NYBob
4 years ago
Trump Nominates Epic Goldbug Judy Shelton to Federal Reserve Board!
379 views •May 23, 2020
Cracking Crypto
8.35K subscribers
President Donald Trump is nominating new names for the Federal Reserve board of governors, and his top pick Judy Shelton, is known for having advocated for a return to the gold standard, along with adding a little cryptocurrency into the mix.
Globe says Moneta Porcupine Mines called "undervalued" 2020-06-05
07:56 ET -
In the News The Globe and Mail reports in its Friday, June 5,
edition that Industrial Alliance Securities analyst George
Topping says Moneta Porcupine Mines (14.5 cents) is "undervalued."
The Globe's David Leeder writes in the Eye On Equities column
that Mr. Topping notes Moneta's "desirable location in an
existing camp with many underutilized mills and
record gold prices."
Accordingly, Mr. Topping began coverage of the gold exploration
company, which owns six projects in the Timmins mining camp,
with a "buy" rating.
Mr. Topping set a share target of 35 cents.
Analysts on average target the shares at 40 cents.
Mr. Topping further notes that "insiders and major shareholders
have added 2.7 million shares through the public market,
which to us is a bullish signal."
Eric Sprott, a "renowned" gold investor, recently increased
his interest in Moneta and now holds 9 per cent of its shares.
Mr. Topping says in a note:
"As the resource grows and/or is upgraded via infill,
Moneta will undergo a multiple expansion.
We await the PEA on the project before we assign our
own metrics to a potential mining plan.
However, we see a scenario where the company could secure
toll treatment, or preferably, buy a nearby mill."
2020 Canjex Publishing Ltd. All rights reserved.
by JON72
Moneta Porcupine Mines Inc.
ME TSX Exchange 1st mining comp listed @ TSE -
The giant Au with so many great old
mining properties in Timmins Canada's richest
mining camp - may Wake UP smile) -
https://stockhouse.com/companies/bullboard?symbol=t.me&postid=31063299
In GOD We Trust -
https://www.kitco.com/images/live/silver.gif?0.8344882022363285
http://www.kitconet.com/images/live/au0001wb.gif
Gold & Silver is the only REAL Legal Tender -
by The Founding Fathers for your -
Rights, Liberty and Freedom -
http://www.biblebelievers.org.au/monie.htm
God Bless America
Ps.
opinion appreciated
TIA
NYBob
4 years ago
nowwhat2 thank you, Moneta Porcupine Mines Inc (TSX:ME) More Coverage
by....
Globe says Moneta Porcupine Mines called "undervalued" 2020-06-05
07:56 ET -
In the News The Globe and Mail reports in its Friday, June 5,
edition that Industrial Alliance Securities analyst George
Topping says Moneta Porcupine Mines (14.5 cents) is "undervalued."
The Globe's David Leeder writes in the Eye On Equities column
that Mr. Topping notes Moneta's "desirable location in an
existing camp with many underutilized mills and
record gold prices."
Accordingly, Mr. Topping began coverage of the gold exploration
company, which owns six projects in the Timmins mining camp,
with a "buy" rating.
Mr. Topping set a share target of 35 cents.
Analysts on average target the shares at 40 cents.
Mr. Topping further notes that "insiders and major shareholders
have added 2.7 million shares through the public market,
which to us is a bullish signal."
Eric Sprott, a "renowned" gold investor, recently increased
his interest in Moneta and now holds 9 per cent of its shares.
Mr. Topping says in a note:
"As the resource grows and/or is upgraded via infill,
Moneta will undergo a multiple expansion.
We await the PEA on the project before we assign our
own metrics to a potential mining plan.
However, we see a scenario where the company could secure
toll treatment, or preferably, buy a nearby mill."
2020 Canjex Publishing Ltd. All rights reserved.
by JON72
Moneta Porcupine Mines Inc.
ME TSX Exchange 1st mining comp listed @ TSE -
The giant Au with so many great old
mining properties in Timmins Canada's richest
mining camp - may Wake UP ) -
https://stockhouse.com/companies/bullboard?symbol=t.me&postid=31063299
MONETA PORCUPINE MINES (TSE:ME)
http://stockcharts.com/c-sc/sc?s=ME.TO&p=W&yr=4&mn=0&dy=0&i=p23763931124&a=211089876&r=9579
God Bless
NYBob
4 years ago
RE: Glad to see this - and RE: Undervalued -
thanks bigone and invest13 -
New leadership has started to turn the fortune of the company.
Ever since Gary O' Connor arrived things have been looking up
he has changed the whole strategy of the company, and
the results are showing he has the company heading
in the right direction -
He very professional and perhaps not promotional enough but
in the end good results will get investor attention.
I think the stock is ready to have a sizable move, up.
Today press release should really attract knowledgeable
investors and more coverage.
When it moves I think it will happen quickly.
Of course current bullion prices will be of good support
to our great gold mining profit for ME & us...
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=155531208
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=155452098
Moneta Porcupine Mines Inc (TSX:ME) GREAT NEWS -
Canada NewsWire
TORONTO, May 21, 2020
TSX: ME
TORONTO, May 21, 2020 /CNW/ - Moneta Porcupine Mines Inc. (TSX:ME) (OTC:MPUCF) (XETRA:MOP) ("Moneta" or the "Company") is pleased to announce the results from one hole drilled to test for gold mineralization on the new South BIF Target.
The drill hole was drilled as part of the expanded 2019/2020 winter drill program recently completed on the Company's Golden Highway Project, 110 km east of Timmins, Ontario (Figure 1).
Moneta Porcupine Mines Inc. (CNW Group/Moneta Porcupine Mines Inc.)
Highlights:
Drilling has discovered gold mineralization on the southern margins of the regional Timiskaming sedimentary basin:
MGH20-148: Intersected 3.50 metres "m" @ 8.09 grams per tonne "g/t" including 0.55 m @ 30.40 g/t Au
MGH20-148: Intersected 2.15 m @ 2.66 g/t Au including 0.45 m @ 4.72 g/t Au in a second vein
Drilling intersected a new gold discovery over 1.0 kilometre "Km" west of the current South West gold resource estimate and 500 m south of the new Westaway discovery
"We are excited to have discovered a new zone of gold mineralization at the South BIF target with our latest drilling," commented CEO, Gary O'Connor.
"We intersected mineralized gold veins along the southern margins of the basin adjacent to the recently recognized favourable BIF A host contact.
These veins are possibly extensions of the Westaway gold veins which were recently discovered to the north.
This represents a new regional trend of prospective ground at
the Golden Highway Project where no systematic exploration has been
conducted previously.
We look forward to exploring the trend further."
The latest assay results are from one (1) drill hole, MGH20-148, completed during the 2019/2020 winter drill program at the new South BIF target, located west of the South West Deposit (Table 2). The hole, totaling 609.00 m was drilled to test a potential new trend adjacent to the newly recognized favourable banded iron formation "BIF" A unit.
South BIF Drill Results
Drill Hole MGH20-148 was drilled 500 m south of the new Westaway discovery and over 1 km to the west of the South West deposit. (See press release PR-03-2020 dated 16 January 2020:
Drilling intersected up 7.95 m @ 3.48 g/t Au including 0.95 m @ 13.80 g/t Au from WA-9 and 0.70 m @ 13.50 g/t Au at Westaway).
The drill hole was targeted to test a section of the favourable coarse grain sandstone host adjacent to the newly recognized occurrence of the regional BIF A unit in historical hole M87-66 on the southern margins of the Timiskaming age sedimentary basin.
The drill hole intersected seven (7) new vein structures. Drilling intercepted up to 3.50 m @ 8.09 g/t Au including 3.00 m @ 9.22 g/t Au, including 0.55 m @ 30.40 g/t Au from one vein and 2.15 m @ 2.66 g/t Au including 0.45 m @ 4.72 g/t Au from a second vein.
It is possible that the veins represent extensions of the Westaway gold mineralized veins.
Further drilling will be required to confirm the extensions of veins.
South BIF Target
The South BIF target is located on the contact of the prospective BIF A unit with the overlying coarse sandstone sediments recently recognized near the southern margins of the regional Timiskaming sedimentary basin.
The majority of Moneta's current mineral resources are hosted within this basin.
It is thought that the repeat of the BIF A unit is due to a regional synclinal structure.
The geological setting is similar to the South West deposit located over 1.0 km to the east (Figure 1) and are seen to occur as a series of mineralized vein structures.
The gold mineralized quartz-pyrite veins at South BIF appear to occur as extensional vein structures associated with ankerite-sericite-silica-pyrite alteration haloes.
The zones occur as steeply west dipping WNW-ESE oriented mineralized structures as per the main mineralization at South West and Westaway.
The mineralized veins could potentially be the extensions of the new Westaway discovery located 500 m to the north.
The BIF A unit was not intersected in the hole suggesting it is south dipping. Additional drilling is required to confirm this.
The southern basin margin has not been systematically explored historically and represents a major new regional prospective trend.
https://web.tmxmoney.com/article.php?newsid=4505435630555123&qm_symbol=ME
NYBob
4 years ago
Moneta Porcupine Mines Inc (TSX:ME) GREAT NEWS -
Canada NewsWire
TORONTO, May 21, 2020
TSX: ME
TORONTO, May 21, 2020 /CNW/ - Moneta Porcupine Mines Inc. (TSX:ME) (OTC:MPUCF) (XETRA:MOP) ("Moneta" or the "Company") is pleased to announce the results from one hole drilled to test for gold mineralization on the new South BIF Target.
The drill hole was drilled as part of the expanded 2019/2020 winter drill program recently completed on the Company's Golden Highway Project, 110 km east of Timmins, Ontario (Figure 1).
Moneta Porcupine Mines Inc. (CNW Group/Moneta Porcupine Mines Inc.)
Highlights:
Drilling has discovered gold mineralization on the southern margins of the regional Timiskaming sedimentary basin:
MGH20-148: Intersected 3.50 metres "m" @ 8.09 grams per tonne "g/t" including 0.55 m @ 30.40 g/t Au
MGH20-148: Intersected 2.15 m @ 2.66 g/t Au including 0.45 m @ 4.72 g/t Au in a second vein
Drilling intersected a new gold discovery over 1.0 kilometre "Km" west of the current South West gold resource estimate and 500 m south of the new Westaway discovery
"We are excited to have discovered a new zone of gold mineralization at the South BIF target with our latest drilling," commented CEO, Gary O'Connor.
"We intersected mineralized gold veins along the southern margins of the basin adjacent to the recently recognized favourable BIF A host contact.
These veins are possibly extensions of the Westaway gold veins which were recently discovered to the north.
This represents a new regional trend of prospective ground at
the Golden Highway Project where no systematic exploration has been
conducted previously.
We look forward to exploring the trend further."
The latest assay results are from one (1) drill hole, MGH20-148, completed during the 2019/2020 winter drill program at the new South BIF target, located west of the South West Deposit (Table 2). The hole, totaling 609.00 m was drilled to test a potential new trend adjacent to the newly recognized favourable banded iron formation "BIF" A unit.
South BIF Drill Results
Drill Hole MGH20-148 was drilled 500 m south of the new Westaway discovery and over 1 km to the west of the South West deposit. (See press release PR-03-2020 dated 16 January 2020:
Drilling intersected up 7.95 m @ 3.48 g/t Au including 0.95 m @ 13.80 g/t Au from WA-9 and 0.70 m @ 13.50 g/t Au at Westaway).
The drill hole was targeted to test a section of the favourable coarse grain sandstone host adjacent to the newly recognized occurrence of the regional BIF A unit in historical hole M87-66 on the southern margins of the Timiskaming age sedimentary basin.
The drill hole intersected seven (7) new vein structures. Drilling intercepted up to 3.50 m @ 8.09 g/t Au including 3.00 m @ 9.22 g/t Au, including 0.55 m @ 30.40 g/t Au from one vein and 2.15 m @ 2.66 g/t Au including 0.45 m @ 4.72 g/t Au from a second vein.
It is possible that the veins represent extensions of the Westaway gold mineralized veins.
Further drilling will be required to confirm the extensions of veins.
South BIF Target
The South BIF target is located on the contact of the prospective BIF A unit with the overlying coarse sandstone sediments recently recognized near the southern margins of the regional Timiskaming sedimentary basin.
The majority of Moneta's current mineral resources are hosted within this basin.
It is thought that the repeat of the BIF A unit is due to a regional synclinal structure.
The geological setting is similar to the South West deposit located over 1.0 km to the east (Figure 1) and are seen to occur as a series of mineralized vein structures.
The gold mineralized quartz-pyrite veins at South BIF appear to occur as extensional vein structures associated with ankerite-sericite-silica-pyrite alteration haloes.
The zones occur as steeply west dipping WNW-ESE oriented mineralized structures as per the main mineralization at South West and Westaway.
The mineralized veins could potentially be the extensions of the new Westaway discovery located 500 m to the north.
The BIF A unit was not intersected in the hole suggesting it is south dipping. Additional drilling is required to confirm this.
The southern basin margin has not been systematically explored historically and represents a major new regional prospective trend.
https://web.tmxmoney.com/article.php?newsid=4505435630555123&qm_symbol=ME
NYBob
4 years ago
The K2 Principal Fund L.P. Acquires Shares of Moneta Porcupine Mines Inc. (TSX: ME)(MPUCF: US)
Canada Newswire , 9:07 AM EDT May 04, 2020
Canada NewsWire
TORONTO, May 4, 2020
The K2 Principal Fund L.P. ("K2") announced that on May 1st, 2020
it purchased 98,500 common shares of Moneta Porcupine Mines Inc.
(TSX: ME) of 65 3rd Ave, Timmins, ON, P4N 1C2.
Each share was purchased through the TSX at an average price of
at a price of $ 0.1187 for a total cost of $11,692.12.
Prior to the recent acquisition, K2 held 31,085,000 common shares.
After the acquisition, the partnership holds 31,183,500 common shares
representing approximately 10.01% of the issued and outstanding common
shares of Moneta Porcupine Mines Inc.
K2 acquired the securities for investment purposes only and may,
depending on market and other conditions, increase or decrease its
beneficial ownership, control or direction over, or exercise its
current rights to acquire, common shares or other securities of
Moneta Porcupine Mines Inc through market transactions, private
agreements or otherwise.
SOURCE The K2 Principal Fund L.P.
Cision View original content: http://www.newswire.ca/en/releases/archive/May2020/04/c8268.html
Dan Gosselin, The K2 Principal Fund L.P., (416) 365-2155
Moneta Porcupine Mines Inc. ME TSX Exchange 1st mining comp. listed @ TSE & One of the Oldest Gold Mining Producer In Canada -
Moneta Gold Mine The Highest average grade Gold Mine
of the Gold Mine Producers in Timmins Porcupine Gold Fields -
Moneta Gold Mine still virgin because the mill destroyed
early by fire -
the mining were @ shallow level -
the rich ore often start below 1000 meter deep -
The Moneta Gold Mine is located in the NW portion of
Moneta’s Kayorum property and is immediately
adjacent to the east to the Hollinger Gold Mine.
Total production between 1938-1943 was
149,250 oz gold
from 314,829 tons at an average grade of 0.47 oz/t.
The Moneta Gold Mine underground infrastructure includes
a shaft to 1,492 feet with 6 levels of development.
Moneta’s Gold Mine Kayorum property is of particular interest
as the immediately adjacent Hollinger Gold Mine pit project
has been approved with development underway in 2012.
The Hollinger project envisions a 200-250m deep multiple phase
open pit based on a 2010 resource of 3.47Mozs and
782,000 oz in reserves.
