For thousands of other reports visit RSC's Mineral Intellingence Map
Moneta Porcupine Mines Inc.
Summary
| Project: | Golden Highway | |
|---|---|---|
| Deposit: | Westaway | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 6/24/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 24-6-2020: Moneta Porcupine Mines Inc. announces an Exploration/Drilling Update report for its Westaway deposit at the Golden Highway project. Drilling results incl. 21m @ 2.55g/t Au from 675m. Toronto, Ontario – June 24, 2020 - Moneta Porcupine Mines Inc | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report] Kevin Montgomery (Not stated) | |
| ABSTRACT: | Toronto, Ontario – June 24, 2020 - Moneta Porcupine Mines Inc. (TSX:ME) (OTC:MPUCF) (XETRA:MOP) (“Moneta” or the “Company”) is pleased to announce the results from two (2) additional drill holes testing the new Westaway Target located outside of the updated November 2019 NI 43-101 mineral resource estimate. The drill holes are part of the expanded 2019/2020 winter drill program completed on the Company’s Golden Highway Project, 110 km east of Timmins, Ontario (Figure 1). The latest assay results are from two (2) drill holes, MGH20-143 and MGH20-151, completed on the 2019/2020 winter drill program for a total of 1,276.0 m at the Westaway target located west of the South West Deposit (Table 2). Drill hole MGH20-143 was testing the southern and depth extensions of the new veins recently discovered at Westaway and MGH20-151 was confirming the continuity of veins between previously released holes MGH19-127 and MGH19-129 (ME-PR 03-2020, dated January 16 2 2020). The results from the shallower part of hole MGH20-143 were previously reported on May 05, 2020 (ME-PR 07-2020). The drill program consisting of 36 holes for 18,159.00 m was successfully completed with the processing and assaying of core continuing under COVID-19 work safety protocols. The results of the 55 Zone extension drill program and a further 5 step-out holes from the Westaway/West Block area are still pending. | |
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