# Blue Moon Acquires the Turner Copper-Gold VMS Deposit to Further Advance its Western U.S. Critical Mineral Hub and Spoke Model Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/blue-moon-acquires-the-turner-copper-gold-vms-deposit-to-further-advance-its-wes--bdb7f2e3-b596-4517-9854-a85173ac1710 Original source: https://orestocks.com/company/MOON.V/press-releases/5086846567061862 Publisher: orestocks Original announcement: 2026-09-23T11:00:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Blue Moon Metals Inc. - Ticker: MOON.V - Exchange: Unavailable - Region: Western U.S. - Primary commodity: Copper - Secondary commodities: Gold, Zinc, Silver, Cobalt - Document categories: Metallurgy, Agreement transaction, Resource update, Drill results, Economic study - Extracted: 2026-09-23 12:18:03 UTC Narrative sentiment: 0.60 · Bullish ## Minestarters Atlas summary Blue Moon Metals has acquired the Turner Copper-Gold VMS Deposit in Oregon, expanding its Western U.S. critical mineral portfolio. The acquisition includes a historical 2010 NI 43-101 compliant resource estimate of 2.447 Mt Indicated at 1.25% Cu, 2.79 g/t Au, 2.65% Zn, 9.64 g/t Ag, and 0.05% Co, plus 2.084 Mt Inferred. The company plans aggressive exploration, underground development, and metallurgical studies to support a future PEA incorporating both Turner and its Blue Moon Mine. Reasoning: Blue Moon Metals is acquiring the Turner Copper-Gold VMS Deposit, which includes a significant historical resource estimate and historical drill results for copper, gold, zinc, silver, and cobalt. This acquisition aligns with the company's 'hub and spoke' strategy for critical minerals in the Western U.S. While the resource and drill data are historical and require verification, they provide a strong foundation for future exploration and development, indicating potential for growth and synergies with existing assets. - Positive factor: Acquisition of a polymetallic VMS deposit with historical resources and drill results - Positive factor: Strategic fit with existing 'hub and spoke' model and potential synergies - Positive factor: Significant historical resource estimate for multiple critical metals - Positive factor: Historical metallurgical studies indicate amenability to conventional flotation - Negative factor: Resource estimate is historical and requires verification - Negative factor: Drill results are historical and selected, lacking full context - Negative factor: Metal equivalent assumptions for historical resource and drill results are based on future pricing, not historical - Negative factor: Cobalt not included in CuEq calculation for historical resource/drills due to lack of metallurgy studies Facts used in scoring: 5 ## Classification and evidence **Maiden Resource** Polarity: neutral Definition: First formal MRE for the project — establishes baseline but typically exploration-stage with high Inferred component. No prior estimate exists, so every change band is not applicable. Why it applies: The document refers to a historical mineral resource estimate for the Turner deposit, which is new to Blue Moon Metals. Evidence · text > In the May 17, 2010, historical PEA completed to NI 43-101 standards titled "Turner Gold Resource and Preliminary Economic Assessment" \(prepared by: J.M. Marek, P.E.; B.W. Buck, R.P.G; M.D. Strickler, P.E.; S. Annavarapu, P.E.; and J.J. Moore, P.E.\), there is a mineral resource estimate of 2.447 million tons of Indicated category material grading 1.25% copper, 2.79 g/t gold, 2.65% zinc, 9.64 g/t silver, and 0.05% cobalt, and 2.084 million tons of Inferred category material grading 0.99%, 2.73 g/t gold, 2.78% zinc, 19.91 g/t silver and 0.04% cobalt. **Historical Estimate Only** Polarity: negative Definition: Estimate pre-dates or does not comply with current JORC/NI 43-101 standards — requires verification drilling. Why it applies: The mineral resource estimate is explicitly stated as historical and not treated as current by the company's Qualified Person. Evidence · text > The Company intends to disclose the mineral resource estimate \("MRE"\), both Indicated and Inferred categories, as a historical MRE for Turner within the meaning of National Instrument 43-101 Standards of Disclosure for Mineral Projects \("NI 43-101"\) adopted by the CIM Council on May 19, 2014. It should be noted that the non-Independent Qualified Person for the Company has not done sufficient work to verify and validate the historical MRE, meaning the Company is not treating the historical MRE as current. **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: The historical PEA and MRE were completed to NI 43-101 standards. Evidence · text > In the May 17, 2010, historical PEA completed to NI 43-101 standards titled "Turner Gold Resource and Preliminary Economic Assessment" **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: Jason Dunning, M.Sc., P.Geo., is named as the non-Independent Qualified Person who reviewed and approved the technical and scientific information. Evidence · text > For the purposes of this news release, Jason Dunning, M.Sc., P.Geo., the Company's General Manager Special Projects, is the designated non-Independent Qualified Person in accordance with NI 43-101, and he has reviewed and approved both the technical and scientific information of this news release. **Metal Equivalent Opaque** Polarity: negative Definition: Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used. Requires an actual metal equivalent grade; a combined elemental basket such as PGE is not a metal equivalent. Why it applies: The CuEq calculation for historical drill results uses long-term pricing from September 2026 and smelter recoveries from the May 2010 PEA, which are not fully transparent for historical data. Evidence · table > CuEq %4 Context: Hole ID **Apparent Width Only** Polarity: negative Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness. Why it applies: No true thickness was determined for the historical drill intercepts. Evidence · text > No apparent true thickness was determined for intercepts, given the early-stage nature of the exploration project. **Mill Route** Polarity: neutral Definition: Processing via mill or concentrator \(CIL, CIP, tank leach, flotation\). Why it applies: the document describes a flotation route \("flotation"\) **Single Domain Only** Polarity: negative Definition: Testing limited to one composite or domain — representativeness not established. Why it applies: only one composite was tested ## Extracted facts Stored fact records: 3. Some facts used in scoring do not have a stored record. ## Metallurgical Results (3) ### flotation [Link to this fact](https://atlas-extractions.minestarters.com/news/blue-moon-acquires-the-turner-copper-gold-vms-deposit-to-further-advance-its-wes--bdb7f2e3-b596-4517-9854-a85173ac1710#fact-metallurgical-facts-2) Turner · copper Historical result Needs review: historical\_restatement #### Identity - Project: Turner - Commodity: copper - Region: oregon - Reported Region: Oregon - Ticker: MOON.V #### Test Work - Program Status: scoping - Test Type: flotation - Processing Route: conventional flotation - Sample: sulphide mineralization #### Recovery - Recovery Basis: unspecified #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2010-05-17T00:00:00.000Z #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: Historical metallurgical studies suggest a conventional processing route for copper, zinc, and gold, which is positive. However, the lack of specific results and the historical nature of the studies limit confidence. - Positive factor: Sulphide mineralization amenable to conventional flotation - Positive factor: Potential to produce multiple concentrates - Negative factor: Metallurgical studies are historical - Negative factor: No specific recovery percentages or concentrate grades disclosed - Negative factor: No metallurgy studies for cobalt Evidence · text > In terms of metallurgical studies outlined in the historical 2010 PEA, it was shown that the sulphide mineralization was amenable to conventional flotation, yielding three products: 1\) a copper concentrate, 2\) a zinc concentrate, and 3\) a gold concentrate. #### Tags used in scoring **Mill Route** Polarity: neutral Definition: Processing via mill or concentrator \(CIL, CIP, tank leach, flotation\). Why it applies: processing\_route matches the flotation signal ### flotation [Link to this fact](https://atlas-extractions.minestarters.com/news/blue-moon-acquires-the-turner-copper-gold-vms-deposit-to-further-advance-its-wes--bdb7f2e3-b596-4517-9854-a85173ac1710#fact-metallurgical-facts-3) Turner · zinc Historical result Needs review: historical\_restatement #### Identity - Project: Turner - Commodity: zinc - Region: oregon - Reported Region: Oregon - Ticker: MOON.V #### Test Work - Program Status: scoping - Test Type: flotation - Processing Route: conventional flotation - Sample: sulphide mineralization #### Recovery - Recovery Basis: unspecified #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2010-05-17T00:00:00.000Z #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: Historical metallurgical studies suggest a conventional processing route for copper, zinc, and gold, which is positive. However, the lack of specific results and the historical nature of the studies limit confidence. - Positive factor: Sulphide mineralization amenable to conventional flotation - Positive factor: Potential to produce multiple concentrates - Negative factor: Metallurgical studies are historical - Negative factor: No specific recovery percentages or concentrate grades disclosed - Negative factor: No metallurgy studies for cobalt Evidence · text > In terms of metallurgical studies outlined in the historical 2010 PEA, it was shown that the sulphide mineralization was amenable to conventional flotation, yielding three products: 1\) a copper concentrate, 2\) a zinc concentrate, and 3\) a gold concentrate. #### Tags used in scoring **Mill Route** Polarity: neutral Definition: Processing via mill or concentrator \(CIL, CIP, tank leach, flotation\). Why it applies: processing\_route matches the flotation signal ### flotation [Link to this fact](https://atlas-extractions.minestarters.com/news/blue-moon-acquires-the-turner-copper-gold-vms-deposit-to-further-advance-its-wes--bdb7f2e3-b596-4517-9854-a85173ac1710#fact-metallurgical-facts-4) Turner · gold Historical result Needs review: historical\_restatement #### Identity - Project: Turner - Commodity: gold - Region: oregon - Reported Region: Oregon - Ticker: MOON.V #### Test Work - Program Status: scoping - Test Type: flotation - Processing Route: conventional flotation - Sample: sulphide mineralization #### Recovery - Recovery Basis: unspecified #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2010-05-17T00:00:00.000Z #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: Historical metallurgical studies suggest a conventional processing route for copper, zinc, and gold, which is positive. However, the lack of specific results and the historical nature of the studies limit confidence. - Positive factor: Sulphide mineralization amenable to conventional flotation - Positive factor: Potential to produce multiple concentrates - Negative factor: Metallurgical studies are historical - Negative factor: No specific recovery percentages or concentrate grades disclosed - Negative factor: No metallurgy studies for cobalt Evidence · text > In terms of metallurgical studies outlined in the historical 2010 PEA, it was shown that the sulphide mineralization was amenable to conventional flotation, yielding three products: 1\) a copper concentrate, 2\) a zinc concentrate, and 3\) a gold concentrate. #### Tags used in scoring **Mill Route** Polarity: neutral Definition: Processing via mill or concentrator \(CIL, CIP, tank leach, flotation\). Why it applies: processing\_route matches the flotation signal ## How Atlas produces this analysis Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.