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Drill Results

Blue Moon begins mine exploration decline construction

By The Northwire Desk — AI Analysis Oct 06, 2025 · 15:22 MOON · 3.36 Blue Moon Metals Inc.
MOON · Price

Executive Summary

  • Blue Moon Metals Inc. began construction of a 2,500‑ft underground exploration decline at its Blue Moon VMS project in Mariposa County, California on Oct. 5, 2025, marking a key milestone toward feasibility studies and potential mine commercialization.
  • The decline will enable simultaneous underground infill drilling, geotechnical and metallurgical testing, and mining condition studies, with the first 2,500 ft slated for completion in Q2 2026.
  • Blue Moon entered into a one‑year investor‑relations services agreement with SRC Swiss Resource Capital AG, paying CHF 5,000 per month plus fees for special services.

Key Details

  • Construction Start: Oct. 5, 2025; contract awarded to Small Mine Development LLC (SMD).
  • Scope of Decline: Initial 2,500 ft underground tunnel providing access for infill/exploration drilling, geotechnical and metallurgical test work, and underground mining condition studies.
  • Timeline: First 2,500 ft expected complete by Q2 2026; drilling to commence concurrently as the decline advances.
  • Purpose: Generate data to support future feasibility studies and a potential mine commercialization decision for the Blue Moon VMS deposit.
  • CEO Quote: “The commencement of decline construction is a transformative moment… we are excited to advance toward unlocking the full potential of the Blue Moon deposit.” – Christian Kargl‑Simard, CEO.
  • Investor Relations Agreement: Effective Oct. 6, 2025; term one year, automatically renewable quarterly; either party may terminate with seven days’ written notice.
  • Services Provided by SRC: Communications and investor‑relations services, media creation (interviews, videos), representation at trade/investment shows.
  • Compensation: CHF 5,000 per month plus additional fees for special services.
  • SRC Details: Private company based in Herisau, Switzerland; CEO Jochen Staiger; no ownership of Blue Moon securities.
  • Qualified Person Review: Technical information reviewed and approved by Dustin Small, PEng (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, Blue Moon Metals Inc.

Read the original news release →

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

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Drill Results Sep 14, 2026 · 05:30

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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.

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