CANADIAN explorer Moneta Porcupine Mines has announced preliminary results from a drilling program at the Windjammer South project near Timmins, Ontario.
The best result from the 2008 drilling program was 27m at 3.41 grams per tonne gold from 125m.
Other promising results included 10.5m at 3.51gpt gold from 73m and 18.6m at 2.19gpt gold from 297m.
Shares in Moneta were 25% down to C4.5c on the Toronto Stock Exchange.
Copyright ©1998-2010 China Mining Industry Co., Ltd. Mining Resource of China All rights reserved
Attorney: Johnson Li Areas of Specialisation: Mergers and Acquisitions, International
Business Transactions and Intellectual Property; Email: lzgjohnson@163.com
Email This Story
Letter To Editor
Print Story