Blue Moon Metals Enters into MOU to Gain the Springer Vital Metals Mine and Processing Plant in Nevada and Pronounces its Goal to record at the NASDAQ
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Blue Moon Metals Enters into MOU to Gain the Springer Vital Metals Mine and Processing Plant in Nevada and Pronounces its Goal to record at the NASDAQ


TORONTO, Oct. 14, 2025 /PRNewswire/ – Blue Moon Metals Inc. (“Blue Moon” or the “Company“) (TSXV: MOON) (OTCQX: BMOOF), is happy to announce that it has entered right into a Memorandum of Figuring out (the “MOU“) dated October 10, 2025 with Items LG LLC (the “Seller“) to obtain the Springer Mine, Mill and all related infrastructure required for mineral processing in Pershing County, Nevada (the “Property“) (in combination the “Transaction“). Crowning glory of the Transaction is matter to the delight of various situations precedent together with the negotiation of a definitive commitment, the extension of positive H2O rights old through the Mill, and alternative normal situations for transactions of this nature. In change for exclusivity at the Trait, Blue Moon has equipped a US$500,000 non-refundable money fee to the Dealer.

The Springer Mill traditionally processed tungsten, and has an Ammonium Paratungstate (“APT”) circuit together with autoclave and similar reagent methods. The mill can cheerfully be changed to construct concentrates from important metals from change resources. Blue Moon intends to create a hub and spoke trade fashion through obtaining and creating smaller, prime grade underground important metals mines within the western United States (the “US”) and processing the mineralized subject material on the Springer Mill.  This technique is in-line with US federal executive efforts to advertise home manufacturing of important metals and scale down dependence on international provide chains.

The Springer Trait is composed of roughly 11,280 acres of mineral claims and rate lands. The mineral useful resource is positioned fully on personal rate lands. The historic mineral useful resource at the Trait is: (1)(2)(3)

  • Historic estimate of indicated sources of 355,000 lots @ 0.537% WO3
  • Historic estimate of inferred sources of one,933,600 lots @ 0.493% WO3

The mine infrastructure features a vertical shaft advanced indisposed to at least one,600 ft, a headframe and three compartment hoist and related apparatus.

Blue Moon Mine owned through the Corporate in California may provide as one such feed, which is ready 375 miles from the Mill through street. The main Union Pacific rail spur is 7 miles clear of the Mill and the website online used to be traditionally served through a railway siding that would probably be reinstated. The Mill is on personal land with adequate range to increase supplementary processing strains, and plentiful room for tailings growth, in addition to sturdy electric and street infrastructure. The Mill has a number of H2O rights which can be in excellent status in diverse levels, with some requiring extensions which will probably be situations precedent to this Transaction utmost as described above. Assuming all situations precedent are met, the Transaction is anticipated to near over refer to months.

One after the other, at the again of this Transaction and its US asset bottom, the Corporate could also be saying that it intends to use to record its regular stocks at the Nasdaq Capital Marketplace (the “NASDAQ“) with most probably checklist finished in Q1 2026. Christian Kargl-Simard, Blue Moon’s CEO feedback, “The acquisition of the Mill opens up a huge opportunity for the Company to develop smaller higher-grade mines covering the critical minerals space, including base metals, antimony and tungsten in the US. The time to be building mines in the US is now, and our team is specifically strong in construction, operations and mine finance. The decision to apply and list on the NASDAQ is a critical step in our growth strategy focusing on the critical metals supply chain, while rapidly advancing the Company. Recently our liquidity has been larger on many days on the OTCQX than our TSXV listing, so this is just a natural progression.”

Highlights of the Transaction

The Mill contains refer to property normally in excellent situation, lets in and rights:

Mine & Mill Amenities

  • Procedure plant ~1,200 tpd capability to construct tungsten concentrates and/or APT
  • Electric infrastructure together with major substation (69kV to 5kV), transformers, switchgear, MCCs, comfortable starters, substations
  • Crusher & conveying device
  • Ancillary amenities: hoist space, mine substation, repairs pads, attic, places of work
  • Tailings bank amenities (typical and parched stack)
  • Roads, tankage, and alternative miscellaneous floor infrastructure related to the operation
  • Aqua rights

Lets in & Authorizations

  • Switch of primary lets in together with however now not restricted to:
    • Aqua Air pollution Keep an eye on Allow
    • Breeze Trait Working Allow Magnificence II
    • Dam Lets in
    • Reclamation Allow & Bond
    • Business Synthetic Pool Allow

Certified Individuals

The technical and medical knowledge of this information let go has been reviewed and authorized through Mr. Dustin Little, P.Eng., a non-Sovereign Certified Particular person, as outlined through NI 43-101.

