WhiteMoon Magnesium is a private, US-based exploration and development company focused on the 100% owned historical claims in San Bernardino County, California – including the historic Needles Magnesite Deposit and El Capitan Deposit.
The Needles Magnesite Deposit is located on 55 acres of private land, surrounded by 200 acres of placer/lode claims in San Bernardino County, CA, near Arizona and Nevada.
Needles is a historic mining site with visible magnesite material at the surface, open at depth, and evidence of past operations.
The Needles Deposit is the only known high-grade, high-purity magnesium deposit in the US. High-grade material is used for magnesium metal alloys, and low-grade material is used for nutrients and pharmaceuticals.
San Bernardino County is a mining-friendly area with over 90 active mines, including Equinox Gold’s (NYSE: EQX) Castle Mountain Mine (60km away) and MP Materials’ (NYSE: MP) Mountain Pass Rare Earth Mine (100km away).
Magnesium is listed as a critical mineral in the US and EU, used in aerospace, automotive, and defense applications; China dominates global production (88%) with effectively zero US production.
WhiteMoon is currently advancing exploration and near-term development and production re-start scenarios.
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