STLLR Gold Inc (ME)

[NYBob]

Kirkland Lake Gold Announces Strategic Alliance With Newmont
Canada For Exploration Opportunities Around Holt Complex And
Newmont's Timmins Properties
KL | 2 hours ago
TORONTO, Aug. 17, 2020 (GLOBE NEWSWIRE) --

Kirkland Lake Gold Ltd. (“Kirkland Lake Gold” or the “Company”) (TSX:KL)
(NYSE:KL)(ASX:KLA) today announced that the Company and its wholly-
owned indirectly held subsidiary St Andrew Goldfields Ltd. have entered
into a strategic alliance agreement (the “Agreement”) with Newmont
Canada FN Holdings ULC (“Newmont”) with respect to exploration and
development opportunities around the Company’s Holt Complex and
Newmont’s properties in Timmins, Ontario.

Under terms of the Agreement, Newmont will pay Kirkland Lake Gold US$75 million to acquire an option (the “Option”) on certain mining and mineral rights related to the Company’s Holt Mine property. The Agreement also includes a commitment by the two companies to work together to identify additional regional exploration opportunities around their respective land positions in the region where they may be able to cooperate in the future to advance projects and create value for both companies. Under terms of the Agreement, the Option may be terminated by the Company upon the assumption of certain liabilities related to the Holt Mine property. Kirkland Lake Gold will act as manager of Strategic Alliance activities. Ownership of all infrastructure on the Holt Mine property, including the Holt Mill, is retained by Kirkland Lake Gold, and the Option does not involve the other Holt Complex assets, including the Holloway and Taylor mines.

About Kirkland Lake Gold Ltd.

Kirkland Lake Gold Ltd. is a growing gold producer operating in Canada and Australia that produced 974,615 ounces in 2019. The production profile of the Company is anchored by three high-quality operations, including the Macassa Mine and Detour Lake Mine, both located in Northern Ontario, and the Fosterville Mine located in the state of Victoria, Australia. Kirkland Lake Gold's solid base of quality assets is complemented by district scale exploration potential, supported by a strong financial position with extensive management expertise.

For further information on Kirkland Lake Gold and to receive news releases by email, visit the website at

http://www.kl.gold.com

FOR FURTHER INFORMATION PLEASE CONTACT

Anthony Makuch, President, Chief Executive Officer & Director
Phone: [phone], E-mail: [e-mail]

Mark Utting, Senior Vice President, Investor Relations
Phone: [phone], E-mail: [e-mail]

Cautionary Note Regarding Forward-Looking Information

This News Release includes certain "forward-looking statements". All statements other than statements of historical fact included in this release are forward-looking statements that involve various risks and uncertainties. These forward-looking statements include, but are not limited to, statements with respect to the ability to increase exploration in the region pursuant to the Agreement, planned exploration programs, costs and expenditures, potential opportunities for growth and other information that is based on forecasts of future operational or financial results, estimates of amounts not yet determinable and assumptions of management. These forward-looking statements include, but are not limited to, statements with respect to future exploration potential, project economics, timing and scope of future exploration, anticipated costs and expenditures, changes in mineral resources and conversion of mineral resources to proven and probable reserves, and other information that is based on forecasts of future operational or financial results, estimates of amounts not yet determinable and assumptions of management.

Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as "expects" or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", "estimates" or "intends", or stating that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved) are not statements of historical fact and may be "forward-looking statements." Forward-looking statements are subject to a variety of risks and uncertainties that could cause actual events or results to differ from those reflected in the forward-looking statements.

There can be no assurance that forward-looking statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company’s expectations include, among others, risks related to international operations, risks related to obtaining the permits required to carry out planned exploration or development work, the actual results of current exploration activities, conclusions of economic evaluations and changes in project parameters as plans continue to be refined as well as future prices of gold, as well as those factors discussed in the section entitled "Risk Factors" in the Company’s Annual Information Form, financial statements and related MD&A for the periods ended December 31, 2019 and June 30, 2020 and other disclosures of "Risk Factors" by the Company and its predecessors, which are filed with the securities regulatory authorities in certain provinces in Canada and available on SEDAR. Although the Company has attempted to identify key factors that could cause actual results to differ materially, there may be other factors that cause unanticipated and unintended results. There can be no assurance that such statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.


GlobeNewswire
August 17, 2020 - 2:00 PM PDT
Tags:
INDUSTRIAL METALS & MINERALS
1

Globe says Moneta Porcupine Mines called "undervalued" 2020-06-05
07:56 ET -
ex....
In the News The Globe and Mail reports in its Friday, June 5,
edition that Industrial Alliance Securities analyst George
Topping says Moneta Porcupine Mines (14.5 cents) is "undervalued."

The Globe's David Leeder writes in the Eye On Equities column
that Mr. Topping notes Moneta's "desirable location in an
existing camp with many underutilized mills and
record gold prices."

Accordingly, Mr. Topping began coverage of the gold exploration
company, which owns six projects in the Timmins mining camp,
with a "buy" rating.

Mr. Topping set a share target of 35 cents.

Analysts on average target the shares at 40 cents.

Mr. Topping further notes that "insiders and major shareholders
have added 2.7 million shares through the public market,
which to us is a bullish signal."

Eric Sprott, a "renowned" gold investor, recently increased
his interest in Moneta and now holds 9 per cent of its shares.

Mr. Topping says in a note:
"As the resource grows and/or is upgraded via infill,
Moneta will undergo a multiple expansion.
We await the PEA on the project before we assign our
own metrics to a potential mining plan.

However, we see a scenario where the company could secure
toll treatment, or preferably, buy a nearby mill."

2020 Canjex Publishing Ltd. All rights reserved.
by JON72

Moneta Porcupine Mines Inc.
ME TSX Exchange 1st mining comp listed @ TSE -
The giant Au with so many great old
mining properties in Timmins Canada's richest
mining camp - may Wake UP smile) -
ex....
https://stockhouse.com/companies/bullboard?symbol=t.me&postid=31181819

Moneta Porcupine Mines Inc. ME TSX Exchange 1st mining comp listed @ TSE
- The giant Au starting to wake UP - )

https://stockhouse.com/companies/bullboard?symbol=t.me&postid=31063299

God Bless

[daisyfresh]

Yes, it's been given the kiss of death.

[Fress]

This stock is a POS chart says its going way down...

[bigone]

Looks like a good place for us to be.

[NYBob]

Moneta Gold Mine Great Location:
Pelangio Exploration Commences Drilling at
Dalton Property, Timmins Ontario -

The Dalton Property is located approximately 1.5 km
southwest of Newmont's Hollinger open pit operation.
Moneta Gold Mine Right Beside The Hollinger Mine is
the largest gold mine
in the Timmins Camp with historical production in
excess of 19.3 million oz of gold (see Figure 1 below)*.

https://stockhouse.com/companies/bullboard?symbol=t.me&postid=31266989

God Bless

[NYBob]

nowwhat2 thank you, well ME waking UP and the more volatility the better -
the higher it will often FLY

Happy 4th to all -

New Hydroxychloroquine Study Vindicates President Trump and Should End Dr.
Fauci’s Career at NIAID and in Medicine (VIDEO)

https://www.thegatewaypundit.com/2020/07/new-hydroxychloroquine-study-vindicates-president-trump-end-dr-faucis-career-niaid-medicine-video/?utm_source=Email&utm_medium=the-gateway-pundit&utm_campaign=dailyam&utm_content=daily


Hey !.....Why U should be reporting on Moneta today - NOT Kirkland -

Well, ME had a normal correction today and the ME bull trend to be back Monday -

ME an Au bargain way undervalued and oversold its a long hike back UP )
Imo!...




2 days earlier.....Man......



