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zinc investing

Blue Moon Zinc Releases Updated Mineral Resource for Flagship Project

Written by Scott Tibballs
|
Nov. 20, 2018 09:51AM PST

The deposit comprises 7.8 million tons in the inferred mineral resource category grading 8.07 percent zinc equivalent at a 4.0 percent zinc equivalent cut-off grade.

Blue Moon Zinc (TSXV:MOON) has announced a mineral resource update for its Blue Moon zinc deposit in California.

The deposit comprises 7.8 million tons in the inferred mineral resource category grading 8.07 percent zinc equivalent at a 4.0 percent zinc equivalent cut-off grade.

CEO of Blue Moon Patrick McGrath said:

“The mineral resource, which contains an estimated 771 million pounds of zinc, 300,000 ounces of gold, and over 10 million ounces of silver in the inferred mineral resource category at a conservative 4.0 percent zinc equivalent cut-off grade, reinforces our belief that the Blue Moon project is a high quality polymetallic deposit. Our next steps will include further exploration and expansion of the deposit, and continue to pursue additional exploration opportunities to identify potential new massive sulphide zones on the property recently identified through our internal review of the historical work.”

Click here to read the full Blue Moon Zinc (TSXV:MOON) press release.

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