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Moneta Porcupine Mines Inc (TSX:ME)

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Moneta is a long-established gold mineral exploration and development company and former gold producer which owns one of the largest property portfolios over approximately 10% (from Timmins, Ontario to the Quebec border) of the Destor Porcupine Fault Zone, one of the key structural features in the Abitibi Greenstone belt in Ontario. Moneta owns 100% of the Golden Highway Project, North Tisdale, Nighthawk Lake, Kayorum and Denton Thorneloe (West Timmins) core projects located in the Porcupine and Golden Highway Camps, one of the most prolific gold producing regions in North America, with over 72 million ounces of gold mined to date.
Project Overview Corporate Presentation Corporate Fact Sheet  
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Home  |  Corporate  |  Projects  |  Investors  |  News  |  QwikReport  |  Contact  |  DisclaimerMoneta Porcupine Mines Inc.
Advancing Gold Production
Welcome to Moneta Porcupine
Moneta is a long-established gold mineral exploration and development company and former gold producer which owns one of the largest property portfolios over approximately 10% (from Timmins, Ontario to the Quebec border) of the Destor Porcupine Fault Zone, one of the key structural features in the Abitibi Greenstone belt in Ontario. Moneta owns 100% of the Golden Highway Project, North Tisdale, Nighthawk Lake, Kayorum and Denton Thorneloe (West Timmins) core projects located in the Porcupine and Golden Highway Camps, one of the most prolific gold producing regions in North America, with over 72 million ounces of gold mined to date.
Project Overview Corporate Presentation Corporate Fact Sheet

Welcome to Moneta Porcupine
Moneta is a long-established gold mineral exploration and development company and former gold producer which owns one of the largest property portfolios over approximately 10% (from Timmins, Ontario to the Quebec border) of the Destor Porcupine Fault Zone, one of the key structural features in the Abitibi Greenstone belt in Ontario. Moneta owns 100% of the Golden Highway Project, North Tisdale, Nighthawk Lake, Kayorum and Denton Thorneloe (West Timmins) core projects located in the Porcupine and Golden Highway Camps, one of the most prolific gold producing regions in North America, with over 72 million ounces of gold mined to date.
Porcupine Gold Mines Camp -

- 100th Anniversary Video -



The Porcupine Camp is dotted with head frames
and open pit mines;
some old, some newer, evidence of our mining heritage.

Historically, the district has been a major producer
of both gold and base metals.

Timmins Porcupine Gold -

Along the Porcupine-Destor Fault, which runs 200km from Timmins
to Destor in Quebec, over 65 million ounces of gold
have been mined.

Head frames towering majestically in our city's skyline
conjure up images of adventure and heroism.

As picturesque as they are, their presence served a
necessary, practical function for past miners.

The McIntyre Gold Mine

Is the 3rd largest producer of gold in Canada
with a production of 10.8 million oz.

Prospectors Alexander Olifant (alias Sandy McIntyre) and
Hans Buttner staked their claims on the shores of Pearl Lake
in 1909.
The mine operated between 1912 and 1988.
It consisted of an underground mining operation with several
access shafts and vent raises as well as a mill, shops, and
office buildings.
The McIntyre arena was built in 1938 for the workers' and
their families' recreational activities.
At one point, copper was found in the area, and by 1963,
copper ore recovered exceeded gold production.
The only remaining building, following the demolition of
the mine site in 2001, was the Shaft No. 11 head frame
and a shed containing electrical switchgear
for the head frame.
The headframe was completed in 1927.

The McIntyre was the first mine in Canadian history
to use rubber liners in milling and the first in
the Porcupine Camp to apply square-set and cut and fill
stoping mining methods underground.
Gunitting was developed at the McIntyre and it adapted
and introduced flotation to gold milling and the mine was
the first in Ontario to sink a shaft to below 4,000 ft.

Also, then McIntyre Mine Manager Ennis took the lead in mine
safety establishing early procedures which gave a daily report
on safety conditions underground, a standard that is
common today.
There has been an extensive degree of rehabilitation and
exploration work performed in and around
the old McIntyre Mine property in recent years.

