Blue Moon Metals Inc. reported on the results of last Fall's exploration program at its property, a polymetallic project containing zinc, silver, gold, and copper located in Mariposa County, California. Two key outcomes of the 2021 program are: The discovery of an additional massive sulphide zone located west of the current resource, referred to as the South Zone, which remains open to the south and up dip; Extension of the American Eagle Zone from surface to a depth of over 700 metres. South Zone (New Discovery): The newly discovered South Zone was made testing a geophysics conductor target, located west of the three previously discovered mineral zones and south of the American Eagle workings.

This new Zone was discovered deep and lateral to the previous mineral system. The Zinc Sulfide (Sphalerite) encountered in this new discovery has sphalerite of a different hue from the other zones which may indicate a separate emplacement pulse with slightly different timing. The mineralization cut in BM21-83 consists of bands and massive intervals of sphalerite along with blebs of other sulphides including pyrite, chalcopyrite and galena.

Additional drilling is required to define the full extent and grade of this new massive sulphide lens. The mineralization cut in BM21-83 is similar to that found at the margins of other massive sulphide lens on the property and the Company believes BM21-83 could be at the northern edge of this new massive sulphide lens. Drill hole BM21-82 was terminated early after the hole failed to flatten sufficiently and was re-drilled with BM21-83 that hit its target.

BM21-84 was attempting to test the southern extension of the American Eagle lens but deviated too far to the north and shallowed such that it missed the planned test site. Drilling on the Blue Moon property can be challenging due to the alternating hardness of the rock and even with special bits the holes often deviate excessively and do not reach their planned targets.