Exploration drill programs have also identified several underground
mining opportunities by ramp and existing underground infrastructure
for both the Hollinger (Millerton) and
McIntyre (Central Porphyry Zone) mines -
Hollinger underground workings butt right up the border
of Moneta Gold Mine @ Moneta’s Kayorum property -
is still very large gold mine property -
https://en.wikipedia.org/wiki/Hollinger_Mines
Moneta Announces Closing of Strategic Investment by Eric Sprott -
http://crweworld.com/article/news-provided-by-pr-newswire/1246018/moneta-announces-closing-of-strategic-investment-by-eric-sprott#
Moneta Porcupine Mines Inc holds a 100% interest in 5 core gold projects
and a 50% JV with
Kirkland Lake Gold strategically located on or along
the Destor Porcupine Fault Zone corridor (“Destor”), one of the key
mineralized structures in the Abitibi Greenstone belt in Ontario, with
excellent infrastructure including access roads, water, electricity,
and mills.
Most gold mineralization in the region is associated with the Destor,
including significant resources and producing mines now operated by
Porcupine Gold Mines (Goldcorp) and several others such as
Pan American Silver Corp. (Tahoe Resources), McEwen Mining, and
Kirkland Lake Gold.
The Golden Highway Camp has experienced rapid advancement of gold
resources by Moneta and others including Osisko Mining reflecting the
strong regional gold potential.
Moneta Porcupine Mines Inc. has interests in 1,046 claim units each
approximately 16,800 hectares in area (total area approximately 16,800
hectares) in the form of
mining patents, leases and staked claims.
Most of the Company’s landholdings are not subject to any royalty or
encumbrances other than minor royalties to third parties on a limited
number of claims primarily outside the Golden Highway Project.
The Porcupine Camp and Golden Highway Camp (here collectively referred
to as “Timmins Gold Camp“) is one of the most prolific gold-producing
areas in the world with over 75 million ounces of gold produced to
date, including that from some 26 mines, each of which
generated more than 100,000 ounces.
Moneta’s land position for gold exploration is one of the largest in
the Timmins Gold Camp including a commanding position in the emerging
Golden Highway Camp as well as an established position
in the Porcupine Camp.
The Golden Highway Project is a largely contiguous land package of
689 claim units or approximately 11,000 hectares, and contains a
significant gold NI 43-101 Resource Estimate (Jan 2019)
containing 383,400 oz indicated (2.6Mt @ 4.61 g/t)
plus 873,200 oz inferred (6.5Mt @ 4.21 g/t).
Click to enlarge
Moneta’s recent primary gold exploration and resource development focus
has been the Golden Highway Project centred in Michaud Township
100 km east of Timmins, Ontario along Highway 101,
a major all-season route.
The Golden Highway Project captures 12 kms of the Destor Porcupine Fault
Zone Corridor, one of the most prolific Archean gold-bearing structures
in the world.
The project currently hosts a NI 43-101 resource,
spanning only 4 km of the corridor and found primarily within
sedimentary host rocks along a southern splay of the Destor.
Resource growth potential exists along
the remaining 8 km of largely untested strike length along
the Destor in contact with ultramafic units, where
limited historical drilling has already
confirmed gold mineralization.
The main unconformity which occurs as the mafic volcanic-sediment
contact also remains largely untested.
Moneta also has a 50% stake in the Garrison JV with Kirkland Lake Gold
in the Golden Highway Camp.
Moneta continues to maintain a large land holding in
Porcupine Gold Camp which includes the gold properties of
North Tisdale, Nighthawk Lake, Kayorum, DeSantis and Denton.
Additional properties with strategic value are historical base metal
projects and
include Loveland Nickel (Ni), Kamiskotia (Cu/Zn), and Fripp (Cu).
http://crweworld.com/article/news-provided-by-pr-newswire/1246018/moneta-announces-closing-of-strategic-investment-by-eric-sprott#
In GOD We Trust -
https://www.kitco.com/images/live/silver.gif?0.8344882022363285
http://www.kitconet.com/images/live/au0001wb.gif
Gold & Silver is the only REAL Legal Tender -
by The Founding Fathers for your -
Rights, Liberty and Freedom -
http://www.biblebelievers.org.au/monie.htm
God Bless America
Ps.
opinion appreciated
TIA
NYBob
4 years ago
Moneta Porcupine Mines Inc. ME TSX Exchange 1st mining comp. listed @ TSE & One of the Oldest Gold Mining Producer In Canada -
Moneta Gold Mine The Highest average grade Gold Mine
of the Gold Mine Producers in Timmins Porcupine Gold Fields -
Moneta Gold Mine still virgin because the mill destroyed
early by fire -
the mining were @ shallow level -
the rich ore often start below 1000 meter deep -
The Moneta Gold Mine is located in the NW portion of
Moneta’s Kayorum property and is immediately
adjacent to the east to the Hollinger Gold Mine.
Total production between 1938-1943 was
149,250 oz gold
from 314,829 tons at an average grade of 0.47 oz/t.
The Moneta Gold Mine underground infrastructure includes
a shaft to 1,492 feet with 6 levels of development.
Moneta’s Gold Mine Kayorum property is of particular interest
as the immediately adjacent Hollinger Gold Mine pit project
has been approved with development underway in 2012.
The Hollinger project envisions a 200-250m deep multiple phase
open pit based on a 2010 resource of 3.47Mozs and
782,000 oz in reserves.
Exploration drill programs have also identified several underground
mining opportunities by ramp and existing underground infrastructure
for both the Hollinger (Millerton) and
McIntyre (Central Porphyry Zone) mines -
Hollinger underground workings butt right up the border
of Moneta Gold Mine @ Moneta’s Kayorum property -
is still very large gold mine property -
https://en.wikipedia.org/wiki/Hollinger_Mines
Moneta Announces Closing of Strategic Investment by Eric Sprott -
http://crweworld.com/article/news-provided-by-pr-newswire/1246018/moneta-announces-closing-of-strategic-investment-by-eric-sprott#
Moneta Porcupine Mines Inc holds a 100% interest in 5 core gold projects
and a 50% JV with
Kirkland Lake Gold strategically located on or along
the Destor Porcupine Fault Zone corridor (“Destor”), one of the key
mineralized structures in the Abitibi Greenstone belt in Ontario, with
excellent infrastructure including access roads, water, electricity,
and mills.
Most gold mineralization in the region is associated with the Destor,
including significant resources and producing mines now operated by
Porcupine Gold Mines (Goldcorp) and several others such as
Pan American Silver Corp. (Tahoe Resources), McEwen Mining, and
Kirkland Lake Gold.
The Golden Highway Camp has experienced rapid advancement of gold
resources by Moneta and others including Osisko Mining reflecting the
strong regional gold potential.
Moneta Porcupine Mines Inc. has interests in 1,046 claim units each
approximately 16,800 hectares in area (total area approximately 16,800
hectares) in the form of
mining patents, leases and staked claims.
Most of the Company’s landholdings are not subject to any royalty or
encumbrances other than minor royalties to third parties on a limited
number of claims primarily outside the Golden Highway Project.
The Porcupine Camp and Golden Highway Camp (here collectively referred
to as “Timmins Gold Camp“) is one of the most prolific gold-producing
areas in the world with over 75 million ounces of gold produced to
date, including that from some 26 mines, each of which
generated more than 100,000 ounces.
Moneta’s land position for gold exploration is one of the largest in
the Timmins Gold Camp including a commanding position in the emerging
Golden Highway Camp as well as an established position
in the Porcupine Camp.
The Golden Highway Project is a largely contiguous land package of
689 claim units or approximately 11,000 hectares, and contains a
significant gold NI 43-101 Resource Estimate (Jan 2019)
containing 383,400 oz indicated (2.6Mt @ 4.61 g/t)
plus 873,200 oz inferred (6.5Mt @ 4.21 g/t).
Click to enlarge
Moneta’s recent primary gold exploration and resource development focus
has been the Golden Highway Project centred in Michaud Township
100 km east of Timmins, Ontario along Highway 101,
a major all-season route.
The Golden Highway Project captures 12 kms of the Destor Porcupine Fault
Zone Corridor, one of the most prolific Archean gold-bearing structures
in the world.
The project currently hosts a NI 43-101 resource,
spanning only 4 km of the corridor and found primarily within
sedimentary host rocks along a southern splay of the Destor.
Resource growth potential exists along
the remaining 8 km of largely untested strike length along
the Destor in contact with ultramafic units, where
limited historical drilling has already
confirmed gold mineralization.
The main unconformity which occurs as the mafic volcanic-sediment
contact also remains largely untested.
Moneta also has a 50% stake in the Garrison JV with Kirkland Lake Gold
in the Golden Highway Camp.
Moneta continues to maintain a large land holding in
Porcupine Gold Camp which includes the gold properties of
North Tisdale, Nighthawk Lake, Kayorum, DeSantis and Denton.
Additional properties with strategic value are historical base metal
projects and
include Loveland Nickel (Ni), Kamiskotia (Cu/Zn), and Fripp (Cu).
http://crweworld.com/article/news-provided-by-pr-newswire/1246018/moneta-announces-closing-of-strategic-investment-by-eric-sprott#
Moneta's CEO, Gary O'Connor highlights the Company's high-grade gold deposit in the prolific gold producing camp at Timmins, Ont.
Moneta is one of only three junior mining companies located in
the district with a large land position, advancing resources to production.
CEO Clip: Gary O'Connor | Moneta Porcupine Mines -
Canada's Most Prolific Gold Mining Camp -
In this video the CEO of Moneta Porcupine Mines,
Gary O'Connor, talks about the company's gold exploration
in the Timmins Gold Camp.
Moneta Porcupine Mines is a gold exploration company that holds
a 100% interest in 6 core gold projects and
a 50% JV with Kirkland Lake Gold strategically located on or
along the Destor Porcupine Fault Zone corridor ("Destor").
Destor is one of the key mineralized structures in
the Abitibi Greenstone belt in Ontario and has excellent infrastructure
including access roads, water, electricity, and mills.
All of the Moneta's properties are in the Timmins Gold Camp.
They're exploring for gold deposits along the Destor Porcupine,
Canada's most prolific gold mining camp.
Moneta Porcupine Mines Inc. (TSX:ME, OTC:MPUCF)
In Conversation: Gary O'Connor @Moneta Porcupine
https://www.monetaporcupine.com/
In GOD We Trust -
https://www.kitco.com/images/live/silver.gif?0.8344882022363285
http://www.kitconet.com/images/live/au0001wb.gif
Gold & Silver is the only REAL Legal Tender -
by The Founding Fathers for your -
Rights, Liberty and Freedom -
http://www.biblebelievers.org.au/monie.htm
God Bless America
Ps.
opinion appreciated
TIA
NYBob
4 years ago
Moneta Porcupine Exhibiting at Booth 731, Vancouver Resource Investment Conference, Jan 19-20, 2020
2 days ago from Newsfile
Vancouver, British Columbia--(Newsfile Corp. - January 14, 2020) -
Moneta Porcupine (TSX: ME) would like to cordially invite you to visit
us at Booth #731 at the Vancouver Resource Investment Conference (VRIC)
to be held at the Vancouver Convention Centre West (1055 Canada Place,
Vancouver) on Sunday January 19 – Monday January 20, 2020.
The Vancouver Resource Investment Conference has been the bellwether of the junior mining market for the last twenty-five years. It is the number one source of information for investment trends and ideas, covering all aspects of the natural resource industry.
Each year, the VRIC hosts over 60 keynote speakers, 350 exhibiting companies and 9000 investors.
Investment thought leaders and wealth influencers provide our audiences with valuable insights. C-suite company executives covering every corner of the mineral exploration sector as well as metals, oil & gas, renewable energy, media and financial services companies are available to speak one on one. This is a must-attend for investors and stakeholders in the global mining industry.
For more information and/or to register for the conference please visit: https://cambridgehouse.com/vancouver-resource-investment-conference.
We look forward to seeing you there.
About Moneta
The Company holds a 100% interest in 6 core gold projects strategically located along the Destor-Porcupine Fault Zone in the Timmins Gold Camp with over 85 million ounces of past gold production. The projects consist of the Golden Highway, North Tisdale, Nighthawk Lake, DeSantis East, Kayorum and Denton projects. The Golden Highway Project covers 12 kilometres of prospective ground along the DPFZ of which 4 km hosts the current 43-101 mineral resource estimate comprised of an indicated resource of 556,500 ounces gold contained within 3.82 Mt @ 4.53 g/t Au and a total of 1,174,000 ounces gold contained within 8.47 Mt @ 4.31 g/t Au in the inferred category at a 3.00 g/t Au cut-off.
For further information:
Moneta Porcupine
Gary O'Connor
416-357-3319/705-264-2296
goconnor@monetaporcupine.com
http://www.monetaporcupine.com
January 14, 2020 - 7:15 AM PST
Metals & Mining | Industrial Metals & Minerals | Moneta Porcupine Mines Inc.
1
NYBob
4 years ago
Moneta Reports Improved Metallurgical Gold Recoveries
2 days ago from Canada NewsWire
Canada NewsWire
TORONTO, Jan. 14, 2020
TSX: ME
TORONTO, Jan. 14, 2020 /CNW/ -
Moneta Porcupine Mines Inc. (TSX:ME) (OTC:MPUCF) (XETRA:MOP) ("Moneta" or the "Company") is pleased to announce the results of gold recovery test work conducted on drill core samples from the South West deposit, Golden Highway Project, located 110 km east of Timmins, Ontario, (see Figure 1).
Moneta Porcupine Mines Inc. (CNW Group/Moneta Porcupine Mines Inc.)
Highlights:
Metallurgical gold recovery test work showed increased gold recoveries from drill core from the South West deposit included in the November 2019 Mineral Resource Estimate:
Gold recoveries (gravity and leach) increased to 93.9% at a standard grind size
Gold recoveries (gravity and leach) increased to 95.5% at a finer grind size
Gravity recovery of gold averaged 50.6%
Whole ore leach gold recoveries increased to 93.4% recovery
Combination of higher head grade and gravity recovery increased
recoveries by 1.4% for standard grind and 2.0% for finer grind size
Optimal recoveries at low CN concentrations (0.5 g/L) with low reagent
consumptions
Gary O'Connor, CEO & Chief Geologist commented, "We are pleased that the latest metallurgical gold recovery test-work has resulted in higher gold recoveries with no deleterious elements present. The test work indicated gold recoveries of up to 93.9% with 50.6% being recovery by gravity, with standard grind sizes at an estimated head grade of 4.65 g/t Au, and up to 95.5% at finer grind sizes."
The metallurgical gold recovery test-work was conducted to assess the
potential gold recoveries and optimum process flow sheet required to
develop the project at a head grade reflective of the latest mineral
resource estimate on the South West Deposit (Press release issued
November 26, 2019).
The test work was conducted on a composite sample collected from 36.20 m
of quarter core sampled from 2018 and 2019 drill holes completed on the
South West deposit (including the Gap Zone).
The sample weighed 33.47 kg with an estimated grade of 4.65 g/t Au
based on core assays, selected to be spatially and geologically
representative of the deposit.
Metallurgical test work was undertaken by SGS Canada Minerals Lakefield
at the SGS Lakefield Laboratory, Ontario.
