Blue MOON Awards Mining Contract FOR the Construction of the Portal and Exploration Decline FOR Its Blue MOON MINE IN Mariposa County, California
Date:
News Release:
Ticker Symbols:
June 26, 2025
25-15
TSXV: MOON; OTCQB: BMOOF
Page 1 of 2
BLUE MOON AWARDS MINING CONTRACT FOR THE CONSTRUCTION OF THE PORTAL AND EXPLORATION DECLINE
FOR ITS BLUE MOON MINE IN MARIPOSA COUNTY, CALIFORNIA
TORONTO, Ontario – June 26, 2025 – Blue Moon Metals Inc. (“Blue Moon” or the “Company”) (TSXV: MOON; OTCQB:
BMOOF), is pleased to announce the award of a contract to Small Mine Development, L.L.C. (“ SMD”) for the
construction of a portal and decline to enable underground mineral exploration activities at the Blue Moon
volcanogenic massive sulphide (“ VMS”) deposit (the “ Project”), located in Mariposa County, California. This
construction work represents a significant step forward for the Project’s development, as the portal and decline will
provide access for infill and exploration drilling, and allow for further studies and investigations related to geology, rock
mechanics, underground mining conditions, and metallurgical test work and ultimately to a mine co mmercialization
decision.
Blue Moon undertook a formal request for proposal (“RFP”) process (see April 15, 2025 news release) to select a mining
contractor, from which several proposals were received. SMD ultimately provided a proposal that was consistent with
the Company’s Project objectives for Health & Safety, local employment, cost, schedule, and performance, making
them a clear choice for the award of this contract.
The CEO of Blue Moon, Christian Kargl-Simard stated:
"The award of this contract represents a major step forward in the development of the critical metals related Blue Moon
Mine. The ability to access the orebody from underground will greatly accelerate the Company’s plans to wards a mine
commercialization decision, and the minimal footprint at surface allows us to do so in a very responsible manner – both
physically and environmentally. We are proud to have SMD as a partner on this significant milestone .”
Execution planning and additional engineering work to support construction will commence immediately, followed by
the start of portal development in Q3-Q4 of this year. The exploration decline is expected to be complete by Q3 -2026
and will include an underground exploration drilling campaign along with the aforementioned additional study work.
This initial construction work is expected to generate at least 20 local employment opportunities directly with the mine
and through SMD and their subcontractors. The Company is committed to supporting the economic and social
development of the local and regional communities.
Qualified Persons
The technical and scientific information of this news release has been reviewed and approved by Mr. Dustin Small,
P.Eng., a non-Independent Qualified Person, as defined by NI 43-101.
About Blue Moon
Blue Moon is advancing 3 brownfield polymetallic projects, including the Nussir copper -gold-silver project in Norway,
the NSG copper -zinc-gold-silver project in Norway and the Blue Moon zinc -gold-silver-copper project in the United
States. All 3 projects are well located with existing local infrastructure including roads, power and historical
infrastructure. Zinc and copper are currently on the USGS and EU list of metals critical to the global economy and
national security. More information is available on the Company’s website ( www.bluemoonmetals.com).
About Small Mine Development (SMD)
Small Mine Development builds and operates America's underground mines. SMD’s mission is to be the leader in safe,
productive and innovative mining solutions. They specialize in underground, hardrock mining and advance projects
Date:
News Release:
Ticker Symbols:
June 26, 2025
25-15
TSXV: MOON; OTCQB: BMOOF
Page 2 of 2
from exploration, through engineering, development, production mining, and, ultimately, closure.
For further information:
Blue Moon Metals Inc.
Christian Kargl-Simard
CEO and Director
Phone: (416) 230 3440
Email: [email protected]
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
CAUTIONARY DISCLAIMER - FORWARD LOOKING STATEMENTS
This news release includes “forward -looking statements” and “forward -looking information” within the meaning of
applicable Canadian and U.S. securities laws. All statements included herein that address events or developments that
we expect to occur in the future are forward-looking statements. Forward-looking information may in some cases be
identified by words such as “will”, “anticipates”, “expects”, “intends” and similar expressions suggesting future events
or future performance.
We caution that all forward-looking information is inherently subject to change and uncertainty and that actual results
may differ materially from those expressed or implied by the forward -looking information. A number of risks,
uncertainties and other fac tors could cause actual results and events to differ materially from those expressed or
implied in the forward-looking information or could cause our current objectives, strategies and intentions to change .
Accordingly, we warn investors to exercise cautio n when considering statements containing forward -looking
information and that it would be unreasonable to rely on such statements as creating legal rights regarding our future
results or plans. We cannot guarantee that any forward -looking information will materialize and you are cautioned
not to place undue reliance on this forward -looking information. Any forward -looking information contained in this
news release represents management’s current expectations and are based on information currently available to
management, and are subject to change after the date of this news release. We are under no obligation (and we
expressly disclaim any such obligation) to update or alter any statements containing forward-looking information, the
factors or assumptions underlying them, whether as a result of new information, future events or otherwise, except as
required by law. All of the forward -looking information in this news release is qualified by the cautionary statements
herein.
Forward-looking information is provided herein for the purpose of giving information about the Project and its
expected impact. Readers are cautioned that such information may not be appropriate for other purposes.
A comprehensive discussion of other risks that impact Blue Moon can also be found in its public reports and filings
which are available at www.sedarplus.ca.