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Blue Moon Zinc Corp.

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Summary

Project:

Blue Moon

Deposit:Blue Moon
Location:United States
Commodities:Zinc-Copper-Silver-Gold-Lead
Date:10/4/2017
Report Code:NI43-101
Report Type:Resource Estimation
Project Stage:Pursuing Resource Increase/Upgrade
Report details:4-10-2017: Blue Moon Zinc Corp. announces a Resource Estimation report for its Blue Moon deposit at the Blue Moon project. Updated mineral resource at Blue Moon. The authors were retained by Mr. Patrick McGrath, President and CEO of Blue Moon Zinc Corp. t
Resources:(Resource, Ind.): 3.7Mt @ 5.09% Zn, 0.57% Cu, 1.25oz/t Ag, 0.03oz/t Au, 0.23% Pb at project
CP/QP:[Resources]: Gary Giroux (Independent)
ABSTRACT:The authors were retained by Mr. Patrick McGrath, President and CEO of Blue Moon Zinc Corp. to prepare an independent Technical Report on the Blue Moon deposit in California. The purpose of this report is to update a report prepared by Morris and Giroux in January 2008. This Technical Report conforms to NI 43-101 Standards of Disclosure for Mineral Projects. Lawrence J. O’Connor of Reno, Nevada carried out three separate on-site inspections of the property between June 6 th through the 8th , on July 25th and 26th, and from September 19th through 21st, 2017. While no additional drilling has been completed since the 2008 Resource estimate, author Gary Giroux has updated the resource using current metal prices and new CIM (2014) classification definitions. The Blue Moon property hosts a polymetallic volcanogenic massive sulphide deposit located in central California approximately 22 miles northeast of Merced and 120 miles east, southeast of San Francisco. The Blue Moon deposit hosts an and indicated resource of 3.7 million tons grading 5.09% Zn, 0.57% Cu, 0.23% Pb, 1.25 oz/ton Ag, and 0.03 oz/ton Au, (8.3% Zinc Equivalent (ZnEq)) and inferred resource of 4.1 million tons grading 4.82% Zn, 0.35% Cu, 0.35% Pb, 1.41 oz/ton Ag, and 0.04 oz/ton Au (7.8% ZnEq) within the mineralized zones and using a ZnEq cut-off of 4%. The resource estimate is shown below. See also Section 14, Mineral Resource Estimate for additional detail.

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