Northwire Canada EditionFriday, September 25, 2026
Sign inSubscribe
Northwire
⌕
GOLD 4298.00 −0.5% SILVER 64.00 −1.5% COPPER 6.77 +0.3% OIL 94.61 +2.7% PALLADIUM 1274.00 +0.3% TSLV 0.075 −11.8% ESM 0.160 +0.0% IMM 0.060 +0.0% BRON 0.055 +0.0% NG 10.09 −1.1% EAM 0.075 +0.0% LUG 91.04 −0.7% MOLY 1.73 +1.8% V 0.340 +0.0% AUMB 0.810 −3.6% BYN 1.92 +0.5% RME 0.230 +0.0% TOM 0.195 +0.0% GNG 0.070 +0.0% ETL 0.780 −1.3% SGZ 0.035 +16.7% GOLD 4298.00 −0.5% SILVER 64.00 −1.5% COPPER 6.77 +0.3% OIL 94.61 +2.7% PALLADIUM 1274.00 +0.3% TSLV 0.075 −11.8% ESM 0.160 +0.0% IMM 0.060 +0.0% BRON 0.055 +0.0% NG 10.09 −1.1% EAM 0.075 +0.0% LUG 91.04 −0.7% MOLY 1.73 +1.8% V 0.340 +0.0% AUMB 0.810 −3.6% BYN 1.92 +0.5% RME 0.230 +0.0% TOM 0.195 +0.0% GNG 0.070 +0.0% ETL 0.780 −1.3% SGZ 0.035 +16.7%
Drill Results

Blue Moon Commences Construction of Exploration Decline at its Blue Moon Mine in Mariposa County, California

By The Northwire Desk — AI Analysis Oct 06, 2025 · 06:45 MOON · 3.36 Blue Moon Metals Inc.
MOON · Price

Executive Summary

  • Blue Moon Metals announced the start of construction on a 2,500‑ft underground exploration decline at its Blue Moon VMS project in Mariposa County, California (commenced Oct 5, 2025).
  • The decline will enable underground infill drilling, geotechnical and metallurgical testing, and support future feasibility studies and potential mine commercialization; the first segment is slated for completion in Q2‑2026.
  • The company also entered a one‑year investor‑relations services agreement with SRC Swiss Resource Capital AG, payable CHF 5,000 per month, renewable quarterly.

Key Details

  • Project Milestone: Construction of the exploration decline officially began on 5 Oct 2025; contract awarded to Small Mine Development, L.L.C. (SMD).
  • Decline Scope: Initial 2,500 ft of underground tunnel to be finished by Q2‑2026, providing access for:
  • Infill and exploration drilling
  • Geotechnical studies
  • Metallurgical test work
  • Underground mining condition assessments
  • Operational Impact: Enables simultaneous underground drilling as the decline advances, accelerating data collection for feasibility studies and a potential commercial mine decision.
  • Contractor: Small Mine Development, L.L.C., specialist in underground hard‑rock mining and project development.
  • Investor Relations Agreement:
  • Parties: Blue Moon Metals Inc. & SRC Swiss Resource Capital AG (SRC)
  • Effective Date: 6 Oct 2025; term – one year, auto‑renewable quarterly
  • Termination: Either party may terminate with seven (7) days written notice
  • Services: Investor‑relations communications, media creation, representation at trade/investment shows, dissemination of information to shareholders and potential investors
  • Compensation: CHF 5,000 per month plus additional fees for special services (e.g., trade shows)
  • Qualified Person: Technical content reviewed and approved by Dustin Small, P.Eng., non‑independent Qualified Person under NI 43‑101.

Notable Quotes

“The commencement of decline construction is a transformative moment for Blue Moon. Moving underground allows us to accelerate exploration drilling and technical studies, while maintaining a very small surface footprint.” – Christian Kargl‑Simard, CEO & Director, Blue Moon Metals

All boilerplate, forward‑looking disclaimer, and “About the Company” sections have been omitted.

Read the original news release →

More from Blue Moon Metals Inc.

Sep 23, 2026 · 07:00

Blue Moon’s Turner VMS acquisition in Oregon expands its hub-and-spoke strategy, adding high-grade VMS deposits to its portfolio.

M&A / Property Sep 22, 2026 · 07:00

Blue Moon’s Springer re-assay confirms historical grades but adds no new scale to the deposit.

Drill Results Sep 14, 2026 · 05:30

DoW-backed Elmet injects US$150M to restart the Nevada tungsten project, targeting high-grade mineralisation across wide intercepts at the deposit.

Financings Sep 03, 2026 · 08:56

Blue Moon acquires Nevada land for $8m, doubling Springer water rights to support its mining operations in the region.

M&A / Property Aug 20, 2026 · 17:40

Blue Moon has secured Springer permits and construction authorization for a tungsten restart targeted for late-2027.

Production / Operations Aug 13, 2026 · 11:38

Blue Moon disputes Viceroy’s claims while a Norwegian ESA review maintains the risk to its Nussir project permit.

Regulatory