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Moneta Continues to Intersect Significant Gold Mineralization at Tower Gold
Toronto, Ontario--(Newsfile Corp. - December 15, 2022) - Moneta Gold Inc. (TSX: ME) (OTCQX: MEAU...
About this update from Stllr Gold Inc.
[{"type":"text","content":"Moneta Continues to Intersect Significant Gold Mineralization at Tower GoldToronto, Ontario--(Newsfile Corp. - December 15, 2022) - Moneta Gold Inc. (TSX: ME) (OTCQX: MEAUF) (XETRA: MOP) (\"Moneta\") is pleased to announce assay results from seven (7) resource infill and step-out drill holes on the Windjammer Central gold deposit at the Tower Gold project, located 100 kilometres (\"km\") east of Timmins, Ontario. The drilling was conducted as part of the current expanded 160,000 metres (\"m\") infill and resource upgrade drill program on the 4.5 million (\"M\") ounces (\"oz\") indicated gold (\"Au\") and 8.3 Moz inferred Au mineral resource estimate (see September 07, 2022 press release) at the Tower Gold project. Drilling Highlights:MGH22-328 intersected 278.00 metres \"m\" @ 0.43 grams per tonne \"g/t\" Au, including 100.00 m @ 0.68 g/t Au, and 35.10 m @ 0.72 g/t Au, and 15.00 m @ 1.18 g/t AuMGH22-325 intersected 464.55 m @ 0.30 g/t Au, and 5.35 m @ 1.23 g/t Au, and 30.50 m @ 0.51 g/t Au, and 24.50 m @ 0.63 g/t AuMGH22-326 intersected 103.50 m @ 0.49 g/t Au, including 43.70 m @ 0.84 g/t Au, including 24.50 m @ 1.00 g/t Au, including 0.95 m @ 5.71 g/t Au, and 1.50 m @ 5.40 g/t AuMGH22-314 intersected 220.00 m @ 0.34 g/t Au, including 35.00 m @ 0.62 g/t Au, including 11.00 m @ 0.99 g/t Au, including 1.00 m @ 3.49 g/t AuMGH22-306 intersected 150.00 m @ 0.40 g/t Au, including 16.00 m @ 0.96 g/t Au, including 7.00 m @ 1.48, including 1.00 m @ 4.21 g/t AuMGH22-326 intersected 209.00 m @ 0.32 g/t Au, including 11.80 m @ 0.93 g/t Au, including 1.00 m @ 5.79 g/t AuGary O'Connor, Moneta's President and Chief Executive Officer commented, \"These Windjammer infill assay drill results continue to confirm the continuity and extensions of the current mineral resource estimate, updated in September. These results support significant gold grades across wide widths of continuous gold mineralization within the economic open pit mineral resources at Windjammer Central as defined in the recent Preliminary Economic Assessment (\"PEA\"). Extensions of good gold mineralization have also been intersected outside the resource and pit, highlighting the potential to continue to grow the mineral resource and to expand the current mine life of the project. As we continue to de-risk and advance the Tower Gold project, we look forward to completing the curre...