Moneta Porcupine: Projects in Prolific Gold Producing Area
Projects on the most prolific gold producing belt in Canada
Moneta Porcupine Mines is a gold exploration company. They hold a 100% interest in 6 core gold projects. They also have a 50% JV with Kirkland Lake Gold strategically located on or along the Destor Porcupine Fault Zone corridor (“Destor”). This is one of the key mineralized structures in the Abitibi Greenstone belt in Ontario. Further, it boasts excellent infrastructure including access roads, water, electricity, and mills.
Moreover, most gold mineralization in the region is associated with the Destor. This includes significant resources and producing mines now operated by Porcupine Gold Mines (Newmont-Goldcorp) and several others. The Golden Highway Camp has experienced rapid advancement of gold resources by Moneta and others including Osisko Mining reflecting the strong regional gold potential.
The Porcupine Camp and Golden Highway Camp is the most prolific gold producing belt in Canada. It is also one of the most prolific gold‐producing areas in the world with over 85 million ounces of gold produced to date. This includes that from some 26 mines, each of which generated more than 100,000 ounces.
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