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Moneta Gold Inc Com MPUCF


Primary Symbol: MEAUF

Metals & Mining Industrial Metals & Minerals
Moneta Porcupine Mines Inc is a gold exploration company. The firm holds land in the Timmins Gold Camp including a joint venture with Kirkland Lake Gold Corporation. The company's flagship project, covering the Golden Highway and Garrison Gold Projects is located near Timmins and hosts a total indicated resource of 3,967,000 ounces gold contained and a total of 4,399,000 ounces gold inferred. Preliminary economic assessment studies were completed on the Garrison open pit resources and the...


OTCQX:MEAUF - Post by User

Moneta Gold Inc Com
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Post by cre8valueon Apr 29, 2014 10:01am
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Post# 22501774

RE:RE:RE:RE:RE:RE:RE:LSG and ME

RE:RE:RE:RE:RE:RE:RE:LSG and ME
curve - On grade - How can you say the grade is lower? I am focusing on the low grade pits. OSK vs ME This is from the March 12, 2014 news release on Canadian Malartic "The open pit Proven & Probable gold reserves now stand at 9.37 million (M) ounces at a fully diluted average gold grade of 1.04 grams per tonne ("g/t Au"), following total 2013 production of 475,277 ounces of gold." For Moneta Preliminary Economic Assessment ( December 2012 ) for the flagship Golden Highway generated a Net Present Value of $748M using US$1,350 gold based on the NI 43-101 resource estimate of 1,091,000 ounces indicated (31.1 Mt at 1.09 g/t Au) plus 3,204,000 ounces inferred (83.3 Mt at 1.20 g/t Au), clustered within four kilometres of similar geology from Moneta " This doesn't include the latest higher grades on the good drill results for Moneta.
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