Moneta Porcupine Mines Inc. announced the results from the first two (2) drill holes testing the gold mineralization at the new Westaway Target and extensions of the West Block deposit located outside of the updated November 2019 NI 43-101 mineral resource estimate. The drilling is part of the recently expanded 18,000 m 2019/2020 winter drill program currently underway on the Company's Golden Highway Project, 110 km east of Timmins, Ontario. The latest assay results are from the first two (2) drill holes, MGH19-127 and MGH19-129 completed on the 2019/2020 winter drill program for a total of 1,131 m at the Westaway and West Block targets, west of the South West Deposit. The drill holes were testing new veins to the west of the West Block deposit and the occurrence of gold mineralized veins at Westaway located further west. Drill hole MGH19-127 was drilled to test for new veins west of the November 2019 NI 43-101 resource estimate at West Block (South West) and for the occurrence of gold mineralized veins at the new Westaway Target. MGH19-127 was successful in intersecting the southern extensions of the new West Block WB-11 and WB-12 veins with intercepts of up to 3.30 m @ 2.62 g/t Au including 0.50 m @ 8.26 g/t Au from the WB-11 vein. The drill hole also intersected the new WA-1 and WA-2 veins at Westaway with intercepts up to 8.50 M @ 2.44 g/t Au including 2.45 m @ 4.06 g/t Au from WA-2. Drill hole MGH19-129 successfully confirmed seven (7) new Westaway veins (WA-1 to WA-7) and intersected 5 new mineralized veins for a total of 12 veins at Westaway. The 7 new confirmed veins assayed up to 3.37 m @ 2.65 g/t Au including 1.25 m @ 4.88 from the WA-1 vein and up to 2.13 m @ 5.65 g/t Au including 1.41 m @ 8.03 g/t Au and including 0.70 m @ 9.98 g/t Au from the WA-3 vein. The additional 5 new veins, which require additional drilling to confirm continuity, assayed up to 5.25 m @ 6.30 g/t Au including 0.80 m @ 13.40 g/t Au from one new vein, up to 7.95 M @ 3.48 g/t Au including 0.95 m @ 13.80 g/t Au from a second new vein and 0.70 m @ 13.50 g/t Au from a third vein.