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Moneta Porcupine Mines Inc.
Summary
| Project: | Golden Highway | |
|---|---|---|
| Deposit: | Windjammer | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 5/14/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 14-5-2020: Moneta Porcupine Mines Inc. announces an Exploration/Drilling Update report for its Windjammer deposit at the Golden Highway project. Drilling results incl. 46m @ 0.95g/t Au from 393m. TORONTO, May 14, 2020 /CNW/ - Moneta Porcupine Mines Inc. ( | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Randall Salo (Not stated) | |
| ABSTRACT: | TORONTO, May 14, 2020 /CNW/ - Moneta Porcupine Mines Inc. (TSX: ME) (OTC: MPUCF) (XETRA: MOP) ("Moneta" or the "Company") is pleased to announce the results from four (4) drill holes testing the western and eastern extensions of gold mineralization on the Windjammer South deposit beyond the updated November 2019 NI 43-101 mineral resource estimate. The drilling is part of the expanded 2019/2020 winter drill program recently completed on the Company's Golden Highway Project, 110 km east of Timmins, Ontario, (see Figure 1). Gary O'Connor, CEO & Chief Geologist commented, "We are pleased to continue to intersect gold mineralization in large step-outs at Windjammer South, extending the system by 500 m to the west and 200 m to the east. Gold mineralization has been intersected in multiple wide near surface zones totalling over 200 m in combined thickness and steep high-grade mineralized structures extending to depth. Significantly the drill program has confirmed that gold mineralization at Windjammer South connects with our main South West deposit, spanning more than 1.0 km in distance. The drill program was recently completed in April and additional drill results will be released as they become available. | |
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