Moneta Gold (TSX:ME, OTCQX:MEAUF) is a company with two clear goals: to deliver shareholder value in the development of its gold deposits in the prolific Timmins Camp in Ontario, and to follow best practices for all stakeholders by upholding the principles of ESG.

The company’s flagship project is Tower Gold, which is one of the largest undeveloped gold projects in North America. Its location in the Timmins Camp places it in Canada’s most prolific gold producing belt, and it sits on the prime Destor Porcupine Fault Zone (DPFZ). The project consists of the Golden Highway and Garrison properties, the second of which Moneta acquired in early 2021 from O3 mining. Currently, Moneta is working on expanding the resource on both properties before releasing an updated resource estimate, following which they plan to produce a PEA. At the time of the company’s acquisition of Garrison, combined resource estimates and PEAs showed a total of just under 4 million ounces of indicated gold resources and 4.4 million inferred, creating the potential for Moneta to emerge as a major gold developer in Canada. In addition, the current estimates incorporate only 8 km of the company’s 17 km stretch of the DPFZ, leaving an exciting 9 km with untested potential, in addition to fault splays in volcanic rocks where historical drilling has identified gold mineralisation.

Reinforcing their expertise in the Timmins area, Moneta holds a total of four other gold projects and four base metals projects, prospective for nickel, copper and zinc, in the Timmins and Porcupine region. The additional gold properties provide opportunities for the company to consolidate its status as a significant gold developer in the region, while the base metals properties serve as strategic investments for a future where adoption of battery and green technologies metals is likely to increase demand for those resources.