The City of Timmins has redeveloped the head frame and
its immediate surroundings as a heritage monument to
gold mining in the Porcupine Camp.

The Hollinger Gold Mine

Hollinger Gold Mine looking east from Goldfields Hotel. **

Operated from 1910 to 1968 and closed due to low gov.
manipulated gold prices.

It is Canada's largest gold producer ever with 19.6 million
ounces produced while in operation.

In October 1909, Benny Hollinger and Alex Gillies made
the discovery that led to the foundation of one of
the world's largest gold mines and the beginning
of the great Porcupine Gold Rush.

The rectangular head frame is a concrete building as opposed
to most other head frames seen in the Timmins skyline,
which are built with either wood or metal.
The large black dome shaped building adjacent to the main head
frame was a storage bin for the ore hoisted from underground.
The old Pump house was used to pump fresh air down into the
mine workings, but is now vacant.

During the summer months, an underground gold mine tour
is offered on a daily basis.
This very exciting and informative journey is a must for
the whole family.

The Paymaster Gold Mine

Was developed by Standard Mines Ltd.
It operated from 1915 to 1966 and produced 1.2 million ounces
of gold.
The main shaft is somewhat run-down but still intact.
The head frame is made of blue and silver sheet metal on
the outside and the interior is constructed with wood.
You can get an excellent view of it from the back road
(across from Simpson Lake on Gold Mine Road).
In 1945, tragedy struck at the Paymaster Mine when the cable
supporting a cage broke, sending 16 men plummeting more
than 1,500 feet to their deaths.

The Dome Gold Mine

Was the first producing gold mine in Timmins.
In the spring of 1909, a prospecting team led by Harry Preston
and Jack Wilson uncovered a mound or dome of golden crusted
They staked their claims and called it "The Big Dome".

The mine started as an underground operation and expanded
to include the super pit. It consists of many buildings
including the head frame (building with the red top),
mill, shops, and office building.

To date, it has produced over 15 million ounces of gold.

Not only was it one of the first mines to be discovered,
but it is Canada's longest running gold mine.

Pamour Mine/Porcupine Joint Venture

Its ore body was first staked in 1909 by a prospector named
A.C. Brown, but for a variety of reasons, such as
the Great Fire of July 11, 1911, World War I, and
the stock market crash of 1929, along with a general lack
of funds, the mine had a difficult start-up.

In 1935, a deal was made between Noranda Mines Ltd. and
Pamour Porcupine Mines Ltd. to bring the mine into production
with Quebec Gold as the manager.
The name Pamour comes from a combination of the names of
two prospectors, Firman La Palme, and Wilfrid D'Amour who
were connected to the property at various times.

The Porcupine Joint Venture, a joint development project by
Placer Dome Ltd. and Kinross Gold Corp saw the Pamour pit
back in operation in 2005.
The relocation of Highway 101 allowed for the expansion of
the super pit and rerouted traffic to the south side of
Three Nations Lake.

Reserves are estimated at 1.8 million ounces of gold.

The Kidd Creek Mine /Metallurgical Site

A division of Xstrata Copper, the mine is located
approximately 22 km north of Timmins.
This major ore body was discovered in 1963 and production
began in 1966.

Copper, zinc and silver are mined at the Kidd Creek Mine.
They are then carried by the Kidd Creek railway to
the metallurgical site 10 km away, where it is crushed,
concentrated, and refined.
Production of these base metals is accomplished using
modern mining techniques and equipment.

Mining began as an open pit at the top of the ore deposit
for the first 6 years but gradually turned into an
underground operation in 1973.
This remarkable operation is the largest employer in the
area and is one of the world's premier mining companies.

Together with the Kidd Metallurgical complex, it employs
close to 2,200 employees and contractors.

The Mine D expansion project was completed in 2006 at a
capital cost of C$664 million.
The project included the development of the Mine D shaft
which extends to 9,889 feet below surface and established
production areas at 8,800 feet.
Developed ore reserves now reach to a depth of 9,100 feet.

