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...

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Moneta Gold Inc Com > Moneta Porcupine Mines Inc. > Gary O'Connor, CEO & Chief Geo

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Comment by goldeagle1on Oct 13, 2019 2:41pm

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Post# 30226795

RE:RE:Moneta Porcupine Mines Inc. > Gary O'Connor, CEO & Chief Geo

Moneta Porcupine Mines Inc. ME TSX Exchange 1st listed @ TSE & One of Oldest Gold Mining Producer In Canada -

Moneta Gold Mine The Highest average grade
Gold Mine Producer in Timmins -
still virgin smile

) the mill destroyed early by fire -

The Moneta Gold Mine is located in the NW portion of
Moneta’s Kayorum property and is immediately adjacent to the east to the Hollinger Mine.

Total production between 1938-1943 was
149,250 oz gold
from 314,829 tons at an average grade of 0.47 oz/t.

The Moneta Gold Mine underground infrastructure includes
a shaft to 1,492 feet with 6 levels of development.

Moneta’s Gold Mine Kayorum property is of particular interest
as the immediately adjacent Hollinger Mine pit project
has been approved with development underway in 2012.
The project envisions a 200-250m deep multiple phase open pit
based on a 2010 resource of 3.47Mozs and 782,000 oz in reserves.

Exploration drill programs have also identified several underground
mining opportunities by ramp and existing underground infrastructure
for both the Hollinger (Millerton) and
McIntyre (Central Porphyry Zone) mines.