Business
MONETA EXPANDS 273 ZONE WITH NEW 26 METRE WIDE INTERSECTION INCLUDING: 7.96 G/T OVER 5.6 METRES AND 5.12 G/T OVER 12.45 METRES
Mar. 29, 2011 (Canada NewsWire Group) -- TIMMINS, ON, March 29 /CNW/ - Moneta Porcupine Mine...
About this update from Stllr Gold Inc.
[{"type":"text","content":"\n\n\n Mar. 29, 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, March 29 /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 wedge MSW10-162G ("162G") is the third significant intersection into the 273 Zone returning 3.45 g/t Au over 26.13 metres, with high grade zones\n displaying strong gold continuity of 7.96 g/t Au over 5.60 metres and\n 5.12 g/t Au over 12.45 metres.  These 162G results indicate a broad,\n previously untested, and well-mineralized corridor in the Southwest Zone East Block and extend the east-westerly strike to 130 metres and\n vertically to over 150 metres.\n\n\nIan C. Peres, President and CEO said, "These results provide further\n evidence of a pervasive gold system in our Golden Highway Project which\n has now seen three large newly discovered zones in close proximity to\n the 624,500* oz @ 5.98 g/t historical resource in under a year.  Moneta\n is now well-funded, following our recent financing, with plans to\n undertake up to 30,000 metres of drilling in 2011."\n\n\nDrill hole 162G has confirmed that the previously untested Southwest Zone East Block contains significant grade over substantial width and\n remains open in all directions for further resource expansion.  The\n recent results are particularly enc...