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Project: | Blue Moon | |
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Deposit: | Blue Moon | |
Location: | United States | |
Commodities: | Zinc-Copper-Silver-Gold-Lead | |
Date: | 1/28/2019 | |
Report Code: | NI43-101 | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Pursuing Resource Increase/Upgrade | |
Report details: | 28-1-2019: Blue Moon Zinc Corp. announces an Exploration/Drilling Update report for its Blue Moon deposit at the Blue Moon project. Drilling results incl. 36.78m @ 9.45% Zn, 1.1g/t Au, 42.93g/t Ag, 0.15% Pb, 0.58% Cu from 434.34m. January 18, 2019 – Blue | |
Resources: | (Resource, Inf.): 7.790Mt @ 4.95% Zn, 0.46% Cu, 1.33oz/t Ag, 0.04oz.t Au, 0.29% Pb | |
CP/QP: | [Overall Report]: Peter Herrera (Internal) | |
ABSTRACT: | January 18, 2019 – Blue Moon Zinc Corp. (TSXV: MOON; OTC: BMOOF) (“Blue Moon” or the “Company”) is pleased to announce the discovery of high-grade zinc-copper-rich massive sulphides with precious metal values at its 100%-owned Blue Moon VMS deposit in Mariposa County, California. Given the significance of the results, the first drilling at Blue Moon in nearly 30 years, a Phase 2 follow-up drill program is planned to commence shortly in an attempt to expand the highest-grade zone ever encountered at the deposit. The Blue Moon NI-43-101 Inferred mineral resource announced on November 20, 2018, had a zinc equivalent (“ZnEq”) of 8.07% at a ZnEq cut-off grade of 4.0%. Patrick McGrath, Blue Moon CEO, commented: “Drill hole BMZ-78 is a major breakthrough at this zincrich VMS deposit, supporting the continuity of the system while also demonstrating the presence of a very high-grade zinc core with impressive copper and precious metal content. Gold values of 4.98 g/t and 5.00 g/t, respectively, over five feet and silver values of 130 g/t over three feet are present within the massive sulphides.” “Our crews are eagerly preparing for the next round of drilling to further build on the grade and the footprint of this deposit,” McGrath continued. “Meanwhile, we look forward to carrying out studies in 2019 to verify the clean metallurgical profile of the Blue Moon mineralization as reported through historical work documented in our NI-43-101 filed on SEDAR on November 20, 2018.” | |
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