June 17th and my day of small entry (paid a ridiculous .175)




Moneta Porcupine Mines Inc. ME TSX Exchange 1st mining comp listed @ TSE - The giant Au starting to wake UP - )

https://stockhouse.com/companies/bullboard?symbol=t.me&postid=31222124


well, to get closer to fair market value ME has to @ least double and
go up to were ME been before -




Thanks for the heads up - )
Imo!

God Bless America

[daisyfresh]

People are not digging the new financing, which lets the financing company pre-sell shares at a higher price and buy at a lower one. (In fact, the overhang of share that kept appearing was the financing company.) The question is, how low will ME go now?

[nowwhat2]

Hey !.....Why U should be reporting on Moneta today - NOT Kirkland



2 days earlier.....Man......



June 17th and my day of small entry (paid a ridiculous .175)

[nowwhat2]

Strange, why, today it almost seems to have "gotten over" that "overhang".....


https://investorshub.advfn.com/boards/read_msg.aspx?message_id=156678363

[nowwhat2]

Yes, there certainly seems to be......In fact : (don't think I've ever.....) *typo

3 Sma's



3 Ema's
9 sessions earlier.....



Little over $300,000 dollars-worth changed hands today

[NYBob]

Globe says Moneta Porcupine Mines called "undervalued" 2020-06-05
07:56 ET -
ex....
In the News The Globe and Mail reports in its Friday, June 5,
edition that Industrial Alliance Securities analyst George
Topping says Moneta Porcupine Mines (14.5 cents) is "undervalued."

The Globe's David Leeder writes in the Eye On Equities column
that Mr. Topping notes Moneta's "desirable location in an
existing camp with many underutilized mills and
record gold prices."

Accordingly, Mr. Topping began coverage of the gold exploration
company, which owns six projects in the Timmins mining camp,
with a "buy" rating.

Mr. Topping set a share target of 35 cents.

Analysts on average target the shares at 40 cents.

Mr. Topping further notes that "insiders and major shareholders
have added 2.7 million shares through the public market,
which to us is a bullish signal."

Eric Sprott, a "renowned" gold investor, recently increased
his interest in Moneta and now holds 9 per cent of its shares.

Mr. Topping says in a note:
"As the resource grows and/or is upgraded via infill,
Moneta will undergo a multiple expansion.
We await the PEA on the project before we assign our
own metrics to a potential mining plan.

However, we see a scenario where the company could secure
toll treatment, or preferably, buy a nearby mill."

2020 Canjex Publishing Ltd. All rights reserved.
by JON72

Moneta Porcupine Mines Inc.
ME TSX Exchange 1st mining comp listed @ TSE -
The giant Au with so many great old
mining properties in Timmins Canada's richest
mining camp - may Wake UP ) -
ex....
https://stockhouse.com/companies/bullboard?symbol=t.me&postid=31181819

God Bless

[daisyfresh]

There seems to be a steady supply of ME shares from the top down?

[bigone]

Be safe my friend.

[NYBob]

nowwhat2 thank you, well ME waking UP and the more volatility the better - )

when Au giants waking UP the moves in pennies - to nickels - to dimes )

the volatility be bigger to higher often before start of FLYING


Moneta Porcupine Mines Inc. ME TSX Exchange 1st mining comp listed @ TSE - The giant Au starting to wake UP - )

https://stockhouse.com/companies/bullboard?symbol=t.me&postid=31063299


well, to get closer to fair market value ME has to @ least double and
go up to were ME been before in fiat$ value -



Thanks for the heads up - )
Imo!

God Bless

[nowwhat2]

HUGE throng of sellers.....




10,000 @ .175


Damn !.....$1750 > Down $250.......(14%)





Nice Day 1

[NYBob]

nowwhat2 thank you, well ME waking UP and the more volatility the better -
the higher it will often FLY


Moneta Porcupine Mines Inc. ME TSX Exchange 1st mining comp listed @ TSE - The giant Au starting to wake UP - )

https://stockhouse.com/companies/bullboard?symbol=t.me&postid=31063299


well, to get closer to fair market value ME has to @ least double and
go up to were ME been before -




Thanks for the heads up - )
Imo!

God Bless

[NYBob]

daisyfresh welcome to Moneta Porcupine Mines Inc (TSX:ME )
following #58 to you -
TIA -

Tomorrow will be better. People are looking for a good entry point. )

Moneta Porcupine Min (ME)
0.16 ? -0.005 (-3.03%)
Volume: 3,178,403
@06/17/20 3:33:34 PM EDT

Moneta Porcupine Min (MPUCF)
0.121 ? -0.0028 (-2.26%)
Volume: 2,796,877
@06/17/20 3:14:54 PM EDT
Bid Ask Day's Range
0.1166 0.1175 0.119 - 0.1451
MPUCF Detailed Quote

Moneta Porcupine Mines Inc. ME TSX Exchange 1st mining comp listed @ TSE - The giant Au may wake up -

https://stockhouse.com/companies/bullboard?symbol=t.me&postid=31063299


well, to get closer to fair market value ME has to @ least double and
go up to were ME been before -




Thanks for the heads up -

God Bless

[daisyfresh]

Thanks, doubly.

[daisyfresh]

Thanks.

[NYBob]

daisyfresh welcome to Moneta Porcupine Mines Inc (TSX:ME )
following #58 to you -
TIA -

Tomorrow will be better. People are looking for a good entry point. )

Moneta Porcupine Min (MPUCF)
0.121 ? -0.0028 (-2.26%)
Volume: 2,796,877
@06/17/20 3:14:54 PM EDT
Bid Ask Day's Range
0.1166 0.1175 0.119 - 0.1451
MPUCF Detailed Quote

Moneta Porcupine Mines Inc. ME TSX Exchange 1st mining comp listed @ TSE - The giant Au may wake up -

https://stockhouse.com/companies/bullboard?symbol=t.me&postid=31063299


well, to get closer to fair market value ME has to @ least double and
go up to were ME been before -




Thanks for the heads up -

God Bless

[daisyfresh]

People in the know are buying ME in quantity because they expect it to go somewhere. Annual meeting tomorrow.

[daisyfresh]

Tomorrow will be better. People are looking for a good entry point.

[nowwhat2]

Well she's sure under some extreme selling pressure right now (I think I can tell U that)......

It's like me I just paid the @ .175 and since then it's just been gettin' SMOKED.....

It's like - Never fails - I always have to endure some time under water whenever I enter a stock....Piss me off

Bid .16 Ask .165...........A giant SWARM of freaking sellers at .17

[nowwhat2]

giant SWARM of freaking sellers at .17

[NYBob]

Moneta Porcupine Mines Inc. ME TSX Exchange 1st mining comp listed @ TSE - The giant Au may wake up -

https://stockhouse.com/companies/bullboard?symbol=t.me&postid=31063299


well, to get closer to fair market value ME has to @ least double and
go up to were ME been before -




Thanks for the heads up -

God Bless

[NYBob]

Moneta Porcupine Mines Inc. ME TSX Exchange 1st mining comp listed @ TSE - The giant Au may wake up -

https://stockhouse.com/companies/bullboard?symbol=t.me&postid=31063299


well, to get closer to fair market value ME has to @ least double and
go up to were ME been before -




Thanks for the heads up -

God Bless

[nowwhat2]

Super-move !

8 (trading days ago)





Now :


Asking .18


'Course 2 million shares volume on a .17 center's nuthin' but relatively-speaing - That IS a nice volume spike





Thanks for the heads up - Watching anything else ?

[bigone]

Hoping that everything progresses well.

[NYBob]

bigone thank you, Moneta Porcupine Mines Inc (TSX:ME) More Coverage

by....
Globe says Moneta Porcupine Mines called "undervalued" 2020-06-05
07:56 ET -
In the News The Globe and Mail reports in its Friday, June 5,
edition that Industrial Alliance Securities analyst George
Topping says Moneta Porcupine Mines (14.5 cents) is "undervalued."

The Globe's David Leeder writes in the Eye On Equities column
that Mr. Topping notes Moneta's "desirable location in an
existing camp with many underutilized mills and
record gold prices."

