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Moneta Porcupine Mines Inc.: Moneta Files NI 43-101 Technical Report for the Mineral Resource Update on the Golden Highway Project


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Toronto, Ontario (Newsfile Corp. - January 22, 2021) -
Moneta Porcupine Mines Inc. (TSX :ME) (OTC Pink: MPUCF) (XETRA: MOP) ( Moneta or the Company ) is pleased to announce the filing of the technical report covering the updated mineral resource estimate for the Golden Highway Project, 110 km east of Timmins, Ontario.
Gary O Connor, CEO of Moneta, commented, We are pleased to have filed the Technical Report that supports the recent mineral resource update on the Golden Highway project. The resource update resulted in a significant increase in the size of the resource expanding our current indicated resource base to 2,144,000 oz gold and inferred resources to 3,335,000 oz gold while adding a maiden underground resource at Westaway and open pit resources at Windjammer South and 55. The newly discovered Westaway/West Block deposit contains an underground resource of 662,000 oz gold inferred at a grade of 4.71 g/t Au, and the open pit resources of 1,099,000 oz gol ....

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