Blue Moon Announces Robust Results of the Preliminary Economic Assessment for Its Blue Moon VMS Deposit Including an After-Tax Base Case IRR of 38% and 48% Using Spot Prices

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[{"type":"text","content":"Blue Moon Announces Robust Results of the Preliminary Economic Assessment for Its Blue Moon VMS Deposit Including an After-Tax Base Case IRR of 38% and 48% Using Spot Prices\n\n\n\n TORONTO, March 03, 2025 (GLOBE NEWSWIRE) -- Blue Moon Metals Inc. (“\n \n Blue Moon\n \n ” or the “\n \n Company\n \n ”) (\n \n TSXV: MOON\n \n ), is pleased to announce an updated Mineral Resource estimate and the results of a Preliminary Economic Assessment (“PEA”) for the Blue Moon volcanogenic massive sulphide (“VMS”) deposit (the “Project”), located in Mariposa County, California, which will be summarized in an independent National Instrument (“NI”) 43-101 Technical Report within 45 days. The study was commissioned by Blue Moon and carried out by Micon International Ltd. (“Micon”) and Resource Development Associates, Inc. (“RDA”). It provides a base case assessment for the development of the Project as an underground mine with onsite production of saleable zinc and copper concentrates.\n \n\n\n\n Highlights\n \n\n\n\n\n Table 1: PEA Results Summary\n \n\n\n\n\n\n\n\n\n\n PEA Base Case\n \n\n\n\n -10%\n \n Pricing\n \n\n\n\n +10%\n \n Pricing\n \n\n\n\n Long-term Consensus\n \n Price Forecast\n \n\n\n (\n \n\n\n\n 3)\n \n\n\n\n\n Spot Prices\n \n\n\n (Feb. 2025 avg.)\n \n\n\n\n\n After-Tax NPV ($M, 8% discount rate)\n \n (\n \n\n 2)\n \n\n\n\n $\n \n\n 244\n \n\n\n $163\n \n\n $324\n \n\n $260\n \n\n $340\n \n\n\n\n After-Tax IRR (%)\n \n (\n \n\n 2)\n \n\n\n\n 38\n \n\n %\n \n\n\n 29%\n \n\n 46%\n \n\n 39%\n \n\n 48%\n \n\n\n\n First 6 Years of After-Tax Cashflow ($M)\n \n\n\n $\n \n\n 367\n \n\n\n $293\n \n\n $442\n \n\n $382\n \n\n $458\n \n\n\n\n Payback Period (years)\n \n\n\n 2.4\n \n\n\n 2.9\n \n\n 2.0\n \n\n 2.3\n \n\n 1.9\n \n\n\n\n C1 Cost ($/lb ZnEq)\n \n\n\n $\n \n\n 0.60\n \n\n\n $0.60\n \n\n $0.61\n \n\n $0.60\n \n\n $0.55\n \n\n\n\n LOM Average Head Grade (ZnEq %)\n \n\n\n 12.55\n \n\n\n 12.66\n \n\n 12.47\n \n\n 12.72\n \n\n 13.83\n \n\n\n\n Nominal processing capacity (tonnes per day)\n \n\n\n 1,800\n \n\n\n\n\n Initial Capital Cost ($M)\n \n\n\n $\n \n\n 144.5\n \n\n\n\n\n Sustaining Capital Cost ($M)\n \n\n\n $\n \n\n 64.5\n \n\n\n\n\n Life of Mine (“LOM”) Capital Cost ($M)\n \n\n\n $\n \n\n 209.0\n \n\n...

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