Accordingly, Mr. Topping began coverage of the gold exploration
company, which owns six projects in the Timmins mining camp,
with a "buy" rating.

Mr. Topping set a share target of 35 cents.

Analysts on average target the shares at 40 cents.

Mr. Topping further notes that "insiders and major shareholders
have added 2.7 million shares through the public market,
which to us is a bullish signal."

Eric Sprott, a "renowned" gold investor, recently increased
his interest in Moneta and now holds 9 per cent of its shares.

Mr. Topping says in a note:
"As the resource grows and/or is upgraded via infill,
Moneta will undergo a multiple expansion.
We await the PEA on the project before we assign our
own metrics to a potential mining plan.

However, we see a scenario where the company could secure
toll treatment, or preferably, buy a nearby mill."

2020 Canjex Publishing Ltd. All rights reserved.
by JON72

Moneta Porcupine Mines Inc.
ME TSX Exchange 1st mining comp listed @ TSE -
The giant Au with so many great old
mining properties in Timmins Canada's richest
mining camp - may Wake UP ) -

https://stockhouse.com/companies/bullboard?symbol=t.me&postid=31063299

God Bless

[bigone]

Nice history. Thanks

[NYBob]

Moneta Porcupine Mines Inc. ME TSX Exchange 1st mining comp listed @ TSE - The giant Au may wake up -

https://stockhouse.com/companies/bullboard?symbol=t.me&postid=31063299

God Bless

[bigone]

Thanks for the news.

[NYBob]

RE: Glad to see this - and RE: Undervalued -
thanks bigone and invest13 -

New leadership has started to turn the fortune of the company.
Ever since Gary O' Connor arrived things have been looking up
he has changed the whole strategy of the company, and
the results are showing he has the company heading
in the right direction -

He very professional and perhaps not promotional enough but
in the end good results will get investor attention.
I think the stock is ready to have a sizable move, up.
Today press release should really attract knowledgeable
investors and more coverage.
When it moves I think it will happen quickly.
Of course current bullion prices will be of good support
to our great gold mining profit for ME & us...

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=155531208


https://investorshub.advfn.com/boards/read_msg.aspx?message_id=155452098


Moneta Porcupine Mines Inc (TSX:ME) GREAT NEWS -
Canada NewsWire
TORONTO, May 21, 2020
TSX: ME

TORONTO, May 21, 2020 /CNW/ - Moneta Porcupine Mines Inc. (TSX:ME) (OTC:MPUCF) (XETRA:MOP) ("Moneta" or the "Company") is pleased to announce the results from one hole drilled to test for gold mineralization on the new South BIF Target.

The drill hole was drilled as part of the expanded 2019/2020 winter drill program recently completed on the Company's Golden Highway Project, 110 km east of Timmins, Ontario (Figure 1).

Moneta Porcupine Mines Inc. (CNW Group/Moneta Porcupine Mines Inc.)

Highlights:
Drilling has discovered gold mineralization on the southern margins of the regional Timiskaming sedimentary basin:

MGH20-148: Intersected 3.50 metres "m" @ 8.09 grams per tonne "g/t" including 0.55 m @ 30.40 g/t Au
MGH20-148: Intersected 2.15 m @ 2.66 g/t Au including 0.45 m @ 4.72 g/t Au in a second vein

Drilling intersected a new gold discovery over 1.0 kilometre "Km" west of the current South West gold resource estimate and 500 m south of the new Westaway discovery

"We are excited to have discovered a new zone of gold mineralization at the South BIF target with our latest drilling," commented CEO, Gary O'Connor.

"We intersected mineralized gold veins along the southern margins of the basin adjacent to the recently recognized favourable BIF A host contact.

These veins are possibly extensions of the Westaway gold veins which were recently discovered to the north.

This represents a new regional trend of prospective ground at
the Golden Highway Project where no systematic exploration has been
conducted previously.
We look forward to exploring the trend further."

The latest assay results are from one (1) drill hole, MGH20-148, completed during the 2019/2020 winter drill program at the new South BIF target, located west of the South West Deposit (Table 2). The hole, totaling 609.00 m was drilled to test a potential new trend adjacent to the newly recognized favourable banded iron formation "BIF" A unit.

South BIF Drill Results
Drill Hole MGH20-148 was drilled 500 m south of the new Westaway discovery and over 1 km to the west of the South West deposit. (See press release PR-03-2020 dated 16 January 2020:

Drilling intersected up 7.95 m @ 3.48 g/t Au including 0.95 m @ 13.80 g/t Au from WA-9 and 0.70 m @ 13.50 g/t Au at Westaway).

The drill hole was targeted to test a section of the favourable coarse grain sandstone host adjacent to the newly recognized occurrence of the regional BIF A unit in historical hole M87-66 on the southern margins of the Timiskaming age sedimentary basin.

The drill hole intersected seven (7) new vein structures. Drilling intercepted up to 3.50 m @ 8.09 g/t Au including 3.00 m @ 9.22 g/t Au, including 0.55 m @ 30.40 g/t Au from one vein and 2.15 m @ 2.66 g/t Au including 0.45 m @ 4.72 g/t Au from a second vein.

It is possible that the veins represent extensions of the Westaway gold mineralized veins.
Further drilling will be required to confirm the extensions of veins.

South BIF Target
The South BIF target is located on the contact of the prospective BIF A unit with the overlying coarse sandstone sediments recently recognized near the southern margins of the regional Timiskaming sedimentary basin.

The majority of Moneta's current mineral resources are hosted within this basin.
It is thought that the repeat of the BIF A unit is due to a regional synclinal structure.

The geological setting is similar to the South West deposit located over 1.0 km to the east (Figure 1) and are seen to occur as a series of mineralized vein structures.

The gold mineralized quartz-pyrite veins at South BIF appear to occur as extensional vein structures associated with ankerite-sericite-silica-pyrite alteration haloes.

The zones occur as steeply west dipping WNW-ESE oriented mineralized structures as per the main mineralization at South West and Westaway.

The mineralized veins could potentially be the extensions of the new Westaway discovery located 500 m to the north.

The BIF A unit was not intersected in the hole suggesting it is south dipping. Additional drilling is required to confirm this.

The southern basin margin has not been systematically explored historically and represents a major new regional prospective trend.

https://web.tmxmoney.com/article.php?newsid=4505435630555123&qm_symbol=ME

[bigone]

Glad to see this.

[NYBob]

Moneta Porcupine Mines Inc (TSX:ME) GREAT NEWS -
Canada NewsWire
TORONTO, May 21, 2020
TSX: ME

TORONTO, May 21, 2020 /CNW/ - Moneta Porcupine Mines Inc. (TSX:ME) (OTC:MPUCF) (XETRA:MOP) ("Moneta" or the "Company") is pleased to announce the results from one hole drilled to test for gold mineralization on the new South BIF Target.

The drill hole was drilled as part of the expanded 2019/2020 winter drill program recently completed on the Company's Golden Highway Project, 110 km east of Timmins, Ontario (Figure 1).

Moneta Porcupine Mines Inc. (CNW Group/Moneta Porcupine Mines Inc.)

Highlights:
Drilling has discovered gold mineralization on the southern margins of the regional Timiskaming sedimentary basin:

MGH20-148: Intersected 3.50 metres "m" @ 8.09 grams per tonne "g/t" including 0.55 m @ 30.40 g/t Au
MGH20-148: Intersected 2.15 m @ 2.66 g/t Au including 0.45 m @ 4.72 g/t Au in a second vein

Drilling intersected a new gold discovery over 1.0 kilometre "Km" west of the current South West gold resource estimate and 500 m south of the new Westaway discovery

"We are excited to have discovered a new zone of gold mineralization at the South BIF target with our latest drilling," commented CEO, Gary O'Connor.

"We intersected mineralized gold veins along the southern margins of the basin adjacent to the recently recognized favourable BIF A host contact.

