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

Bullboard Posts

Comment by goldeagle1on Aug 18, 2016 11:16am

365 Views

Post# 25154176

RE:Reason for financing (taken from MD & A)

Reason for financing (taken from MD & A)

The Golden Highway project includes 12km of the prolific Destor Porcupine
Fault Zone and
currently hosts a NI 43 - 101 resource of 4.3 million ounces gold ,
primarily within sedimentary ro ck s currently over a 4km section .

Resource growth potential along the remaining 8km of largely untested
volcanic rock s is exceptional, as
limited historic drilling has already confirmed
shallow high grade gold mineralization.

Management has reviewed and resampled historical drill core
(available at the Company's core facility ), and
correlated the extensive drilling database and
its high grade gold mineralization ,
with known geology, airborne magnetic and
induced polarization anomalies,
to highlight the many undrilled targets of scale
within these 8km of volcanics.
There are now 10+ highly prospective, ranked and
dril l - ready targets to exploit when the Company is able to refinance.

Read more at https://www.stockhouse.com/companies/bullboard/t.me/moneta-porcupine-mines-inc#wVIswoooBaiKfoTQ.99

RE:Higher prices festive season may spur gold buying -

Gold - Spot Price (EOD) ($GOLD)8 year cycle lows -

image: https://stockcharts.com/c-sc/sc?s=%24GOLD&p=M&yr=35&mn=0&dy=0&id=p92734545260&a=412639209&r=57

30 year history of the Vancouver & TSEV Stock Exchanges -
Start beginning LT long term bull market bargain time -

image: https://investorshub.advfn.com/uimage/uploads/2016/7/25/fuoz[xx_jl_25_ALL_HISTORY_fr_87.jpg

image: https://stockcharts.com/c-sc/sc?s=%24GOLD&p=M&yr=16&mn=0&dy=0&id=p80341735732&a=466414961&r=276

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image: https://stockcharts.com/c-sc/sc?s=%24GOLD%3A%24CDW&p=M&yr=16&mn=0&dy=0&id=p33018505834&a=441297064&r=1000

https://www.plata.com.mx/mplata/articulos/articlesFilt.asp?fiidarticulo=281

The gold market is showing some early signs of recovery mostly driven
by the drop in long term interest rates and rise in the risk
aversion in the markets.

image: https://www.kitconet.com/images/live/au0001wb.gif