Table 1: Total (Gravity and Leach) Gold Recoveries
Sample
Grind Size
Gravity Rec-y
CN Conc
Leach Tail
Leach Rec-y
Head Grade
Recovery*
(#)
(P80, µm)
(%)
(g/L)
(g/t Au)
(%)
(g/t Au)
(%)
CN-1
79
50.6%
0.50
0.26
88.8
4.58
94.3
CN-2
79
50.6%
0.50
0.26
88.0
4.27
93.9
CN-2R
79
50.6%
0.50
0.28
89.0
4.33
93.5
Average
79
50.6%
0.50
0.27
88.6
4.39
93.9
* Normalized Overall Au Recovery = Normalized Overall Au Extraction/100 * (100 - gravity recovery) + gravity recovery
Discussion of South West Gold Metallurgical Test Work Recovery Results
The metallurgical test-work showed that total gold recovery averaging 93.9% was achievable at a 79 micron grind size, with 50.6% of the gold recovered by gravity at a head grade reflective of the updated mineral resource (Table 1). Finer grinding to 59 micron resulted in an average total gold recovery of 95.5% with 50.6% recovered by gravity (Table 2). Whole ore leaching returned recoveries of 93.4%, (Table 3). Optimum recoveries were achieved after 24 hours leaching after gravity recovery, at a CN concentration of 0.5 g/L, with average laboratory test-work consumption of 1.1 kg/t CN and 1.1 kg/t lime. Lower CN concentration levels and oxygen addition indicated lower overall recoveries (Table 4).
The test work also confirmed that the composite and process tails contained no elevated levels of deleterious elements. Previous test work, also conducted by SGS Canada on composite samples with an average head grade of 0.86 g/t Au without gravity recovery, showed an average total recovery of 92.5% at the standard grind size and 93.5% on the finer grind under similar laboratory conditions. The combination of a higher head grade and use of gravity recovery has resulted in higher gold recoveries. Finer grinding also increases the overall gold recovery.
Table 2: Total (Gravity and Leach) Gold Recoveries: Fine Grind
Sample
Grind Size
Gravity Rec-y
CN Conc.
Leach Tail
Leach Rec-y
Head Grade
Recovery*
(#)
(P80, µm)
(%)
(g/L)
(g/t Au)
(%)
(g/t Au)
(%)
CN-3
59
50.6%
0.50
0.21
91.0
4.49
95.6
CN-3R
59
50.6%
0.50
0.21
91.0
4.37
95.4
Average
59
50.6%
0.50
0.14
91.0
4.43
95.5
* Normalized Overall Au Recovery = Normalized Overall Au Extraction/100 * (100 - gravity recovery) + gravity recovery
Table 3: Whole Ore Leach Gold Recoveries
Sample
Grind Size
Gravity Rec-y
CN Conc
Leach Tail
Leach Rec-y
Head Grade
Recovery*
(#)
(P80, µm)
(%)
(g/L)
(g/t Au)
(%)
(g/t Au)
(%)
CN-7
77
NA
0.50
0.30
93.4
4.40
93.4
Table 4: Total (Gravity and Leach) Gold Recoveries; Various Grind Sizes
Sample
Grind Size
Gravity Rec-y
CN Conc.
Leach Tail
Leach Rec-y
Head Grade
Recovery*
(#)
(P80, µm)
(%)
(g/L)
(g/t Au)
(%)
(g/t Au)
(%)
CN-5
79
50.6%
0.35
0.31
88.9
4.66
93.3
CN-6
79
50.6%
0.25
0.38
87.6
4.66
91.8
CN-7
79
50.6%
0.50**
0.36
85.1
4.70
92.2
* Normalized Overall Au Recovery = Normalized Overall Au Extraction/100 * (100 - gravity recovery) + gravity recovery
** Oxygen addition
QA/QC Procedures
All core drilling conducted by Moneta was oriented. Drill core is cut with half sent to AGAT Laboratories Inc. (AGAT) for drying and crushing to -2 mm, with a 1.00 kg split pulverized to -75 µm (200#). AGAT is an ISO 17025 accredited laboratory. A 50 g charge is Fire Assayed and analyzed using an AAS finish for Gold. Samples above 10.00 g/t Au are analyzed by Fire Assay with a gravimetric finish and selected samples with visible gold or high-grade mineralization are assayed by Metallic Screen Fire Assay on a 1.00 kg sample. Moneta inserts independent certified reference material and blanks with the samples and assays routine pulp repeats and coarse reject sample duplicates, as well as completing third-party check assays at Activation Laboratories Ltd. SGS Canada Minerals Lakefield conducted the metallurgical test work at the SGS Lakefield, Ontario Laboratory. SGS Canada Inc. conforms to the requirements of ISO/IEC 17025 and is accredited by the Standards Council of Canada for the specific tests undertaken. Gary O'Connor, FAusIMM is a qualified person under NI 43-101 and has reviewed and approved the contents of this press release.
About Moneta
The Company holds a 100% interest in 6 core gold projects strategically located along the Destor-Porcupine Fault Zone in the Timmins Gold Camp with over 85 million ounces of past gold production. The projects consist of the Golden Highway, North Tisdale, Nighthawk Lake, DeSantis East, Kayorum and Denton projects. The Golden Highway Project covers 12 kilometres of prospective ground along the DPFZ of which 4 km hosts the current 43-101 mineral resource estimate comprised of an indicated resource of 556,500 ounces gold contained within 3.82 Mt @ 4.53 g/t Au and a total of 1,174,000 ounces gold contained within 8.47 Mt @ 4.31 g/t Au in the inferred category at a 3.00 g/t Au cut-off.
The Company's public documents may be accessed at www.sedar.com. For further information on the Company, please visit our website at www.monetaporcupine.com or email us at info@monetaporcupine.com.
This news release includes certain forward-looking information and forward-looking statements, collectively "forward-looking statements" within the meaning of applicable Canadian securities legislation. Forward-looking statements are frequently identified by such words as "may", "will", "plan", "expect", "anticipate", "estimate", "intend" and similar words referring to future events and results. Forward-looking statements include, but are not limited to information with respect to the future performance of the business, its operations and financial performance and condition such as the Company's drilling program and the timing and results thereof; and the ability of the Company to finance and carry out its anticipated goals and objectives.
Forward-looking statements are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of mineral exploration and development, fluctuating commodity prices, competitive risks and the availability of financing, as described in more detail in our recent securities filings available at www.sedar.com. Actual events or results may differ materially from those projected in the forward looking-statements and we caution against placing undue reliance thereon. We assume no obligation to revise or update these forward-looking statements.
SOURCE Moneta Porcupine Mines Inc.
View original content to download multimedia: http://www.newswire.ca/en/releases/archive/January2020/14/c6717.html
please contact: Gary V. O'Connor, CEO and Chief Geologist, 416-357-3319; Ian C. Peres, President and CFO, 416-579-3040Copyright CNW Group 2020
Canada Newswire
January 14, 2020 - 4:30 AM PST
Metals & Mining | Industrial Metals & Minerals | Moneta Porcupine Mines Inc.
1
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NYBob
5 years ago
Moneta Porcupine Mines Inc. ME TSX Exchange 1st mining comp. listed @ TSE & One of the Oldest Gold Mining Producer In Canada -
Moneta Gold Mine The Highest average grade
Gold Mine Producer in Timmins -
still virgin because the mill destroyed early by fire -
the mining were @ shallow level -
the rich ore often start below 1000 meter deep -
The Moneta Gold Mine is located in the NW portion of
Moneta’s Kayorum property and is immediately
adjacent to the east to the Hollinger Gold Mine.
Total production between 1938-1943 was
149,250 oz gold
from 314,829 tons at an average grade of 0.47 oz/t.
The Moneta Gold Mine underground infrastructure includes
a shaft to 1,492 feet with 6 levels of development.
Moneta’s Gold Mine Kayorum property is of particular interest
as the immediately adjacent Hollinger Gold Mine pit project
has been approved with development underway in 2012.
The project envisions a 200-250m deep multiple phase open pit
based on a 2010 resource of 3.47Mozs and 782,000 oz in reserves.
Exploration drill programs have also identified several underground
mining opportunities by ramp and existing underground infrastructure
for both the Hollinger (Millerton) and
McIntyre (Central Porphyry Zone) mines -
Hollinger underground working butt right up the border
of Moneta Gold Mine @ Moneta’s Kayorum property still very large
gold mine property -
https://en.wikipedia.org/wiki/Hollinger_Mines
Moneta Announces Closing of Strategic Investment by Eric Sprott -
http://crweworld.com/article/news-provided-by-pr-newswire/1246018/moneta-announces-closing-of-strategic-investment-by-eric-sprott#
Moneta holds a 100% interest in 5 core gold projects and a 50% JV with
Kirkland Lake Gold strategically located on or along
the Destor Porcupine Fault Zone corridor (“Destor”), one of the key
mineralized structures in the Abitibi Greenstone belt in Ontario, with
excellent infrastructure including access roads, water, electricity,
and mills.
Most gold mineralization in the region is associated with the Destor,
including significant resources and producing mines now operated by
Porcupine Gold Mines (Goldcorp) and several others such as Tahoe
Resources, McEwen Mining, and Kirkland Lake Gold.
The Golden Highway Camp has experienced rapid advancement of gold
resources by Moneta and others including Osisko Mining reflecting the
strong regional gold potential.
Moneta has interests in 1,046 claim units each approximately 16 hectares
in area (total area approximately 16,800 hectares) in the form of
mining patents, leases and staked claims.
Most of the Company’s landholdings are not subject to any royalty or
encumbrances other than minor royalties to third parties on a limited
number of claims primarily outside the Golden Highway Project.
The Porcupine Camp and Golden Highway Camp (here collectively referred
to as “Timmins Camp“) is one of the most prolific gold-producing areas
in the world with over 75 million ounces of gold produced to date,
including that from some 26 mines, each of which generated more than
100,000 ounces.
Moneta’s land position for gold exploration is one of the largest in the
Timmins Camp including a commanding position in the emerging
Golden Highway Camp as well as an established position
in the Porcupine Camp.
The Golden Highway Project is a largely contiguous land package of
689 claim units or approximately 11,000 hectares, and contains a
significant gold NI 43-101 Resource Estimate (Jan 2019)
containing 383,400 oz indicated (2.6Mt @ 4.61 g/t)
plus 873,200 oz inferred (6.5Mt @ 4.21 g/t).
Click to enlarge
Moneta’s recent primary gold exploration and resource development focus has
been the Golden Highway Project centred in Michaud Township 100 km east of
Timmins, Ontario along Highway 101, a major all-season route.
The Golden Highway Project captures 12 kms of the Destor Porcupine Fault
Zone Corridor, one of the most prolific Archean gold-bearing structures in the
world.
The project currently hosts a NI 43-101 resource, spanning only 4 km of the
corridor and found primarily within sedimentary host rocks along a southern
splay of the Destor. Resource growth potential exists along
the remaining 8 km of largely untested strike length along the Destor
in contact with ultramafic units, where limited historical drilling has already
confirmed gold mineralization.
The main unconformity which occurs as the mafic volcanic-sediment contact
also remains largely untested.
Moneta also has a 50% stake in the Garrison JV with Kirkland Lake Gold in the
Golden Highway Camp.
Moneta continues to maintain a large land holding in
Porcupine Gold Camp which includes the gold properties of
North Tisdale, Nighthawk Lake, Kayorum, DeSantis and Denton.
Additional properties with strategic value are historical base metal projects and
include Loveland Nickel (Ni), Kamiskotia (Cu/Zn), and Fripp (Cu).
http://crweworld.com/article/news-provided-by-pr-newswire/1246018/moneta-announces-closing-of-strategic-investment-by-eric-sprott#
In GOD We Trust -
https://www.kitco.com/images/live/silver.gif?0.8344882022363285
http://www.kitconet.com/images/live/au0001wb.gif
Gold & Silver is the only REAL Legal Tender -
by The Founding Fathers for your -
Rights, Liberty and Freedom -
http://www.biblebelievers.org.au/monie.htm
God Bless America
Ps.
opinion appreciated
TIA
NYBob
5 years ago
Moneta Porcupine Mines Inc. ME TSX Exchange 1st mining comp. listed @ TSE & One of the Oldest Gold Mining Producer In Canada -
image:
Moneta Gold Mine The Highest average grade
Gold Mine Producer in Timmins -
still virgin because the mill destroyed early by fire -
the mining were @ shallow level -
the rich ore often start below 1000 meter deep -
The Moneta Gold Mine is located in the NW portion of
Moneta’s Kayorum property and is immediately
adjacent to the east to the Hollinger Gold Mine.
Total production between 1938-1943 was
149,250 oz gold
from 314,829 tons at an average grade of 0.47 oz/t.
The Moneta Gold Mine underground infrastructure includes
a shaft to 1,492 feet with 6 levels of development.
Moneta’s Gold Mine Kayorum property is of particular interest
as the immediately adjacent Hollinger Gold Mine pit project
has been approved with development underway in 2012.
The project envisions a 200-250m deep multiple phase open pit
based on a 2010 resource of 3.47Mozs and 782,000 oz in reserves.
Exploration drill programs have also identified several underground
mining opportunities by ramp and existing underground infrastructure
for both the Hollinger (Millerton) and
McIntyre (Central Porphyry Zone) mines -
Hollinger underground working butt right up the border
of Moneta Gold Mine @ Moneta’s Kayorum property still very large
gold mine property -
https://en.wikipedia.org/wiki/Hollinger_Mines
Moneta Announces Closing of Strategic Investment by Eric Sprott -
http://crweworld.com/article/news-provided-by-pr-newswire/1246018/moneta-announces-closing-of-strategic-investment-by-eric-sprott#
Moneta holds a 100% interest in 5 core gold projects and a 50% JV with
Kirkland Lake Gold strategically located on or along
the Destor Porcupine Fault Zone corridor (“Destor”), one of the key
mineralized structures in the Abitibi Greenstone belt in Ontario, with
excellent infrastructure including access roads, water, electricity,
and mills.
Most gold mineralization in the region is associated with the Destor,
including significant resources and producing mines now operated by
Porcupine Gold Mines (Goldcorp) and several others such as Tahoe
Resources, McEwen Mining, and Kirkland Lake Gold.
The Golden Highway Camp has experienced rapid advancement of gold
resources by Moneta and others including Osisko Mining reflecting the
strong regional gold potential.
Moneta has interests in 1,046 claim units each approximately 16 hectares
in area (total area approximately 16,800 hectares) in the form of
mining patents, leases and staked claims.
Most of the Company’s landholdings are not subject to any royalty or
encumbrances other than minor royalties to third parties on a limited
number of claims primarily outside the Golden Highway Project.
The Porcupine Camp and Golden Highway Camp (here collectively referred
to as “Timmins Camp“) is one of the most prolific gold-producing areas
in the world with over 75 million ounces of gold produced to date,
including that from some 26 mines, each of which generated more than
100,000 ounces.
Moneta’s land position for gold exploration is one of the largest in the
Timmins Camp including a commanding position in the emerging
Golden Highway Camp as well as an established position
in the Porcupine Camp.
The Golden Highway Project is a largely contiguous land package of
689 claim units or approximately 11,000 hectares, and contains a
significant gold NI 43-101 Resource Estimate (Jan 2019)
containing 383,400 oz indicated (2.6Mt @ 4.61 g/t)
plus 873,200 oz inferred (6.5Mt @ 4.21 g/t).
image:
Click to enlarge
Moneta’s recent primary gold exploration and resource development focus has
been the Golden Highway Project centred in Michaud Township 100 km east of
Timmins, Ontario along Highway 101, a major all-season route.
The Golden Highway Project captures 12 kms of the Destor Porcupine Fault
Zone Corridor, one of the most prolific Archean gold-bearing structures in the
world.
The project currently hosts a NI 43-101 resource, spanning only 4 km of the
corridor and found primarily within sedimentary host rocks along a southern
splay of the Destor. Resource growth potential exists along
the remaining 8 km of largely untested strike length along the Destor
in contact with ultramafic units, where limited historical drilling has already
confirmed gold mineralization.
