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Moneta completes geological modelling of deposits on the Golden Highway Project and commences resource update

Moneta completes geological modelling of deposits on the Golden Highway Project and commen...

articleStllr Gold Inc.November 29, 20184/company/stllr-gold-inc/news/moneta-completes-geological-modelling-of-deposits-on-the-golden-highway-project-and-commences-resource-update
Moneta completes geological modelling of deposits on the Golden Highway Project and commences resource update

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[{"type":"text","content":"\n\n\n\nMoneta completes geological modelling of deposits on the Golden Highway Project and commences resource update\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prngen2{\nBORDER-TOP:#000000 1pt solid; BORDER-RIGHT:#000000 1pt solid; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:#000000 1pt solid; TEXT-ALIGN: CENTER; PADDING-LEFT:0.50em; BORDER-LEFT:#000000 1pt solid; PADDING-RIGHT:0.50em\n}\n.prntbls{\nBORDER-TOP: black 1px solid; BORDER-RIGHT: black 1px solid; BORDER-COLLAPSE: collapse; BORDER-BOTTOM: black 1px solid; BORDER-LEFT: black 1px solid\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n\n\n\n\n\n\n\nCanada NewsWire\nTORONTO, Nov. 29, 2018\n\n\n\nSymbol: TSX: ME                                \n TORONTO, Nov. 29, 2018 /CNW/ - Moneta Porcupine Mines Inc. (TSX:ME) (OTC:MPUCF) (XETRA:MOP) (\"Moneta\" or the \"Company\") is pleased to announce that it has now completed the new geological interpretation model of high grade structures on the Golden Highway Project, expanding the number and size of mineralized structures identified. The new geological model will form the basis of the new updated resource estimate due to be completed in early 2019 on the Company's Golden Highway Project, located 110 km east of Timmins, Ontario (see Figure 1).\n\n \n \n\n \nHighlights:\nMoneta has increased the number of modelled vein structures to fifty-eight (58) on six (6) deposit areas to be used for the resource update; The new resource estimate update on the Golden Highway Project has commenced and is due to be completed in early 2019; Four (4) of the deposit areas containing 44 mineralized structures are associated with the regional Banded Iron Formation and hosted in Timiskaming sediments; Two (2) of the deposit areas containing 14 structures are hosted in mafic/ultramafic units located along the Destor Porcupine Fault Zone; Sampling of previously unsampled historical core has been completed.Gary O'Connor, CEO & Chief Geologist commented, \"The...

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