Saturday 20th October 2018

Resource Clips

Moneta reports Ontario Assays as high as 1.76 g/t over 41.8m

Moneta Porcupine Mines Inc TSX:ME announced assays from the Windjammer South Zone of its Golden Highway Project in Ontario. Results include 13.35 g/t gold over 0.5 metres, 1.76 g/t over 41.8 metres (including 11.88 g/t over 3.7 metres), 8.66 g/t over 1.3 metres, 0.76 g/t over 8.5 metres, 0.99 g/t over 10.8 metres and 0.99 g/t over 9.5 metres.

President/CEO Ian Peres said, “These results demonstrate the potential for significant resource expansion in the Windjammer South NI 43-101 resource and the largely untested potential for mineralization well south of the historical drilling along the iron formation, similar to the discovery of the 267 Zone and 273 Zones in the Southwest Zone. Follow-up drilling will focus on near-surface resource expansion, particularly south of the iron formation and along its strike both to the southwest and into the gap area between Windjammer South and the Southwest Zone.”

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Ian C. Peres

by Ted Niles

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