- 100 percent ownership in high-grade NI 43-101 polymetallic resource located in California
- Guided by experienced management team with knowledge of permitting
- Low-risk execution and near-term key value drivers
Mineral exploration company Blue Moon Zinc Corp. (TSX.V: MOON) (OTC: BMOOF) is focused on the development of its advanced-stage, 100-percent-owned Blue Moon zinc project, which is located in Mariposa County, California, among active mines and exploration projects in an area that was once part of California’s historic gold rush. It’s not gold Blue Moon seeks but zinc, and the company has 525 acres of mineral rights assigned to both patented and unpatented claims in the Foothills Massive Sulphide Belt of the Sierra Nevada Mountains.
Blue Moon’s property has a lengthy exploration history and was the scene of small-scale mining during World War II. The company’s current project will be mined by underground methods and contains an estimated 3.7 million tons with a grade of 8.33 percent zinc equivalent, adding up to around 377 million pounds of zinc in the indicated category and an additional 4.09 million tons with a grade of 7.84 percent zinc equivalence for approximately 395 pounds of zinc in the inferred category. There are also indications of significant by-products of silver, gold, and copper. The deposit is open at depth and along strike with favorable metallurgy. Previous metallurgical testing indicates up to 95 percent zinc recovery with standard flotation.
The project was a producer in the past, and Blue Moon intends to advance the project to feasibility, permitting, and eventual production. Likelihood is high that the deposit continues at depth, as the resource’s deepest holes end in mineralization.
Significant zinc grades were intersected by several historical exploration holes that were drilled below the resource, and there is also blue sky potential along the strike to locate another deposit similar to Blue Moon, as polymetallic massive sulphide deposits are frequently found in clusters or pods. IP and soil anomalies along the strike indicate the likelihood that further polymetallic deposits exist within Blue Moon’s mineral rights.
For more information, visit the company’s website at www.BlueMoonMining.com
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