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Moneta Porcupine Mines Inc.
Summary
| Project: | Golden Highway | |
|---|---|---|
| Deposit: | Windjammer South, 55 | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 8/8/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 8-8-2019: Moneta Porcupine Mines Inc. announces an Exploration/Drilling Update report for its Windjammer South, 55 deposit at the Golden Highway project. Drilling results incl. 7.00m @ 2.05g/t Au from 356.00m. TORONTO, Aug. 8, 2019 /CNW/ - Moneta Porcupin | |
| 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. 8, 2019 /CNW/ - Moneta Porcupine Mines Inc. (TSX:ME) (OTC:MPUCF) (XETRA:MOP) ("Moneta" or the "Company") is pleased to announce the results from one new drill hole and sampling of one historical hole as part of the 2019 winter drill program. The results are from the Windjammer South and "55" Deposits located within the Company's Golden Highway Project, 110 km east of Timmins, Ontario, (see Figure 1). Gary O'Connor, CEO & Chief Geologist commented, "We are encouraged by the ongoing success of the 2019 program which has shown significant extensions to both the Windjammer South and "55" deposits outside of the current resources at both deposits. New drilling at "55" and sampling of newly identified veining at Windjammer South has shown that we have the potential to readily expand the resources of both these deposits. The "55" and Windjammer South deposits are located 1.5 km west and 1 km east respectively of the South West deposit. The 2019 drill program has been successful at drilling potential extensions to the current resources. We are now in the process of updating the South West resource to include the 2019 drill results." The latest assay results are from the last drill hole, MGH19-114 from the 2019 winter drill program drilled to a depth of 465.00 m at "55", and from historical hole MWJ08-15 from Windjammer South. The drill holes were drilled and sampled to test extensions of the current resources. | |
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