Moneta appoints Roger Aubertin of Detour Gold as Vice President Exploration
TIMMINS, ON, Dec. 4, 2012 /CNW/ - Moneta Porcupine Mines Inc. (TSX: ME) (OTC:
MPUCF) (XETRA: MOP) ("Moneta" the "Company") is pleased to announce the
appointment of Mr. Roger Aubertin, P.Eng. to the position of Vice President,
Exploration for the Company. Mr. Aubertin will also serve as a Qualified
Person for the Company as defined under National Instrument 43-101.
Mr. Aubertin most recently held the position of Exploration and Site Project
Manager at Detour Gold Corporation where he played a pivotal role in the
planning and oversight of a 450,000 metre delineation drill program resulting
in proven and probable gold reserves of 14.9 Moz at its Detour Lake gold
deposit in Ontario, currently under construction. He was directly responsible
for the coordination of field activities related to a feasibility study
including geotechnical studies, metallurgical sampling, and EIA (permitting).
Ian C. Peres, President and CEO of Moneta commented, "We are very pleased to
welcome Roger to Moneta's technical team in the role of Vice President,
Exploration. Following the significant updated NI 43-101 gold resource
estimate in October 2012 on our Golden Highway Project and the very favorable
Preliminary Economic Assessment for the project, Roger's appointment is
another key step in transforming Moneta into a mineral development company.
Roger's experience at Detour Gold will add significant technical depth to our
ongoing drill programs to expand our gold resource base and advance the
re-classification of the Company's existing NI 43-101 resources from inferred
to measured and indicated."
Mr. Aubertin is a highly accomplished and well-known professional geological
engineer with over 38 years of in-depth experience in the natural resource
sector. He has an excellent spoken and written command of English, French and
Spanish and has managed, supervised and carried out all field activities
related to the technical aspect of the mineral exploration process. He has
worked as a geologist for several companies and government organizations,
including Falconbridge, Quebec Department of Natural Resources, Noranda, and
Natural Resources Canada.
His extensive exploration and project management experience includes managing
most of Pangea Goldfields' projects inPeru,Maliand Tanzania and later
Pangea Minerals (Barrick Gold Corporation) on the Tulawaka project. Mr.
Aubertin is a member of the Quebec Order of Engineers and graduated with a
B.Sc. in Geology from Ecole Polytechnique in Montreal.
Moneta holds a 100% interest in 5 core gold projects strategically located
along the Destor Porcupine Fault Zone in the world class Timmins Camp with
over 85 million ounces of past gold production. Moneta's land position is
one of the largest after three gold producers including the highly prospective
Golden Highway Project. The Golden Highway Project covers 12 kilometers of a
highly prospective volcanic/sedimentary belt along the Destor Porcupine Fault
Zone and currently hosts a NI 43-101 resource estimate of 1,091,000 ounces
indicated (31.1 Mt at 1.09 g/t Au) plus 3,204,000 ounces inferred (83.3 Mt at
1.20 g/t Au), clustered within four kilometres. The Golden Highway Project
hosts exceptional infrastructure including paved highway access, water,
electricity, skilled labor force, and nearby mills.
Moneta's public documents may be accessed at www.sedar.com. For further
information on Moneta, please visit our website at www.monetaporcupine.com or
email us at email@example.com.
Ian C. Peres, President & CEO 416-579-3040 (Toronto) 705-264-2296 (Timmins)
SOURCE: Moneta Porcupine Mines Inc.
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-0- Dec/04/2012 14:00 GMT
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