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Moneta Porcupine Mines Inc.
Summary
| Project: | Golden Highway | |
|---|---|---|
| Deposit: | South West | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 7/7/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 7-7-2020: Moneta Porcupine Mines Inc. announces an Exploration/Drilling Update report for its South West deposit at the Golden Highway project. Drilling results incl. 1.6m @ 14.98g/t Au from 371.3m. Toronto, Ontario – July 07, 2020 - Moneta Porcupine Mine | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report] Kevin Montgomery (Not stated) | |
| ABSTRACT: | Toronto, Ontario – July 07, 2020 - Moneta Porcupine Mines Inc. (TSX:ME) (OTC:MPUCF) (XETRA:MOP) (“Moneta” or the “Company”) is pleased to announce the results from three (3) additional drill holes testing new gold mineralized zones and vein extensions south of the West Block deposit beyond the updated November 2019 NI 43-101 mineral resource estimate. West Block is located 1.0 km west of the Company’s main gold deposit at South West which is currently undergoing a Preliminary Economic Assessment study with results to be released later in 2020. The drill holes are part of the 2019/2020 winter drill program on the Company’s Golden Highway Project, 110 km east of Timmins, Ontario (Figure 1). The latest assay results are from three (3) drill holes, MGH20-137, MGH20-152 and MGH20-156 completed on the 2019/2020 winter drill program for a total of 1,674.0 m in the West Block area, located west of the main South West Deposit (Table 2). The drill holes were testing the southern and down dip extensions of known mineralized veins and areas of new mineralization to the south at West Block. | |
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