The Kidd mine -
produces annually around 45,000 tonnes of copper and
130,000 tonnes of zinc contained in concentrates.

Much of this information has been provided by
the Timmins Chamber of Commerce.

For more information on the Porcupine Camp's mining history,
visit the Underground Gold Mine Tour or the Timmins Museum -

boarder to boarder with Hollinger Gold Mine -




Project Overview
Corporate Presentation Corporate Profile
Adnet Communications Inc.



Head Office:
65 Third Ave.
Timmins ON Canada P4N 1C2
Phone:705 264-2296
Fax:705 267-7490


Moneta owns excellent Gold projects  http://www.monetaporcupine.com/s/Projects.asp


Company Statement

Moneta Porcupine Mines Inc. -
(Moneta) is a long established Canadian mining exploration
company which holds an extensive and highquality exploration
portfolio in the prolific Porcupine and
Golden Highway Gold Camps of Northeastern Ontario.

These camps have produced over 70 million ounces of gold
to-date from at least 26 individual mines, each with more
than 100,000 ounces of production.

Moneta's 10 gold properties, eight of which are 100% owned,
are located along 120 km. of the Destor Porcupine Fault
Zone (DPFZ) corridor.
The DPFZ hosts active mines operated by Newmont Mining
Corporation and The Porcupine Joint Venture (Placer Dome Inc.
(51%) and Kinross Gold Corporation (49%)).

Current Operations

Moneta's 10 gold properties are located along 120 km. of
the famous Destor Porcupine Fault Zone.
Most of the historic production in the region is associated
with the Destor, including significant mines currently
operated by The Porcupine Joint Venture (owned by Goldcorp).

Aggressive exploration programs are being undertaken along
its length by a number of junior companies.

Moneta is currently active on three prime Destor gold properties
which include the Golden Highway Project, Nighthawk Lake and
North Tisdale, the latter two in the Porcupine Camp.

Moneta's exploration is focused on gold and its strategy
includes sole-risk and joint venture exploration, optioning
properties, and earning into strategic properties held
by third-parties.
As a result of its exciting recent acquisition of
the Windjammer Project (Windjammer) -
Moneta's primary exploration target is now
the "Golden Highway Project" centered in Michaud Township,
100 km. east of Timmins, in particular, the "southern corridor".

Moneta has built a mostly contiguous land package over the
years of 655 claim units (10,606 hectares) of which slightly
more than half are subject to third-party agreements.

Prior exploration has led to the discovery of several promising
gold zones on the Golden Highway property, including
the Southwest Zone, which has a historical inferred resource
of 624,500 ounces (3.25 million tonnes averaging almost
6 grams/tonne from a prior joint venture resource
estimate developed by Barrick Gold).
The resource estimate was completed in the mid-to-late
1990s when gold traded in the range of $250 to $350 per ounce.
The Golden Highway Project also includes -
the 50/50 Michaud Joint Venture with Acrex Ventures Ltd.
(65 claim units), which has produced several new discoveries
(55 and Western Zones), and three option agreements with -
St Andrew Goldfields Ltd. -
("St Andrew") as well as -
the former Newmont-Moneta Joint Venture.

In early November 2007, Moneta entered into an agreement
with Newmont Canada Limited,
a subsidiary of Newmont Mining Corporation (Newmont),
to acquire Newmont's interest in a joint venture known as
the Windjammer Project.
The Windjammer property is contiguous on the east with
the Golden Highway property.
Moneta issued 4.4 million common shares to Newmont in
connection with the acquisition (with a hold period
of 12 months).
Moneta now holds a 50% interest and acts as the operator of
the Windjammer Joint Venture.
Moneta has also granted Newmont an option for a period
of 12 months to participate in any equity financing
on a pro rata basis.

Windjammer is comprised of two mining leases (22 mining claims)
in Garrison and Michaud Townships covering 356 hectares.
In the 1980s, drilling by Noranda Inc. identified widespread
gold mineralization in a number of zones and resulted in
two separate gold discoveries,
Windjammer South and Windjammer North,
which have had little further development in the intervening
period. Windjammer South lies one kilometre easterly along
strike on the Destor in the southern corridor from
Moneta's Southwest Zone.
Both zones are open on three sides and at depth.

