Page 523 - NEWGEN21-Proceedings-Full

TSX: ME | OTC: MEAUF | Xetra: MOP

Magnetic surveying: Ground magnetics surveys

Tower gold project

• Little outcrop

• Cut-grids; N-S and NNW-SSE
• 100 m to 200 m line spacing

• Variable reading spacing
• Not able to soil sample due to depth of
overburden

• Conducted ground magnetic surveys along grids
• Was effective at locating Banded Iron Formation
units (BIF)
• Located major structures and major rock units

• Majority of mineralization is hosted in clastic
sediments adjacent to BIF
• No magnetic destruction of BIF due to alteration
associated with mineralization

monetagold.com 13