Northern Vertex (NHVCF) produces gold in Arizona within the historic Oatman mining district, at the Moss mine. This mine originally produced 12,000 ounces of gold in the 1860s. The mine was largely untouched from 1930 to the 1980s until several companies conducted exploration activities.
Gold discoveries have been falling from the peak in the 1980s, where primary mines have steadily fallen in number.
Source: MinEx Consulting
The decreasing trend of primary gold discoveries is leading the industry to look farther and deeper for profitable gold ounces. As a result, while in