These veins are possibly extensions of the Westaway gold veins which were recently discovered to the north.

This represents a new regional trend of prospective ground at
the Golden Highway Project where no systematic exploration has been
conducted previously.
We look forward to exploring the trend further."

The latest assay results are from one (1) drill hole, MGH20-148, completed during the 2019/2020 winter drill program at the new South BIF target, located west of the South West Deposit (Table 2). The hole, totaling 609.00 m was drilled to test a potential new trend adjacent to the newly recognized favourable banded iron formation "BIF" A unit.

South BIF Drill Results
Drill Hole MGH20-148 was drilled 500 m south of the new Westaway discovery and over 1 km to the west of the South West deposit. (See press release PR-03-2020 dated 16 January 2020:

Drilling intersected up 7.95 m @ 3.48 g/t Au including 0.95 m @ 13.80 g/t Au from WA-9 and 0.70 m @ 13.50 g/t Au at Westaway).

The drill hole was targeted to test a section of the favourable coarse grain sandstone host adjacent to the newly recognized occurrence of the regional BIF A unit in historical hole M87-66 on the southern margins of the Timiskaming age sedimentary basin.

The drill hole intersected seven (7) new vein structures. Drilling intercepted up to 3.50 m @ 8.09 g/t Au including 3.00 m @ 9.22 g/t Au, including 0.55 m @ 30.40 g/t Au from one vein and 2.15 m @ 2.66 g/t Au including 0.45 m @ 4.72 g/t Au from a second vein.

It is possible that the veins represent extensions of the Westaway gold mineralized veins.
Further drilling will be required to confirm the extensions of veins.

South BIF Target
The South BIF target is located on the contact of the prospective BIF A unit with the overlying coarse sandstone sediments recently recognized near the southern margins of the regional Timiskaming sedimentary basin.

The majority of Moneta's current mineral resources are hosted within this basin.
It is thought that the repeat of the BIF A unit is due to a regional synclinal structure.

The geological setting is similar to the South West deposit located over 1.0 km to the east (Figure 1) and are seen to occur as a series of mineralized vein structures.

The gold mineralized quartz-pyrite veins at South BIF appear to occur as extensional vein structures associated with ankerite-sericite-silica-pyrite alteration haloes.

The zones occur as steeply west dipping WNW-ESE oriented mineralized structures as per the main mineralization at South West and Westaway.

The mineralized veins could potentially be the extensions of the new Westaway discovery located 500 m to the north.

The BIF A unit was not intersected in the hole suggesting it is south dipping. Additional drilling is required to confirm this.

The southern basin margin has not been systematically explored historically and represents a major new regional prospective trend.

https://web.tmxmoney.com/article.php?newsid=4505435630555123&qm_symbol=ME

[bigone]

Sounds like a lot of potential.

[NYBob]

Moneta Porcupine Mines Inc. (TSX:ME, OTC:MPUCF) CEO Clip: Gary O'Connor
Moneta Porcupine Mines | Canada's Most Prolific Gold Mining Camp -
•Apr 23, 2020
In this video the CEO of Moneta Porcupine Mines, Gary O'Connor,
talks about the company's gold exploration in the Timmins Gold Camp.

Moneta Porcupine Mines is a gold exploration company that holds
a 100% interest in 6 core gold projects and
a 50% JV with Kirkland Lake Gold strategically located on or
along the Destor Porcupine Fault Zone corridor ("Destor").
Destor is one of the key mineralized structures in
the Abitibi Greenstone belt in Ontario and has excellent
infrastructure including access roads, water, electricity
and mills.

All of the Moneta's properties are in the Timmins Gold Camp.
They're exploring for gold deposits along
the Destor Porcupine, Canada's most prolific gold mining camp.


https://www.youtube.com/watch?v=dCvqvuGT47c&t=11s



In Conversation: Gary O'Connor @Moneta Porcupine -
A solid Ontario position and backing from strategic investors.
What will 2020 bring for Moneta Porcupine?

https://www.youtube.com/watch?v=Z7BCFrPq_Wg


New May 2020 corporate presentation out by Moneta Porcupine Mines Inc
(TSX:ME) -


Check it out. Some new items I noticed:

There are 2 analysts covering ME:

PAradigm and Haywood, Sprott has increased holdings in ME.

There is also their 10 year plan.
Check it out:

https://www.monetaporcupine.com/corporate-presentation/

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=155397104


In GOD We Trust -





https://www.kitco.com/images/live/silver.gif?0.8344882022363285









http://www.kitconet.com/images/live/au0001wb.gif


Gold & Silver is the only REAL Legal Tender -

by The Founding Fathers for your -

Rights, Liberty and Freedom -

http://www.biblebelievers.org.au/monie.htm

God Bless America
Ps.
opinion appreciated
TIA

[bigone]

GO ME !!!

[NYBob]

Moneta Porcupine Mines Inc. (TSX: ME)
@monetaporcupine
·
22 Apr
Moneta's CEO, Gary O'Connor highlights the Company's high-grade gold
deposit in the prolific gold producing camp at Timmins, Ont.
Moneta is one of only three junior mining companies located in the
district with a large land position, advancing resources to production.


https://twitter.com/i/status/1252997102462009346

[bigone]

NYBob, this was great to read. Thank you.

[NYBob]

New May 2020 corporate presentation out by Moneta Porcupine Mines Inc
(TSX:ME) -


Check it out. Some new items I noticed:

There are 2 analysts covering ME:

PAradigm and Haywood, Sprott has increased holdings in ME.

There is also their 10 year plan.
Check it out:

https://www.monetaporcupine.com/corporate-presentation/


In GOD We Trust -





https://www.kitco.com/images/live/silver.gif?0.8344882022363285









http://www.kitconet.com/images/live/au0001wb.gif


Gold & Silver is the only REAL Legal Tender -

by The Founding Fathers for your -

Rights, Liberty and Freedom -

http://www.biblebelievers.org.au/monie.htm

God Bless America
Ps.
opinion appreciated
TIA

[bigone]

Nice!!!

[bigone]

Interesting.....

[NYBob]

Moneta Continues to Expand Gold Mineralization at Westaway
Intersecting 1.90 M @ 9.73 g/t Gold Including 0.90 M @ 18.90 g/t Gold
Canada Newswire , 8:00 AM EDT May 05, 2020
TORONTO, May 5, 2020 /CNW/ -

Moneta Porcupine Mines Inc. (TSX:ME) (OTC:MPUCF) (XETRA:MOP) ("Moneta" or the "Company") is pleased to announce the results from five (5) additional drill holes testing the extensions of gold mineralization at the new Westaway Target located outside of the updated November 2019 NI 43-101 mineral resource estimate. The drill holes are part of the expanded 2019/2020 winter drill program recently completed on the Company's Golden Highway Project, 110 km east of Timmins, Ontario (Figure 1).


https://ih.advfn.com/stock-market/TSX/ME/stock-news/82378418/moneta-continues-to-expand-gold-mineralization-at

https://web.tmxmoney.com/article.php?newsid=7130961455025664&qm_symbol=ME


https://stockhouse.com/companies/bullboard?symbol=t.me&postid=30986744


Moneta Porcupine Mines Inc. (CNW Group/Moneta Porcupine Mines Inc.)