Windjammer South in combination with Moneta's Southwest Zone
and the 55 Zone represents a southern corridor strike length
of approximately four kilometres with gold mineralization
occurring within altered Timiskaming sediments along
the entire length.
Several exploration holes drilled in the areas in between
Windjammer South and the Southwest Zone produced
intersections and grades similar to those of both zones,
which were not followed up with any further drilling.
The analysis of the prior drilling and new digital modeling
of Windjammer South indicate that the deposit is likely part
of the same geological system as the Southwest Zone.
The acquisition of Windjammer has enabled Moneta to explore
and develop the entire area on an integrated basis.

Geographical Spread

Ontario-Quebec border

Board of Directors and Key Management

Kevin L. Snook Chief Executive Officer, Chief Financial Officer and Director
Rod C. Whyte Chairman and Director
John P. Larche Director
Charles Parsons Director (member of the Audit Committee)
Michael Coulson Director (member of the Audit Committee)
Alex Henry Director (member of the Audit Committee)
Company Address

65 Third Avenue
Ontario, Canada P4N 1C2

Telephone: +1(705) 264 2296
Facsimile: 1(705)267 7490
Email: moneta[at]vianet.on.ca
Website: http://www.monetaporcupine.com

Moneta Porcupine Mines -
starting wake up -


Porcupine quill chart


by tocotuga thanks great ME chart

Moneta Porcupine Mines -

starting LT a comeback -

Moneta Porcupine Mines - ME:TSX SChart Daily 6 mon. Short Term -





The HOLLINGER GOLD MINE, discovered in 1909 by Benny Hollinger,

was once the richest gold producer in the Western Hemisphere.


Fact, along with the GOLD technical picture lead us to believe Au
is getting ready to accelerate into 2011 and this will catch
most by surprise -

Going forward we have strong targets at $1,500, $2,100 and $2,300 smile

Gov. Debt - MOAB - Mother Of All Fiat Bubbles -


Gold has replaced every fiat currency for the past 3000 years -



MONETA PORCUPINE MINES Supporting Our Economy smile

Porcupine Gold Rush -




Welcome to join and enjoy Moneta -
InvestorsHub forum...
tell us your opinions and
ask your questions...
Imo. Tia.

