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Blue Moon to undertake PEA at namesake zinc project

Blue Moon Zinc Corp. said Oct. 10 that it has hired an engineering firm to undertake a preliminary economic assessment of its Blue Moon zinc project in California.

Mine Development Associates Inc. is expected to complete the assessment in the first quarter of 2018.

The Blue Moon deposit hosts indicated resources of 3.7 million short tons grading 5.09% zinc, 0.57% copper, 1.25 ounces per ton of silver, 0.03 ounces per ton of gold, and 0.23% lead, for 377 million pounds of zinc, 42 million pounds of copper, 17 million pounds of lead, 4.6 million ounces of silver and 100,000 ounces of gold.