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

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.