Moneta announces appointment to Board of Directors
Moneta announces appointment to Board of Directors
TORONTO, Nov. 10, 2017 /CNW/ - Moneta Porcupine Mines Inc. (TSX:ME) (OTC:MPUCF)
(XETRA:MOP) ("Company") is pleased to announce the appointment of Rodney A. Cooper to the Board
of Directors, subject to regulatory approval.
Rodney A. Cooper, P.Eng., MBA, is a professional engineer who, from 2011 to 2017, was President and
Chief Operating Officer of Labrador Iron Mines Limited where he maintained stakeholder relationships
including several complex agreements with First Nations, multiple rail and port logistic agreements, and
negotiations with the Quebec and Newfoundland provincial regulatory regimes. He was actively involved
in approximately $100 million in equity financings and $30 million streaming deal financing. He was also
instrumental in negotiating a $30 million joint venture with Tata Steel on one deposit.
From 2009 to 2011, Mr. Cooper was Vice President and Senior Mining Analyst at Dundee Securities
where he covered 17 listed companies in the commodity space, of which 7 became the targets of
successful mergers and acquisitions. During his tenure he was actively involved in equity and debt deals
exceeding $5 billion in value.
From 2000 to 2009, Mr. Cooper was Vice President, Technical Services in the corporate office of Kinross
Gold Corporation where he established a team of engineers and geologists responsible for project
evaluation, project development, technical and economic studies and for the integrity of the resource and
reserve base and reporting system. He worked extensively with the operating mines and projects in
Ontario, Alaska, Nevada, Washington, Nunavut, Russia, Zimbabwe, Chile and Brazil. He successfully
implemented a complex geotechnical and mine closure effort for 14 historical mines simultaneously, in
joint venture with the Ontario Ministry of Northern Development and Mines, in and around Timmins,
Ontario. The program was completed under budget and a year ahead of schedule, paving the way for the
formation of the Porcupine Joint Venture with Placer Dome, which effectively consolidated gold assets in
the Timmins Gold Camp. The assets are now owned and successfully operated by Goldcorp.
About Moneta
The Company holds a 100% interest in 5 core gold projects strategically located along the Destor-
Porcupine Fault Zone in the Timmins Gold Camp with over 85 million ounces of past gold production. The
projects consist of the Golden Highway, North Tisdale, Nighthawk Lake, Kayorum and Denton projects.
The Golden Highway Project covers 12 kilometres of prospective ultramafic/mafic volcanic/sedimentary
rocks along the DPFZ hosting a NI 43-101 indicated resource estimate of 1,091,000 ounces (31.1 Mt at
1.09 g/t Au) and 3,204,000 ounces inferred (83.3 Mt at 1.20 g/t Au), clustered within four kilometres.
The Company's public documents may be accessed at www.sedar.com. For further information on the
Company, please visit our website at www.monetaporcupine.com or email us at
SOURCE Moneta Porcupine Mines Inc.
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%SEDAR: 00003301E
For further information: Gary V. O'Connor, Co-CEO, 416-357-3319; Ian C. Peres, President & Co-
CEO, 416-579-3040, [email protected]
CO: Moneta Porcupine Mines Inc.
CNW 12:00e 10-NOV-17