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8SX0:FRANKFURT Blue Moon Completes 2021 Drill Program; Zinc Added to US Critical Minerals List

Exploration Programs

MOON:TSX-V

BMOOF:OTCQB

8SX0:FRANKFURT

Blue Moon Completes 2021 Drill Program; Zinc Added to US Critical Minerals List

December 17, 2021 – Blue Moon Metals Inc. (TSXV: MOON; OTCQB: BMOOF) (the

“Company”) is pleased to report the completion of the 2021 drill program at its property, the

polymetallic Blue Moon project located in the United States containing zinc, silver, gold, and

copper. The drill program consisted of 4 step-out holes totalling 5,873 feet (1,790 metres). The

drill program tested a number of high impact targets including the potential for new massive

sulphide lens to the south of the Blue Moon deposit . Drill core samples have been submitted to

ALS Chemex in Reno, Nevada for assay.

The Company is also excited to report the United States Geological Survey (USGS) is adding zinc

to its Critical Minerals List. In being added to the list, the USGS determined that zinc is critical to

the well -being of the United States economy coupled with very few new domestic zinc

development projects. The Blue Moon project is located in the United States and was a past zinc

producer.

“We wish to thank our exploration team for completing the 2021 drill program and eagerly await

the assay results. The 2021 program focused on exploring for new sulphide lens and we are

particularly excited about hole-83 as this is appears to be a new sulphide lens separate from the

Blue Moon deposit (see News Release dated November 8, 2021 ).” Stated Patrick McGrath,

Chief Executive Officer “The addition of zinc to the USGS Critical Metals List also highlights

the United States domestic zinc supply will be critical for a sustainable infrastructure plan and the

Blue Moon project in the United States is in a great position to contribute to that plan.”

About Blue Moon Metals

Blue Moon Metals (TSX.V: MOON; OTCQB: BMOOF) is currently advancing its Blue Moon

polymetallic deposit which contains zinc, gold, silver and copper. The pr operty is well located

with existing local infrastructures including paved highways three miles from site; a hydroelectric

power generation facility a few miles from site, three-hour drive to the Oakland port and a four-

hour drive to service centre of Reno. The deposit is open at depth and along strike. The Blue Moon

43-101 Mineral Resource includes 7.8 million inferred tons at 8.07% zinc equivalent (4.95% zinc,

0.04 oz/t gold, 0.46% copper, 1.33 oz/t silver), containing 771 million pounds of zinc, 300,000

ounces of gold, 71 million pounds of copper, and 10 million ounces of silver. The 43-101 Mineral

Resource report dated November 14, 2018 was authored by Gary Giroux, P. Eng., and Lawrence

O’Connor, a QP, and entitled “Resour ce Estimate for the Blue Moon Massive Sulphide

Occurrence”. The 43-101 and related press release with details on the resource are available on the

company’s website and were filed on www.sedar.com on November 20, 2018. The Company also

holds 100% of the Ya va polymetallic project in Nunavut that is in the same volcanic lithologies

and south of Glencore’s Hackett River deposit. More information is available on the company’s

website (www.bluemoonmetals.com).

Qualified Persons

John McClintock, P. Eng, a Director of the Company, is a qualified person as defined by NI 43 -

101, has reviewed the scientific and technical information that forms the basis for this press release.

For more information please contact:

Patrick McGrath, CEO

+1-832-499-6009

[email protected]

Kevin Shum

Investor Relations

+1-647-725-3888 ext702

[email protected]

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined

in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy

of this release.

Resource estimates included in this news release are forward-looking statements. Although the Company believes the

expectations expressed in such forward -looking statements are based on reasonable assumptions set forth in the

relevant technical report and otherwise, such statements are not guarantees of future performance and actual results

or developments may differ materially from those in the forward -looking statements. Factors that could cause actual

results to differ materially from those in forward-looking statements include market prices for commodities, the results

of future exploration, uncertainties related to the ability to obtain necessary permits, licenses and titles, changes in

government policies regarding mining, continued availability of capital and financing, drilling results and general

economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of

future performance and actual results or developments may differ materially from those projected in the forward -

looking statements. Readers are cautioned not to place undue reliance on this forward-looking information, which is

given as of the date it is expressed in this press release, and the Company undertakes no obligation to update publicly

or revise any forward-looking information, whether as a result of new information, future events or otherwise, except

as required by applicable securities laws.