The main unconformity which occurs as the mafic volcanic-sediment contact
also remains largely untested.
Moneta also has a 50% stake in the Garrison JV with Kirkland Lake Gold in the
Golden Highway Camp.
Moneta continues to maintain a large land holding in
Porcupine Gold Camp which includes the gold properties of
North Tisdale, Nighthawk Lake, Kayorum, DeSantis and Denton.
Additional properties with strategic value are historical base metal projects and
include Loveland Nickel (Ni), Kamiskotia (Cu/Zn), and Fripp (Cu).
http://crweworld.com/article/news-provided-by-pr-newswire/1246018/moneta-announces-closing-of-strategic-investment-by-eric-sprott#
In GOD We Trust -
https://www.kitco.com/images/live/silver.gif?0.8344882022363285
http://www.kitconet.com/images/live/au0001wb.gif
Gold & Silver is the only REAL Legal Tender -
by The Founding Fathers for your -
Rights, Liberty and Freedom -
http://www.biblebelievers.org.au/monie.htm
God Bless America
Ps.
opinion appreciated
TIA
NYBob
5 years ago
Moneta holds a 100% interest in 5 core gold projects and a 50% JV with
Kirkland Lake Gold strategically located on or along
the Destor Porcupine Fault Zone corridor (“Destor”), one of the key
mineralized structures in the Abitibi Greenstone belt in Ontario, with
excellent infrastructure including access roads, water, electricity,
and mills.
Most gold mineralization in the region is associated with the Destor,
including significant resources and producing mines now operated by
Porcupine Gold Mines (Goldcorp) and several others such as Tahoe
Resources, McEwen Mining, and Kirkland Lake Gold.
The Golden Highway Camp has experienced rapid advancement of gold
resources by Moneta and others including Osisko Mining reflecting the
strong regional gold potential.
Moneta has interests in 1,046 claim units each approximately 16 hectares
in area (total area approximately 16,800 hectares) in the form of
mining patents, leases and staked claims.
Most of the Company’s landholdings are not subject to any royalty or
encumbrances other than minor royalties to third parties on a limited
number of claims primarily outside the Golden Highway Project.
The Porcupine Camp and Golden Highway Camp (here collectively referred
to as “Timmins Camp“) is one of the most prolific gold-producing areas
in the world with over 75 million ounces of gold produced to date,
including that from some 26 mines, each of which generated more than
100,000 ounces.
Moneta’s land position for gold exploration is one of the largest in the
Timmins Camp including a commanding position in the emerging
Golden Highway Camp as well as an established position
in the Porcupine Camp.
The Golden Highway Project is a largely contiguous land package of
689 claim units or approximately 11,000 hectares, and contains a
significant gold NI 43-101 Resource Estimate (Jan 2019)
containing 383,400 oz indicated (2.6Mt @ 4.61 g/t)
plus 873,200 oz inferred (6.5Mt @ 4.21 g/t).
Click to enlarge
Moneta’s recent primary gold exploration and resource development focus has been the Golden Highway Project centred in Michaud Township 100 km east of Timmins, Ontario along Highway 101, a major all-season route. The Golden Highway Project captures 12 kms of the Destor Porcupine Fault Zone Corridor, one of the most prolific Archean gold-bearing structures in the world. The project currently hosts a NI 43-101 resource, spanning only 4 km of the corridor and found primarily within sedimentary host rocks along a southern splay of the Destor. Resource growth potential exists along the remaining 8 km of largely untested strike length along the Destor in contact with ultramafic units, where limited historical drilling has already confirmed gold mineralization. The main unconformity which occurs as the mafic volcanic-sediment contact also remains largely untested. Moneta also has a 50% stake in the Garrison JV with Kirkland Lake Gold in the Golden Highway Camp.
Moneta continues to maintain a large land holding in Porcupine Gold Camp which includes the gold properties of North Tisdale, Nighthawk Lake, Kayorum, DeSantis and Denton. Additional properties with strategic value are historical base metal projects and include Loveland Nickel (Ni), Kamiskotia (Cu/Zn), and Fripp (Cu).
NYBob
5 years ago
Moneta Announces Closing of Strategic Investment by Eric Sprott
9-20-19 8:00 AM EDT
| EmailArticleMoneta Announces Closing of Strategic Investment by Eric Sprott
Canada NewsWireTORONTO, Sept. 20, 2019
Symbol: TSX: ME
TORONTO, Sept. 20, 2019 /CNW/ -
Moneta Porcupine Mines Inc. (TSX:ME) (OTC:MPUCF) (XETRA:MOP) ("Moneta" or the "Company") is pleased to announce the closing of a non-brokered private placement financing with Eric Sprott of (a) 4,545,455 common shares at a price of $0.11 per share (the "Shares") and (b) 15,625,000 common shares at a price of $0.16 per share, issued on a flow-through basis (the "Flow Through Shares"), for total gross proceeds of $3.0 million and an aggregate total of 20,170,455 shares (the "Placement").
Moneta Porcupine Mines Inc. (CNW Group/Moneta Porcupine Mines Inc.)
The placement increases Mr. Sprott's shareholding to 27,870,455 shares, or 9.0% of the total shares outstanding.
Gary O'Connor, CEO and Chief Geologist stated "We are pleased to have the continued confidence of Eric Sprott as a strategic long-term investor in Moneta. In addition to a forthcoming resource estimate update at South West, these additional funds will allow us to expand and accelerate the drill program to test the resource expansion potential at the immediately adjacent deposits and test new zones of mineralization identified on our Golden Highway Project".
The proceeds of the Flow Through Shares will be used to incur Canadian exploration expenditures that are "flow-through mining expenditures" (as such terms are defined in the Income Tax Act (Canada)) on the Company's Golden Highway project, which will be renounced to the subscribers with an effective date no later than December 31, 2019, in the aggregate amount of not less than the total amount of the gross proceeds raised from the Flow Through Shares. The Placement is subject to a standard four month hold period and final regulatory approval. Paradigm Capital acted as Moneta's financial advisor in connection with the Placement.
About Moneta
The Company holds a 100% interest in 6 core gold projects strategically located along the Destor-Porcupine Fault Zone in the Timmins Gold Camp with over 85 million ounces of past gold production. The projects consist of the Golden Highway, North Tisdale, Nighthawk Lake, DeSantis East, Kayorum and Denton projects. The Golden Highway Project covers 12 kilometres of prospective ground along the DPFZ of which 4 km hosts the current 43-101 mineral resource estimate comprised of an indicated resource of 383,400 ounces gold contained within 2.59 Mt @ 4.61 g/t Au and 873,200 ounces gold contained within 6.46 Mt @ 4.21 g/t Au in the inferred category reported at a 3.00 g/t Au cut-off.
The Company's public documents may be accessed at www.sedar.com. For further information on the Company, please visit our website at www.monetaporcupine.com or email us at info@monetaporcupine.com.
This news release includes certain forward-looking information and forward-looking statements, collectively "forward-looking statements" within the meaning of applicable Canadian securities legislation. Forward-looking statements are frequently identified by such words as "may", "will", "plan", "expect", "anticipate", "estimate", "intend" and similar words referring to future events and results. Forward-looking statements include, but are not limited to information with respect to the future performance of the business, its operations and financial performance and condition such as the Company's drilling program and the timing and results thereof; and the ability of the Company to finance and carry out its anticipated goals and objectives.
SOURCE Moneta Porcupine Mines Inc.
View original content to download multimedia: http://www.newswire.ca/en/releases/archive/September2019/20/c4505.html
NYBob
5 years ago
Moneta Porcupine Mines Inc. > Gary O'Connor, CEO & Chief Geologist
TSX: ME . US: MPUCF -
https://www.gowebcasting.com/events/precious-metals-summit-conferences-llc/2019/09/13/moneta-porcupine-mines-inc/play/stream/28416
News: $MPUCF Moneta announces increase in Eric Sprott stake to 9.0% -
whytestocks thank you great News )
Moneta announces increase in Eric Sprott stake to 9.0% Canada NewsWire TORONTO, Sept. 10, 2019 Symbol: TSX: ME TORONTO , Sept. 10, 2019 /CNW/ - Moneta Porcupine Mines Inc. (TSX:ME) (OTC:MPUCF) (XETRA:MOP) ("Moneta" or the "Company") is pleased to announce a non-...
Got this from MPUCF - Moneta announces increase in Eric Sprott stake to 9.0%
Moneta announces increase in Eric Sprott stake to 9.0%
home / news releases / Moneta announces increase in Eric Sprott stake to 9.0%
September, 10 2019 08:00 AM | Canada Newswire |
Canada NewsWire
TORONTO, Sept. 10, 2019
Symbol: TSX: ME
TORONTO, Sept. 10, 2019 /CNW/ - Moneta Porcupine Mines Inc. (TSX:ME) (OTC:MPUCF) (XETRA:MOP) ("Moneta" or the "Company") is pleased to announce a non-brokered private placement financing with Eric Sprott (the "Placement") of (a) 4,545,455 common shares (the "Shares") at a price of $0.11 per share and (b) 15,625,000 common shares at a price of $0.16 per share, issued on a flow-through basis (the "Flow Through Shares"), for an aggregate amount of $3,000,000 and 20,170,455 shares. The placement will increase Mr. Sprott's shareholding to 27,870,455 shares, equivalent to 9.0% of the total shares outstanding.
The proceeds of the Flow Through Shares will be used to incur Canadian exploration expenditures that are "flow-through mining expenditures" (as such terms are defined in the Income Tax Act (Canada)) on the Company's Golden Highway project, which will be renounced to the subscribers with an effective date no later than December 31, 2019, in the aggregate amount of not less than the gross proceeds raised for the Flow Through Shares portion of this Placement. A total of one hundred and thirty three thousand dollars was paid in cash finder's fees. Closing of the Placement is expected to close shortly. The Placement is subject to a standard four month hold period and final regulatory approval.
About Moneta
The Company holds a 100% interest in 6 core gold projects strategically located along the Destor-Porcupine Fault Zone ("DPFZ") in the Timmins Gold Camp with over 85 million ounces of past gold production. The projects consist of the Golden Highway, North Tisdale, Nighthawk Lake, DeSantis East, Kayorum and Denton projects. The Golden Highway Project covers 12 kilometres of prospective ground along the DPFZ of which 4 km hosts the current NI 43-101 mineral resource estimate comprised of an indicated resource of 383,400 ounces gold contained within 2.59 Mt @ 4.61 g/t Au and a total of 873,200 ounces gold contained within 6.46 Mt @ 4.21 g/t Au in the inferred category at a 3.00 g/t Au cut-off.
The Company's public documents may be accessed at www.sedar.com. For further information on the Company, please visit our website at www.monetaporcupine.com or email us at info@monetaporcupine.com.
This news release includes certain forward-looking information and forward-looking statements, collectively "forward-looking statements" within the meaning of applicable Canadian securities legislation. Forward-looking statements are frequently identified by such words as "may", "will", "plan", "expect", "anticipate", "estimate", "intend" and similar words referring to future events and results. Forward-looking statements include, but are not limited to information with respect to the future performance of the business, its operations and financial performance and condition such as the Company's drilling program and the timing and results thereof; and the ability of the Company to finance and carry out its anticipated goals and objectives.
Forward-looking statements are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of mineral exploration and development, fluctuating commodity prices, competitive risks and the availability of financing, as described in more detail in our recent securities filings available at www.sedar.com. Actual events or results may differ materially from those projected in the forward looking-statements and we caution against placing undue reliance thereon. We assume no obligation to revise or update these forward-looking statements.
SOURCE Moneta Porcupine Mines Inc.
View original content to download multimedia: http://www.newswire.ca/en/releases/archive/September2019/10/c9088.html
Gary V. O'Connor, CEO and Chief Geologist, 416-357-3319; Ian C. Peres, President and CFO, 416-579-3040Copyright CNW Group 2019
https://marketwirenews.com/news-releases/moneta-announces-increase-in-eric-sprott-stake-to-9--8625789389388808.html
In GOD We Trust -
http://www.kitconet.com/images/live/au0001wb.gif
Gold & Silver is the only REAL Legal Tender -
by The Founding Fathers for your -
Rights, Liberty and Freedom -
http://www.biblebelievers.org.au/monie.htm
God Bless America
Ps.
opinion appreciated
TIA
NYBob
5 years ago
News: $MPUCF Moneta announces increase in Eric Sprott stake to 9.0% -
whytestocks thank you great News )
Moneta announces increase in Eric Sprott stake to 9.0% Canada NewsWire TORONTO, Sept. 10, 2019 Symbol: TSX: ME TORONTO , Sept. 10, 2019 /CNW/ - Moneta Porcupine Mines Inc. (TSX:ME) (OTC:MPUCF) (XETRA:MOP) ("Moneta" or the "Company") is pleased to announce a non-...
Got this from MPUCF - Moneta announces increase in Eric Sprott stake to 9.0%
Moneta announces increase in Eric Sprott stake to 9.0%
home / news releases / Moneta announces increase in Eric Sprott stake to 9.0%
September, 10 2019 08:00 AM | Canada Newswire |
Canada NewsWire
TORONTO, Sept. 10, 2019
Symbol: TSX: ME
TORONTO, Sept. 10, 2019 /CNW/ - Moneta Porcupine Mines Inc. (TSX:ME) (OTC:MPUCF) (XETRA:MOP) ("Moneta" or the "Company") is pleased to announce a non-brokered private placement financing with Eric Sprott (the "Placement") of (a) 4,545,455 common shares (the "Shares") at a price of $0.11 per share and (b) 15,625,000 common shares at a price of $0.16 per share, issued on a flow-through basis (the "Flow Through Shares"), for an aggregate amount of $3,000,000 and 20,170,455 shares. The placement will increase Mr. Sprott's shareholding to 27,870,455 shares, equivalent to 9.0% of the total shares outstanding.
The proceeds of the Flow Through Shares will be used to incur Canadian exploration expenditures that are "flow-through mining expenditures" (as such terms are defined in the Income Tax Act (Canada)) on the Company's Golden Highway project, which will be renounced to the subscribers with an effective date no later than December 31, 2019, in the aggregate amount of not less than the gross proceeds raised for the Flow Through Shares portion of this Placement. A total of one hundred and thirty three thousand dollars was paid in cash finder's fees. Closing of the Placement is expected to close shortly. The Placement is subject to a standard four month hold period and final regulatory approval.
About Moneta
The Company holds a 100% interest in 6 core gold projects strategically located along the Destor-Porcupine Fault Zone ("DPFZ") in the Timmins Gold Camp with over 85 million ounces of past gold production. The projects consist of the Golden Highway, North Tisdale, Nighthawk Lake, DeSantis East, Kayorum and Denton projects. The Golden Highway Project covers 12 kilometres of prospective ground along the DPFZ of which 4 km hosts the current NI 43-101 mineral resource estimate comprised of an indicated resource of 383,400 ounces gold contained within 2.59 Mt @ 4.61 g/t Au and a total of 873,200 ounces gold contained within 6.46 Mt @ 4.21 g/t Au in the inferred category at a 3.00 g/t Au cut-off.
The Company's public documents may be accessed at www.sedar.com. For further information on the Company, please visit our website at www.monetaporcupine.com or email us at info@monetaporcupine.com.
This news release includes certain forward-looking information and forward-looking statements, collectively "forward-looking statements" within the meaning of applicable Canadian securities legislation. Forward-looking statements are frequently identified by such words as "may", "will", "plan", "expect", "anticipate", "estimate", "intend" and similar words referring to future events and results. Forward-looking statements include, but are not limited to information with respect to the future performance of the business, its operations and financial performance and condition such as the Company's drilling program and the timing and results thereof; and the ability of the Company to finance and carry out its anticipated goals and objectives.
