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Moneta Continues to Extend the Westaway Gold Deposit with up to 4.00 M @ 10.56 g/t Gold and 4.95 M @ 7.05 g/t Gold on the Tower Gold Project Resource Expansion Drilling
Toronto, Ontario--(Newsfile Corp. - October 28, 2021) - Moneta Gold Inc. (TSX: ME) (OTCQX: ME...
About this update from Stllr Gold Inc.
[{"type":"text","content":"Moneta Continues to Extend the Westaway Gold Deposit with up to 4.00 M @ 10.56 g/t Gold and 4.95 M @ 7.05 g/t Gold on the Tower Gold Project Resource Expansion DrillingToronto, Ontario--(Newsfile Corp. - October 28, 2021) - Moneta Gold Inc. (TSX: ME) (OTCQX: MEAUF) (XETRA: MOP) (\"Moneta\") is pleased to announce results from one (1) new drill hole, MGH21-222, and additional results from three (3) holes, MGH21-208, MGH21-209 and MGH21-213, drilled to test the resource expansion potential of the Westaway underground gold resources within the Golden Highway area of the Tower Gold project. The drilling is part of the 2020/2021 drill program designed to test extensions of the current mineral resource estimate of 4.0M ounces indicated gold and 4.4M ounces inferred gold (see February 24, 2021 press release) on the Tower Gold project, located 100 kms east of Timmins, Ontario. Additional holes and assays from this drill program remain pending.Drilling successfully intersected gold mineralization at depth and extended the mineralized zone to the south and west. Hole MGH21-213 returned higher-grade intersections in quartz veining and extended the mineralization by 100 metres ('m\") to the west towards the 55 Deposit. Highlights from the drilling include:MGH21-208 intersected 25.35 m @ 2.82 grams per tonne \"g/t\" gold \"Au\" from 642.00 m to 667.35 m, including 9.60 m @ 3.41 g/t Au, including 2.00 m @ 7.22 g/t Au, and 7.75 m @ 4.60 g/t Au including 1.30 m @ 6.84 g/t AuMGH21-208 intersected 4.95 m @ 7.05 g/t Au from 724.60 m to 729.55 m, including 1.85 m @ 14.74 g/t Au, including 1.00 m @ 18.00 g/t AuMGH21-209 intersected 15.75 m @ 1.94 g/t Au from 436.90 m to 452.65 m, including 3.35 @ 4.77 g/t Au, and 1.25 m @ 6.23 g/t AuMGH21-213 intersected 19.60 m @ 2.14 g/t Au, from 717.00 m to 736.60 m, including 10.00 m @ 3.13 g/t Au, including 0.60 m @ 8.09 g/t Au and 0.50 m @ 8.63 g/t AuMGH21-213 intersected 13.90 m @ 2.30 g/t Au from 762.35 m to 776.25 m, including 4.65 m @ 4.68 g/t Au and including 1.65 m @ 6.76 g/t AuMGH21-222 intersected 4.00 m @ 6.12 g/t Au from 312.00 m to 316.00 m, including 1.00 m @ 8.22 g/t Au MGH21-222 intersected 8.00 m @ 3.89 g/t Au from 328.00 m to 336.00 m, including 6.00 m @ 4.53 g/t Au and including 1.00 m @ 7.83 g/t AuMGH21-222 intersected 26.00 m @ 3.35 g/t Au, from 771.00 m to 797.00 m, including 4.00 m @ 10.56...