruth vein shows a strike length of greater than 500 meters with multiple high-grade zones intersected. Click the link to view a plan map showing drill-hole locations at the Ruth Vein (figure 1 - https://northernvertex.com/site/assets/files/2263/2020-12-09-moss_plan_ls_figure1.png).

The latest intercept comes from hole AR20-350R, which was drilled within 15 meters of the active Center pit crest and returned 15.25 meters (at) 3.35 gpt gold and 23.09 gpt silver, within 33.55 meters (at) 1.83 gpt gold and 13.49 gpt silver (true thickness approximately 21.3 meters). Also, drill holes AR20-322R (183 meters east of AR20-350R) and AR20-321R (457 meters east of AR20-350R) intercepted zones of high-grade gold and silver including:

- AR20-322R: 1.5 meters (at) 8.74 gpt gold and 80.10 gpt silver within 29.0 meters (at) 0.75 gpt gold and 7.15 gpt silver (true thickness approximately 18.3 meters)
- AR20-321R: 3.0 meters (at) 3.82 gpt gold and 56.0 gpt silver within 10.68 meters (at) 1.369 gpt gold and 20.81 gpt silver (true thickness approximately 7.6 meters)

AR20-350R specifically targeted the Ruth vein, while hole AR20-355R, drilled from the same platform, targeted the intersection between the Ruth and Moss veins. Click the link to view a cross section of hole AR20-350R (figure 2 - https://northernvertex.com/site/assets/files/2262/ar20-350_xsect_wswv_figure-2.jpg). Samples from hole AR20-355R are in preparation at Skyline Laboratories and assay results are pending. During this drill program, high-grade (>3.0 gpt gold) zones have been intersected in 14 different drills holes along the 500 meters of defined Ruth vein strike length, confirming that the Ruth vein hosts multiple high-grade zones.

The drilling program continues with two reverse circulation drill rigs and one core drill rig in-filling along the Ruth vein. In the coming months, mining will transition from the Center pit to the West and East pits.

Ruth Vein Detailed Drill Results

Hole IDAzimutDipFrom To FromTo LengtLengtAu Ag
h (ft (fth h (g/ (g/
(m) ) ) (m) (ft)t) t)
(
m)
AR20-30180 -850.00 3.05 0 10 3.05 10 0.432.6
8R 5

and 131.15135.73430 445 4.57 15 0.655.8
4

and 157.08160.13515 525 3.05 10 0.6413.6
5

and 172.33201.30565 660 28.9895 0.398.36
6 3

and 218.08222.65715 730 4.58 15 0.4125.6
9

and 276.03279.08905 915 3.05 10 0.635.1
6

AR20-30195 -8886.93 93.03 285 305 6.10 20 1.1311.3
9R 1 75

and 106.75112.85350 370 6.10 20 0.233.15
2

and 126.58131.15415 430 4.58 15 0.412.8
7

and 138.78143.35455 470 4.57 15 0.271.9
5

and 157.08164.70515 540 7.63 25 0.261.62
6

and 172.33175.38565 575 3.05 10 0.360.6
1

AR20-31 No significant results
9R

AR20-32 No significant results
0R

AR20-32180 -85125.05129.63410 425 4.58 15 0.240.76
1R 9 7

and 201.30211.98660 695 10.6835 1.3620.8
9 14

includi 205.9 208.9 675 685 3.0 10 3.8256.0
ng 0

and 222.7 227.2 730 745 4.6 15 1.0822.6
7

AR20-32180 -8854.9 83.9 180 275 29.0 95 0.757.15
2R

includi 68.6 70.2 225 230 1.5 5 8.7480.1
ng 0

AR20-32 No significant results
3R

AR20-32 No significant results
4R

AR20-32 No significant results
5R

AR20-32 No significant results
6R

AR20-32180 -85143.4 146.4 470 480 3.1 10 0.440.95
7R

AR20-32180 -650.0 3.1 0 10 3.1 10 0.524.75
8R

and 35.1 41.2 115 135 6.1 20 0.520.18
and 47.3 51.9 155 170 4.6 15 0.290.70
AR20-32180 -850.00 12.20 0 40 12.2040 0.273.18
9R

and 54.90 56.43 180 185 1.53 5 1.405.80
AR20-33 No significant results
0R

AR20-33150 -4516.78 25.93 55 85 9.15 30 0.232.13
1R

and 38.13 44.23 125 145 6.10 20 0.5212.7
8

AR20-33230 -6510.68 15.25 35 50 4.58 15 0.817.43
2R

AR20-33180 -850.0 4.6 0 15 4.6 15 1.0110.6
3R 0

and 18.30 30.50 60 100 12.2040 0.319.04
and 39.65 57.95 130 190 18.3060 0.602.56
includi 39.65 48.80 130 160 9.15 30 0.942.08
ng

and 71.68 79.30 235 260 7.63 25 0.261.94
and 97.60 102.18320 335 4.58 15 0.395.93
and 117.43122.00385 400 4.58 15 0.263.47
AR20-3140 -7010.68 25.93 35 85 15.2550 0.727.04
34R

includi 15.25 16.78 50 55 1.53 5 3.3028.6
ng 0

and 70.15 82.35 230 270 12.2040 0.355.75
and 93.03 105.23305 345 12.2040 0.553.59
AR20-33 No significant results
5R

