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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 Kapboyon Feb 16, 2013 3:40pm
162 Views
Post# 21000616

Moneta main focus is the explaration...

Moneta main focus is the explaration...

of their property. The goal is to increase the size of the resource ( existing PEA of 4.3 M/oz), and move the findings from inferred to indicated and indicated to measured. Mr.Aubertin's (The chap who proved up Detour Lakes 15M/oz find), is in charge of the $10 Million, 50,000M drilling program. Having old drilling logs from the property, makes the job of find the sweet alot easier! Drilling has now started!

Any talks of mergers etc. is way too premature IMHO. Prove the resouce, then talk!

Comments

Kapboy

Bullboard Posts