Highlights:
Drilling has confirmed and extended the gold mineralized veins at the new Westaway Target:

Confirmed new gold mineralization 1.2 kilometres (Km) west of the current South West gold resource in thirteen (13) new veins
Confirmed extensions of new veins 100 metres (m) to the north and south of the discovery drill holes
Extended gold mineralized veins by up to 200 m to depth and 200 m to the west
MGH20-143: Intersected 1.90 m @ 9.73 grams per tonne gold (g/t Au) including 0.90 m @ 18.90 g/t Au from the WA-13 vein, extending the vein 100 m to the south, 150 m to the west and 200 m to depth
MGH20-143: Intersected 4.20 m @ 4.49 g/t Au including 1.00 m @ 7.25 g/t Au from the WA-9 vein and 3.00 m @ 3.72 g/t Au including 1.00 m @ 5.83 g/t Au from the WA-8 vein extending both veins by 100 m to depth and 150 m to the west
MGH20-138: Intersected 8.23 m @ 1.59 g/t Au including 1.00 m @ 5.18 g/t Au from the WA-12 vein, and 1.58 m @ 2.44 g/t Au including 0.37 m @ 7.28 g/t Au from the WA-11 vein extending veins 200 m to depth and 120 m to the west
MGH20-139: Intersected 2.75 m @ 3.42 g/t Au including 1.00 m @ 4.11 g/t Au from the WA-10 vein extending the vein 100 m to the south
"We are pleased to have continued to extend the new Westaway veins at depth to the west, and to the south with our latest drilling", commented CEO & Chief Geologist Gary O'Connor "We have intersected the extensions of the thirteen (13) new gold mineralized veins at Westaway highlighting additional potential at Westaway. The drill program has now successfully extended the gold mineralization over 1.2 km west of the South West deposit towards the 55 deposit. The 2019/2020 winter drill program is continuing to expand the footprint of the new gold veins at Westaway and West Block, as well as test the underground and open pit resource expansion potential at the 55 and Windjammer South deposits. The drill program has been recently completed with the processing and assaying of core continuing following COVID-19 work safety protocols."

The latest assay results are from five (5) drill holes, MGH20-138, MGH20-139, MGH20-141, MGH20-143 and MGH20-144 completed on the 2019/2020 winter drill program for a total of 2,317 m at the Westaway target, located west of the South West Deposit (Table 2). The results from the deeper portions of hole MGH20-143 will be reported once received. The drill holes were testing the southern, northern and depth extensions of the new veins recently discovered at Westaway.

Westaway Drill Results
Drill Hole MGH20-143 was drilled 100 m to the west and 100 m below MGH19-129 (see press release PR-03-2020 dated 16 January 2020: Drilling intersected up 7.95 m @ 3.48 g/t Au including 0.95 m @ 13.80 g/t Au from WA-9 and 0.70 m @ 13.50 g/t Au from WA-10). The drill hole has confirmed western and depth extensions of the WA-7 to WA-12 veins and the new WA-13 vein to date. The hole intercepted up to 1.90 m @ 9.73 g/t Au including 0.90 m @ 18.90 g/t Au from WA-13 and 1.60 m @ 2.76 g/t Au including 0.80 m @ 5.16 g/t Au from WA-12, 4.20 m @ 4.49 g/t Au including 1.00 m @ 7.25 g/t Au from the WA-9 vein and 3.00 m @ 3.72 g/t Au including 1.00 m @ 5.83 g/t Au from the WA-8 vein. The results for the remaining veins are still outstanding and will be released once received.

Drill hole MGH20-139 was drilled 100 m to the south of MGH19-129 (see press release PR-03-2020 dated 16 January 2020: MGH19-129 intersected up to 5.25 m @ 6.30 g/t Au including 0.80 m @ 13.40 g/t Au from WA-7, 7.95 m @ 3.48 g/t Au including 0.95 m @ 13.80 g/t Au from WA-9 and 0.70 m @ 13.50 g/t Au from WA-10). The hole confirmed the southern extensions (100 m) of the WA-5 to WA-10 veins including 1.00 m @ 3.03 g/t Au from a new vein, 4.80 m @ 1.82 g/t Au including 0.90 m @ 3.61 g/t Au from WA-6 and 4.92 m @ 1.77 g/t Au including 1.00 m @ 3.03 g/t Au from the WA-5 vein. The drill hole confirmed that the veins are hosted in the BIF C unit.

Drill holes MGH20-138, MGH20-141 and MGH20-144 were designed to test the extensions of the veins to the west and north along the BIF A contact. The drill holes tested west and at depth below MGH19-131 and MGH19-135 (see press release PR 05-2020 dated 25 February 2020: MGH19-135 intersected up to 2.40 m @ 4.94 g/t Au including 0.80 m @ 7.69 g/t Au from WA-2). MGH20-138 intersected the western extensions of the WA veins 100 m to the west and 100 m to depth from MGH20-131. The hole intersected the WA-8 to WA-12 veins and the new WA-13 vein. Intersections were returned of up to 8.23 m @ 1.59 g/t Au including 1.00 m @ 5.18 g/t Au from WA-12 and 1.58 m @ 2.44 g/t Au including 0.37 m @ 7.28 from WA-11. Au. MGH20-141 was drilled 100 m below and 100 m west of MGH19-135 and intersected the WA-8 to WA-12 veins intersecting up to 2.75 m @ 3.42 g/t Au including 1.00 m @ 4.11 g/t Au from the WA-10 vein. MGH20-144 was drilled 100 m west of and as a 100 m under-cut of MGH20-141. The mineralization along the northern BIF A contact is weaker to the west with veins increasing in width and gold tenor to the south.

Westaway Target
The Westaway Target is located within a similar geological setting as the South West deposit located 1.2 km to the east (Figure 1). Gold mineralization is seen to occur as a series of mineralized vein structures which occur adjacent to the regional Timiskaming age banded iron formation "A" unit ("BIF-A") and dominantly hosted within an overlying coarse grain sandstone. The mineralized quartz-pyrite veins occur as extensional vein structures associated with ankerite-sericite-silica-pyrite alteration haloes. The zones occur as steeply west dipping WNW-ESE oriented mineralized structures as per the main mineralization at South West (Figure 2). Drilling to date has confirmed the veins over a strike length of 350 m, widths averaging over 3.00 m and to depths of 600 m. A total of 13 mineralized veins have been confirmed at Westaway to date.

Table 1: Westaway: Selected Significant Drill Results

https://web.tmxmoney.com/article.php?newsid=7130961455025664&qm_symbol=ME

Intercepts are calculated using a 2.0 g/t Au cut-off unless noted (*), a maximum of 2m internal dilution and
no top cap applied. All intercepts are reported as drill widths and estimated to be 80% to 95% of true width.

https://web.tmxmoney.com/article.php?newsid=7130961455025664&qm_symbol=ME

*Not entire hole is reported



Click here for Figure 1: Westaway Location Map- Golden Highway Project

Click here for Figure 2: Westaway Target: 3D View of Veins (looking north)

QA/QC Procedures
All core drilling conducted by Moneta is oriented. Drill core is cut with half sent to AGAT Laboratories Inc. (AGAT) for drying and crushing to -2 mm, with a 1.00 kg split pulverized to -75 µm (200#). AGAT is an ISO 17025 accredited laboratory. A 50 g charge is Fire Assayed and analyzed using an AAS finish for Gold. Samples above 10.00 g/t Au are analyzed by Fire Assay with a gravimetric finish and selected samples with visible gold or high-grade mineralization are assayed by Metallic Screen Fire Assay on a 1.00 kg sample. Moneta inserts independent certified reference material and blanks with the samples and assays routine pulp repeats and coarse reject sample duplicates, as well as completing routine third-party check assays at Activation Laboratories Ltd. Gary O'Connor, FAusIMM is a qualified person under NI 43-101 and has reviewed and approved the contents of this press release.

About Moneta
The Company holds a 100% interest in 6 core gold projects strategically located along the Destor-Porcupine Fault Zone in the Timmins Gold Camp with over 85 million ounces of past gold production. The projects consist of the Golden Highway, North Tisdale, Nighthawk Lake, DeSantis East, Kayorum and Denton projects. The Golden Highway Project covers 12 kilometres of prospective ground along the DPFZ of which 4 km hosts the current 43-101 mineral resource estimate comprised of an indicated resource of 556,500 ounces gold contained within 3.82 Mt @ 4.53 g/t Au and a total of 1,174,000 ounces gold contained within 8.47 Mt @ 4.31 g/t Au in the inferred category at a 3.00 g/t Au cut-off.

