Blue MOON Receives Environmental Permits and Awards Mining Contract FOR Tunnel Extension at NSG IN Nordland County, Norway
Date:
News Release:
Ticker Symbols:
July 9, 2025
25-18
TSXV: MOON; OTCQB: BMOOF
Page 1 of 2
BLUE MOON RECEIVES ENVIRONMENTAL PERMITS AND AWARDS MINING CONTRACT FOR TUNNEL EXTENSION AT
NSG IN NORDLAND COUNTY, NORWAY
TORONTO, Ontario – July 9, 2025 – Blue Moon Metals Inc. (“Blue Moon” or the “Company”) (TSXV: MOON; OTCQB:
BMOOF), is pleased to announce the receipt of environmental permits for its planned activities from the Norwegian
Environmental Agency and the awarding of a contract to Fauskebygg AS (“Fauskebygg”) for the extension of its Rupsi
tunnel at Nye Sulitjelma Gruver AS (“NSG”).
The extension will facilitate more efficient and effect ive exploration drilling of the Rupsi/Dypet deposits (the “Rupsi
Deposit”). This work represents a major milestone for the Sulitjelma Project as Blue Moon plans to complete a 10,000
m exploration drilling program from the tunnel with the intent to upgrade the resource from the Inferred category to
Indicated category, expand on the current resource and gather geotechnical and metallurgical data. The Rupsi Deposit
currently has an Inferred Resource of 9.258 Mt at 1.19% Cu and 0.31% Zn as summarized in an NI 43 -101 Technical
Report on The Mineral Resources of the Sulitjelma Project, Norway, by Adam Wheeler and dated May 20, 2025. This
report is filed on SEDAR+. Inferred Resources are conceptual in nature and there is no certainty they will be converted
into Reserves.
Blue Moon undertook a limited formal request for proposal process to select a contractor from within Norway . The
proposal from Fauskebygg was well aligned with key priorities for h ealth & safety, local employment, cost, and
performance. Activities will commence late Q3-2025 with completion expected Q3-2027. The associated exploration
drilling program will progress concurrently with tunnel advancement. In addition to drilling, the exploration program
includes geological mapping, soil and core geochemistry analysis, geophysical surveys, and relogging of historical drill
core to further refine the geological model and optimize drill targeting.
Qualified Persons
The technical and scientific information of this news release has been reviewed and approved by Mr s. Boi Linh Doig ,
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 critica l to the global economy and
national security. More information is available on the Company’s website ( www.bluemoonmetals.com).
About Fauskebygg AS
Fauskebygg A/S was established in 1946 and has over 75 years of experience as a construction company in Norway.
The company is located approximately 3 5km from site in the Fauske municipality and is primarily focused on local
projects within northern Nordland region but occasionally take s on projects outside this area. The company offers a
variety of services in civil engineering and construction and has expertise and capacity in tunnel driving, ground
support, concrete work and industrial construction.
Date:
News Release:
Ticker Symbols:
July 9, 2025
25-18
TSXV: MOON; OTCQB: BMOOF
Page 2 of 2
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 NSG 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.