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Moneta grows the high-grade 55 Zone at Tower Gold

Moneta Gold announced the final assay results from ten drill holes at the 55 Zone within the Golden Highway area of its Tower Gold project near Timmins in Ontario, Canada, which it said have the potential to expand the resource and fundamentally increase the economics of the open pit.

Staff reporter
Drill core at Moneta Gold's Golden Highway project in Ontario, Canada

Drill core at Moneta Gold's Golden Highway project in Ontario, Canada

Drilling extended the 55 Zone mineralisation to a strike length which is now 800m and a width of 250m with a highlight of 37m grading 1.04 grams per tonne in hole 200 including 4m grading 5.31g/t. "These...

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