For thousands of other reports visit RSC's Mineral Intellingence Map
Moneta Porcupine Mines Inc.
Summary
| Project: | Golden Highway | |
|---|---|---|
| Deposit: | South West | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 9/13/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 13-9-2018: Moneta Porcupine Mines Inc. announces an Exploration/Drilling Update report for its South West deposit at the Golden Highway project. Drilling results incl. 25.00m @ 2.48g/t Au from 418.00m. TORONTO, Sept. 13, 2018 /CNW/ - Moneta Porcupine Mine | |
| Resources: | (Resource): 31.1Mt @ 1.09g/t Au (Ind.) and 83.3Mt @ 1.20g/t Au (Inf.) at project | |
| CP/QP: | [Overall Report]: Gary O'Connor (Internal) | |
| ABSTRACT: | TORONTO, Sept. 13, 2018 /CNW/ - Moneta Porcupine Mines Inc. (TSX:ME) (OTC:MPUCF) (XETRA:MOP) ("Moneta" or the "Company") is pleased to announce the results from the last seven diamond drill holes completed on the South West Deposit ("South West") located within the Company's Golden Highway Project (located 110 km east of Timmins, Ontario, see Figure 1). Highlights: Drilling results at South West have continued to extend the strike and depth extent of the known vein structures and mineralized shoots Gary O'Connor, CEO & Chief Geologist commented, "We are encouraged by the results of the latest drill holes from the 2017/2018 program at South West which have extended and confirmed the size and grade of gold mineralization. The latest results have continued to add to the known seventeen (17) vein structures and nine (9) mineralized stockwork shoots and have located new mineralized veins. We plan to complete a small drill program on the four new shoots to provide sufficient data to model all of the structures in preparation for the forthcoming resource update." The latest assay results are from the final seven new drill holes and one drill hole extension totalling 5,409.60 m of drilling at South West. The drill program at South West forms part of the previously announced exploration drill program undertaken by the Company in late 2017 and early 2018 that was expanded to 39,300 m in 66 drill holes. Assays for the remaining drill holes from the "55" area are pending and will be released as they become available. | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report