Blue Moon Metals Inc. announced the results of its updated Mineral Resource estimate for its 100% owned Blue Moon Project located in the United States. The Mineral Resource was updated to incorporate drilling results from the last three drill programs. The Blue Moon project is a high-quality polymetallic deposit with excellent exploration and expansion opportunities. Highlights of the updated Mineral Resource estimate include: Increase in confidence in the geological model with the upgrade of approximately 48% of the resource to the indicated Mineral Resource category.

The zinc grade of the Mineral Resource estimate has increased by approximately 22% and the zinc equivalent grade has increased by approximately 35%, respectively, as compared to the prior Mineral Resource estimate issued in 2018. The increase in grades and contained metals sets the stage for a Preliminary Economic Assessment (?PEA?) to better understand the economic viability of the project and determine the next steps in advancing the Blue Moon project.