Forward-looking statements are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of mineral exploration and development, fluctuating commodity prices, competitive risks and the availability of financing, as described in more detail in our recent securities filings available at www.sedar.com. Actual events or results may differ materially from those projected in the forward looking-statements and we caution against placing undue reliance thereon. We assume no obligation to revise or update these forward-looking statements.
SOURCE Moneta Porcupine Mines Inc.
View original content to download multimedia: http://www.newswire.ca/en/releases/archive/September2019/10/c9088.html
Gary V. O'Connor, CEO and Chief Geologist, 416-357-3319; Ian C. Peres, President and CFO, 416-579-3040Copyright CNW Group 2019
https://marketwirenews.com/news-releases/moneta-announces-increase-in-eric-sprott-stake-to-9--8625789389388808.html
In GOD We Trust -
http://www.kitconet.com/images/live/au0001wb.gif
Gold & Silver is the only REAL Legal Tender -
by The Founding Fathers for your -
Rights, Liberty and Freedom -
http://www.biblebelievers.org.au/monie.htm
God Bless America
Ps.
opinion appreciated
TIA
NYBob
5 years ago
Crwe World | Moneta Intercepts 1.75 m @ 9.07 g/t Gold and 1.65 m @ 7.95 g/t Gold From Extensions at South West Deposit
https://shar.es/a0if0r
Moneta Intercepts 1.75 m @ 9.07 g/t Gold and 1.65 m @ 7.95 g/t Gold From Extensions at South West Deposit
[26-June-2019]
Symbol: TSX: ME
TORONTO, June 26, 2019 /CNW/ - Moneta Porcupine Mines Inc. (TSX:ME) (OTC:MPUCF) (XETRA:MOP) ("Moneta" or the "Company") is pleased to announce the results from two diamond drill holes on the 2019 winter drill program. The holes were completed on the South West Deposit ("South West") located within the Company's Golden Highway Project, 110 km east of Timmins, Ontario, (see Figure 1).
Moneta Porcupine Mines Inc. (CNW Group/Moneta Porcupine Mines Inc.)
Highlights:
Drill hole MGH19-113 intersected the extensions of the targeted Gap veins south of and at depth below the current resource at South West. MGH19-117 intersected the veins at depth below the updated resource.
MGH19-113
· Walnut Vein
Drill hole MGH19-113 intersected 3.75 metres ("m") @ 3.10 grams per tonne gold ("g/t Au") including 1.90 m @ 5.79 g/t Au including 0.90m @ 10.60 g/t Au, and 2.65 g/t Au @ 6.73 g/t Au including 1.75 m @ g/t expanding the width and grade of this vein
· Willow Vein
Drill hole MGH19-113 intersected 2.65 m @ 2.24 g/t Au, including 0.80 m @ 5.84 g/t Au extending this vein by 50 m to the south
· Sycamore Vein
Drill hole MGH19-113 intersected 1.65 m @ 7.95 g/t Au including 0.80 m @ 9.37 g/t Au extending the new Sycamore vein by 100 m to the south and 120 m to depth
MGH19-117
· Yew Vein
Drill hole MGH19-117 intersected 1.00 m @ 5.49 g/t Au and 4.00 m @ 2.17 g/t Au including 1.03 m @ 3.90 g/t Au upgrading the grade and width of this vein
· Gap-2 Vein
Drill hole MGH19-117 intersected 2.40 m @ 3.04 g/t Au including 0.70 m @ 8.04 g/t Au extending this vein 100 m to the south
· New Vein
Drill hole MGH19-117 intersected 3.00 m @ 2.57 g/t Au including 1.00 m @ 5.41 g/t Au from a new a new vein
Gary O'Connor, CEO & Chief Geologist commented, "We are encouraged by the ongoing success of the 2019 winter drill program which has continued to intersect the strike and depth extensions of the Gap series of veins at South West beyond the current resource adding up to 200 m strike length to the south and over 300 m depth extent. We are also pleased to have again intersected the depth and southern strike extensions of the new Sycamore vein. The drill program has intercepted many of the veins included in the current resource at South West upgrading the grade and width of veins and confirming the location and continuity. These intercepts will upgrade the confidence of the resource and potentially increase overall grade. The ongoing drill program is designed to continue to test the extensions of the Gap veins and the West Block area veins which were not included in the recent resource estimate update. The drill program is continuing to be successful at drilling the extensions of the resource."
The latest assay results are from the next two drill holes, MGH19-113 and MGH19-117, totalling 1,714.50 m of drilling completed at the South West deposit to test the southern and depth extensions of the Gap veins. The drill holes also infilled the eastern vein structures of the South West deposit upgrading and extending the resource and confirming vein locations, thicknesses and grade. The program has again confirmed the new vein Sycamore.
Table 1: South West: Selected Significant Drill Results
http://crweworld.com/article/news-provided-by-pr-newswire/1145668/moneta-intercepts-175-m-907-gt-gold-and-165-m-795-gt-gold-from-extensions-at-south-west-deposit
God Bless
MIKE2OO5
5 years ago
Christmas Eve present!!!!!!
.15 cent financing and.....
“There were no purchase warrants or finder's fees associated with this Placement and the subscriber agreed to a common share resale restriction that expires in one year, in December 2019. The Placement is subject to a standard four month hold period and final regulatory approval. “
Symbol: TSX: ME
MONDAY, DECEMBER 24, 2018
MONETA ANNOUNCES CLOSING OF FINANCING
December 24, 2018, Timmins, Ontario - Moneta Porcupine Mines Inc. (TSX:ME) (OTC:MPUCF) (XETRA:MOP) (the "Company") announced the closing of a non-brokered private placement ("Placement").
The Company issued 3,333,334 common shares on a flow-through basis at a price of $0.15 per share for gross proceeds of $500,000 ("Gross Proceeds").
Ian C. Peres, President and CFO commented, "This flow-through financing was fully subscribed by a long term strategic investor. This, in tandem with our other strong shareholders, will be instrumental as we release what we believe could be a transformational updated NI 43-101 resource estimate on our Golden Highway Project in January 2019."
The Gross Proceeds of the Placement will be used to incur Canadian exploration expenditures that are "flow-through mining expenditures" (as such terms are defined in the Income Tax Act (Canada)) on the Company's Golden Highway project, which will be renounced to the subscribers with an effective date no later than December 31, 2018.
There were no purchase warrants or finder's fees associated with this Placement and the subscriber agreed to a common share resale restriction that expires in one year, in December 2019. The Placement is subject to a standard four month hold period and final regulatory approval.
About Moneta
The Company holds a 100% interest in 5 core gold projects strategically located along the Destor-Porcupine Fault Zone in the Timmins Gold Camp with over 85 million ounces of past gold production. The projects consist of the Golden Highway, North Tisdale, Nighthawk Lake, Kayorum and Denton projects. The Golden Highway Project covers 12 kilometres of prospective ultramafic/mafic volcanic/sedimentary rocks along the DPFZ hosting a NI 43-101 indicated resource estimate of 1,091,000 ounces (31.1 Mt at 1.09 g/t Au) and 3,204,000 ounces inferred (83.3 Mt at 1.20 g/t Au), clustered within four kilometres.
FOR FURTHER INFORMATION, PLEASE CONTACT:
Gary V. O'Connor, CEO and Chief Geologist
416-357-3319
Ian C. Peres, President and CFO
416-579-3040
NYBob
5 years ago
Here you go! Thanks MIKE2005 )
Symbol: TSX: ME
WEDNESDAY, DECEMBER 05, 2018
MONETA IDENTIFIES MULTIPLE NEW MINERALIZED ZONES ON THE GOLDEN HIGHWAY PROJECT
Toronto, Ontario -- December 05, 2018 - Moneta Porcupine Mines Inc. (TSX:ME) (OTC:MPUCF) (XETRA:MOP) ("Moneta" or the "Company") is pleased to announce that it has identified multiple new high grade zones of gold mineralization on the Golden Highway Project, located 110 km east of Timmins, Ontario (see Figure 1). The new targets were identified during the 2018 geological re-interpretation and modelling of high-grade structures. The new zones occur outside the area of historical resources and the pending NI 43-101 resource estimate update due to be completed in early 2019.
Highlights:
Moneta has identified five (5) new structurally controlled zones of high-grade mineralization along the Banded Iron Formation contact (BIF), located outside of the pending resource update area
Halfway
Drill hole MWJ11-43 intersected 3.25 metres (m) @ 8.87 (grams per tonne) g/t Gold (Au), including 2.30 m @ 11.74 g/t Au;
Westaway
Drill hole MN-96-178 intersected 6.30 m @ 5.80 g/t Au, including 1.50 m @ 10.42 g/t Au;
Western
Drill hole MA03-14 intersected 5.50 m @ 4.26 g/t Au, including 2.00 m @ 9.90 g/t Au;
Windjammer South Deeps
Drill hole WJ88-40 intersected 2.00 m @ 3.29 g/t Au, including 1.00 m @ 5.80 g/t Au at depth below the pending resource;
Dyment 3
Drill hole MA06-33 intersected 1.50 m @ 3.07 g/t Au, including 0.50 m @ 7.20 g/t Au.
Gary O'Connor, CEO & Chief Geologist commented, "The new geological modeling and interpretation methodology has now been applied to five (5) new zones outside of the pending NI 43-101 resource estimate footprint. The new zones cover an eight (8) km strike length and have the same style of mineralization as seen in the gold zones to be included in the pending resource update. Re-logging and re-interpretation of the geological model at Golden Highway has focused on high grade gold mineralized structures located along a regional 12 km long Banded Iron Formation. These new zones will form part of a larger program to test drill targets expected to be identified in the pending resource estimate due in the New Year."
New Mineralized Targets:
The new Halfway, Windjammer South Deeps, Westaway, Dyment 3 and Western Zone targets are all located along over eight (8) kms of strike length on the southern margins of a 12 km long BIF unit hosted within clastic sediments of Timiskaming age. Mineralization and all targets occur as NW-SE trending steeply west dipping stockwork veining and associated vein structures located along or near the BIF contact. Historical drilling of targets has been limited, however the style and nature of mineralization is like the BIF related deposits currently the subject of a resource estimate update on the Golden Highway Project due to be completed in early 2019. The mineralized veins and stock-work veining within the new structures occur as quartz-pyrite veins within ankerite-sericite-silica-pyrite (+ albite) alteration halos.
Halfway: Is located over 500 m east of Windjammer South. Drill hole MWJ11-43 intersected 3.25 m @ 8.87 g/t Au including 2.30 m @ 11.74 g/t Au at 410.75 m down hole depth near the BIF contact. There are no other drill holes close to this intercept.
Westaway: Is located on over 1.50 kms of BIF contact between South West and "55". Drill hole MN-96-178 intersected 6.30 m @ 5.80 g/t Au including 1.50 m @ 10.42 g/t Au at a down hole depth of 146.70 m. Drill hole MN-96-178 intersected 2.90 m @ 5.64 g/t Au including 1.10 m @ 11.16 g/t Au at a down hole depth of 268.50 m. Drill hole MN-97-184 intersected 9.00 m @ 3.50 g/t Au including 3.20 m @ 6.14 g/t Au. The intercepts occur up to 200 m south of the BIF contact as sediment hosted quartz-pyrite veining.
Western: The Western area is located approximately 2.00 km west of the "55" deposit. Drill hole MA03-14 returned 5.50 m @ 4.26 g/t Au including 2.00 m @ 9.90 g/t Au at a down hole depth of 213.60 m. Hole MA03-15 intersected 1.50 m @ 8.42 g/t Au including 0.60 m @ 15.93 g/t Au at a depth of 147.60 m.
Windjammer South Deeps: Hole WJ88-40 was drilled to a depth of over 1,000 m, below the Windjammer South stockwork and vein system currently the subject of the pending resource update. The drill hole intersected a number of vein structures south and distal to the BIF contact intersecting 2.00 m @ 3.29 g/t Au including 1.00 m @ 5.80 g/t Au at 835.00 m and 11.00 m @ 1.24 g/t Au including 1.00 m @ 3.02 g/t Au at a depth of 945.60 m.
Dyment 3: The Dyment 3 area is located 1.0 km west of the "55" deposit. Drill hole MA06-33 intersected 1.50 m @ 3.07 g/t Au including 0.50 m @ 7.20 g/t Au at 242.45 m down hole depth.
Please click here for Figure 1: New Target Location Map - Golden Highway Project
http://www.monetaporcupine.com/i/maps/dec52018-fig1.jpg
Please click here for Figure 2: Golden Highway Project Regional Section: New Targets
http://www.monetaporcupine.com/i/maps/dec52018-fig2.jpg
Please click here for Figure 3: Golden Highway Project: New Target Areas (View to NW)
http://www.monetaporcupine.com/i/maps/dec52018-fig3.jpg
Table 1: Select Significant Intercepts: New Targets
Target Hole From To Length Au
Area # (m) (m) (m) g/t
Westaway MN-96-178 146.70 153.00 6.30 5.80
Includes 151.50 153.00 1.50 10.42
Westaway MN-96-178 268.50 271.40 2.90 5.64
Includes 268.50 269.60 1.10 11.16
Westaway MN-97-184 323.90 332.90 9.00 3.50
Includes 323.90 327.10 3.20 6.14
Westaway MN-97-186 176.40 179.70 3.30 6.22
Halfway MWJ11-43 410.75 414.00 3.25 8.87
includes 411.70 413.17 2.30 11.74
includes 411.70 413.17 1.47 16.86
Dyment MA06-33 242.45 243.95 1.50 3.07
includes 242.45 242.95 0.50 7.20
Dyment MA07-35X 123.12 123.52 0.40 5.49
Western MA03-13 213.60 218.00 4.40 2.47
includes 213.00 213.60 0.60 10.63
Western MA03-14 261.20 266.70 5.50 4.26
includes 263.70 265.70 2.00 9.90
includes 263.70 264.30 0.60 28.28
Western MA03-15 147.60 149.10 1.50 8.42
includes 148.00 148.60 0.60 15.93
Western MA03-16 191.00 191.40 0.40 23.52
Western MA04-22 207.00 208.00 1.00 7.34
includes 207.40 208.00 0.60 10.47
Western MA04-22 239.00 241.00 2.00 6.26
includes 239.50 240.50 1.00 10.05
WJS Deeps WJ88-40 239.70 243.90 4.20 3.91
includes 239.70 240.30 0.60 10.56
and 243.30 243.90 0.60 11.11
WJS Deeps WJ88-40 266.90 268.00 1.10 9.70
WJS Deeps WJ88-40 835.00 837.00 2.00 3.29
includes 836.00 837.00 1.00 5.80
WJS Deeps WJ88-40 945.60 957.50 11.90 1.24*
includes 951.50 952.50 1.00 3.02
Intercepts are calculated using a 2.0 g/t Au cut-off unless noted (*), a maximum of 2m internal dilution and no top cap applied. All intercepts are reported as drill widths and estimated to be 65% to 100% of true width.
QA/QC Procedures
All core drilling conducted by Moneta is oriented. Half sawn drill core is sent to ALS Canada Inc. for drying and crushing to -2 mm, with a 1.00 kg split pulverized to -75 µm (200#). A 50 g charge is Fire Assayed and analyzed using a AAS finish for Gold. Samples above 10.00 g/t Au are analyzed by Fire Assay with a gravimetric finish and selected samples with visible gold or high-grade mineralization are assayed by Metallic Screen Fire Assay on a 1.00 kg sample. Moneta inserts independent certified reference material and blanks with the samples, and assays routine pulp repeats and coarse reject sample duplicates with the samples, as well as completing third-party check assays at Activation Laboratories Ltd. Gary O'Connor, FAusIMM is a qualified person under NI 43-101 and has reviewed and approved the contents of this press release.
