Moneta announces resignation of President and Chief Financial Officer

Ian Peres has resigned as President and Chief Financial Officer of Moneta Porcupine Mines. Peres will remain as a director and will support the transition to the successor Chief Financial Officer.

Mr. Alex Henry, Chairman of the Board said, "On behalf of the board, we thank Ian for his many valuable contributions during his 12-year tenure, and wish Ian the very best in his future endeavours."

Ian C. Peres said, "I am leaving Moneta at a time when I believe it is well positioned with recent corporate advances and gold poised for continued strength. I would like to thank all the shareholders for their support over the years and I am looking forward to the pursuit of another exciting initiative."

The company holds a 100% interest in 6 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, DeSantis East, Kayorum and Denton projects. 

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