Blue Moon Metals Inc. (TSXV: MOON, NASDAQ: BMM) has received critical permits for its Springer tungsten project in Pershing County, Nevada, clearing the way for construction activities including the refurbishment of an existing mill.
The Nevada Division of Environmental Protection transferred the Water Pollution Control Permit and Reclamation Permit into the company's name, while the Nevada Division of Water Resources' Dam Safety Section approved a Notice of Construction for the project's tailings storage facility. Blue Moon posted the required reclamation closure bond, and the tailings facility plans were previously approved by the Nevada State Engineer.
The company, which completed the acquisition of the Springer project in February, now targets a late 2027 startup for tungsten production. CEO Christian Kargl-Simard emphasized the project's strategic importance, stating it will "bring tungsten production back to the United States and reduce U.S. dependency on tungsten imports."
Blue Moon operates five brownfield polymetallic projects across Norway and the United States. Major shareholders include Teck Resources Limited, Oaktree Capital Management, Hartree Partners, Wheaton Precious Metals, Altius Minerals Corporation, Baker Steel Resources Trust, LNS, and Monial.
