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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
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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