The Golden Highway Project is Moneta's key asset and includes the Michaud Joint Venture on the western end. The joint venture was formed in December 2004 between Moneta and Acrex Ventures Ltd., a Vancouver-based exploration company, after Acrex completed $1 million in exploration expenditures to earn a 50% interest in the property. Moneta acts as the operator. The Michaud Joint Venture has produced several new discoveries (“55” and Western Zones). Moneta will shortly be announcing assay results from the recent winter 2007/2008 exploration program in which eight drill holes were completed on the 55 Zone.
