Welcome to our dedicated page for Blue Moon Metals news (Ticker: BMOOF), a resource for investors and traders seeking the latest updates and insights on Blue Moon Metals stock.
Blue Moon Metals Inc (BMOOF) delivers essential updates on mineral exploration and sustainable mining operations through this centralized news hub. Investors and industry observers will find authoritative reporting on the company's progress in developing its flagship Blue Moon project, known for zinc, copper, and precious metal resources.
Track official press releases covering critical developments including economic assessments, regulatory milestones, and environmental compliance initiatives. Our curated collection ensures timely access to earnings announcements, resource estimates validated by multi-year pricing models, and updates on water management strategies central to the company's operations.
This resource simplifies monitoring of BMOOF's adherence to California Environmental Quality Act standards and technical advancements in mineral processing. Bookmark this page for direct access to primary source materials that inform investment decisions and industry analysis.
Blue Moon Metals (TSXV: MOON; OTCQX: BMOOF) has appointed Boi Linh Doig as Vice-President, Mining to strengthen its management team for developing three polymetallic brownfield projects. Doig brings over 20 years of underground mining experience, most recently serving as Principal Projects Engineer at Evolution Mining – Red Lake Operations.
Her previous roles include Chief Mine Engineer at Newmont Goldcorp's Red Lake Gold Mines and Engineering Team Leader at Goldcorp's Musselwhite Mine. Doig holds a Bachelor of Applied Sciences in Mineral Engineering from the University of Toronto and is a licensed Professional Engineer.
The company has awarded 25,000 restricted share units vesting over three years and 60,000 incentive stock options at C$4.10 per share, exercisable for five years and vesting over three years.
Blue Moon Metals Inc. (TSXV: MOON; OTCQX: BMOOF) has announced its upgrade from the OTCQB® Venture Market to the OTCQX® Best Market, the highest tier of U.S. OTC markets. The company's common shares now trade under the ticker symbol 'BMOOF' on the OTCQX platform.
This strategic move is designed to enhance the company's visibility and accessibility to U.S. investors, particularly benefiting their critical metals mining business centered around the Blue Moon Mine. CEO Christian Kargl-Simard emphasized this upgrade as a significant milestone in strengthening their presence in U.S. capital markets.
Blue Moon Metals (OTCQB: BMOOF) has received Bureau of Land Management (BLM) approval for underground exploration at its Blue Moon Critical Minerals Project in Mariposa County, California. The approval enables the construction of a portal and tunnel for mineral exploration activities at the volcanogenic massive sulphide deposit.
The underground exploration program, estimated to cost US$31M, is scheduled to begin construction in Q3-2025, creating approximately 20 new jobs. The program will support a feasibility study expected to be completed in 24 months. The project received support from Congressman Tom McClintock and aligns with a recent Executive Order to increase American mineral production.
According to the March 2025 Preliminary Economic Assessment (PEA), the project demonstrates top decile economics with an after-tax rate of return exceeding 50% at current spot prices. The company plans to fund the program through a combination of royalty sales, equity, and an existing Hartree Partners standby facility.
Blue Moon Metals (TSXV: MOON; OTCQB: BMOOF) announces the reinstatement of its common shares quotation on the OTCQB Market exchange in the United States, effective April 14, 2025, under the symbol BMOOF. The quotation was previously suspended during the company's trading halt on TSXV, which occurred during its transformational acquisition of two Norwegian projects: the Nussir copper-gold-silver project and the NSG copper-zinc-gold-silver project.
Following the resumption of TSXV trading on March 14, 2025, Blue Moon applied for OTCQB reinstatement. This dual-listing strategy aims to provide existing shareholders with an additional trading platform while expanding the company's investor base in the United States. The company maintains 100% ownership of its Blue Moon zinc-gold-silver-copper project located in the United States.
Blue Moon Metals (TSXV: MOON) has announced a maiden NI 43-101 mineral resource estimate for its Sulitjelma VMS deposit in Norway. The resource includes 17 million tonnes grading 1.06% Cu and 0.21% Zn in the inferred category across three deposits.
The project is located in a historic mining district that produced 26 Mt of 1.80% Cu between 1891-1991. The company has received approval to extend an existing mine tunnel by 1 km and plans to complete 10,000m of underground drilling with a budget of 37 MNOK (~US$3.4M).
