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Moon River Capital is developing one of the highest grade molybdenum projects in the world. Located just outside of Smithers, British Columbia, the Davidson Deposit has been the subject of 72,000 metres of drilling and 2.6 kms of underground development. It hosts between 131 million lbs and 692 million lbs of molybdenum, depending upon the cutoff grade.

Moon River has commenced a Preliminary Economic Assessment to further de-risk the Davidson Deposit and determine the economic potential of the deposit. It is expected that the PEA will be completed in the first quarter of 2024, followed by a Feasibility Study if justified by the results of the PEA.

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Molybdenum
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NI 43-101 Technical Report for the Davidson Project Preliminary Economic Assessment - April 2, 2024

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