Moneta Announces Results From Six Holes at Golden Highway Project

Moneta Porcupine Mines Inc. (TSX:ME) announced the results from six diamond drill holes located within the company’s Golden Highway project.

Highlights are as follows:

Step-out drilling at Windjammer North was designed to test the up and down plunge extensions of the two main plunging zones of gold mineralization previously identified at Windjammer North as well as test Zone 3 and Zone 4 at depth.

Plunging Zones  Zone 1 Drill hole MGH17-049 extended Zone 1 by 125 meters up-plunge and intersected 3.00 meters (“m”) @ 3.60 gram per tonne gold (“g/t Au”), including 1.00 m @ 7.56 g/t Au.  Zone 2 Drill hole MGH17-049 extended Zone 2 up-plunge by 125 m in hold intersecting 2.21 m @ 2.11 g/t Au.  Zone 3 Drill hole MGH17-053 intersected Zone 3 extending the zone by over 125 m down-plunge to the west, assaying 9.50 m @ 7.52 g/t Au including 2.82 m @ 19.46 g/t Au. MGH17-046 and MGH17-049 extended the zone up-plunge by up to 150 m intersecting 1.00 m @ 5.78 g/t Au and 2.00 m @ 2.14 g/t Au  Zone 4 Zone 4 was confirmed in Holes MGH17-053 and MGH17-040 intersecting 0.80 m @ 4.92 g/t Au and 2.27 m @ 1.66 g/t Au

Gary O’Connor, CEO & chief geologist, commented:

We are very pleased to have extended the up-dip and down-dip plunges of the two main zones of mineralization at Windjammer North and confirmed two additional zones at depth. Drilling has extended the size of mineralization within this gold system and has confirmed our interpretation and the high-grade potential at Windjammer North. The encouraging results add to our inventory of targets with good potential within the Golden Highway project beyond the South West and Discovery areas with Windjammer North also returning good intercepts from step-out drilling.

Click here to read the full Moneta Porcupine Mines Inc. (TSX:ME) press release.