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MOON.V ·

8SX0:FRANKFURT Blue Moon Signs Drill Contract for 2021 Work Program

Exploration Programs

MOON:TSX-V

BMOOF:OTCQB

8SX0:FRANKFURT

Blue Moon Signs Drill Contract for 2021 Work Program

July 13, 20 21 – Blue Moon Metals Inc. (TSXV: MOON; OTC QB: BMOOF) (the “ Company”)

announces it has signed a drilling contract to carry out its 2021 drill program on its 100% owned

Blue Moon polymetallic volcanic massive sulphide (“VMS”) project in the United States. The core

drilling campaign is expected to commence in late August and is designed to explore for down

dip extensions of the deposit as well as to test for additional lenses to the south of the currently

defined deposit.

“Over the past few months Blue Moon has spent considerable time reviewing the historical data

and identified multiple exploration drilling opportunities, all of which could dramatically change

the upside potential size of the Blue Moon deposit. This is an exploration program our team has

been anxiously awaiting to start.” Commented Patrick McGrath, CEO of Blue Moon.

About Blue Moon Metals

Blue Moon M etals (TSX.V: MOON; OTC QB: BMOOF) is currently advancing its Blue Moon

polymetallic deposit which contains zinc, gold, silver and copper. The property 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 de pth 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 “Resource 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 Yava polymetallic project in Nunavut that is in the same volc anic

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

company’s web site (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.

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For more information, please contact:

Patrick McGrath, CEO

1-832-499-6009

[email protected]

Investor Contact:

Kevin Shum

Investor Relations

+1-647-725-3888 ext 702

[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, 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.