PRECIOUS METALS

New Golden Highway PEA out next month, says Moneta Porcupine

Explorer Moneta Porcupine Mines expects to publish a new preliminary economic assessment on its South West deposit, part of the Golden Highway project in the Timmins gold camp of northern Ontario and the most advanced of its six projects in the region, next month, says CEO Gary O’Connor.

 Moneta Porcupine Mines plans to publish a new PEA on the South West deposit at its Golden Highway project in the Timmins gold camp of northern Ontario

Moneta Porcupine Mines plans to publish a new PEA on the South West deposit at its Golden Highway project in the Timmins gold camp of northern Ontario

Since taking the reins at Moneta, O'Connor's focus had been to rethink the interpreted geology and proposed mine plan formulated in a 2012 PEA, which envisioned a big openpit low-grade operation costing...

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