Blue Moon Metals Inc
Capital Structure
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in mil. unless spec.Company Description
- CEO
- Christian Kargl-Simard
- Full Time Employees
- 27
- Sector
- Non-energy minerals
- Industry
- Other metals/Minerals
- Address
- 550-220 Bay Street Toronto ON Canada M5J 2W4
- IPO Date
- Oct 25, 2007
- Website
- bluemoonmetals.com
- Similar Companies
- Business
- Blue Moon Metals Inc. (TSXV: MOON) is a Canadian mineral exploration and development company focused on advancing brownfield polymetallic projects containing critical metals including zinc, copper, gold, silver, lead and by-products such as barite, gypsum and pyrite. Incorporated in 2007 and headquartered in Toronto, Ontario, the company holds 100% interest in the Blue Moon zinc-gold-silver-copper property comprising patented and unpatented lode mineral claims in Mariposa County, east-central California, United States; an interest in the Nussir copper-gold-silver project located in Finnmark county, northern Norway; and an interest in the Sulitjelma (NSG) copper-zinc-gold-silver project also in northern Norway. These sediment-hosted and volcanogenic massive sulfide (VMS) deposits benefit from existing regional infrastructure including roads, power, historical processing sites and proximity to ports and rail, targeting mining and industrial customers in North America and Europe. Core products and services encompass exploration, resource delineation, preliminary economic assessments, feasibility studies, underground development, permitting and eventual production of zinc, copper, gold, silver, lead concentrates and specialty industrial minerals from its advanced-stage brownfield assets, with the Blue Moon project featuring an updated March 2025 NI 43-101 mineral resource estimate of 3.65 million indicated tons at 13.46% zinc equivalent (436 million pounds zinc, 54 million pounds copper, 5.4 million ounces silver, 0.16 million ounces gold) plus 4.43 million inferred tons at 12.12% zinc equivalent, open at depth and along strike; Nussir offering a permitted underground copper-gold-silver mine with over $100 million in existing infrastructure targeting production by mid-2027; and NSG providing a historic high-grade VMS district with 50-100 million tons exploration potential and new resource estimates. In December 2024, Blue Moon closed a C$30 million brokered equity financing led by strategic investors Hartree Partners LP, Wheaton Precious Metals Corp. and Leonhard Nilsen & Sønner AS (LNS), which together subscribed for over 50% of the offering and implied an enterprise value of approximately US$100 million fully-diluted in-the-money; signed definitive agreements to acquire all shares of Nussir ASA and Nye Sulitjelma Gruver AS for US$67.3 million in equity and cash plus milestone payments; entered a long-term offtake agreement with Hartree for Nussir concentrates and a right of last offer for Blue Moon and NSG volumes; awarded LNS a mining contract for Nussir construction and operations plus additional share subscriptions tied to decline construction milestones; and completed the Norwegian acquisitions by end-February 2025 alongside appointing Skott Mealer as President and COO and Theodore Veligrakis as VP Exploration. Recent advancements include selection of Worley for an NI 43-101 feasibility study on Nussir targeting Q1 2026 with basic engineering; a mining contract for portal and exploration decline construction at Blue Moon commencing Q3-Q4 2025; US permitting milestones for underground exploration at Blue Moon; OTCQX uplisting under BMOOF; a maiden PEA for Blue Moon released post-acquisitions; and new NSG resource estimates, positioning the company for optimized recoveries of 85-95% across key metals with potential annual cash flows of $200-250 million by decade-end.
Company News
Blue Moon Announces Further Results from Assays at Springer, Including a New Intercept of 0.3 m of 7.84% WO₃
Blue Moon Acquires the Turner Copper-Gold VMS Deposit to Further Advance its Western U.S. Critical Mineral Hub and Spoke Model
Blue Moon Announces Initial Results from Assay Campaign of Historical Drilling at Springer, Including 7.00 m of 1.28% WO₃, Receives BLM Approval to Drill on Public Land and Advances Exploration Initiatives
Blue Moon, The Elmet Group, and EQ Resources Announce a US$150-$175 Million Investment into the Springer Tungsten Complex, Nevada, to Strengthen the U.S. Tungsten Supply Chain
Blue Moon Metals: Processing Infrastructure Anchors The Bull Case
Blue Moon Acquires Strategic Water Rights and Land Package for Springer
Deutsche Bank AG Grows Stock Position in Blue Moon Metals Inc. $BMM
Blue Moon Metals Secures Water Pollution Control Permit, Approval of Construction for the Tailings Storage Facility, and Posts Reclamation Bond Allowing Start of Construction at its Springer Tungsten Project
Blue Moon Clarifies State of Nussir Project
Blue Moon Clarifies State of Nussir Project
Blue Moon Metals Acquires 33 Tungsten and Antimony Projects in the Western United States Becoming a Significant U.S. Tungsten, Germanium, Gallium and Antimony Owner in the U.S.
Blue Moon Announces Initial Results from Ongoing Infill Drilling Campaign at its Nussir Project and Further Deep Drilling Exploration Results
Blue Moon Announces Voting Results from Annual General and Special Meeting
Blue Moon Announces Springer Tungsten 67,000 Metre Diamond Drill Program Focused on Resource Definition and Exploration and 18,000 Metre Historical Core Re-logging Program
Blue Moon Reports Assay of 0.180% Germanium, 0.0273% Gallium and 1.96% Copper from Bulk Sample at Apex and Provides Apex Project Update
Blue Moon Metals and Alpha Future Funds Announce Signing of Binding Agreement to Combine Holdings in the Sulitjelma Mining District, Norway
Blue Moon Metals Awards EPC Contract for Nussir Processing Plant and Receives Approval of Waste Management Plan, Final Mine Plan and Extended Discharge Permit
Blue Moon Metals: A Brownfield Critical Metals Platform Moving From Story To Construction
Blue Moon Closes Previously Announced Acquisition of Claims Adjacent to Springer Tungsten
Blue Moon Metals Announces Key Strategic Appointments