The Company's public documents may be accessed at www.sedar.com. For further information on the Company, please visit our website at www.monetaporcupine.com or email us at [e-mail].

This news release includes certain forward-looking information and forward-looking statements, collectively "forward-looking statements" within the meaning of applicable Canadian securities legislation. Forward-looking statements are frequently identified by such words as "may", "will", "plan", "expect", "anticipate", "estimate", "intend" and similar words referring to future events and results. Forward-looking statements include, but are not limited to information with respect to the future performance of the business, its operations and financial performance and condition such as the Company's drilling program and the timing and results thereof; and the ability of the Company to finance and carry out its anticipated goals and objectives.

Forward-looking statements are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of mineral exploration and development, fluctuating commodity prices, competitive risks and the availability of financing, as described in more detail in our recent securities filings available at www.sedar.com. Actual events or results may differ materially from those projected in the forward looking-statements and we caution against placing undue reliance thereon. We assume no obligation to revise or update these forward-looking statements.

SOURCE Moneta Porcupine Mines Inc.


Cision View original content to download multimedia: http://www.newswire.ca/en/releases/archive/May2020/05/c7053.html

Gary V. O'Connor, CEO and Chief Geologist, 416-357-3319; Ian C. Peres, President and CFO, 416-579-3040; Linda Armstrong, Investor Relations, 647-456-9223Copyright CNW Group 2020




The K2 Principal Fund L.P. Acquires Shares of Moneta Porcupine Mines Inc.
Canada Newswire , 9:07 AM EDT May 04, 2020

Canada NewsWire
TORONTO, May 4, 2020

The K2 Principal Fund L.P. ("K2") announced that on May 1st, 2020
it purchased 98,500 common shares of Moneta Porcupine Mines Inc.
(TSX: ME) of 65 3rd Ave, Timmins, ON, P4N 1C2.
Each share was purchased through the TSX at an average price of
at a price of $ 0.1187 for a total cost of $11,692.12.

Prior to the recent acquisition, K2 held 31,085,000 common shares.
After the acquisition, the partnership holds 31,183,500 common shares
representing approximately 10.01% of the issued and outstanding common
shares of Moneta Porcupine Mines Inc.

K2 acquired the securities for investment purposes only and may,
depending on market and other conditions, increase or decrease its
beneficial ownership, control or direction over, or exercise its
current rights to acquire, common shares or other securities of
Moneta Porcupine Mines Inc through market transactions, private
agreements or otherwise.

SOURCE The K2 Principal Fund L.P.


Cision View original content: http://www.newswire.ca/en/releases/archive/May2020/04/c8268.html

Dan Gosselin, The K2 Principal Fund L.P., [phone]


Moneta Porcupine Mines Inc. ME TSX Exchange 1st mining comp. listed @ TSE & One of the Oldest Gold Mining Producer In Canada -





Moneta Gold Mine The Highest average grade Gold Mine
of the Gold Mine Producers in Timmins Porcupine Gold Fields -

Moneta Gold Mine still virgin because the mill destroyed
early by fire -
the mining were @ shallow level -
the rich ore often start below 1000 meter deep -

The Moneta Gold Mine is located in the NW portion of
Moneta’s Kayorum property and is immediately
adjacent to the east to the Hollinger Gold Mine.

Total production between 1938-1943 was
149,250 oz gold
from 314,829 tons at an average grade of 0.47 oz/t.

The Moneta Gold Mine underground infrastructure includes
a shaft to 1,492 feet with 6 levels of development.

Moneta’s Gold Mine Kayorum property is of particular interest
as the immediately adjacent Hollinger Gold Mine pit project
has been approved with development underway in 2012.

The Hollinger project envisions a 200-250m deep multiple phase
open pit based on a 2010 resource of 3.47Mozs and
782,000 oz in reserves.

Exploration drill programs have also identified several underground
mining opportunities by ramp and existing underground infrastructure
for both the Hollinger (Millerton) and
McIntyre (Central Porphyry Zone) mines -

Hollinger underground workings butt right up the border
of Moneta Gold Mine @ Moneta’s Kayorum property -
is still very large gold mine property -

https://en.wikipedia.org/wiki/Hollinger_Mines

Moneta Announces Closing of Strategic Investment by Eric Sprott -

http://crweworld.com/article/news-provided-by-pr-newswire/1246018/moneta-announces-closing-of-strategic-investment-by-eric-sprott#

Moneta Porcupine Mines Inc holds a 100% interest in 5 core gold projects
and a 50% JV with
Kirkland Lake Gold strategically located on or along
the Destor Porcupine Fault Zone corridor (“Destor”), one of the key
mineralized structures in the Abitibi Greenstone belt in Ontario, with
excellent infrastructure including access roads, water, electricity,
and mills.

Most gold mineralization in the region is associated with the Destor,
including significant resources and producing mines now operated by
Porcupine Gold Mines (Goldcorp) and several others such as
Pan American Silver Corp. (Tahoe Resources), McEwen Mining, and
Kirkland Lake Gold.

The Golden Highway Camp has experienced rapid advancement of gold
resources by Moneta and others including Osisko Mining reflecting the
strong regional gold potential.

Moneta Porcupine Mines Inc. has interests in 1,046 claim units each
approximately 16,800 hectares in area (total area approximately 16,800
hectares) in the form of
mining patents, leases and staked claims.

Most of the Company’s landholdings are not subject to any royalty or
encumbrances other than minor royalties to third parties on a limited
number of claims primarily outside the Golden Highway Project.

The Porcupine Camp and Golden Highway Camp (here collectively referred
to as “Timmins Gold Camp“) is one of the most prolific gold-producing
areas in the world with over 75 million ounces of gold produced to
date, including that from some 26 mines, each of which
generated more than 100,000 ounces.

Moneta’s land position for gold exploration is one of the largest in
the Timmins Gold Camp including a commanding position in the emerging
Golden Highway Camp as well as an established position
in the Porcupine Camp.

The Golden Highway Project is a largely contiguous land package of
689 claim units or approximately 11,000 hectares, and contains a
significant gold NI 43-101 Resource Estimate (Jan 2019)
containing 383,400 oz indicated (2.6Mt @ 4.61 g/t)
plus 873,200 oz inferred (6.5Mt @ 4.21 g/t).



Click to enlarge

Moneta’s recent primary gold exploration and resource development focus
has been the Golden Highway Project centred in Michaud Township
100 km east of Timmins, Ontario along Highway 101,
a major all-season route.

The Golden Highway Project captures 12 kms of the Destor Porcupine Fault
Zone Corridor, one of the most prolific Archean gold-bearing structures
in the world.

The project currently hosts a NI 43-101 resource,
spanning only 4 km of the corridor and found primarily within
sedimentary host rocks along a southern splay of the Destor.
Resource growth potential exists along
the remaining 8 km of largely untested strike length along
the Destor in contact with ultramafic units, where
limited historical drilling has already
confirmed gold mineralization.

The main unconformity which occurs as the mafic volcanic-sediment
contact also remains largely untested.

Moneta also has a 50% stake in the Garrison JV with Kirkland Lake Gold
in the Golden Highway Camp.

Moneta continues to maintain a large land holding in
Porcupine Gold Camp which includes the gold properties of
North Tisdale, Nighthawk Lake, Kayorum, DeSantis and Denton.

