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Moneta Porcupine Mines Inc.
Summary
| Project: | Golden Highway | |
|---|---|---|
| Deposit: | West Block | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 8/1/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 1-8-2019: Moneta Porcupine Mines Inc. announces an Exploration/Drilling Update report for its West Block deposit at the Golden Highway project. Drilling results incl. 6.30m @ 2.55g/t Au from 288.60m. TORONTO, Aug. 1, 2019 /CNW/ - Moneta Porcupine Mines In | |
| Resources: | (Resource): 2.587Mt @ 4.61g/t Au (Ind.) and 6.456Mt @ 4.21g/t Au (Inf.) at project | |
| CP/QP: | [Overall Report]: Gary O'Connor (Internal) | |
| ABSTRACT: | TORONTO, Aug. 1, 2019 /CNW/ - Moneta Porcupine Mines Inc. (TSX:ME) (OTC:MPUCF) (XETRA:MOP) ("Moneta" or the "Company") is pleased to announce results from the final three diamond drill holes of the 2019 winter drill program completed on the West Block target located up to 650 m west of the South West Deposit ("South West") within the Company's Golden Highway Project, 110 km east of Timmins, Ontario, (see Figure 1). Gary O'Connor, CEO & Chief Geologist commented, "We continue to be pleased with the West Block drilling, located 600 m west of the South West deposit, where we have again intersected new mineralized veins extending the foot-print of veining by another 100 m to the west and by 100 m to the south. The drill program was designed to test the extensions of mineralized veining previously intersected in the West Block area, located west of the Main Fault. The West Block area was not included in the recent mineral resource estimate update and occurs in the same geological setting as the South West deposit. This is the same area where drill results released from the current drill program intersected up to 6.19 m @ 12.22 g/t Au, including 1.00 m @ 27.50 g/t Au from the WB-09 vein in hole MGH19-116 (see press release ME-PR-05-2019 dated May 29, 2019). We are encouraged that the drill program is continuing to increase the size potential of the resource." | |
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