Blue Moon Acquires the Turner Copper-Gold VMS Deposit to Further Advance its Western U.S. Critical Mineral Hub and Spoke Model
Blue Moon Metals has acquired the Turner Copper-Gold VMS deposit in Oregon, a past-producing asset with a historical resource estimate of 2.45 Mt Indicated at 4.97% CuEq and 2.08 Mt Inferred at 4.80% CuEq. The acquisition, valued at US$4.7 million cash, US$27 million in shares, and up to US$7 million in milestone payments, aims to integrate Turner into Blue Moon's Western U.S. 'hub and spoke' model, with plans for aggressive exploration, underground development, and metallurgical studies to support a future PEA. The company acknowledges the historical nature of the resource and the need for further work to verify and update it.