About Moneta
The Company holds a 100% interest in 5 core gold projects strategically located along the Destor-Porcupine Fault Zone in the Timmins Gold Camp with over 85 million ounces of past gold production. The projects consist of the Golden Highway, North Tisdale, Nighthawk Lake, Kayorum and Denton projects. The Golden Highway Project covers 12 kilometres of prospective ultramafic/mafic volcanic/sedimentary rocks along the DPFZ hosting a NI 43-101 indicated resource estimate of 1,091,000 ounces (31.1 Mt at 1.09 g/t Au) and 3,204,000 ounces inferred (83.3 Mt at 1.20 g/t Au), clustered within four kilometres.
FOR FURTHER INFORMATION, PLEASE CONTACT:
Gary V. O'Connor, CEO and Chief Geologist
416-357-3319
Ian C. Peres, President & CFO
416-579-3040
The Company's public documents may be accessed at www.sedar.com. For further information on the Company, please visit our website at www.monetaporcupine.com or email us at info@monetaporcupine.com.
Forward-looking statements are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of mineral exploration and development, fluctuating commodity prices,
Symbol: TSX: ME
WEDNESDAY, DECEMBER 05, 2018
MONETA IDENTIFIES MULTIPLE NEW MINERALIZED ZONES ON THE GOLDEN HIGHWAY PROJECT
Toronto, Ontario -- December 05, 2018 - Moneta Porcupine Mines Inc. (TSX:ME) (OTC:MPUCF) (XETRA:MOP) ("Moneta" or the "Company") is pleased to announce that it has identified multiple new high grade zones of gold mineralization on the Golden Highway Project, located 110 km east of Timmins, Ontario (see Figure 1). The new targets were identified during the 2018 geological re-interpretation and modelling of high-grade structures. The new zones occur outside the area of historical resources and the pending NI 43-101 resource estimate update due to be completed in early 2019.
Highlights:
Moneta has identified five (5) new structurally controlled zones of high-grade mineralization along the Banded Iron Formation contact (BIF), located outside of the pending resource update area
Halfway
Drill hole MWJ11-43 intersected 3.25 metres (m) @ 8.87 (grams per tonne) g/t Gold (Au), including 2.30 m @ 11.74 g/t Au;
Westaway
Drill hole MN-96-178 intersected 6.30 m @ 5.80 g/t Au, including 1.50 m @ 10.42 g/t Au;
Western
Drill hole MA03-14 intersected 5.50 m @ 4.26 g/t Au, including 2.00 m @ 9.90 g/t Au;
Windjammer South Deeps
Drill hole WJ88-40 intersected 2.00 m @ 3.29 g/t Au, including 1.00 m @ 5.80 g/t Au at depth below the pending resource;
Dyment 3
Drill hole MA06-33 intersected 1.50 m @ 3.07 g/t Au, including 0.50 m @ 7.20 g/t Au.
Gary O'Connor, CEO & Chief Geologist commented, "The new geological modeling and interpretation methodology has now been applied to five (5) new zones outside of the pending NI 43-101 resource estimate footprint. The new zones cover an eight (8) km strike length and have the same style of mineralization as seen in the gold zones to be included in the pending resource update. Re-logging and re-interpretation of the geological model at Golden Highway has focused on high grade gold mineralized structures located along a regional 12 km long Banded Iron Formation. These new zones will form part of a larger program to test drill targets expected to be identified in the pending resource estimate due in the New Year."
New Mineralized Targets:
The new Halfway, Windjammer South Deeps, Westaway, Dyment 3 and Western Zone targets are all located along over eight (8) kms of strike length on the southern margins of a 12 km long BIF unit hosted within clastic sediments of Timiskaming age. Mineralization and all targets occur as NW-SE trending steeply west dipping stockwork veining and associated vein structures located along or near the BIF contact. Historical drilling of targets has been limited, however the style and nature of mineralization is like the BIF related deposits currently the subject of a resource estimate update on the Golden Highway Project due to be completed in early 2019. The mineralized veins and stock-work veining within the new structures occur as quartz-pyrite veins within ankerite-sericite-silica-pyrite (+ albite) alteration halos.
Halfway: Is located over 500 m east of Windjammer South. Drill hole MWJ11-43 intersected 3.25 m @ 8.87 g/t Au including 2.30 m @ 11.74 g/t Au at 410.75 m down hole depth near the BIF contact. There are no other drill holes close to this intercept.
Westaway: Is located on over 1.50 kms of BIF contact between South West and "55". Drill hole MN-96-178 intersected 6.30 m @ 5.80 g/t Au including 1.50 m @ 10.42 g/t Au at a down hole depth of 146.70 m. Drill hole MN-96-178 intersected 2.90 m @ 5.64 g/t Au including 1.10 m @ 11.16 g/t Au at a down hole depth of 268.50 m. Drill hole MN-97-184 intersected 9.00 m @ 3.50 g/t Au including 3.20 m @ 6.14 g/t Au. The intercepts occur up to 200 m south of the BIF contact as sediment hosted quartz-pyrite veining.
Western: The Western area is located approximately 2.00 km west of the "55" deposit. Drill hole MA03-14 returned 5.50 m @ 4.26 g/t Au including 2.00 m @ 9.90 g/t Au at a down hole depth of 213.60 m. Hole MA03-15 intersected 1.50 m @ 8.42 g/t Au including 0.60 m @ 15.93 g/t Au at a depth of 147.60 m.
Windjammer South Deeps: Hole WJ88-40 was drilled to a depth of over 1,000 m, below the Windjammer South stockwork and vein system currently the subject of the pending resource update. The drill hole intersected a number of vein structures south and distal to the BIF contact intersecting 2.00 m @ 3.29 g/t Au including 1.00 m @ 5.80 g/t Au at 835.00 m and 11.00 m @ 1.24 g/t Au including 1.00 m @ 3.02 g/t Au at a depth of 945.60 m.
Dyment 3: The Dyment 3 area is located 1.0 km west of the "55" deposit. Drill hole MA06-33 intersected 1.50 m @ 3.07 g/t Au including 0.50 m @ 7.20 g/t Au at 242.45 m down hole depth.
Please click here for Figure 1: New Target Location Map - Golden Highway Project
http://www.monetaporcupine.com/i/maps/dec52018-fig1.jpg
Please click here for Figure 2: Golden Highway Project Regional Section: New Targets
http://www.monetaporcupine.com/i/maps/dec52018-fig2.jpg
Please click here for Figure 3: Golden Highway Project: New Target Areas (View to NW)
http://www.monetaporcupine.com/i/maps/dec52018-fig3.jpg
Table 1: Select Significant Intercepts: New Targets
Target Hole From To Length Au
Area # (m) (m) (m) g/t
Westaway MN-96-178 146.70 153.00 6.30 5.80
Includes 151.50 153.00 1.50 10.42
Westaway MN-96-178 268.50 271.40 2.90 5.64
Includes 268.50 269.60 1.10 11.16
Westaway MN-97-184 323.90 332.90 9.00 3.50
Includes 323.90 327.10 3.20 6.14
Westaway MN-97-186 176.40 179.70 3.30 6.22
Halfway MWJ11-43 410.75 414.00 3.25 8.87
includes 411.70 413.17 2.30 11.74
includes 411.70 413.17 1.47 16.86
Dyment MA06-33 242.45 243.95 1.50 3.07
includes 242.45 242.95 0.50 7.20
Dyment MA07-35X 123.12 123.52 0.40 5.49
Western MA03-13 213.60 218.00 4.40 2.47
includes 213.00 213.60 0.60 10.63
Western MA03-14 261.20 266.70 5.50 4.26
includes 263.70 265.70 2.00 9.90
includes 263.70 264.30 0.60 28.28
Western MA03-15 147.60 149.10 1.50 8.42
includes 148.00 148.60 0.60 15.93
Western MA03-16 191.00 191.40 0.40 23.52
Western MA04-22 207.00 208.00 1.00 7.34
includes 207.40 208.00 0.60 10.47
Western MA04-22 239.00 241.00 2.00 6.26
includes 239.50 240.50 1.00 10.05
WJS Deeps WJ88-40 239.70 243.90 4.20 3.91
includes 239.70 240.30 0.60 10.56
and 243.30 243.90 0.60 11.11
WJS Deeps WJ88-40 266.90 268.00 1.10 9.70
WJS Deeps WJ88-40 835.00 837.00 2.00 3.29
includes 836.00 837.00 1.00 5.80
WJS Deeps WJ88-40 945.60 957.50 11.90 1.24*
includes 951.50 952.50 1.00 3.02
Intercepts are calculated using a 2.0 g/t Au cut-off unless noted (*), a maximum of 2m internal dilution and no top cap applied. All intercepts are reported as drill widths and estimated to be 65% to 100% of true width.
QA/QC Procedures
All core drilling conducted by Moneta is oriented. Half sawn drill core is sent to ALS Canada Inc. for drying and crushing to -2 mm, with a 1.00 kg split pulverized to -75 µm (200#). A 50 g charge is Fire Assayed and analyzed using a AAS finish for Gold. Samples above 10.00 g/t Au are analyzed by Fire Assay with a gravimetric finish and selected samples with visible gold or high-grade mineralization are assayed by Metallic Screen Fire Assay on a 1.00 kg sample. Moneta inserts independent certified reference material and blanks with the samples, and assays routine pulp repeats and coarse reject sample duplicates with the samples, as well as completing third-party check assays at Activation Laboratories Ltd. Gary O'Connor, FAusIMM is a qualified person under NI 43-101 and has reviewed and approved the contents of this press release.
About Moneta
The Company holds a 100% interest in 5 core gold projects strategically located along the Destor-Porcupine Fault Zone in the Timmins Gold Camp with over 85 million ounces of past gold production. The projects consist of the Golden Highway, North Tisdale, Nighthawk Lake, Kayorum and Denton projects. The Golden Highway Project covers 12 kilometres of prospective ultramafic/mafic volcanic/sedimentary rocks along the DPFZ hosting a NI 43-101 indicated resource estimate of 1,091,000 ounces (31.1 Mt at 1.09 g/t Au) and 3,204,000 ounces inferred (83.3 Mt at 1.20 g/t Au), clustered within four kilometres.
FOR FURTHER INFORMATION, PLEASE CONTACT:
Gary V. O'Connor, CEO and Chief Geologist
416-357-3319
Ian C. Peres, President & CFO
416-579-3040
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E
Moneta identifies multiple new mineralized zones on the Golden Highway Project
https://ih.advfn.com/stock-market/TSX/ME/stock-news/78825803/moneta-identifies-multiple-new-mineralized-zones-o
Moneta Porcupine J (ME)
0.13 ? 0.01 (8.33% {-))
Volume: 3,000 @ 9:38:04 AM EST ET
Bid Ask Day's Range
0.12 0.13 0.13 - 0.13
In GOD We Trust -
http://www.kitconet.com/images/live/au0001wb.gif
Gold & Silver is the only REAL Legal Tender -
by The Founding Fathers for your -
Rights, Liberty and Freedom -
http://www.biblebelievers.org.au/monie.htm
God Bless America
Merry Christmas
MIKE2OO5
5 years ago
Here you go!
Symbol: TSX: ME
WEDNESDAY, DECEMBER 05, 2018
MONETA IDENTIFIES MULTIPLE NEW MINERALIZED ZONES ON THE GOLDEN HIGHWAY PROJECT
Toronto, Ontario -- December 05, 2018 - Moneta Porcupine Mines Inc. (TSX:ME) (OTC:MPUCF) (XETRA:MOP) ("Moneta" or the "Company") is pleased to announce that it has identified multiple new high grade zones of gold mineralization on the Golden Highway Project, located 110 km east of Timmins, Ontario (see Figure 1). The new targets were identified during the 2018 geological re-interpretation and modelling of high-grade structures. The new zones occur outside the area of historical resources and the pending NI 43-101 resource estimate update due to be completed in early 2019.
Highlights:
Moneta has identified five (5) new structurally controlled zones of high-grade mineralization along the Banded Iron Formation contact (BIF), located outside of the pending resource update area
Halfway
Drill hole MWJ11-43 intersected 3.25 metres (m) @ 8.87 (grams per tonne) g/t Gold (Au), including 2.30 m @ 11.74 g/t Au;
Westaway
Drill hole MN-96-178 intersected 6.30 m @ 5.80 g/t Au, including 1.50 m @ 10.42 g/t Au;
Western
Drill hole MA03-14 intersected 5.50 m @ 4.26 g/t Au, including 2.00 m @ 9.90 g/t Au;
Windjammer South Deeps
Drill hole WJ88-40 intersected 2.00 m @ 3.29 g/t Au, including 1.00 m @ 5.80 g/t Au at depth below the pending resource;
Dyment 3
Drill hole MA06-33 intersected 1.50 m @ 3.07 g/t Au, including 0.50 m @ 7.20 g/t Au.
Gary O'Connor, CEO & Chief Geologist commented, "The new geological modeling and interpretation methodology has now been applied to five (5) new zones outside of the pending NI 43-101 resource estimate footprint. The new zones cover an eight (8) km strike length and have the same style of mineralization as seen in the gold zones to be included in the pending resource update. Re-logging and re-interpretation of the geological model at Golden Highway has focused on high grade gold mineralized structures located along a regional 12 km long Banded Iron Formation. These new zones will form part of a larger program to test drill targets expected to be identified in the pending resource estimate due in the New Year."
New Mineralized Targets:
The new Halfway, Windjammer South Deeps, Westaway, Dyment 3 and Western Zone targets are all located along over eight (8) kms of strike length on the southern margins of a 12 km long BIF unit hosted within clastic sediments of Timiskaming age. Mineralization and all targets occur as NW-SE trending steeply west dipping stockwork veining and associated vein structures located along or near the BIF contact. Historical drilling of targets has been limited, however the style and nature of mineralization is like the BIF related deposits currently the subject of a resource estimate update on the Golden Highway Project due to be completed in early 2019. The mineralized veins and stock-work veining within the new structures occur as quartz-pyrite veins within ankerite-sericite-silica-pyrite (+ albite) alteration halos.
Halfway: Is located over 500 m east of Windjammer South. Drill hole MWJ11-43 intersected 3.25 m @ 8.87 g/t Au including 2.30 m @ 11.74 g/t Au at 410.75 m down hole depth near the BIF contact. There are no other drill holes close to this intercept.
Westaway: Is located on over 1.50 kms of BIF contact between South West and "55". Drill hole MN-96-178 intersected 6.30 m @ 5.80 g/t Au including 1.50 m @ 10.42 g/t Au at a down hole depth of 146.70 m. Drill hole MN-96-178 intersected 2.90 m @ 5.64 g/t Au including 1.10 m @ 11.16 g/t Au at a down hole depth of 268.50 m. Drill hole MN-97-184 intersected 9.00 m @ 3.50 g/t Au including 3.20 m @ 6.14 g/t Au. The intercepts occur up to 200 m south of the BIF contact as sediment hosted quartz-pyrite veining.
Western: The Western area is located approximately 2.00 km west of the "55" deposit. Drill hole MA03-14 returned 5.50 m @ 4.26 g/t Au including 2.00 m @ 9.90 g/t Au at a down hole depth of 213.60 m. Hole MA03-15 intersected 1.50 m @ 8.42 g/t Au including 0.60 m @ 15.93 g/t Au at a depth of 147.60 m.