AR20-33 No significant results
6R

AR20-33180 -85123.53131.1405 430 7.63 25 1.162.66
7R 5

AR20-33165 -4567.10 70.15220 230 3.05 10 0.572.25
8R

AR20-33 No significant results
9R

AR20-34120 -80117.43129.6385 425 12.2040 0.785.51
0R 3

AR20-34180 -450.00 10.680 35 10.6835 0.292.97
1R

AR20-34 No significant results
2R

AR20-34 No significant results
3R

AR20-34 No significant results
4R

AR20-34250 -7042.70 45.75 140 150 3.05 10 0.420.65
5R

AR20-34 No significant results
6R

AR20-34180 -8851.85 74.73 170 245 22.8875 0.243.39
7R

includi 56.43 57.95 185 190 1.53 5 1.005.10
ng

AR20-340 -456.10 24.40 20 80 18.3060 0.412.26
8R

35.08 42.70 115 140 7.63 25 0.402.60
59.48 65.58 195 215 6.10 20 0.268.25
184.53201.30605 660 16.7855 0.240.86
and 218.08231.80715 760 13.7345 0.444.66
includi 219.60222.65720 730 3.05 10 1.0815.5
ng 5

AR20-34 No significant results
9R

AR20-3205 -85102.18108.28335 355 6.10 20 0.272.48
50R

and 125.05158.60410 520 33.55110 1.8313.4
9

includi 128.10143.35420 470 15.2550 3.3523.0
ng 9

AR20-35205 -700.00 3.05 0 10 3.05 10 0.422.25
1R

and 106.75123.53350 405 16.7855 0.231.21
AR20-35230 -450.00 4.58 0 15 4.58 15 0.321.67
3R

and 13.73 16.78 45 55 3.05 10 0.351.45
and 89.98 93.03 295 305 3.05 10 0.290.60
and 106.75112.85350 370 6.10 20 0.320.93
and 143.35146.40470 480 3.05 10 0.379.80
AR20-3510 -80193.68219.60635 720 25.9385 0.374.26
4R

* Note: estimated true widths range from 65 to 90% depending on dip of the vein and inclination of the drill-hole

QA/QC

Samples of drill cuttings were collected by the drilling crew using a wet rotary splitter to ensure a representative sample of each five-foot interval. Field notes were recorded for each sample documenting what was sampled and how the sample was taken. Samples were collected in bags with a sample tag inserted and delivered to a secure on-site location prior to pick-up by Skyline Labs, a commercial laboratory in Tucson, Arizona. Skyline Labs is an ISO 9001:2008 qualified assay lab that uses and makes available internal assaying controls. Quality control consisted of one certified gold standard, one blank, and one duplicate sample inserted into every twenty samples submitted to Skyline Laboratories.

At the lab, rock samples are dried, crushed and pulverized to 85% passing through a 200-mesh sieve. The pulps are assayed for gold using a 30 g split, Fire Assay (FA) and Atomic Absorption (AA) finish. Over limit assays for both gold and silver (10 gpt for gold and 100 gpt for silver) were rerun using a gravimetric procedure. Rejects and pulps are stored at Golden Vertexs warehouse in Bullhead City for future reference.

Qualified Person

The foregoing technical information contained in this news release has also been reviewed and verified by Mr. Joseph Bardswich, P.Eng., a director of the Company and a Qualified Person (QP) for the purpose of National Instrument 43-101 (Disclosure Standards for Mineral Projects).

Neither 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.

About Northern Vertex Mining Corp.

Northern Vertex Mining Corp. is focused on low cost gold and silver production at its 100% owned Moss Mine in NW Arizona. The Company has experience across all areas of operations, mine development, exploration, acquisitions, and financing of mining projects. With operations at the flagship Moss Mine achieving commercial production the Company intends to consolidate additional producing or near-term production gold assets within the Western US. Through mergers and acquisitions Northern Vertexs corporate goal is to become a mid-tier gold producer.

ON BEHALF OF THE BOARD OF NORTHERN VERTEX
Kenneth Berry
President & CEO

For further information, please visit www.northernvertex.com or contact Investor Relations at: 604-601-3656 or at 1-855-633-8798

Cautionary Note Regarding Forward-Looking Statements:

This news release contains statements about our future business and planned activities. These are forward-looking because we have used what we know and expect today to make a statement about the future. Forward-looking statements including but are not limited to comments regarding the timing and content of upcoming work and analyses. Forward-looking statements usually include words such as scheduled, may, intend, plan, expect, anticipate, believe or other similar words. Forward-looking statements are necessarily based upon a number of factors and assumptions that, while considered reasonable by the Company as of the date of such statements, are inherently subject to significant business, economic and competitive uncertainties, and contingencies. Many factors, known and unknown, could cause actual results to be materially different from those expressed or implied by such forward-looking statements. We believe the expectations reflected in these forward-looking statements are reasonable. However, actual events and results could be substantially different because of the risks and uncertainties associated with our business or events that happen after the date of this news release. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date made. As a general policy, we do not update forward-looking statements except as required by securities laws and regulations. US investors should be aware that mining terminology used for Canadian mineral project reporting purposes differs significantly from US terminology.

2020 number 24

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