Friday 30th September 2016

Resource Clips



Moneta reports Ontario Gold Assays including 3.45 g/t over 26.1m

Moneta Porcupine Mines Inc TSX:ME announced assay results from its Golden Highway Project, east of Timmins, Ontario. Highlights include 3.59 g/t gold over 6.1 metres (including 5.68 g/t over 3.5 metres), 3.45 g/t over 26.1 metres (including 5.12 g/t over 12.5 metres), 5.74 g/t over 1.4 metres, 3.78 g/t over 11.5 metres and 4.77 g/t over 1.9 metres.

President/CEO Ian Peres said, “These results provide further evidence of a pervasive gold system in our Golden Highway Project which has now seen three large newly discovered zones in under a year, in close proximity to the 624,500 ounce historical resource at 5.98 g/t. Moneta is now well-funded, following our recent financing, with plans to undertake up to 30,000 metres of drilling in 2011.”

View Company Profile

Contact:
Ian C. Peres
President/CEO
416.579.3040

by Ted Niles

Share |

View All: News Stories