EXPLORATION & DEVELOPMENT

Moneta Tower resource grows to 11.7Moz

Moneta Gold has provided an updated mineral resource estimate for its Tower gold project near Timmins in Ontario, Canada totalling 11.7 million ounces, paving the way for an updated preliminary economic assessment (PEA) in June.

Staff reporter
 Moneta Gold's Tower in Ontario, Canada

Moneta Gold's Tower in Ontario, Canada

The consolidated indicated resource now totals 4.27 million ounces and 7.5Moz inferred, which is a 70% increase in total contained inferred ounces with the addition of 3.1Moz, and an 8% increase in indicated...

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