Blue MOON Targets New Discoveries as Drilling Commences at Zinc-Rich VMS Deposit
BLUE MOON TARGETS NEW DISCOVERIES
AS DRILLING COMMENCES AT ZINC-RICH VMS DEPOSIT
August 29, 2018 – Blue Moon Zinc Corp. (TSXV: MOON; US: BMOOF) (the “Company”)
is pleased to announce that a Phase 1 drill program has just commenced at the Company’s 100%-
owned Blue Moon zinc -rich Volcanic Massive Sulphide (“ VMS”) deposit in Mariposa County,
California. This is the first drilling at this project in more than 25 years with new interpretations
of the system providing strong potential for fresh discoveries to significantly expand the known
zinc-copper-silver-gold resource.
Patrick McGrath, Blue Moon CEO, commented: “It’s an exciting new time for Blue Moon
shareholders as we pu t our extensive review of historical data to work to identify potential new
zinc-rich massive sulphide zones that could dramat ically change the scale and dynamics of this
project.”
Initial drilling (approximately 4,000 feet or 1,200 meters) will target northern and southern
extensions of the upper Main and West lenses between a depth of 500 and 1,000 feet from surface.
Blue Moon geologists also recently performed a comprehensive review of historical data and
identified multiple additional priority targets that could represent potential new high-grade zones
and/or expansion of current zones, including but not limited to:
• 600 feet of favourable untested stratigraphy immediately north of the East Zone;
• Down plunge extensions of the Main and West zones;
• Drill holes on the south flank of the West zone horizon cut stringer mineralization
suggesting it is a feeder zone and points to a massive sulphide target to the south of the
West zone. Further evidence for massive sulphides in this area comes from an untested off-
hole electromagnetic (EM) conductor identified by previous operator Westmin;
• A 2,400-foot gap between mineralization in holes B-67, B-70 and B-66 is largely untested
and warrants multiple exploration holes with the potential of discovering additional
massive sulphide zones;
• A 1,500-foot-long zinc-in-soil anomaly with values ranging from 390 to 2,500 parts per
metre (“ppm”) has only been tested by four shallow holes and warrants further exploration
drilling to test for massive sulphide mineralization underlying the soil anomaly.
Meanwhile, a review of drilling logs of the historical ho les used in the N I-43-101 resource
calculation revealed numerous intervals of massive and semi -massive sulphides that were not
analysed. The Company will systematically sample and assay these intervals as part of the current
drilling program.
Please visit our website (www.bluemoonmining.com) for additional information and to review our
new corporate video.
About Blue Moon
The Company is currently advancing its 100%-owned Blue Moon zinc deposit which also contains
significant credits of copper, silver and gold. The deposit, which is open at depth and along strike,
yields historical metallurgical testing that indicates excellent mineral recovery and a clean zinc
concentrate. A NI -43-101 technical report detailing the geological resource and summarizing
metallurgical recoveries is available on the company’s website (www.bluemoonmining.com), and
filed on SEDAR on November 13, 2017. The Company plans to advance the Blue Moon P roject
through to feasibility, permitting and ultimately production.
Qualified Persons
Jack McClintock, P. Eng, a Director of the Company, is a qu alified person as defined by NI -43-
101, and has reviewed the scientific and technical information that forms the basis for this news
release.
For more information please contact:
Patrick McGrath, CEO
1-832-499-6009
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the
TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of thi s release. Resource estimates
included in this news release are forward -looking statements. Although the Company believes the expectations
expressed in such forward-looking statements are based on reasonable assumptions set forth in the relevant technical
report and otherwise, such statements are not guarantees of future performance and actual results or developments
may differ materially from those in the forward -looking statements. Factors that could cause actual results to differ
materially from those in forward-looking statements include market prices for zinc, the results of future exploration,
uncertainties related to the ability to obtain necessary permits, licenses and titles, changes in government policies
regarding mining, continued availability of capital and financing, and general economic, market or business
conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual
results or developments may differ materially from those projected in the forw ard-looking statements. Readers are
cautioned not to place undue reliance on this forward-looking information, which is given as of the date it is expressed
in this press release, and the Company undertakes no obligation to update publicly or revise any fo rward-looking
information, whether as a result of new information, future events or otherwise, except as required by applicable
securities laws.
The securities referenced in this news release have not and will not be registered under the U.S. Securities Act of 1933
and may not be offered or sold in the United States absent registration or an applicable exemption from registration
requirements.