Windjammer South Deeps: Hole WJ88-40 was drilled to a depth of over 1,000 m, below the Windjammer South stockwork and vein system currently the subject of the pending resource update. The drill hole intersected a number of vein structures south and distal to the BIF contact intersecting 2.00 m @ 3.29 g/t Au including 1.00 m @ 5.80 g/t Au at 835.00 m and 11.00 m @ 1.24 g/t Au including 1.00 m @ 3.02 g/t Au at a depth of 945.60 m.
Dyment 3: The Dyment 3 area is located 1.0 km west of the "55" deposit. Drill hole MA06-33 intersected 1.50 m @ 3.07 g/t Au including 0.50 m @ 7.20 g/t Au at 242.45 m down hole depth.
Please click here for Figure 1: New Target Location Map - Golden Highway Project
http://www.monetaporcupine.com/i/maps/dec52018-fig1.jpg
Please click here for Figure 2: Golden Highway Project Regional Section: New Targets
http://www.monetaporcupine.com/i/maps/dec52018-fig2.jpg
Please click here for Figure 3: Golden Highway Project: New Target Areas (View to NW)
http://www.monetaporcupine.com/i/maps/dec52018-fig3.jpg
Table 1: Select Significant Intercepts: New Targets
Target Hole From To Length Au
Area # (m) (m) (m) g/t
Westaway MN-96-178 146.70 153.00 6.30 5.80
Includes 151.50 153.00 1.50 10.42
Westaway MN-96-178 268.50 271.40 2.90 5.64
Includes 268.50 269.60 1.10 11.16
Westaway MN-97-184 323.90 332.90 9.00 3.50
Includes 323.90 327.10 3.20 6.14
Westaway MN-97-186 176.40 179.70 3.30 6.22
Halfway MWJ11-43 410.75 414.00 3.25 8.87
includes 411.70 413.17 2.30 11.74
includes 411.70 413.17 1.47 16.86
Dyment MA06-33 242.45 243.95 1.50 3.07
includes 242.45 242.95 0.50 7.20
Dyment MA07-35X 123.12 123.52 0.40 5.49
Western MA03-13 213.60 218.00 4.40 2.47
includes 213.00 213.60 0.60 10.63
Western MA03-14 261.20 266.70 5.50 4.26
includes 263.70 265.70 2.00 9.90
includes 263.70 264.30 0.60 28.28
Western MA03-15 147.60 149.10 1.50 8.42
includes 148.00 148.60 0.60 15.93
Western MA03-16 191.00 191.40 0.40 23.52
Western MA04-22 207.00 208.00 1.00 7.34
includes 207.40 208.00 0.60 10.47
Western MA04-22 239.00 241.00 2.00 6.26
includes 239.50 240.50 1.00 10.05
WJS Deeps WJ88-40 239.70 243.90 4.20 3.91
includes 239.70 240.30 0.60 10.56
and 243.30 243.90 0.60 11.11
WJS Deeps WJ88-40 266.90 268.00 1.10 9.70
WJS Deeps WJ88-40 835.00 837.00 2.00 3.29
includes 836.00 837.00 1.00 5.80
WJS Deeps WJ88-40 945.60 957.50 11.90 1.24*
includes 951.50 952.50 1.00 3.02
Intercepts are calculated using a 2.0 g/t Au cut-off unless noted (*), a maximum of 2m internal dilution and no top cap applied. All intercepts are reported as drill widths and estimated to be 65% to 100% of true width.
QA/QC Procedures
All core drilling conducted by Moneta is oriented. Half sawn drill core is sent to ALS Canada Inc. for drying and crushing to -2 mm, with a 1.00 kg split pulverized to -75 µm (200#). A 50 g charge is Fire Assayed and analyzed using a AAS finish for Gold. Samples above 10.00 g/t Au are analyzed by Fire Assay with a gravimetric finish and selected samples with visible gold or high-grade mineralization are assayed by Metallic Screen Fire Assay on a 1.00 kg sample. Moneta inserts independent certified reference material and blanks with the samples, and assays routine pulp repeats and coarse reject sample duplicates with the samples, as well as completing third-party check assays at Activation Laboratories Ltd. Gary O'Connor, FAusIMM is a qualified person under NI 43-101 and has reviewed and approved the contents of this press release.
About Moneta
The Company holds a 100% interest in 5 core gold projects strategically located along the Destor-Porcupine Fault Zone in the Timmins Gold Camp with over 85 million ounces of past gold production. The projects consist of the Golden Highway, North Tisdale, Nighthawk Lake, Kayorum and Denton projects. The Golden Highway Project covers 12 kilometres of prospective ultramafic/mafic volcanic/sedimentary rocks along the DPFZ hosting a NI 43-101 indicated resource estimate of 1,091,000 ounces (31.1 Mt at 1.09 g/t Au) and 3,204,000 ounces inferred (83.3 Mt at 1.20 g/t Au), clustered within four kilometres.
FOR FURTHER INFORMATION, PLEASE CONTACT:
Gary V. O'Connor, CEO and Chief Geologist
416-357-3319
Ian C. Peres, President & CFO
416-579-3040
The Company's public documents may be accessed at www.sedar.com. For further information on the Company, please visit our website at www.monetaporcupine.com or email us at info@monetaporcupine.com.
Forward-looking statements are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of mineral exploration and development, fluctuating commodity prices,
Symbol: TSX: ME
WEDNESDAY, DECEMBER 05, 2018
MONETA IDENTIFIES MULTIPLE NEW MINERALIZED ZONES ON THE GOLDEN HIGHWAY PROJECT
Toronto, Ontario -- December 05, 2018 - Moneta Porcupine Mines Inc. (TSX:ME) (OTC:MPUCF) (XETRA:MOP) ("Moneta" or the "Company") is pleased to announce that it has identified multiple new high grade zones of gold mineralization on the Golden Highway Project, located 110 km east of Timmins, Ontario (see Figure 1). The new targets were identified during the 2018 geological re-interpretation and modelling of high-grade structures. The new zones occur outside the area of historical resources and the pending NI 43-101 resource estimate update due to be completed in early 2019.
Highlights:
Moneta has identified five (5) new structurally controlled zones of high-grade mineralization along the Banded Iron Formation contact (BIF), located outside of the pending resource update area
Halfway
Drill hole MWJ11-43 intersected 3.25 metres (m) @ 8.87 (grams per tonne) g/t Gold (Au), including 2.30 m @ 11.74 g/t Au;
Westaway
Drill hole MN-96-178 intersected 6.30 m @ 5.80 g/t Au, including 1.50 m @ 10.42 g/t Au;
Western
Drill hole MA03-14 intersected 5.50 m @ 4.26 g/t Au, including 2.00 m @ 9.90 g/t Au;
Windjammer South Deeps
Drill hole WJ88-40 intersected 2.00 m @ 3.29 g/t Au, including 1.00 m @ 5.80 g/t Au at depth below the pending resource;
Dyment 3
Drill hole MA06-33 intersected 1.50 m @ 3.07 g/t Au, including 0.50 m @ 7.20 g/t Au.
Gary O'Connor, CEO & Chief Geologist commented, "The new geological modeling and interpretation methodology has now been applied to five (5) new zones outside of the pending NI 43-101 resource estimate footprint. The new zones cover an eight (8) km strike length and have the same style of mineralization as seen in the gold zones to be included in the pending resource update. Re-logging and re-interpretation of the geological model at Golden Highway has focused on high grade gold mineralized structures located along a regional 12 km long Banded Iron Formation. These new zones will form part of a larger program to test drill targets expected to be identified in the pending resource estimate due in the New Year."
New Mineralized Targets:
The new Halfway, Windjammer South Deeps, Westaway, Dyment 3 and Western Zone targets are all located along over eight (8) kms of strike length on the southern margins of a 12 km long BIF unit hosted within clastic sediments of Timiskaming age. Mineralization and all targets occur as NW-SE trending steeply west dipping stockwork veining and associated vein structures located along or near the BIF contact. Historical drilling of targets has been limited, however the style and nature of mineralization is like the BIF related deposits currently the subject of a resource estimate update on the Golden Highway Project due to be completed in early 2019. The mineralized veins and stock-work veining within the new structures occur as quartz-pyrite veins within ankerite-sericite-silica-pyrite (+ albite) alteration halos.
Halfway: Is located over 500 m east of Windjammer South. Drill hole MWJ11-43 intersected 3.25 m @ 8.87 g/t Au including 2.30 m @ 11.74 g/t Au at 410.75 m down hole depth near the BIF contact. There are no other drill holes close to this intercept.
Westaway: Is located on over 1.50 kms of BIF contact between South West and "55". Drill hole MN-96-178 intersected 6.30 m @ 5.80 g/t Au including 1.50 m @ 10.42 g/t Au at a down hole depth of 146.70 m. Drill hole MN-96-178 intersected 2.90 m @ 5.64 g/t Au including 1.10 m @ 11.16 g/t Au at a down hole depth of 268.50 m. Drill hole MN-97-184 intersected 9.00 m @ 3.50 g/t Au including 3.20 m @ 6.14 g/t Au. The intercepts occur up to 200 m south of the BIF contact as sediment hosted quartz-pyrite veining.
Western: The Western area is located approximately 2.00 km west of the "55" deposit. Drill hole MA03-14 returned 5.50 m @ 4.26 g/t Au including 2.00 m @ 9.90 g/t Au at a down hole depth of 213.60 m. Hole MA03-15 intersected 1.50 m @ 8.42 g/t Au including 0.60 m @ 15.93 g/t Au at a depth of 147.60 m.
Windjammer South Deeps: Hole WJ88-40 was drilled to a depth of over 1,000 m, below the Windjammer South stockwork and vein system currently the subject of the pending resource update. The drill hole intersected a number of vein structures south and distal to the BIF contact intersecting 2.00 m @ 3.29 g/t Au including 1.00 m @ 5.80 g/t Au at 835.00 m and 11.00 m @ 1.24 g/t Au including 1.00 m @ 3.02 g/t Au at a depth of 945.60 m.
Dyment 3: The Dyment 3 area is located 1.0 km west of the "55" deposit. Drill hole MA06-33 intersected 1.50 m @ 3.07 g/t Au including 0.50 m @ 7.20 g/t Au at 242.45 m down hole depth.
Please click here for Figure 1: New Target Location Map - Golden Highway Project
http://www.monetaporcupine.com/i/maps/dec52018-fig1.jpg
Please click here for Figure 2: Golden Highway Project Regional Section: New Targets
http://www.monetaporcupine.com/i/maps/dec52018-fig2.jpg
Please click here for Figure 3: Golden Highway Project: New Target Areas (View to NW)
http://www.monetaporcupine.com/i/maps/dec52018-fig3.jpg
Table 1: Select Significant Intercepts: New Targets
Target Hole From To Length Au
Area # (m) (m) (m) g/t
Westaway MN-96-178 146.70 153.00 6.30 5.80
Includes 151.50 153.00 1.50 10.42
Westaway MN-96-178 268.50 271.40 2.90 5.64
Includes 268.50 269.60 1.10 11.16
Westaway MN-97-184 323.90 332.90 9.00 3.50
Includes 323.90 327.10 3.20 6.14
Westaway MN-97-186 176.40 179.70 3.30 6.22
Halfway MWJ11-43 410.75 414.00 3.25 8.87
includes 411.70 413.17 2.30 11.74
includes 411.70 413.17 1.47 16.86
Dyment MA06-33 242.45 243.95 1.50 3.07
includes 242.45 242.95 0.50 7.20
Dyment MA07-35X 123.12 123.52 0.40 5.49
Western MA03-13 213.60 218.00 4.40 2.47
includes 213.00 213.60 0.60 10.63
Western MA03-14 261.20 266.70 5.50 4.26
includes 263.70 265.70 2.00 9.90
includes 263.70 264.30 0.60 28.28
Western MA03-15 147.60 149.10 1.50 8.42
includes 148.00 148.60 0.60 15.93
Western MA03-16 191.00 191.40 0.40 23.52
Western MA04-22 207.00 208.00 1.00 7.34
includes 207.40 208.00 0.60 10.47
Western MA04-22 239.00 241.00 2.00 6.26
includes 239.50 240.50 1.00 10.05
WJS Deeps WJ88-40 239.70 243.90 4.20 3.91
includes 239.70 240.30 0.60 10.56
and 243.30 243.90 0.60 11.11
WJS Deeps WJ88-40 266.90 268.00 1.10 9.70
WJS Deeps WJ88-40 835.00 837.00 2.00 3.29
includes 836.00 837.00 1.00 5.80
WJS Deeps WJ88-40 945.60 957.50 11.90 1.24*
includes 951.50 952.50 1.00 3.02
Intercepts are calculated using a 2.0 g/t Au cut-off unless noted (*), a maximum of 2m internal dilution and no top cap applied. All intercepts are reported as drill widths and estimated to be 65% to 100% of true width.
QA/QC Procedures
All core drilling conducted by Moneta is oriented. Half sawn drill core is sent to ALS Canada Inc. for drying and crushing to -2 mm, with a 1.00 kg split pulverized to -75 µm (200#). A 50 g charge is Fire Assayed and analyzed using a AAS finish for Gold. Samples above 10.00 g/t Au are analyzed by Fire Assay with a gravimetric finish and selected samples with visible gold or high-grade mineralization are assayed by Metallic Screen Fire Assay on a 1.00 kg sample. Moneta inserts independent certified reference material and blanks with the samples, and assays routine pulp repeats and coarse reject sample duplicates with the samples, as well as completing third-party check assays at Activation Laboratories Ltd. Gary O'Connor, FAusIMM is a qualified person under NI 43-101 and has reviewed and approved the contents of this press release.
About Moneta
The Company holds a 100% interest in 5 core gold projects strategically located along the Destor-Porcupine Fault Zone in the Timmins Gold Camp with over 85 million ounces of past gold production. The projects consist of the Golden Highway, North Tisdale, Nighthawk Lake, Kayorum and Denton projects. The Golden Highway Project covers 12 kilometres of prospective ultramafic/mafic volcanic/sedimentary rocks along the DPFZ hosting a NI 43-101 indicated resource estimate of 1,091,000 ounces (31.1 Mt at 1.09 g/t Au) and 3,204,000 ounces inferred (83.3 Mt at 1.20 g/t Au), clustered within four kilometres.
FOR FURTHER INFORMATION, PLEASE CONTACT:
Gary V. O'Connor, CEO and Chief Geologist
416-357-3319
Ian C. Peres, President & CFO
416-579-3040
NYBob
5 years ago
China to Adopt Gold Standard?
| Alasdair MacLeod
ex....
https://www.youtube.com/watch?v=RqVRzah34YQ
When all new drilling results be added up to a new geo. study it will be
great to fig. the size of large new open Au pit mine -
what a great Au bargain -
Moneta intercepts 7.90 m @ 8.09 g/t gold including 0.95 m @ 34.40 g/t
gold at Windjammer South and 54.00 m @ 1.04 g/t gold in...
PR Newswire
(Canada) - 10/24/2018 9:01:00 AM
Moneta Intercepts 5.30 m @ 7.63 g/t Gold Including 0.80 m @ 22.40 g/t
Gold and 7.13 m @ 5.06 g/t Gold Including 1.98 m @ 12.4...
