Business
Moon River Capital Ltd. Announces Filing of Technical Report for Davidson Molybdenum Project Preliminary Economical Assessment
Toronto, Ontario--(Newsfile Corp. - April 3, 2024) - Moon River Capital Ltd.  (TSXV: MOO) &#...
About this update from Moon River Moly Ltd.
[{"type":"text","content":"Moon River Capital Ltd. Announces Filing of Technical Report for Davidson Molybdenum Project Preliminary Economical AssessmentToronto, Ontario--(Newsfile Corp. - April 3, 2024) - Moon River Capital Ltd. (TSXV: MOO) (\"Moon River\" or the \"Company\") reports that further to its news release dated February 22, 2024 it has filed pursuant to National Instrument 43-101 Standards of Disclosure for Mineral Projects (\"NI 43-101\") an independent technical report titled \"Davidson Project Preliminary Economic Assessment\" (\"PEA\") (the \"Technical Report\"). The Technical Report prepared by A-Z Mining Professionals Ltd. (\"AMPL\") for Moon River dated April 2, 2024, with an effective date of February 22, 2024 is available on SEDAR+ at www.SEDAR.com and on the Company's website at www.moonrivermoly.com.Cautionary Statement Regarding PEAThe PEA is preliminary in nature and includes Mineral Resources based on the latest resource estimates calculated and reported in a study completed by AMPL and presented in an NI 43-101 Technical Report entitled \"National Instrument NI 43-101 Technical Report for the Davidson Project Resources Update\" dated September 13, 2023 and filed on Sedar+. Readers are encouraged to read the Technical Report in its entirety, including all qualifications, assumptions and exclusions that relate to the Mineral Resource. The Technical Report is intended to be read as a whole, and sections should not be read or relied upon out of context.Qualified PersonsThe scientific and technical content of this news release was reviewed, verified, and approved by Mr. Brian LeBlanc, P. Eng., President of AMPL, and a \"Qualified Person\" (\"QP\") as defined by National Instrument 43-101 - Standards of Disclosure for Mineral Projects. Mr. LeBlanc is the QP responsible for the scientific and technical information contained in this press release.About Moon RiverMoon River is a Canadian-based resource company focused on the acquisition, exploration and development of mineral projects. Moon River is focused on the development of the Davidson Property which hosts a large molybdenum-tungsten deposit and is located near Smithers, British Columbia.For further information please contact:Paul Parisotto, President, Chief Executive Officer and Director, at (416) 800-1753 or [email protected] the TSXV nor its Regulation Ser...