Moneta Announces Appointments of VP Technical Services & Geology, VP Projects, and Director of Field Operations
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NEWS RELEASE – 13/2022 Symbol: TSX: ME FOR IMMEDIATE RELEASE
Moneta Announces Appointments of VP Technical Services & Geology, VP
Projects, and Director of Field Operations
Toronto, Ontario – June 28, 2022 - Moneta Gold Inc. (TSX:ME) (OTCQX:MEAUF) (XETRA:MOP)
(“Moneta” or the “Corporation”) is pleased to announce the appointments of key project delivery team
members as it advances the preliminary economic assessment (“PEA”) study for its 100% owned Tower
Gold project (“Project”), located 100 kilometres (“km”) east of Timmins, Ontario . The Project hosts
consolidated mineral resource s of 4.3 million (“M”) ounces (“oz”) indicated gold (“Au”) and 7.5 Moz
inferred Au (see May 11, 2022 press release ), positioning Moneta as one of the top advanced gold
exploration companies in Canada.
Jason Dankowski – Vice President Technical Services & Geology
Mr. Dankowski has over 15 years of experience at major mining companies, focusing on delivery,
integration, optimization, and risk mitigation. Most recently, with Appian Capital Advisory, Mr. Dankowski
steered and supported the exploration, geology, and mine planning initiatives , and led technical and
financial due diligence on potential investment opportunities worldwide. Prior to Appian, Mr. Dankowski
was at Nevada Gold Mines, the Barrick Gold Corporation (“Barrick”) and Newmont Corporation
(“Newmont”) joint venture, as Mineral Resources Manager at the Phoenix Mine, leading the team in ore
control, geological modelling, resource and reserve estimation, mine-to-mill reconciliation, strategic mine
planning, and near-mine exploration. Before this, Mr. Dankowski was Resource Geology and Growth Lead
for De Beers, where he managed the explo ration program , resulting in new discoveries and mine life
extension at the Gahcho Kué Mine.
Mr. Dankowski is a registered Professional Geologist with an Executive MBA from the Smith School of
Business at Queen’s University, a Bachelor of Science (BSc) in Geological Sciences from the University of
Manitoba, and a Post Graduate Diploma in Applied Geostatistics from the University of Alberta.
Mr. Dankowski will be primarily responsible for establishing and implementing the exploration and
technical assessment strategy, and in collaboration with the VP Projects, the mine design and
development strategy. Additional responsibilities include preparing and updating NI 43 -101 technical
reporting, including resource estimates, and mining and development plans.
Gerry Rogers – VP Projects
Mr. Rogers has over 35 years of experience in international mine development, operations, and contract
mining with both underground and surface projects. Mr. Rogers was part of the operating team that built
the Eskay Creek Mine in Northern British Columbia, Cliffs Mine in the goldfields of Western Australia, and
multiple mines in Africa. Moreover, Mr. Rogers has operated over four major mines as the General
Manager with a notable focus on safety , unit cost, technology, and volume deliverables. Most recently,
Mr. Rogers was Underground Operations Manager at Kinross Gold’s Chirano Gold Mines, responsible for
operating four underground gold mines and developing two new gold mines.
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Mr. Rogers holds a BSc Geological Engineering Degree from the University of Manitoba and is presently a
registered Professional Engineer with the Professional Engineers of Ontario.
Mr. Rogers will be primarily responsible for completion of progressive studies , including the PEA, pre -
feasibility study (“PFS”), and bankable feasibility study (“BFS”), to bring the Tower Gold project into
production.
Stephen McGinn – Director of Field Operations
Mr. McGinn has over 30 years of experience in the fi eld of human resources and health & safety
management. Mr. McGinn has worked as VP Human Resources and Health & Safety at Labrador Ir on
Mines, was VP of Operations of Kivalliq Marine Transportation Services and held senior roles with Dumas
Contracting, KLG, and Black and McDonald.
Mr. McGinn holds an Executive Master’s Degree in Human Resources Management (MHRM) from York
University, Bachelor of Arts (BA) (Law & Sociology) from Laurentian University, and a Law and Security
Administration diploma from Cambrian College.
Mr. McGinn will be primarily responsible in the implementation of Moneta’s Human Resources and Health
& Safety programs a nd managing the logistical support of the operations. Mr. McGinn w ill also be
responsible for ensuring compliant implemented programs are to Best Industry Standard Practice.
Gary Connor, Moneta’s CEO commented, “With over 80 years of combined industry experience, we are
very excited to welcome Jason, Gerry, and Stephen to Moneta, further strengthening our project delivery
team, as we continue to de-risk Tower Gold and bring it a step closer towards production. We look forward
to delivering the PEA which we are currently working on.”
About Moneta
Moneta is a Canadian based gold exploration company focussed on advancing its 100% wholly owned Tower Gold
project, which currently hosts a gold mineral resource estimate of 4.3 Moz indicated and 7.5 M oz inferred. The
Corporation’s 2022 drill program is primarily designed to infill and upgrade the resource categories of the mineral
resources. An updated PEA study encompassing the entire Tower Gold project is planned to be completed in H2,
2022. Moneta is committed to creating shareholder value through the strategic allocation of capital and a focus on
the current resource expansion drilling program, while conducting all business activities in an environmentally and
socially responsible manner.
FOR FURTHER INFORMATION, PLEASE CONTACT:
Gary V. O’Connor, CEO
416-357-3319
Linda Armstrong, Investor Relations
647-456-9223
The Company’s public documents may be accessed at www.sedar.com. For further information on the Company, please visit our website at
www.monetagold.com or email us at [email protected].
This news release includes certain forward -looking information and forward -looking statements, collectively “forward -looking
statements” within the meaning of applicable Canadian securities legislation. Forward -looking statements are frequently
identified by such words as “may”, “will”, “plan”, “expect”, “anticipate”, “estimate”, “intend” and similar words referring to future
events and results. Forward-looking statements include but are not limited to information with respect to the future performance
of the business, its operations and financial performance and condition such as the Corporation’s drilling program and the timing
and results thereof and the ti ming of the Corporation’s PEA. Forward -looking statements are subject to inherent risks and
uncertainties including without limitation the impact of COVID -19 related disruptions in relation to the Corporation's business
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operations including upon its employ ees, suppliers, facilities and other stakeholders; uncertainties and risk that have arisen and
may arise in relation to travel, and other financial market and social impacts from COVID -19 and responses to COVID 19 and the
ability of the Corporation to finance and carry out its anticipated goals and objectives. International conflicts and other geopolitical
risks, including war, military action, terrorism, trade and financial sanctions, which have historically led to, and may in t he future
lead to, uncertainty or volatility in global commodity and financial markets and supply chains; the impact of Russia’s invasion of
Ukraine and the widespread international condemnation has had a significant destabilizing effect on world commodity prices,
supply chains, infl ation risk, and global economies more broadly, may adversely affect the Corporation's business, financial
condition, and results of operations.
Forward-looking statements are based on the current opinions and expectations of management. All forward-looking information
is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of mineral
exploration and development, fluctuating commodity prices, competitive risks and the availability of financin g, as described in
more detail in our recent securities filings available at www.sedar.com. Actual events or results may differ materially from those
projected in the forward looking-statements and we caution against placing undue reliance thereon. We assume no obligation to
revise or update these forward-looking statements.