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Moneta Gold Inc Com MPUCF


Primary Symbol: MEAUF

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

Bullboard Posts
Post by dogwagon Apr 30, 2012 3:56pm
353 Views
Post# 19853220

MONETA AND NORTHERN GOLD MINING???

MONETA AND NORTHERN GOLD MINING???

These two properties are 4 miles apart and are very simular in share structure(CAPEX) amount of ounces in the ground and would make a great combination.Currently they have  approx.6 million ounces(combined) and would be closer to 8 million ounces in 12 months.Both are open pits, and a mill could be set up in the middle of both properties.With-in the next 12 months a bigger player may look at Moneta and Northern Gold as a nice size resource if they teamed up or were bought seperately and combined.Any thoughts????

Bullboard Posts