PR Newswire (Canada) - 10/10/2018 9:17:00 AM
Moneta Intercepts 1.75 M @ 7.04 g/t Gold Including 0.85 M @ 12.15 g/t Gold
and Intersects New Veins at the "55" Deposit PR Newswire (Canada) -
9/18/2018 8:56:00 AM
Moneta Intercepts 25.00 M @ 2.48 G/T Gold Including 4.50 M @ 5.00 G/T
Gold at South West PR Newswire (Canada) - 9/13/2018 9:57:00 AM
Moneta Intercepts 25.00 M @ 2.48 G/T Gold Including 4.50 M @ 5.00 G/T
Gold at South West PR Newswire (Canada) -
9/13/2018 8:46:00 AM
Moneta Intercepts 47.00 m @ 2.08 g/t Gold Including 23.87 m @ 2.48 G/t
Gold in a new Mineralized Shoot at South West PR Newswire (Canada) -
7/19/2018 10:00:00 AM
Moneta Intercepts 1.93 m @ 34.36 g/t Gold, 3.00 m @ 5.38 g/t Gold, and
3.00 m @ 5.73 g/t Gold At South West PR Newswire (Canada) -
6/21/2018 9:14:00 AM
Moneta Announces Closing of Financing PR Newswire (Canada) - 6/19/2018 8:46:00 AM
Moneta Reports Voting Results From Annual Meeting PR Newswire (Canada) -
6/8/2018 9:20:00 AM
Moneta Intercepts 9.50 m @ 7.52 g/t Gold, 3.00 m @ 3.60 g/t Gold, and
1.00 m @ 5.78 g/t Gold at Windjammer North PR Newswire (Canada) -
6/5/2018 9:01:00 AM
Moneta Intercepts 0.70 m @ 30.20 g/t Gold, 0.76 m @ 26.60 g/t Gold, and
2.40 m @ 10.06 g/t Gold at South West PR Newswire (Canada) -
5/24/2018 9:13:00 AM
Moneta re-organizes management structure PR Newswire (Canada) -
5/24/2018 9:00:00 AM
Moneta Intercepts 2.33 m @ 10.21 g/t Gold, 5.50 m @ 4.65g/t Gold and
1.00 m @ 15.10 g/t Gold at the South West Deposit PR Newswire (Canada) - 4/11/2018 8:32:00 AM
Moneta Intercepts 4.20 m @ 41.08 g/t Gold Including 0.90 m @ 141.50 g/t
Gold at the South West Deposit PR Newswire (Canada) -
3/1/2018 9:12:00 AM
Moneta intersects 3.00m @ 4.16 g/t Gold including 1.00m @ 10.30 g/t Gold
at the Discovery Deposit PR Newswire (Canada) -
2/27/2018 9:11:00 AM
Moneta intersects 1.63m @ 1,078.43 g/t Gold and 4.01m @ 38.33g/t Gold at
the South West Deposit PR Newswire (Canada) -
2/8/2018 9:11:00 AM
Moneta intersects all veins in new South West interpretation, returns up
to 3.0m @ 7.13g/t Gold and 3.0m @ 7.01g/t Gold PR Newswire (Canada) -
1/18/2018 9:56:00 AM
Moneta drilling returns up 14.88m @ 3.35g/t Gold and 3.0m @ 5.24g/t Gold
at Discovery Area PR Newswire (Canada) -
1/16/2018 3:01:00 PM
The creation of a validated structural geospatial workflow using oriented drill core
NOVEMBER 9, 2018
SHARE:
by Francine Long, P. GEO, Senior Geologist at Nordmin Engineering Ltd.
The importance of using structural data in every discipline within
geology cannot be overemphasized.
Dedicated geologists spend enormous amounts of time collecting critical
structural data.
This same dedication should be used to validate and plot the data into
products for use as tools to make sound geological decisions,
interpretations, and validation of structure, lithological, and
resource models.
Insufficient oriented-core structural datasets being collected on
various project sites or access to this data is a significant issue
that could delay the development of spatial workflows.
I had the good fortune to work with Moneta Porcupine whose team had
been collecting orientated drill core over a period of years with the
intent to use the data to make sound geological decisions.
This case study focuses on the methodology I used with Moneta Porcupine
to create a ‘Validated Structural Geospatial Workflow’ and the
geological aids and products which came out of these collaborative
efforts.
https://coringmagazine.com/article/creation-validated-structural-geospatial-workflow-using-oriented-drill-core/
Moneta Porcupine Mines Inc (TSX:ME) Great recent NEWS on drilling result - thank you MIKE2005 good info )
http://www.monetaporcupine.com/i/pdf/2018-10-24_NR.pdf
Moneta Porcupine Mines Inc (TSX:ME) Corporate Presentation March 2018 -
http://www.monetaporcupine.com/s/Presentation.asp
http://www.monetaporcupine.com/i/pdf/ME-PDAC-Mar-2018.pdf
News - News Releases -
Media: Moneta in the News -
http://www.monetaporcupine.com/s/NewsReleases.asp?DateRange=ThisYear
http://www.monetaporcupine.com/s/Home.asp
http://www.kitconet.com/images/live/au0001wb.gif
Gold & Silver is the only REAL Legal Tender -
by The Founding Fathers for your -
Rights, Liberty and Freedom -
http://www.biblebelievers.org.au/monie.htm
God Bless America
NYBob
5 years ago
When all new drilling results be added up to a new geo. study it will be
great to fig. the size of large new open Au pit mine -
what a great Au bargain -
Moneta intercepts 7.90 m @ 8.09 g/t gold including 0.95 m @ 34.40 g/t
gold at Windjammer South and 54.00 m @ 1.04 g/t gold in...
PR Newswire
(Canada) - 10/24/2018 9:01:00 AM
Moneta Intercepts 5.30 m @ 7.63 g/t Gold Including 0.80 m @ 22.40 g/t
Gold and 7.13 m @ 5.06 g/t Gold Including 1.98 m @ 12.4...
PR Newswire (Canada) - 10/10/2018 9:17:00 AM
Moneta Intercepts 1.75 M @ 7.04 g/t Gold Including 0.85 M @ 12.15 g/t Gold
and Intersects New Veins at the "55" Deposit PR Newswire (Canada) -
9/18/2018 8:56:00 AM
Moneta Intercepts 25.00 M @ 2.48 G/T Gold Including 4.50 M @ 5.00 G/T
Gold at South West PR Newswire (Canada) - 9/13/2018 9:57:00 AM
Moneta Intercepts 25.00 M @ 2.48 G/T Gold Including 4.50 M @ 5.00 G/T
Gold at South West PR Newswire (Canada) -
9/13/2018 8:46:00 AM
Moneta Intercepts 47.00 m @ 2.08 g/t Gold Including 23.87 m @ 2.48 G/t
Gold in a new Mineralized Shoot at South West PR Newswire (Canada) -
7/19/2018 10:00:00 AM
Moneta Intercepts 1.93 m @ 34.36 g/t Gold, 3.00 m @ 5.38 g/t Gold, and
3.00 m @ 5.73 g/t Gold At South West PR Newswire (Canada) -
6/21/2018 9:14:00 AM
Moneta Announces Closing of Financing PR Newswire (Canada) - 6/19/2018 8:46:00 AM
Moneta Reports Voting Results From Annual Meeting PR Newswire (Canada) -
6/8/2018 9:20:00 AM
Moneta Intercepts 9.50 m @ 7.52 g/t Gold, 3.00 m @ 3.60 g/t Gold, and
1.00 m @ 5.78 g/t Gold at Windjammer North PR Newswire (Canada) -
6/5/2018 9:01:00 AM
Moneta Intercepts 0.70 m @ 30.20 g/t Gold, 0.76 m @ 26.60 g/t Gold, and
2.40 m @ 10.06 g/t Gold at South West PR Newswire (Canada) -
5/24/2018 9:13:00 AM
Moneta re-organizes management structure PR Newswire (Canada) -
5/24/2018 9:00:00 AM
Moneta Intercepts 2.33 m @ 10.21 g/t Gold, 5.50 m @ 4.65g/t Gold and
1.00 m @ 15.10 g/t Gold at the South West Deposit PR Newswire (Canada) - 4/11/2018 8:32:00 AM
Moneta Intercepts 4.20 m @ 41.08 g/t Gold Including 0.90 m @ 141.50 g/t
Gold at the South West Deposit PR Newswire (Canada) -
3/1/2018 9:12:00 AM
Moneta intersects 3.00m @ 4.16 g/t Gold including 1.00m @ 10.30 g/t Gold
at the Discovery Deposit PR Newswire (Canada) -
2/27/2018 9:11:00 AM
Moneta intersects 1.63m @ 1,078.43 g/t Gold and 4.01m @ 38.33g/t Gold at
the South West Deposit PR Newswire (Canada) -
2/8/2018 9:11:00 AM
Moneta intersects all veins in new South West interpretation, returns up
to 3.0m @ 7.13g/t Gold and 3.0m @ 7.01g/t Gold PR Newswire (Canada) -
1/18/2018 9:56:00 AM
Moneta drilling returns up 14.88m @ 3.35g/t Gold and 3.0m @ 5.24g/t Gold
at Discovery Area PR Newswire (Canada) -
1/16/2018 3:01:00 PM
The creation of a validated structural geospatial workflow using oriented drill core
NOVEMBER 9, 2018
SHARE:
by Francine Long, P. GEO, Senior Geologist at Nordmin Engineering Ltd.
The importance of using structural data in every discipline within
geology cannot be overemphasized.
Dedicated geologists spend enormous amounts of time collecting critical
structural data.
This same dedication should be used to validate and plot the data into
products for use as tools to make sound geological decisions,
interpretations, and validation of structure, lithological, and
resource models.
Insufficient oriented-core structural datasets being collected on
various project sites or access to this data is a significant issue
that could delay the development of spatial workflows.
I had the good fortune to work with Moneta Porcupine whose team had
been collecting orientated drill core over a period of years with the
intent to use the data to make sound geological decisions.
This case study focuses on the methodology I used with Moneta Porcupine
to create a ‘Validated Structural Geospatial Workflow’ and the
geological aids and products which came out of these collaborative
efforts.
https://coringmagazine.com/article/creation-validated-structural-geospatial-workflow-using-oriented-drill-core/
Moneta Porcupine Mines Inc (TSX:ME) Great recent NEWS on drilling result - thank you MIKE2005 good info )
http://www.monetaporcupine.com/i/pdf/2018-10-24_NR.pdf
Moneta Porcupine Mines Inc (TSX:ME) Corporate Presentation March 2018 -
http://www.monetaporcupine.com/s/Presentation.asp
http://www.monetaporcupine.com/i/pdf/ME-PDAC-Mar-2018.pdf
News - News Releases -
Media: Moneta in the News -
http://www.monetaporcupine.com/s/NewsReleases.asp?DateRange=ThisYear
http://www.monetaporcupine.com/s/Home.asp
God Bless America
NYBob
7 years ago
Moneta announces new appointment to Board of Directors
T.ME |
Canada NewsWire -
TORONTO, May 18, 2017 /CNW/ -
Moneta Porcupine Mines Inc. (TSX: ME)
("Moneta") is pleased to announce the appointment of
Dr. Kevin B. Heather to the Board of Directors,
subject to standard TSX approval.
Ian C. Peres, President and CEO stated,
"The addition of Kevin to the Board of Directors will add significant
and relevant project exploration and development experience and in-
depth technical knowledge to Moneta.
We look forward to his contribution and insight on the continued
exploration of Golden Highway and our overall land package."
Dr. Heather commented, "I am excited to be joining the Moneta board to
support the advancement of their exceptional land package to the next
stage of discovery and value/wealth creation for all stakeholders.
The Moneta land package is one of the last, large land positions along
the world class Destor Porcupine structural corridor and already hosts
a significant gold resource, but it is my firm belief that there is
much more gold to be found and I look forward to contributing my
technical knowledge to discover those additional ounces."
Kevin B. Heather, B.Sc. (Hons), M.Sc., Ph.D., is an exploration geologist with 40 years of field experience in North and South America and has a demonstrated track record of delivering high-quality technical work that has led to value-wealth creation in the junior exploration sector. Dr. Heather is a Fellow, Councillor and Honorary Lecturer for the Society of Economic Geologists (SEG) and is a co-founder and Chairman of the Chilean-based charity "Fundación Mineros Contra El Cancer".
Dr. Heather was co-founder and is currently the Chief Geological Officer and Technical Committee Chairman for Regulus Resources Inc. (TSX-V: REG) and is responsible corporate oversight of the technical aspects of the company's exploration activities in addition to building a technical committee comprised of strong geological, metallurgical, and engineering professionals to advance the company's projects in Peru, Argentina and Nevada.
Dr. Heather was also a founding officer and former Vice President Geology of Antares Minerals Inc. (TSX: ANM) where he directed the geological mapping, target generation, planning, supervision, and execution of exploration programs that led to the discovery of the high-grade Haquira East deposit in Southern Peru. He was also involved in the overall development of the Haquira Cu-Mo-Au porphyry project which was sold to First Quantum Minerals in December 2010 for C$650 million.
From 1985-1992, Dr. Heather was employed as a Senior Geoscientist by the Ontario Geological Survey, where he was a team leader for various large, field-based regional- and mine-scale geological mapping programs in various Archean greenstone belts of Northern Ontario. During this time, Dr. Heather was part of a team specializing in the geology of Archean mesothermal lode-Au deposits and co-authored several publications. From 1992-1997, Dr. Heather was a Senior Geoscientist for the Geological Survey of Canada, based in Ottawa, and was responsible for a 5-year, multidisciplinary, regional geological mapping program in the mineral prolific, Archean-aged Abitibi-Swayze greenstone belt of Canada. This work formed the basis of his doctoral dissertation at University of Keele (2001). In 1997, Dr. Heather joined Barrick Gold Corporation in Chile (Barrick Chile Ltda.) as a Senior Exploration Geologist involved in exploration for high- and low-sulphidation epithermal Au deposits in the high-Andes of Chile and Argentina. From 1997-2002, Dr. Heather mapped and explored within the prolific El Indio-Tambo mineral district and the world-class Pascua-Lama Au-Ag project in central Chile.
During 2002-2003, Dr. Heather completed a district-scale, geological/structural mapping and target generation program for Anglogold at their Cerro Vanguardia low-sulphidation Au-Ag deposit in Patagonia, Argentina. This work lead to the discovery of tens of kilometres of additional Au-bearing vein structures not previously recognized or drilled.
About Moneta
Moneta holds a 100% interest in 5 core gold projects strategically located along the Destor Porcupine Fault Zone in the world class Timmins Camp with over 85 million ounces of past gold production. The Golden Highway Project covers 12 kilometres of a highly prospective volcanic/sedimentary belt along the Destor Porcupine Fault Zone and currently hosts a NI 43-101 resource estimate of 1,091,000 ounces indicated (31.1 Mt at 1.09 g/t Au) plus 3,204,000 ounces inferred (83.3 Mt at 1.20 g/t Au), clustered within four kilometres.
The Company's public documents may be accessed at www.sedar.com. For further information on the Company, please visit our website at http://www.monetaporcupine.com
or email us at info@monetaporcupine.com.
This news release includes certain forward-looking statements concerning the closing of the Offering, the use of proceeds of the Offering, future performance of our business, its operations and its financial performance and condition, as well as management's objectives, strategies, beliefs and intentions. Forward-looking statements are frequently identified by such words as "may", "will", "plan", "expect", "anticipate", "estimate", "intend" and similar words referring to future events and results. Forward-looking statements are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of mineral exploration and development, fluctuating commodity prices, competitive risks and the availability of financing, as described in more detail in our recent securities filings available at www.sedar.com. Actual events or results may differ materially from those projected in the forward looking-statements and we caution against placing undue reliance thereon. We assume no obligation to revise or update these forward-looking statements.
SOURCE Moneta Porcupine Mines Inc.
image: https://rt.newswire.ca/rt.gif?NewsItemId=C4467&Transmission_Id=201705180830CANADANWCANADAPR_C4467&DateId=20170518
View original content: http://www.newswire.ca/en/releases/archive/May2017/18/c4467.html
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4 years ago
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