Additional properties with strategic value are historical base metal
projects and
include Loveland Nickel (Ni), Kamiskotia (Cu/Zn), and Fripp (Cu).

http://crweworld.com/article/news-provided-by-pr-newswire/1246018/moneta-announces-closing-of-strategic-investment-by-eric-sprott#

In GOD We Trust -






https://www.kitco.com/images/live/silver.gif?0.8344882022363285

http://www.kitconet.com/images/live/au0001wb.gif


Gold & Silver is the only REAL Legal Tender -

by The Founding Fathers for your -

Rights, Liberty and Freedom -

http://www.biblebelievers.org.au/monie.htm

God Bless America
Ps.
opinion appreciated
TIA

[NYBob]

The K2 Principal Fund L.P. Acquires Shares of Moneta Porcupine Mines Inc.
Canada Newswire , 9:07 AM EDT May 04, 2020

Canada NewsWire
TORONTO, May 4, 2020

The K2 Principal Fund L.P. ("K2") announced that on May 1st, 2020
it purchased 98,500 common shares of Moneta Porcupine Mines Inc.
(TSX: ME) of 65 3rd Ave, Timmins, ON, P4N 1C2.
Each share was purchased through the TSX at an average price of
at a price of $ 0.1187 for a total cost of $11,692.12.

Prior to the recent acquisition, K2 held 31,085,000 common shares.
After the acquisition, the partnership holds 31,183,500 common shares
representing approximately 10.01% of the issued and outstanding common
shares of Moneta Porcupine Mines Inc.

K2 acquired the securities for investment purposes only and may,
depending on market and other conditions, increase or decrease its
beneficial ownership, control or direction over, or exercise its
current rights to acquire, common shares or other securities of
Moneta Porcupine Mines Inc through market transactions, private
agreements or otherwise.

SOURCE The K2 Principal Fund L.P.


Cision View original content: http://www.newswire.ca/en/releases/archive/May2020/04/c8268.html

Dan Gosselin, The K2 Principal Fund L.P., [phone]


Moneta Porcupine Mines Inc. ME TSX Exchange 1st mining comp. listed @ TSE & One of the Oldest Gold Mining Producer In Canada -





Moneta Gold Mine The Highest average grade Gold Mine
of the Gold Mine Producers in Timmins Porcupine Gold Fields -

Moneta Gold Mine still virgin because the mill destroyed
early by fire -
the mining were @ shallow level -
the rich ore often start below 1000 meter deep -

The Moneta Gold Mine is located in the NW portion of
Moneta’s Kayorum property and is immediately
adjacent to the east to the Hollinger Gold Mine.

Total production between 1938-1943 was
149,250 oz gold
from 314,829 tons at an average grade of 0.47 oz/t.

The Moneta Gold Mine underground infrastructure includes
a shaft to 1,492 feet with 6 levels of development.

Moneta’s Gold Mine Kayorum property is of particular interest
as the immediately adjacent Hollinger Gold Mine pit project
has been approved with development underway in 2012.

The Hollinger project envisions a 200-250m deep multiple phase
open pit based on a 2010 resource of 3.47Mozs and
782,000 oz in reserves.

Exploration drill programs have also identified several underground
mining opportunities by ramp and existing underground infrastructure
for both the Hollinger (Millerton) and
McIntyre (Central Porphyry Zone) mines -

Hollinger underground workings butt right up the border
of Moneta Gold Mine @ Moneta’s Kayorum property -
is still very large gold mine property -

https://en.wikipedia.org/wiki/Hollinger_Mines

Moneta Announces Closing of Strategic Investment by Eric Sprott -

http://crweworld.com/article/news-provided-by-pr-newswire/1246018/moneta-announces-closing-of-strategic-investment-by-eric-sprott#

Moneta Porcupine Mines Inc holds a 100% interest in 5 core gold projects
and a 50% JV with
Kirkland Lake Gold strategically located on or along
the Destor Porcupine Fault Zone corridor (“Destor”), one of the key
mineralized structures in the Abitibi Greenstone belt in Ontario, with
excellent infrastructure including access roads, water, electricity,
and mills.

Most gold mineralization in the region is associated with the Destor,
including significant resources and producing mines now operated by
Porcupine Gold Mines (Goldcorp) and several others such as
Pan American Silver Corp. (Tahoe Resources), McEwen Mining, and
Kirkland Lake Gold.

The Golden Highway Camp has experienced rapid advancement of gold
resources by Moneta and others including Osisko Mining reflecting the
strong regional gold potential.

Moneta Porcupine Mines Inc. has interests in 1,046 claim units each
approximately 16,800 hectares in area (total area approximately 16,800
hectares) in the form of
mining patents, leases and staked claims.

Most of the Company’s landholdings are not subject to any royalty or
encumbrances other than minor royalties to third parties on a limited
number of claims primarily outside the Golden Highway Project.

The Porcupine Camp and Golden Highway Camp (here collectively referred
to as “Timmins Gold Camp“) is one of the most prolific gold-producing
areas in the world with over 75 million ounces of gold produced to
date, including that from some 26 mines, each of which
generated more than 100,000 ounces.

Moneta’s land position for gold exploration is one of the largest in
the Timmins Gold Camp including a commanding position in the emerging
Golden Highway Camp as well as an established position
in the Porcupine Camp.

The Golden Highway Project is a largely contiguous land package of
689 claim units or approximately 11,000 hectares, and contains a
significant gold NI 43-101 Resource Estimate (Jan 2019)
containing 383,400 oz indicated (2.6Mt @ 4.61 g/t)
plus 873,200 oz inferred (6.5Mt @ 4.21 g/t).



Click to enlarge

Moneta’s recent primary gold exploration and resource development focus
has been the Golden Highway Project centred in Michaud Township
100 km east of Timmins, Ontario along Highway 101,
a major all-season route.

The Golden Highway Project captures 12 kms of the Destor Porcupine Fault
Zone Corridor, one of the most prolific Archean gold-bearing structures
in the world.

The project currently hosts a NI 43-101 resource,
spanning only 4 km of the corridor and found primarily within
sedimentary host rocks along a southern splay of the Destor.
Resource growth potential exists along
the remaining 8 km of largely untested strike length along
the Destor in contact with ultramafic units, where
limited historical drilling has already
confirmed gold mineralization.

The main unconformity which occurs as the mafic volcanic-sediment
contact also remains largely untested.

Moneta also has a 50% stake in the Garrison JV with Kirkland Lake Gold
in the Golden Highway Camp.

Moneta continues to maintain a large land holding in
Porcupine Gold Camp which includes the gold properties of
North Tisdale, Nighthawk Lake, Kayorum, DeSantis and Denton.

Additional properties with strategic value are historical base metal
projects and
include Loveland Nickel (Ni), Kamiskotia (Cu/Zn), and Fripp (Cu).

http://crweworld.com/article/news-provided-by-pr-newswire/1246018/moneta-announces-closing-of-strategic-investment-by-eric-sprott#

In GOD We Trust -






https://www.kitco.com/images/live/silver.gif?0.8344882022363285

http://www.kitconet.com/images/live/au0001wb.gif


Gold & Silver is the only REAL Legal Tender -

by The Founding Fathers for your -

Rights, Liberty and Freedom -

http://www.biblebelievers.org.au/monie.htm

God Bless America
Ps.
opinion appreciated
TIA

[bigone]

NYBob, I really enjoyed reading this. I didn't realize the extent of Moneta Porcupine's holdings. Very impressive.

[NYBob]

Moneta Porcupine Mines Inc. ME TSX Exchange 1st mining comp. listed @ TSE & One of the Oldest Gold Mining Producer In Canada -





Moneta Gold Mine The Highest average grade Gold Mine
of the Gold Mine Producers in Timmins Porcupine Gold Fields -

Moneta Gold Mine still virgin because the mill destroyed
early by fire -
the mining were @ shallow level -
the rich ore often start below 1000 meter deep -

The Moneta Gold Mine is located in the NW portion of
Moneta’s Kayorum property and is immediately
adjacent to the east to the Hollinger Gold Mine.

Total production between 1938-1943 was
149,250 oz gold
from 314,829 tons at an average grade of 0.47 oz/t.

The Moneta Gold Mine underground infrastructure includes
a shaft to 1,492 feet with 6 levels of development.

