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Moneta Gold Inc.

11:29 AM EST - Moneta Gold Inc. : Announced the assay results from 43 resource infill and step-out drill holes on the 903 gold deposit at the Tower Gold project located in the Timmins Gold Camp, Ontario. The latest drilling results are part of the 76,000 metres ("m") of infill and resource upgrade drill program completed in 2022 on the 4.5 million ("M") ounces ("oz") indicated gold ("Au") and 8.3 Moz inferred Au mineral resource estimate. Drilling Highlights: MGA22-097 intersected 24.75 m @ 4.60 grams per tonne "g/t" Au, including 14.85 m @ 5.90 g/t Au, including 1.00 m @ 17.80 g/t Au, and 1.00 m @ 18.00 g/t Au. MGA22-087 intersected 10.05 m @ 6.02 g/t Au, including 6.05 m @ 9.35 g/t Au, including 1.05 m @ 36.20 g/t Au MGA22-087 intersected 20.00 m @ 2.90 g/t Au, including 7.25 m @ 2.32 g/t Au, and 4.65 m @ 8.49 g/t Au, including 2.00 m @ 17.40 g/t Au. Moneta Gold Inc. shares T.ME are trading down $0.01 at $0.38.