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Moneta Porcupine Mines Inc.: Moneta Extends Gold Mineralization for 1.6 Km East of Current Resources at Golden Highway

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Toronto, Ontario (Newsfile Corp. - February 2, 2021) -
Moneta Porcupine Mines Inc. (TSX: ME) (OTC Pink: MPUCF) (XETRA: MOP) ( Moneta or the Company ) is pleased to announce the results from six (6) holes drilled to test three (3) targets areas for gold mineralization over a strike length of 1,600 metres (m) to the east of the Windjammer South open pit gold resource. The drill holes were drilled as part of the expanded 2020/2021 winter drill program on the Golden Highway Project, 110 km east of Timmins, Ontario (Figure 1).
Highlights:
Drilling has intersected significant gold mineralization in three targets areas (Halfway, Halfway Lake and East Fold) over a 1,600 m strike length east of the current gold resources at Golden Highway: ....

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Moneta Extends Gold Mineralization for 1.6 Km East of Current Resources at Golden Highway

Moneta Porcupine Mines Inc. (TSX: ME) (OTC Pink: MPUCF) (XETRA: MOP) (“Moneta” or the “Company”) is pleased to announce the results from six (6) holes drilled to test three (3) targets areas for gold mineralization over a strike length of 1,600 metres (m) to the east of the Windjammer South open pit gold resource.
Moneta Porcupine Mines Inc. (TSX: ME) (OTC Pink: MPUCF) (XETRA: MOP) (“Moneta” or the “Company”) is pleased to announce the results from six (6) holes drilled to test three (3) targets areas for gold mineralization over a strike length of 1,600 metres (m) to the east of the Windjammer South open pit gold resource. The drill holes were drilled as part of the expanded 2020/2021 winter drill program on the Golden Highway Project, 110 km east of Timmins, Ontario (Figure 1). ....

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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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O3 Mining Announces Sale Of Garrison Project and Partnership with Moneta Porcupine to Develop Timmins Gold Camp

O3 Mining Announces Sale Of Garrison Project and Partnership with Moneta Porcupine to Develop Timmins Gold Camp
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TORONTO, Jan. 14, 2021 /PRNewswire/ -
O3 Mining Inc. (TSX.V: OIII) (OTCQX: OIIIF) ( O3 Mining or the Corporation ) is pleased to announce that it has entered into a definitive share purchase agreement with Moneta Porcupine Mines Inc. (TSX: ME) (OTC: MPUCF) (
Moneta ), pursuant to which it has agreed to sell its wholly-owned subsidiary, Northern Gold Mining Inc. (
Northern Gold ), in exchange for 149,507,273 common shares of Moneta (
Moneta Shares ), representing 30.1% of the outstanding Moneta Shares (the
Transaction ). Northern Gold owns 100% of the Golden Bear assets, including the Garrison gold project ( ....

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Moneta Porcupine Mines Inc.: Moneta Reports 2,144,200 oz Gold Indicated and 3,335,300 oz Gold Inferred Resources in NI 43-101 Golden Highway Resource Update

Moneta Porcupine Mines Inc.: Moneta Reports 2,144,200 oz Gold Indicated and 3,335,300 oz Gold Inferred Resources in NI 43-101 Golden Highway Resource Update
Notes:
Mineral Resource Estimates are reported at three different cut-off grades; 0.3 g/t Au for the surface mining scenario, 2.6 g/t Au for the South West PEA underground mine plan portion of the resources and 3.00 g/t Au for the underground mining scenario. The cut-off grade was determined at a gold price of US$1,500 per ounce and an exchange rate of USD$/CDN$ of 0.77.
The resource estimate is supported by statistical analysis with different high-grade capping applied to each of the deposits ranging from 6.0 g/t Au to 37.0 g/t Au applied on raw assays and then composited into one (1) metre composites. ....

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