Business
MONETA DRILLS 1.06 G/T OVER 117.7 METRES INCLUDING 5.15 G/T OVER 14.3 METRES
Jun. 16, 2011 (Canada NewsWire Group) -- TIMMINS, ON, June 16, 2011 /CNW/ - Moneta Porcupine...

About this update from Stllr Gold Inc.
[{"type":"text","content":"\n\n\n Jun. 16, 2011 (Canada NewsWire Group) -- \n\n#ReleaseContent TABLE\n{\n BORDER-COLLAPSE: collapse\n}\nTR.cnwUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTR.cnwDoubleUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTR.cnwBoldUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px solid\n}\nTD.cnwUnderlinedCell\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTD.cnwDoubleUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTD.cnwBoldUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px solid\n}\n#ReleaseContent TABLE.cnwBorderedTable TD\n{\n BORDER-RIGHT: black 1px solid;\n PADDING-RIGHT: 2px;\n BORDER-TOP: black 1px solid;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n BORDER-LEFT: black 1px solid;\n PADDING-TOP: 2px;\n BORDER-BOTTOM: black 1px solid;\n BORDER-COLLAPSE: collapse\n}\n#ReleaseContent TABLE TD\n{\n PADDING-RIGHT: 2px;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n PADDING-TOP: 2px\n}\n\n\nTIMMINS, ON, June 16, 2011 /CNW/ - Moneta Porcupine Mines Inc. (TSX: ME / OTC: MPUCF / XETRA: MOP)\n ("Moneta") announces results from its ongoing 2011 exploration drill program in the\n 100% owned Golden Highway Project, 100km east of Timmins, Ontario.\n\n\nDrill hole MSW11-283 ("283") intersected 5.15 g/t Au over 14.3 metres within a broader gold\n alteration zone grading 1.06 g/t Au over 117.7 metres.  Follow-up\n drilling is underway to expand the mineralization which is open in all\n directions within this very large and expanding gold system.\n\n\nIan C. Peres, President and CEO, commented "The 283 results, with the\n high grade and a consistent gold tenor, indicate new gold zone\n potential in an area that has seen very limited drilling.  This is the\n first of several high priority areas to be drill tested in the 2011\n drill program.  With several near-surface, drill-ready target areas and\n all three drills now dedicated to the Golden Highway Project, there is\n excellent potential for additional discoveries and an expansion of\n existing gold resources."\n\n\nDrill hole 283 is located in the Gap Area, a largely untested area 800\n metres directly along strike of the iron formation between the\n Southwest Zone and Windjammer South gold zones.  Drilling targeted\n recently interpreted north to northwesterly structures which cross the\n east-westerly trendin...