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Moneta Intersects Gold in Target Areas Along Strike from Resource
Mar. 07, 2017 08:56AM PST
Precious MetalsMoneta Porcupine Mines (TSX:ME) (“Moneta”) provided an update on its previously announced 40,000 metre drill program on its 100% owned Golden Highway Project, east of Timmins, Ontario. As quoted in the press release: Ian C. Peres, President and CEO stated, “Our Golden Highway project captures 12kms of the Destor Porcupine Fault Zone Corridor, one of …
Moneta Porcupine Mines (TSX:ME) (“Moneta”) provided an update on its previously announced 40,000 metre drill program on its 100% owned Golden Highway Project, east of Timmins, Ontario.
As quoted in the press release:
Ian C. Peres, President and CEO stated, “Our Golden Highway project captures 12kms of the Destor Porcupine Fault Zone Corridor, one of the most prolific Archean gold-bearing structures in the world. The recently drilled positive results extend known gold mineralization several kilometres along strike from the existing NI 43-101 resource and provide a solid foundation for follow-up. Drilling in 2017 will continue at full capacity to systematically test these and other exploration targets with significant gold potential.”
