VANCOUVER, March 13, 2018 /CNW/ - Blue Moon Zinc Corp.
(TSXV: MOON; US OTC: BMOOF) (the "Company") is pleased to
announce that Peter A. Ball has
joined the Board of Directors of the Company.
Mr. Ball brings over 25 years of extensive experience and
leadership as a mining professional. He is currently an
Executive/Board Advisor with Bonterra Resources Inc. and has held
various senior management roles with international mining companies
in corporate finance, mine engineering, business development and
marketing functions.
Patrick McGrath, Chief Executive
officer, stated, "We welcome Peter's leadership to our board and
his broad experience from development stage assets through to
active mining companies such as Hud Bay and Eldorado. Peter also brings a wealth of
knowledge of the capital markets and the mining investment
community which will benefit shareholders significantly as we enter
an exciting new phase for the Blue Moon Zinc Project."
Mr. Ball began his career in the late 1980s working as a mining
engineer, and subsequently in various management and senior
executive roles for numerous companies including Hudson Bay Mining
& Smelting, Echo Bay Mines Ltd., Eldorado Gold Corp., Adriana
Resources Inc., Argentex Mining Corp., Century Mining Corp.,
Columbus Gold Corp. and Redstar Gold Corp. Mr. Ball is a graduate
of the Haileybury School of Mines, Georgian Business College.
The Company has granted 350,000 stock options to Mr. Ball, each
option being exercisable for a five-year term at a price of
$0.11 per common share and vest over
eighteen months. The options are governed by the terms and
conditions of the Company's stock option plan.
About Blue Moon
The Company is currently advancing its 100% controlled Blue Moon
polymetallic zinc deposit, which also contains significant credits
of copper, silver and gold. The deposit, which is open at depth and
along strike, yields historical metallurgical testing that
indicates excellent mineral recovery and a clean zinc concentrate.
A NI 43-101 technical report detailing the geological resource and
summarizing metallurgical recoveries is available on the company's
website (www.bluemoonmining.com), and filed on SEDAR on
November 13, 2017. The Company plans
to advance the Blue Moon project through to feasibility, permitting
and ultimately production.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release. Resource estimates included in
this news release are forward-looking statements. Although the
Company believes the expectations expressed in such forward-looking
statements are based on reasonable assumptions set forth in the
relevant technical report and otherwise, such statements are not
guarantees of future performance and actual results or developments
may differ materially from those in the forward-looking statements.
Factors that could cause actual results to differ materially from
those in forward-looking statements include market prices for zinc,
the results of future exploration, uncertainties related to the
ability to obtain necessary permits, licenses and titles, changes
in government policies regarding mining, continued
availability of capital and financing, and general economic, market
or business conditions. Investors are cautioned that any such
statements are not guarantees of future performance and actual
results or developments may differ materially from those projected
in the forward-looking statements. Readers are cautioned not to
place undue reliance on this forward-looking information, which is
given as of the date it is expressed in this press release, and the
Company undertakes no obligation to update publicly or revise any
forward-looking information, whether as a result of new
information, future events or otherwise, except as required by
applicable securities laws.
The securities referenced in this news release have not and
will not be registered under the U.S. Securities Act of 1933 and
may not be offered or sold in the United
States absent registration or an applicable exemption from
registration requirements.
SOURCE Blue Moon Zinc Corp.
