Blue Moon advances namesake California project with PEA
TSX-V-listed Blue Moon Metals has hired Micon International to conduct a preliminary economic assessment (PEA) for its 100% owned namesake project in central California.
The Blue Moon project reportedly hosts the largest known polymetallic volcanogenic massive sulphide deposit within California's Foothills massive sulphide belt, featuring an indicated resource of 3.51-million tonnes at a grade of 11.07% zinc equivalent and an inferred resource of 3.83-million tonnes at 10.71% zinc equivalent.
Zinc and copper have been classified as critical metals by the US Geological Survey.
The PEA, which is set to be completed by the first quarter of 2025, is financed through proceeds from a recent private placement.
Blue Moon CEO Patrick McGrath said in a statement that the PEA was the next key step in advancing the project, which last had a prefeasibility study completed in 1989.
He highlighted the project's potential by drawing parallels to Adriatic Metals Bosnia Vares deposit, which recently went into production on an accelerated basis.
The PEA will not only evaluate the economic viability of the Blue Moon project, but also explore a preliminary ramp design for underground access, replacing the previously considered Westmin shaft concept. This approach aims to lower costs and mitigate risks associated with future resource upgrades.
Further, trade-off studies will investigate the feasibility of extracting byproducts such as barite, gypsum, and pyrite concentrate.
The project is located near local infrastructure, including paved highways, proximity to a hydroelectric power facility, and access to the Oakland port.
Duston Small, who recently managed the feasibility study for Adventus Mining’s Curipamba – El Domo project in Ecuador, will be overseeing the PEA on behalf of Blue Moon Metals.
Comments
Research Reports
Projects
Latest Multimedia
Latest News
Showroom
Immersive Technologies is the world's largest, proven and tested supplier of simulator training solutions to the global resources industry.
VISIT SHOWROOM
South African leader in Steel -Racking, -Shelving, and -Mezzanine flooring. Universal has innovated an approach which encompasses conceptualising,...
VISIT SHOWROOM
Press Office
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation
