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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

Comment by Contrarian333on May 30, 2019 6:18pm
156 Views
Post# 29786825

RE:RE:June 14th Annual Meeting in Toronto

RE:RE:June 14th Annual Meeting in TorontoThe grades are consistent with other properties in the area which have been acquired by producers at significant premiums to current valuation. In addition, excess mill capacity in the area increases the attractiveness of this Company for a mill owner looking for feed - and the removal of a mill from the capex budget makes for robust and enhanced rates of return for the project.
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