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Moneta Porcupine PEA outlines mid-sized South West project

Moneta Porcupine Mines has released a preliminary economic assessment on the South West deposit at its Golden highway project near Timmins in Ontario, Canada, outlining a mid-sized gold operation that appears to be a good fit with several producers, according to observers.

Henry Lazenby
Moneta Porcupine has released a PEA on the South West deposit at Golden Highway, Ontario

Moneta Porcupine has released a PEA on the South West deposit at Golden Highway, Ontario

Based on a standalone, owner-operated underground mine and mill with an 11-year mine life, Moneta expects South West can produce 75,700oz per annum at an average cash cost of US$590/oz and AISC of $747/oz....

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