StockWatch
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Metal Mining
Project UpdateJul 7, 2026, 10:17 AM

Blue Moon Announces 67,000m Drill Program at Springer Tungsten Project

AI Summary

Blue Moon Metals Inc. announced a comprehensive 2026 exploration and resource definition program for its Springer Tungsten Project in Nevada. The program includes an initial 67,000-meter two-phase diamond drill program, re-logging and re-assaying 18,000 meters of historical core, and evaluating historical stockpiles and tailings. These efforts, combined with extensive geophysical and aerial surveys, aim to rapidly enhance the geological model and advance the project towards a Q4 2027 production target.

Key Highlights

  • Blue Moon announced a 67,000-meter two-phase diamond drill program at Springer Tungsten Project.
  • The program will utilize up to six diamond drill rigs, starting in August 2026 and finishing by Q1 2027.
  • 18,000 meters of historical core will be re-logged and re-assayed with NI 43-101 compliant QA/QC.
  • The company plans volume and grade estimation of 16 historical stockpiles and auger sampling of 1.94 km² of historical tailings.
  • Extensive geophysical surveys (159 km² detailed, 408 km² regional) and aerial mapping are planned.
  • Preliminary metallurgical testing (453 kg) and ore sorting tests (20.3 kg, then 700 kg) are underway.
  • The program aims to support the previously announced production target of Q4 2027.