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Blue Moon Receives Multi-Year Drill Permit to Further De-Risk its Zinc Project
Jul. 20, 2018 08:18AM PST
Base Metals Investing Blue Moon Zinc has announced it has received all necessary drill permits for its planned exploration and development programs at its advanced Blue Moon Zinc deposit in California.
Blue Moon Zinc (TSXV:MOON) has announced it has received all necessary drill permits for its planned exploration and development programs at its advanced Blue Moon Zinc deposit in California.
The multi-year drill permit provides for the development until June 2022, including extensions, to complete further drilling. The project has a mineral resource estimate of 3.8 million tonnes grading 8.3 percent zinc equivalent for approximately 377 million pounds of zinc in the indicated category.
CEO of Blue Moon Zinc Patrick McGrath said:
“We continue to reach new milestones at the project, as we look to further de-risk the deposit and highlight the robust nature of the high-grade resource. Our technical team has identified new drill targets and potential new zones through the analysis of historical data to further enhance and expand the known resource at the project. We will look to update the market shortly on timing and focus of the Phase One drill program.”
Click here to read the full Blue Moon Zinc (TSXV:MOON) press release.
