PRNewsWire
10 Aug 2026, 10:45 UTC · 3h ago
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Blue Moon Metals' infill drilling at the Nussir Project confirmed mineralization continuity and intersected copper grades above the 0.30% cut-off in 11 of 12 holes. — Positive drilling results that confirm the continuity of a resource reduce geological risk and increase the likelihood of successful production.
+0.60The infill program is specifically designed to upgrade Indicated Resources to the higher-confidence Measured Resource category. — Increasing the proportion of proven/measured reserves improves the bankability of the project and reduces valuation uncertainty.
+0.40Drilling results provided new structural and geotechnical data intended to strengthen the current mine design. — Better geotechnical understanding reduces the risk of operational failures and cost overruns during the construction and mining phases.
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The company observed small intersections of platinum (0.69 g/t) and palladium (0.42 g/t) in hole NUS-DD-26-08. — While positive, these are minor byproduct intersections that do not currently materially change the primary copper-focused economics of the project.
+0.10Which stocks this story touches
The company announced positive drilling results from its Nussir Project, confirming mineralization continuity and providing strong assay results.
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