Timmins gold digger discovers new gold system.

• Position: AROUND THE NORTH - Brief article

Moneta Porcupine Mines reports finding high grade gold in a growing system east of Timmins.

The company has exploration drilling underway on its wholly-owned Golden Highway Project, 100 kilometres east of Timmins.

One drill hole yielded an intersection of 5.15 grams per tonne gold (g/t) over 14.3 metres within a broader gold alteration zone grading 1.06 g/t over 117.7 metres.

The company is pursuing follow-up drilling to expand the mineralization which is open in all directions in an expanding gold system.

In a June 16 press release, company president Ian Peres reported the high grade and "consistent gold tenor" indicate a new zone in an area with...