Moneta’s Gold Mine Kayorum property is of particular interest
as the immediately adjacent Hollinger Gold Mine pit project
has been approved with development underway in 2012.

The Hollinger project envisions a 200-250m deep multiple phase
open pit based on a 2010 resource of 3.47Mozs and
782,000 oz in reserves.

Exploration drill programs have also identified several underground
mining opportunities by ramp and existing underground infrastructure
for both the Hollinger (Millerton) and
McIntyre (Central Porphyry Zone) mines -

Hollinger underground workings butt right up the border
of Moneta Gold Mine @ Moneta’s Kayorum property -
is still very large gold mine property -

https://en.wikipedia.org/wiki/Hollinger_Mines

Moneta Announces Closing of Strategic Investment by Eric Sprott -

http://crweworld.com/article/news-provided-by-pr-newswire/1246018/moneta-announces-closing-of-strategic-investment-by-eric-sprott#

Moneta Porcupine Mines Inc holds a 100% interest in 5 core gold projects
and a 50% JV with
Kirkland Lake Gold strategically located on or along
the Destor Porcupine Fault Zone corridor (“Destor”), one of the key
mineralized structures in the Abitibi Greenstone belt in Ontario, with
excellent infrastructure including access roads, water, electricity,
and mills.

Most gold mineralization in the region is associated with the Destor,
including significant resources and producing mines now operated by
Porcupine Gold Mines (Goldcorp) and several others such as
Pan American Silver Corp. (Tahoe Resources), McEwen Mining, and
Kirkland Lake Gold.

The Golden Highway Camp has experienced rapid advancement of gold
resources by Moneta and others including Osisko Mining reflecting the
strong regional gold potential.

Moneta Porcupine Mines Inc. has interests in 1,046 claim units each
approximately 16,800 hectares in area (total area approximately 16,800
hectares) in the form of
mining patents, leases and staked claims.

Most of the Company’s landholdings are not subject to any royalty or
encumbrances other than minor royalties to third parties on a limited
number of claims primarily outside the Golden Highway Project.

The Porcupine Camp and Golden Highway Camp (here collectively referred
to as “Timmins Gold Camp“) is one of the most prolific gold-producing
areas in the world with over 75 million ounces of gold produced to
date, including that from some 26 mines, each of which
generated more than 100,000 ounces.

Moneta’s land position for gold exploration is one of the largest in
the Timmins Gold Camp including a commanding position in the emerging
Golden Highway Camp as well as an established position
in the Porcupine Camp.

The Golden Highway Project is a largely contiguous land package of
689 claim units or approximately 11,000 hectares, and contains a
significant gold NI 43-101 Resource Estimate (Jan 2019)
containing 383,400 oz indicated (2.6Mt @ 4.61 g/t)
plus 873,200 oz inferred (6.5Mt @ 4.21 g/t).



Click to enlarge

Moneta’s recent primary gold exploration and resource development focus
has been the Golden Highway Project centred in Michaud Township
100 km east of Timmins, Ontario along Highway 101,
a major all-season route.

The Golden Highway Project captures 12 kms of the Destor Porcupine Fault
Zone Corridor, one of the most prolific Archean gold-bearing structures
in the world.

The project currently hosts a NI 43-101 resource,
spanning only 4 km of the corridor and found primarily within
sedimentary host rocks along a southern splay of the Destor.
Resource growth potential exists along
the remaining 8 km of largely untested strike length along
the Destor in contact with ultramafic units, where
limited historical drilling has already
confirmed gold mineralization.

The main unconformity which occurs as the mafic volcanic-sediment
contact also remains largely untested.

Moneta also has a 50% stake in the Garrison JV with Kirkland Lake Gold
in the Golden Highway Camp.

Moneta continues to maintain a large land holding in
Porcupine Gold Camp which includes the gold properties of
North Tisdale, Nighthawk Lake, Kayorum, DeSantis and Denton.

Additional properties with strategic value are historical base metal
projects and
include Loveland Nickel (Ni), Kamiskotia (Cu/Zn), and Fripp (Cu).

http://crweworld.com/article/news-provided-by-pr-newswire/1246018/moneta-announces-closing-of-strategic-investment-by-eric-sprott#

Moneta's CEO, Gary O'Connor highlights the Company's high-grade gold deposit in the prolific gold producing camp at Timmins, Ont.

Moneta is one of only three junior mining companies located in
the district with a large land position, advancing resources to production.

CEO Clip: Gary O'Connor | Moneta Porcupine Mines -
Canada's Most Prolific Gold Mining Camp -

In this video the CEO of Moneta Porcupine Mines,
Gary O'Connor, talks about the company's gold exploration
in the Timmins Gold Camp.
Moneta Porcupine Mines is a gold exploration company that holds
a 100% interest in 6 core gold projects and
a 50% JV with Kirkland Lake Gold strategically located on or
along the Destor Porcupine Fault Zone corridor ("Destor").
Destor is one of the key mineralized structures in
the Abitibi Greenstone belt in Ontario and has excellent infrastructure
including access roads, water, electricity, and mills.
All of the Moneta's properties are in the Timmins Gold Camp.
They're exploring for gold deposits along the Destor Porcupine,
Canada's most prolific gold mining camp.
Moneta Porcupine Mines Inc. (TSX:ME, OTC:MPUCF)

In Conversation: Gary O'Connor @Moneta Porcupine

https://www.monetaporcupine.com/


In GOD We Trust -






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Gold & Silver is the only REAL Legal Tender -

by The Founding Fathers for your -

Rights, Liberty and Freedom -

http://www.biblebelievers.org.au/monie.htm

God Bless America
Ps.
opinion appreciated
TIA

[bigone]

Thank you for the information.

[bigone]

We picked up a few more shares earlier this week.

[NYBob]

Moneta Porcupine Exhibiting at Booth 731, Vancouver Resource Investment Conference, Jan 19-20, 2020
2 days ago from Newsfile
Vancouver, British Columbia--(Newsfile Corp. - January 14, 2020) -


Moneta Porcupine (TSX: ME) would like to cordially invite you to visit
us at Booth #731 at the Vancouver Resource Investment Conference (VRIC)
to be held at the Vancouver Convention Centre West (1055 Canada Place,
Vancouver) on Sunday January 19 – Monday January 20, 2020.

The Vancouver Resource Investment Conference has been the bellwether of the junior mining market for the last twenty-five years. It is the number one source of information for investment trends and ideas, covering all aspects of the natural resource industry.

Each year, the VRIC hosts over 60 keynote speakers, 350 exhibiting companies and 9000 investors.

Investment thought leaders and wealth influencers provide our audiences with valuable insights. C-suite company executives covering every corner of the mineral exploration sector as well as metals, oil & gas, renewable energy, media and financial services companies are available to speak one on one. This is a must-attend for investors and stakeholders in the global mining industry.

For more information and/or to register for the conference please visit: https://cambridgehouse.com/vancouver-resource-investment-conference.

We look forward to seeing you there.

About Moneta

The Company holds a 100% interest in 6 core gold projects strategically located along the Destor-Porcupine Fault Zone in the Timmins Gold Camp with over 85 million ounces of past gold production. The projects consist of the Golden Highway, North Tisdale, Nighthawk Lake, DeSantis East, Kayorum and Denton projects. The Golden Highway Project covers 12 kilometres of prospective ground along the DPFZ of which 4 km hosts the current 43-101 mineral resource estimate comprised of an indicated resource of 556,500 ounces gold contained within 3.82 Mt @ 4.53 g/t Au and a total of 1,174,000 ounces gold contained within 8.47 Mt @ 4.31 g/t Au in the inferred category at a 3.00 g/t Au cut-off.

For further information:

Moneta Porcupine
Gary O'Connor
416-357-3319/705-264-2296
[e-mail]

http://www.monetaporcupine.com


January 14, 2020 - 7:15 AM PST
Metals & Mining | Industrial Metals & Minerals | Moneta Porcupine Mines Inc.
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