Money Masters: Federal Reserve History part 1 of 3


Money Masters: Federal Reserve History part 2 of 3


Money Masters: Federal Reserve History part 3 of 3


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ME News: Moneta Continues to Expand Gold Mineralization at Windjammer South in Step-Out Drilling 02/20/2020 08:00:00 AM
ME News: Moneta Discovers Gold Mineralization at New Westaway Target and West Block Deposit Extensions 01/16/2020 07:30:00 AM
ME News: Moneta Expands Gold Mineralization at Windjammer South 01/09/2020 07:33:00 AM
ME News: Moneta Discovers New Gold Mineralization at Halfway with 500 Metre Step-Out Drilling 12/11/2019 08:41:00 AM
ME News: Moneta Reports Updated NI 43-101 Resource Estimate: Increases South West Gold Resource to 472,000 oz Indicated and 1,056,500 ... 11/26/2019 07:00:00 AM
#389   Thank you for the information. bigone 01/17/20 07:06:55 AM
#388   We picked up a few more shares earlier bigone 01/17/20 07:05:28 AM
#387   Moneta Porcupine Exhibiting at Booth 731, Vancouver Resource NYBob 01/16/20 10:07:03 PM
#386   Moneta Reports Improved Metallurgical Gold Recoveries NYBob 01/16/20 09:53:48 PM
#385   Thank you for the update. I have forgotten bigone 01/06/20 04:03:53 PM
#384   Moneta Discovers New Gold Mineralization at Halfway with NYBob 01/06/20 03:58:52 PM
#383   Moneta Porcupine Mines Inc. ME TSX Exchange 1st NYBob 10/16/19 02:19:23 PM
#382   ME Shares issued 291,035,027 Rocketred 10/16/19 08:01:21 AM
#381   Moneta Porcupine Mines Inc. ME TSX Exchange 1st NYBob 10/13/19 04:15:02 PM
#380   Moneta holds a 100% interest in 5 core NYBob 10/13/19 01:40:49 PM
#379   HRA Coffin just dumped coverage of ME Rocketred 10/12/19 10:55:13 AM
#378   NICE ! bigone 09/23/19 01:26:30 PM
#377   Moneta Porcupine Mines Inc. TSX Exchange / Sep NYBob 09/23/19 11:23:47 AM
#376   Moneta Announces Closing of Strategic Investment by Eric Sprott NYBob 09/20/19 12:56:52 PM
#375   Moneta Porcupine Mines Inc. > Gary O'Connor, CEO NYBob 09/13/19 10:41:08 PM
#374   News: $MPUCF Moneta announces increase in Eric Sprott NYBob 09/13/19 10:26:36 PM
#373   Crwe World / Moneta Intercepts 1.75 m @ NYBob 06/26/19 01:06:02 PM
#372   Very interesting NYBOB. Thank you. bigone 12/20/18 12:22:58 PM
#371   Moneta identifies multiple new mineralized zones on the NYBob 12/20/18 10:21:27 AM
#370   Very interesting NYBob. Thank you. bigone 11/26/18 04:24:08 PM
#369   RE:RE: RE:Big volume NYBob 11/26/18 04:19:37 PM
#368   This is very big news! bigone 11/20/18 01:32:13 PM
#367   China to Adopt Gold Standard? / Alasdair MacLeod NYBob 11/20/18 01:24:30 PM
#366   Things are looking very good, indeed. bigone 11/20/18 01:22:33 PM
#365   When all new drilling results be added up NYBob 11/20/18 12:42:00 PM
#364   Great news! Thanks for sharing NYBob bigone 11/20/18 12:33:41 PM
#363   The creation of a validated structural geospatial workflow NYBob 11/20/18 12:28:26 PM
#362   Moneta Porcupine Mines Inc (TSX:ME) Great recent NEWS NYBob 11/20/18 12:04:52 PM
#361   Thanks for the update NYBob. bigone 03/05/18 05:50:36 PM
#360   Moneta Porcupine Mines Inc (TSX:ME) Corporate Presentation March NYBob 03/05/18 05:26:29 PM
#359   Good to see activity. bigone 10/20/17 07:17:32 AM
#358   Moneta commences drilling Windjammer North to follow-up on NYBob 10/19/17 05:13:01 PM
#357   MONETA DRILLS 2.8 G/T OVER 26.0M INCLUDING 6.2 NYBob 05/31/17 01:42:21 PM
#356   Moneta announces new appointment to Board of Directors NYBob 05/23/17 04:54:34 PM
#355   Thanks NYBob. It would be nice to see bigone 04/27/17 08:14:28 AM
#354   bigone thank you, Moneta have three drills contracted NYBob 04/26/17 06:39:02 PM
#353   your update is next week on drill holes Rocketred 02/25/17 10:07:08 AM
#352   valueinvestorconso welcome to Moneta Porcupine Mines Inc (TSX:ME *~<:-))) NYBob 12/21/16 12:44:37 PM
#351   We are getting a huge update from the valueinvestorconso 12/20/16 01:54:14 PM
#350   Good news. Thank you NYBob. bigone 12/17/16 05:55:45 PM
#349   Good news. Thank you NYBob. bigone 12/17/16 05:54:27 PM
#348   Good news. Thank you NYBob. bigone 12/17/16 05:53:59 PM
#346   bigone thanks; Fully funded for drilling 2017...40k metres - NYBob 12/07/16 11:09:06 AM
#345   That is great. Thanks for sharing. bigone 09/30/16 05:37:42 PM
#342   Thank you. I hope that this is enough bigone 08/16/16 10:55:08 PM
#341   nice 7m financing deal!!! MIKE2OO5 08/16/16 09:33:45 PM
#340   Hope that you are right NYBob. bigone 08/08/16 06:26:26 PM