Canadian Mining Journal

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GOLD RESOURCE: Multi-million ounces estimated at Golden Highway

ONTARIO - Moneta Porcupine Mines of Timmins, ON, has filed a 43-101 report for its Windjammer South, Southwest and 55 zones at its Golden Highway project east of Timmins. The total indicated resource is 33.5 million tonnes at 1.00 g/t Au plus...



ONTARIO – Moneta Porcupine Mines of Timmins, ON, has filed a 43-101 report for its Windjammer South, Southwest and 55 zones at its Golden Highway project east of Timmins. The total indicated resource is 33.5 million tonnes at 1.00 g/t Au plus an inferred portion of 47.8 million tonnes at 1.35 g/t Au. There are another seven gold zones on the property not included in this report.

The indicated resource contains over 1.0 million oz of gold and the inferred resources over 2.0 million oz. The company believes there is strong potential to expand these resources. There are seven other gold zones on the property that are not included in this estimate.

The Golden Highway project straddles the Destor-Porcupine fault zone. A map is available at MonetaPorcupine.com.