Blue Moon Metals

Nevada authorities have issued Blue Moon Metals permits for water pollution control and reclamation for the Springer tungsten project, and the company has posted the required financial assurance. The dam safety authority also approved the tailings facility construction plans, which had previously been authorized by the Nevada State Engineer, clearing the way for construction work and the upgrade of a processing plant. Blue Moon targets start-up by the end of 2027 and sees the project as a contribution to bringing tungsten production back to the U.S. » More on de.investing.com

Blue Moon Metals acquires 33 tungsten and antimony projects in the western US for about $20.5 million in cash and shares. The consideration comprises $5.0 million in cash, 2.8 million common shares valued at $5.55 each, and a 1.0% net smelter return royalty per project, plus potential milestone payments. Four priority projects near the Springer property are to be advanced to the drilling stage within two years. Completion of the transaction is subject to TSX Venture Exchange approval and is expected in October 2026. » More on de.investing.com

Blue Moon Metals announces a two-phase 67,000-meter diamond drilling program at the Springer project in Pershing County, Nevada. Phase 1 covers about 7,000 meters with target depths of 200–300 m; phase 2 about 60,000 meters at 300–1,000 m depth. Drilling is set to begin in the first half of August with completion planned for Q1 2027. Geotech Drilling Services has been provisionally contracted; in parallel, relogging of historical core (approx. 18,000 m) will continue and samples will be analyzed at ALS Reno. Additional work includes airborne geophysics, aerial surveys with LiDAR, and initial metallurgical testwork and ore-sorting samples; the project has a flotation plant with 1,200 t/day capacity. » More on de.investing.com