Key highlights include:
- Access to historical processing plant infrastructure for nominal value (1 NOK)
- Notable historical intercepts including 3.2m grading 6.82% Cu and 0.85% Zn
- Underground development planned to start in Q3-2025
- Resource based on 601 historic diamond drillholes totaling 78,144m
Blue Moon Metals (TSXV: MOON) announces that the Norwegian Ministry of Trade, Industry and Fisheries has upheld the Operating License and extended deadline for the Nussir Mine operations in the final possible appeal. The license remains valid if mining activities commence by September 2027.
The company's Norwegian subsidiary has secured all primary permits for construction and operations, including operating license, extraction permit, environmental permit, and zoning plan. Secondary permits are either granted or in process. Blue Moon is reviewing the 2023 JORC feasibility study and engaging in engineering optimization.
Pre-construction activities, including underground drilling for reserve conversion and geotechnical purposes, are set to begin in 2025 with a US$30 million budget. The project is fully financed through existing cash and the Hartree standby credit facility announced in December 2024. An updated feasibility study is expected in first half of 2026.
Blue Moon Metals (TSXV: MOON) announced the resumption of trading on March 14, 2025, following a halt since November 27, 2024. The company completed significant acquisitions including Nussir ASA and Nye Sulitjelma Gruver AS on February 26, 2025, followed by acquiring Repparfjord Eiendom AS with associated infrastructure for the Nussir Project in Norway.
The company successfully raised $35.4 million through equity financings at $3.00 per share post-consolidation, with mining contractor LNS contributing $4.2 million and committing an additional $2.3 million tied to project milestones. Blue Moon has been approved for graduation from Tier 2 to Tier 1 status on the TSXV, reflecting enhanced standards and reduced filing requirements.
A 10:1 share consolidation will be implemented, resulting in approximately 51.1 million post-consolidation shares outstanding.
Blue Moon Metals (TSXV: MOON) has announced a transformational acquisition of Repparfjord Eiendom AS (REAS) from Wergeland Eigedom AS for approximately US$16 million, paid through 42.1 million common shares and US$7.2M in cash. The deal includes important infrastructure for the Nussir Project in Norway.
Key acquired assets include:
- Modern ship-loading and conveyer system with port facilities
- Operating aggregate mine
- Construction barracks and administrative buildings
- 6,000 tpd flotation plant facility
- Water reservoir license and ancillary lands
Additionally, Hartree Partners has invested C$5.25 million by purchasing 17.5 million shares at C$0.30 per share, now holding approximately 8% of Blue Moon. The company also announced a 10:1 share consolidation effective March 14, 2025, reducing outstanding shares to approximately 51.1 million.
Blue Moon Metals (TSXV: MOON) has announced a proposed share consolidation, pending regulatory and TSX Venture Exchange approval. The consolidation will be conducted on a ratio of up to 10:1, meaning every ten existing shares will be converted into one new share.
Under the maximum proposed ratio, the company's current 451,492,486 outstanding common shares would be reduced to approximately 45,149,248 shares. The final consolidation ratio will be determined by the Board within regulatory requirements. Fractional shares will be rounded up if 0.5 or greater, and down if less than 0.5.
The company's name and trading symbol will remain unchanged. The consolidation will be conducted on a 'push-out' basis, requiring no action from shareholders. The Directors believe this move will enhance share marketability and facilitate future financing opportunities.
Blue Moon Metals (TSXV: MOON) announced positive results from its Preliminary Economic Assessment (PEA) for the Blue Moon VMS deposit in Mariposa County, California. The study outlines development plans for an underground mine producing zinc and copper concentrates.
Key highlights include:
- 1,800 tonnes per day throughput capacity
- After-tax base case IRR of 38%
- Underground mining using long-hole drilling and stoping
- Construction expected to start in 2026, subject to permitting
- Project to create 250 permanent jobs and 1,000 temporary construction jobs
The project features an updated Mineral Resource estimate based on 87 drill holes. The company plans to continue engineering and development activities, with the next step being permitting an exploration ramp for infill and exploration drilling to support a feasibility study. Baseline environmental studies are currently underway.
