Blue Moon Zinc Announces Commencement of Drilling
Blue Moon Zinc Announces Commencement of Drilling
November 19, 2019 – Blue Moon Zinc Corp. (TSX.V: MOON; OTC: BMOOF) (“Blue Moon”
or the “Company”) is pleased to announce the phase one drilling program has commenced at the
Blue Moon zinc-copper-gold-silver project.
The Company ’s joint venture partner, Platina Resources Limited, is planning a 10,000 metre
diamond core drilling program and will initially drill 2,000 -2,500 metres (phase one) before the
new year and the balance in 2020. The Company and its partner believe there is excellent potential
to expand the size of the existing mineral resource.
Five holes are initially planned for the phase one drilling program with the objective of testing:
• The potential southern plunging of the main mineralised zones which contains the majority
of the existing resource. This includes the down dip extension of Hole BMZ78 and other
high grade historical holes nearby where the Company aims to build a higher-grade core to
the deposit; and
• The upper extension of the main and east mineralised lenses in areas where drilling density
is lower. The east mineralised lense is typically higher-grade in gold and silver.
Once all drill core is assayed and logged, it will be used for preparing an updated mineral resource,
metallurgical test work and a Pre-Feasibility Study.
While Blue Moon has an existing resource of zinc-copper-gold-silver, it has significant exploration
upside within the main identified le nses, and further along strike where coincident geochemical
and geophysical anomalies have highlighted potential targets.
About Blue Moon
Blue Moon (TSX.V: MOON; OTC: BMOOF) is currently advancing its Blue Moon polymetallic
deposit which contains zinc, gold, copper and silver with its joint venture partner . The deposit is
open at depth and along strike. The Blue Moon 43 -101 Mineral Resource includes 7.8 million
inferred tons at 8.07% zinc equivalent, which includes 771 million pounds of 4.95% zinc, 300,000
ounces of gold at 0.04 oz/t, 71 million pounds of 0.46% copper, and 10 million ounces of silver at
1.33 oz/t. The 43-101 was filed on www.sedar.com on November 20, 2018. The Company also
holds 100% of the Yava polymetallic project in Nunavut that is on strike to Glencore’s Hackett
River deposit. More information is available at www.bluemoonmining.com.
Qualified Persons
John McClintock, P. Eng, a Director of the Company, is a qualified person as defined by NI 43 -
101, has reviewed the scientific and technical information that forms the basis for this press 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 this 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 commodities, 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 forward -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 forwar d-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.