Moneta Gold Inc. is a mineral resource company focused on the exploration and development of gold projects in the prolific Timmins Camp of Ontario, Canada.

Moneta 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.

Moneta Gold announced the positive results of its Preliminary Economic Assessment Study on September 7, 2022. Additional information can be found at the September 7, 2022 Press Release https://www.monetagold.com/news/press-releases/default.aspx

The Tower Gold project captures 17 kms of the Destor, of which the current NI 43-101 resource only spans across 9km. Moneta also has a 50% joint venture with Agnico Eagle Mines (TSX:AEM). Together with the contiguous JV grounds is a large package of mining claims totaling 11,517.6 ha.

Additionally, the Company continues to maintain a large land holding in the Timmins Gold Camp closer to Timmins, which includes the gold properties of North Tisdale, Nighthawk Lake, Kayorum, DeSantis East (Ogden) and Denton. Additional properties with strategic value are historical base metal projects and include Loveland Nickel (Ni), Kamiskotia (Cu/Zn), and Fripp (Cu).

Moneta’s strategy is to continue infill drilling to upgrade mineral resources, conduct expansion drilling, and following its positive Preliminary Economic Assessment study on September 7, 2022, complete a Pre-Feasibility study on the project, which is currently underway and expected to be completed in 2024. The ultimate goal will be to progress the project to gold production stage.