Moneta Gold (ME) - 261,000oz pa Gold Production, NPV$1.07Bn, 31% IRR
Moneta Gold is a mineral resource company focused on the exploration and development of gold projects in the prolific Timmins Camp of Ontario, Canada. Moneta Gold trades on the main board of the Toronto Stock Exchange under the symbol ME, on the United States OTCQX market under the symbol MEAUF, and the Berlin Stock Exchange, the Xetra, and Frankfurt Stock Exchange under the symbol MOP. The Company’s flagship project, the Tower Gold Project, is located 100 km east of Timmins and hosts a total indicated resource of 4.46 Moz contained gold and a total inferred resource of 8.29 Moz contained gold. The project includes a total of 4.34 Moz of open pit indicated resources contained within 149.8 Mt @ 0.90 g/t Au and 6.65 Moz ounces of open pit inferred resources contained within 223.9 Mt @ 0.92 g/t Au, at a cut-off grade of 0.30 g/t Au. The project also includes 122,000 ounces of indicated underground resources contained within 0.8 Mt @ 4.75 g/t Au and 1.64 Moz ounces of inferred underground resources within 11.7 Mt @ 4.35 g/t Au, at a 2.60 g/t Au cut-off grade.
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