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Moneta Gold Intersects 24.75 m @ 4.60 g/t Gold from Infill Drilling at Tower Gold and Provides Corporate Update
Toronto, Ontario--(Newsfile Corp. - March 2, 2023) - Moneta Gold Inc. (TSX: ME) (OTCQX: MEAUF) (...
About this update from Stllr Gold Inc.
[{"type":"text","content":"Moneta Gold Intersects 24.75 m @ 4.60 g/t Gold from Infill Drilling at Tower Gold and Provides Corporate UpdateToronto, Ontario--(Newsfile Corp. - March 2, 2023) - Moneta Gold Inc. (TSX: ME) (OTCQX: MEAUF) (FSE: MOPA) (\"Moneta\" or the \"Company\") is pleased to announce the assay results from forty-three (43) resource infill and step-out drill holes on the 903 gold deposit at the Tower Gold project (the \"Project\"), located in the Timmins Gold Camp, Ontario. The latest drilling results are 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). Moneta is also pleased to announce the appointment of a key member to its management team with Mr. Dennis Wilson joining as Vice President (\"VP\") of Sustainability.Drilling Highlights:MGA22-097 intersected 24.75 m @ 4.60 grams per tonne \"g/t\" Au, including 14.85 m @ 5.90 g/t Au, including 1.00 m @ 17.80 g/t Au, and 1.00 m @ 18.00 g/t AuMGA22-087 intersected 10.05 m @ 6.02 g/t Au, including 6.05 m @ 9.35 g/t Au, including 1.05 m @ 36.20 g/t AuMGA22-087 intersected 20.00 m @ 2.90 g/t Au, including 7.25 m @ 2.32 g/t Au, and 4.65 m @ 8.49 g/t Au, including 2.00 m @ 17.40 g/t AuMGA22-088 intersected 47.00 m @ 1.18 g/t Au, including 35.00 m @ 1.43 g/t Au, including 3.23 m @ 5.70 g/t Au, including 1.23 m @ 10.70 g/t AuMGA22-076 intersected 26.25 m @ 1.84 g/t Au, including 15.00 m @ 2.64 g/t Au, including 2.25 m @ 6.78 g/t AuMGA22-074 intersected 20.96 m @ 1.48 g/t Au, including 7.42 m @ 2.17 g/t AuMGA22-076 intersected 11.00 m @ 2.60 g/t Au, including 2.00 m @ 12.70 g/t Au, including 1.00 m @ 17.57 g/t AuMGA22-047 intersected 11.00 m @ 2.14 g/t Au, including 3.40 m @ 4.35 g/t Au, including 1.00 m @ 7.98 g/t AuNote: Drill intercepts above 10 \"g/t Au x m\" are reported as significant intercepts. All intercepts are calculated using a 0.30 g/t Au cut-off, a maximum of 5m internal dilution and no top cap applied. Drill intercepts are not true widths, are reported as drill widths, and are estimated to be 75% to 95% of true width.Gary O'Connor, Moneta's President and Chief Executive Officer commented, \"We are very pleased to announce additional infill and step-out assay drill results from 903, which...