TSXV: MOON US OTC: BMOOF
Forward Looking Statements Certain statements included in this presentation constitute forward- Cautionary Note to U.S. Readers Regarding Estimates of Indicated looking statements or forward-looking information under applicable and Inferred Resources. his presentation uses the terms “measured” securities legislation. Such forward looking statements or information are and “indicated” mineral resources and “inferred” mineral resources. provided for the purpose of providing information about management’s The Company advises U.S. investors that while these terms are current expectations and plans relating to the future. Readers are recognized and required by Canadian securities administrators, they cautioned that reliance on such information may not be appropriate for are not recognized by U.S. securities administrators. The estimation other purposes, such as making investment decisions. Forward-looking of “measured” and “inferred” mineral resources involves greater statements or information typically contain statements with words such uncertainty as to their existence and economic feasibility than the as “anticipate”, “believe”, “expect”, “plan”, “intend”, “estimate”, “propose”, estimation of proven and probable reserves. The estimation of “project”, or similar words suggesting future outcomes or statements. “inferred” resources involves far greater uncertainty as to their Forward-looking statements or information in this presentation include, existence and economic viability than the estimation of other but are not limited to, statements or information with respect to: business categories of resources. It cannot be assumed that all or any part of a strategy and objectives; and development and exploration plans. “measured”, “inferred” or “indicated” mineral resource will ever be Forward-looking statements or information are based on a number of upgraded to a higher category. Under Canadian rules, estimates of factors and assumptions which may prove to be incorrect. Although the “inferred mineral resources” may not form the basis of feasibility Company believes that the expectations reflected in such forward studies, pre-feasibility studies or other economic studies, except in looking statements or information are reasonable, undue reliance should prescribed cases, such as in a preliminary economic assessment not be placed on forward-looking statements because the Company can under certain circumstances. U.S. securities administrators normally give no assurances that such expectations will prove to be correct. only permit issuers to report mineralization that does not constitute Forward-looking statements or information are based on current “reserves” as in-place tonnage and grade without reference to unit expectations, estimates and projections that involved a number of risks measures. Under U.S. standards, mineralization may not be and uncertainties which could cause actual results to differ materially classified as a “reserve” unless the determination has been made that from those anticipated by the Company and described in the forward- the mineralization could be economically and legally produced or looking statements or information. These risks and uncertainties include, extracted at the time the reserve determination is made. U.S. among other things: the ability of management to execute its business investors are cautioned not to assume that any part or all of a plan; general economic and business conditions; the risks of the mining “measured”, “indicated” or “inferred” mineral resource exists or is industry and fluctuations in commodity prices; risks and uncertainties economically or legally mineable. Information concerning descriptions involving geology of mining deposits; the uncertainty of development and of mineralization and resources contained herein may not be exploration activities; the uncertainty of estimates and projections comparable to information made public by U.S. companies subject to relating to production, costs and expenses; the uncertainty of obtaining the reporting and disclosure requirements of U.S. securities regulatory, including environmental approvals and uncertainties as to the administrators. Mineral resources that are not mineral reserves do not availability and cost of financing. The foregoing list is not exhaustive of have demonstrated economic viability. The estimate of mineral all possible risks and uncertainties. The forward-looking statements or resources may be materially affected by environmental, permitting, information contained in this presentation are made as of the date hereof legal, title, taxation, socio-political, marketing, or other relevant and the Company undertakes no obligation to update or revise any issues. The quantity and grade of reported inferred resources in this forward-looking statements or information, whether as a result of new estimation are uncertain in nature and there has been insufficient information, future events or otherwise unless required by applicable exploration to define these inferred resources as an indicated or securities laws. This presentation is for general background information measured mineral resource and it is uncertain if further exploration purposes only and does not constitute an offer to sell or a solicitation to will result in upgrading them to an indicated or measured mineral buy the securities referred to herein. resource category. The inclusion of inferred mineral resources are considered too speculative geologically to have the economic considerations applied to enable them to be categorized as mineral Jack McClintock, P. Eng, is a qualified person as defined by NI 43-101, reserves. The mineral resources in this presentation were reported has reviewed the scientific and technical information that forms the basis using CIM Standards. for this presentation. Mr. McClintock is a Director of the Company. 2
Investment Highlights 100% ownership high-grade NI 43-101 polymetallic resource in California (1) 1 Indicated: 2.62 Mt @ 6.01% Zn, 0.67% Cu, 0.27% Pb, 1.43 opt Ag, 0.03 opt Au � Inferred: 2.68 Mt @ 5.98% Zn, 0.41% Cu, 0.40% Pb, 1.63 opt Ag, 0.04 opt Au � Material Excellent potential to increase resource along strike and at depth as well as re-cutting the resource � current resource at higher metal prices Experienced management with knowledge of permitting 2 Former CEO of Golden Queen (Lutz Klingmann) and key consultants that successfully � permitted the open-pit, heap-leach Soledad Mountain gold mine in California Knowhow Officers and directors own 21% of the outstanding stock � Low-risk execution and key value drivers in the near-term 3 Pathway to permitting; which would allow construction to begin 30-36 months from financing � New NI 43-101 resource assessment at current metal prices as well as a PEA to be Value � creation published in Q1’18 �� ���������������������������������������������������������������������������������������������������������������������������������������������������� 3
Material History of the Project 1943-1945 Hecla performed small scale mining during World War II; 56,000 tons grading 12.3% zinc 1981-1984 Imperial Metals completed approximately 33,000 feet of diamond drilling Boliden (Westmin), one of Europe’s largest zinc producers, completed: • Approximately 57,000 feet of diamond drilling 1984-1988 • Calculated a mineral resource and commenced engineering, metallurgical, hydrological and environment baseline studies Boliden (Westmin) obtained a conditional use permit and approval of a reclamation plan from 1989 Mariposa County for certain underground development 1991 Barrick (Lac) completed approximately 20,000 feet of drilling Blue Moon was created as a result of two corporate spinouts of advanced stage zinc assets. 2007 Yukon Zinc followed by a 2007 spinout by Selwyn Resource’s zinc assets into Blue Moon 2008 Blue Moon established the current resource via previous and well documented work programs 4
Favourable Location � Located in Mariposa County, Central California. � Active mines and exploration projects in the region � Part of California gold rush � Foothills area 5
Surface Conditions � The property is located in rolling grasslands � The land surface is currently used for seasonal ranching and is sparsely populated � Restricted land use under the Williamson Act (no residential development but mining permitted) 6
Tenure & Local Infrastructure � 525 acres of mineral rights on patented and unpatented claims. � Accessible by a three mile gravel road off a nearby paved highway. � A hydroelectric power generation facility one mile north; the main transmission line passes less than a miles away. � Elevations on the property range from 1,000 to 1,600 feet above sea level. � Sea ports, rail and trucking routes are all accessible. � Labour and contractors are readily available from population centres in the Central Valley. 7
Near Term Catalysts � Updated 43-101 resource assessment � Expected Q4 2017 � Update the resource assessment utilizing more current commodity prices (versus 2008) � Preliminary Economic Assessment (PEA) � Expected Q1 2018 � Maiden PEA for the Blue Moon zinc project 8
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