Blue Moon Metals Inc Stock Price, News & Analysis

Blue Moon Metals Inc. (OTCQB: BMOOF) announced an agreement with Think Ink Marketing to enhance public awareness of its Blue Moon project. The contract is month-to-month, with a budget of up to $10,000 monthly for marketing services like online ads. The Blue Moon polymetallic deposit, containing zinc, gold, silver, and copper, has an inferred resource of 7.8 million tons at 8.07% zinc equivalent. Located close to key infrastructures, the project is promising for future development.

Blue Moon Metals Inc. (TSX:MOON, OTCQB:BMOOF) announced the successful completion of its 2021 drill program at the Blue Moon project, encompassing 5,873 feet of drilling aimed at identifying new sulphide lens opportunities. The US Geological Survey has added zinc to its Critical Minerals List, highlighting its significance for the U.S. economy and infrastructure plans. The Blue Moon project hosts a 43-101 Mineral Resource with 7.8 million inferred tons at 8.07% zinc equivalent, translating to substantial zinc, gold, copper, and silver reserves.

Blue Moon Metals Inc. (TSXV:MOON, OTCQB:BMOOF) announced significant exploration progress at its Blue Moon project in British Columbia. The recently drilled hole BM-83 intersected over 100 feet of visible massive sulfide mineralization, potentially indicating a new massive sulfide lens. Additionally, hole BM-81 confirmed continuity of mineralization near historical workings. The Blue Moon deposit holds substantial inferred resources, including 7.8 million tons at 8.07% zinc equivalent. Further assay results are anticipated as exploration continues.

Blue Moon Metals Inc. (OTCQB: BMOOF) has initiated a drilling program aimed at exploring and expanding the Blue Moon polymetallic VMS deposit. The program will include 3-4 step-out holes totaling up to 2,400 meters. CEO Patrick McGrath expressed excitement about this exploration effort, which could significantly increase the deposit’s resource potential. The existing 43-101 Inferred Mineral Resource estimates include 10 million ounces of silver, 771 million pounds of zinc, 71 million pounds of copper, and 300,000 ounces of gold, with various high-impact drilling targets identified.

Blue Moon Metals (OTCQB: BMOOF) announced a drilling contract for its 2021 drill program on the Blue Moon VMS project in the US, starting in late August. This campaign aims to explore down dip extensions and test additional lenses. CEO Patrick McGrath highlighted that historical data analysis identified many exploration opportunities that may significantly enhance the deposit's potential size. The Blue Moon deposit contains approximately 7.8 million inferred tons at 8.07% zinc equivalent, containing substantial amounts of zinc, gold, copper, and silver.

Blue Moon Metals has successfully closed a $1,127,446 non-brokered private placement, securing funding for its upcoming drill program at the Blue Moon polymetallic VMS project in the United States. Each unit sold in the financing comprises one common share and a warrant to purchase shares at $0.12 for three years. The company's 43-101 Mineral Resource includes 7.8 million tons at 8.07% zinc equivalent, with substantial amounts of zinc, gold, copper, and silver. The shares are subject to a hold period expiring on October 31, 2021.

Blue Moon Metals (OTCQB:BMOOF) has announced a non-brokered private placement of $1 million to fund a drilling program on its Blue Moon polymetallic VMS project in the U.S. The financing will be priced at $0.06 per unit, with each unit comprising one common share and one purchase warrant, exercisable at $0.12 for 36 months. The project is notable for its existing 43-101 Mineral Resource report, revealing 7.8 million inferred tons at 8.07% zinc equivalent. The drilling aims to expand resources and explore new opportunities.

Blue Moon Metals Inc. has announced an upgrade of its shares to the OTCQB Market in the U.S., effective May 11, 2021, alongside continued trading on the TSX Venture Exchange (TSXV:MOON). This move aims to enhance visibility and liquidity, providing access to a broader base of retail and institutional investors. The company owns a 100% interest in the Blue Moon polymetallic deposit, which contains significant resources of zinc, gold, copper, and silver. The upgrade is seen as a strategic step towards increasing the trading experience for U.S. investors.

Blue Moon Metals Inc. has announced a positive update regarding its 2020 exploration accomplishments and plans for 2021. The company has reestablished a 100% interest in its Blue Moon Project and received an extension for its drill permit through June 2023. Significant drilling results from holes BMZ-79 and BMZ-80 have indicated high-grade mineralization with high zinc, copper, gold, and silver contents. The project aims to expand the existing resource and enhance its grade during the upcoming drilling campaign.