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S 0.140 +0.0% BNKR 4.40 −2.2% QRO 0.045 +0.0% VCT 0.075 +36.4% PPP 1.15 +0.9% LMG 0.390 +0.0% GRDM 0.140 +0.0% ABRA 13.58 −4.1% WHY 0.295 +1.7% HHH 3.94 −0.2% COS 0.060 +0.0% NOB 0.065 −23.5% MEK 0.055 +0.0% TGOL 0.105 −4.5% FCI 0.400 −7.0% SGQ 0.350 +0.0% S 0.140 +0.0% BNKR 4.40 −2.2% QRO 0.045 +0.0% VCT 0.075 +36.4% PPP 1.15 +0.9% LMG 0.390 +0.0% GRDM 0.140 +0.0% ABRA 13.58 −4.1% WHY 0.295 +1.7% HHH 3.94 −0.2% COS 0.060 +0.0% NOB 0.065 −23.5% MEK 0.055 +0.0% TGOL 0.105 −4.5% FCI 0.400 −7.0% SGQ 0.350 +0.0%
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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