Business
Moneta Continues to Intersect Significant Gold Mineralization at Tower Gold with 46.00 m @ 26.95 g/t Gold including 1.00 m @ 1,228.00 g/t Gold
Toronto, Ontario--(Newsfile Corp. - January 31, 2023) - Moneta Gold Inc. (TSX: ME) (OTCQX: MEAUF...
About this update from Stllr Gold Inc.
[{"type":"text","content":"Moneta Continues to Intersect Significant Gold Mineralization at Tower Gold with 46.00 m @ 26.95 g/t Gold including 1.00 m @ 1,228.00 g/t GoldToronto, Ontario--(Newsfile Corp. - January 31, 2023) - Moneta Gold Inc. (TSX: ME) (OTCQX: MEAUF) (FSE: MOPA) (\"Moneta\") is pleased to announce assay results from thirteen (13) resource infill and step-out drill holes on the Windjammer gold deposit at the Tower Gold project (The \"Project\"), located in the Timmins Gold Camp, Ontario. The drilling was conducted as part of the 76,000 metres (\"m\") of infill and resource upgrade drill program completed in 2022 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). Drilling Highlights:MGH22-321 intersected 46.00 m @ 26.95 grams per tonne \"g/t\" Au, including 7.00 m @ 175.81 g/t Au, including 1.00 m @ 1,228.00 g/t AuMGH22-329 intersected 336.00 m @ 0.58 g/t Au, including 60.00 m @ 1.10 g/t Au, including 4.00 m @ 2.43 g/t AuMGH22-332 intersected 205.50 m @ 0.48 g/t Au, including 34.00 m @ 0.99 g/t Au, including 2.00 m @ 6.64 g/t Au MGH22-330 intersected 425.38 m @ 0.47 g/t Au, including 46.00 m @ 0.80 g/t Au, including 14.00 m @ 1.21 g/t Au, and 31.00 m @ 1.04 g/t Au, including 1.00 m @ 6.15 g/t AuMGH22-329 intersected 185.00 m @ 0.54 g/t Au, including 38.00 m @ 0.90 g/t Au, including 2.00 m @ 4.85 g/t Au MGH22-332 intersected 212.00 m @ 0.48 g/t Au, including 20.00 m @ 0.97 g/t Au, including 2.00 m @ 3.42 g/t AuMGH22-315 intersected 66.15 m @ 0.62 g/t Au, including 14.50 m @1.27 g/t Au, including 1.30 m @ 3.85 g/t AuMGH22-324 intersected 4.50 m @ 2.36 g/t Au, including 1.00 m @ 9.79 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. These results include one of the highest-grade intercepts from the Project highlighting the ability to intersect significant grades over good widths within the economic open pit mineral resources at Windjammer as defined in the recent Preliminary Economic Assessment (\"PEA\"). Extensions of good gold mineralization have also been intersected outside the resource and pit, indicating the potential to continue to grow the mineral resource and to expan...