Notes:

(1)      As on the week of this information let go, a professional individual has now not finished adequate paintings to categorise this historic estimate as tide mineral sources or mineral reserves in response to NI 43-101 and Blue Moon isn’t treating the historic estimate as tide mineral sources or mineral reserves. To bring to make sure the historic estimate, the Corporate wishes to have interaction a professional individual to check the historic information, evaluate any paintings finished at the constituent because the week of the estimate and whole a brandnew technical document. Blue Moon perspectives this historic information as a trademark of the prospective dimension and grade of the mineralized deposits, and this knowledge is related to Corporate’s age plans with admire to the constituent.

(2)     Useful resource classification used to be carried out consistent with CIM pointers for indicated and inferred sources on the year and are in response to drill spacing and density; the estimate used to be introduced at 0.20 WO3% cutoff grade in response to approximate mining price of $40/ton, processing price of $13.50/ton, management price of $7/ton, mill medication of 82% and a WO3 worth of $11.50/lb. Rounding might lead to obvious summation variations between tonnes, grades and steel content material; now not regarded as subject material. 

(3)      The efficient week of this estimate is August 20, 2012, and is contained within the “Preliminary Economic Assessment of the Springer Tungsten Mine, Pershing County, Nevada, USA” dated December 31, 2013 and ready through Keith McCandlish of DMT Geosciences Ltd.

About Blue Moon

Blue Moon is advancing 3 brownfield polymetallic tasks, together with the Nussir copper-gold-silver mission in Norway, the NSG copper-zinc-gold-silver mission in Norway and the Blue Moon zinc-gold-silver-copper mission in the USA. All 3 tasks are smartly positioned with current native infrastructure together with roads, energy and historic infrastructure. Zinc and copper are recently at the USGS and EU record of metals important to the worldwide economic system and nationwide safety. Main shareholders come with Oaktree, Hartree, Wheaton Valuable Metals, Baker Metal Assets Accept as true with, LNS and Monial. Additional info is to be had at the Corporate’s website online (www.bluemoonmetals.com).

Neither TSX Project Alternate nor its Law Services and products Supplier (as that time period is outlined in insurance policies of the TSX Project Alternate) accepts duty for the adequacy or accuracy of this let go.

CAUTIONARY DISCLAIMER – FORWARD LOOKING STATEMENTS

This information let go comprises forward-looking statements and forward-looking knowledge (jointly “forward-looking information”) throughout the that means of appropriate securities rules when it comes to Blue Moon’s acquisition of the Mill and deliberate checklist of its regular stocks on NASDAQ. As well as, with out proscribing the generality of the foregoing, this information let go comprises forward-looking knowledge concerning refer to: The purchase of the Mill, the improvement of hub and spoke trade fashion and the purchase of alternative mines within the neighborhood of the Mill; the prospective significance of the Blue Moon Mine as a feed supply for the Mill; the prospective reinstatement of a railway siding in proximity to the Mill; the timeline for checklist of the Corporate’s regular stocks on NASDAQ; and alternative issues ancillary or incidental to the foregoing.

All statements integrated herein, alternative than statements of historic truth, is also forward-looking knowledge and such knowledge comes to diverse dangers and uncertainties. Ahead-looking knowledge is regularly, however now not at all times, recognized through the significance of phrases reminiscent of “seek”, “anticipate”, “plan”, “continue”, “estimate”, “expect”, “may”, “will”, “project”, “predict”, “potential”, “targeting”, “intend”, “could”, “might”, “should”, “believe” and homogeneous expressions.

We warning that each one forward-looking knowledge is inherently matter to switch and confusion and that original effects might range materially from the ones expressed or implied through the forward-looking knowledge. A lot of dangers, uncertainties and alternative elements may purpose original effects and occasions to range materially from the ones expressed or implied within the forward-looking knowledge or may purpose our tide goals, methods and intentions to switch. Accordingly, we warn buyers to workout warning when bearing in mind statements containing forward-looking knowledge and that it will be unreasonable to depend on such statements as developing prison rights referring to our age effects or plans. We can’t contract that any forward-looking knowledge will materialize and you might be cautioned to not playground undue reliance in this forward-looking knowledge. Any forward-looking knowledge contained on this information let go represents control’s tide expectancies and are in response to knowledge recently to be had to control, and are matter to switch later the week of this information let go. We’re underneath refuse legal responsibility (and we expressly deny this type of legal responsibility) to replace or adjust any statements containing forward-looking knowledge, the standards or suppositions underlying them, whether or not because of brandnew knowledge, age occasions or another way, with the exception of as required through regulation. All the forward-looking knowledge on this information let go is certified through the cautionary statements herein.                                                                                                     

A complete dialogue of alternative dangers that have an effect on Blue Moon can be present in its society experiences and filings which might be to be had at www.sedarplus.ca.

SOURCE Blue Moon Metals



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