Blue Moon Receives Environmental Permits and Awards Mining Contract for Tunnel Extension at NSG in Nordland County, Norway
Blue Moon Metals (OTCQB:BMOOF) has achieved two significant milestones for its Sulitjelma Project in Norway: obtaining environmental permits from the Norwegian Environmental Agency and awarding a tunnel extension contract to Fauskebygg AS.
The company plans a 10,000m exploration drilling program at the Rupsi Deposit, which currently holds an Inferred Resource of 9.258 Mt at 1.19% Cu and 0.31% Zn. The program aims to upgrade the resource classification from Inferred to Indicated category and expand the current resource base.
Work is scheduled to begin in late Q3-2025 with completion expected in Q3-2027. The program includes geological mapping, geochemistry analysis, geophysical surveys, and historical core relogging.
Blue Moon Metals (OTCQB:BMOOF) ha raggiunto due importanti traguardi per il suo Progetto Sulitjelma in Norvegia: l'ottenimento dei permessi ambientali dall'Agenzia Ambientale Norvegese e l'assegnazione del contratto per l'estensione del tunnel a Fauskebygg AS.
L'azienda prevede un programma di perforazione esplorativa di 10.000 m presso il Deposito Rupsi, che attualmente dispone di una Risorsa Inferita di 9,258 Mt con il 1,19% di Cu e lo 0,31% di Zn. L'obiettivo del programma è aggiornare la classificazione della risorsa da Inferita a Indicata ed espandere la base attuale delle risorse.
I lavori sono programmati per iniziare nella fine del terzo trimestre 2025 e il completamento è previsto per il terzo trimestre 2027. Il programma comprende mappatura geologica, analisi geochimiche, indagini geofisiche e la rilogatura di carote storiche.
Blue Moon Metals (OTCQB:BMOOF) ha alcanzado dos hitos importantes para su Proyecto Sulitjelma en Noruega: la obtención de permisos ambientales de la Agencia Ambiental Noruega y la adjudicación del contrato para la extensión del túnel a Fauskebygg AS.
La compañía planea un programa de perforación exploratoria de 10,000 m en el Depósito Rupsi, que actualmente posee un Recurso Inferido de 9.258 Mt con 1.19% de Cu y 0.31% de Zn. El programa busca mejorar la clasificación del recurso de Inferido a Indicado y ampliar la base actual de recursos.
Los trabajos están programados para comenzar a finales del tercer trimestre de 2025 y se espera que finalicen en el tercer trimestre de 2027. El programa incluye mapeo geológico, análisis geoquímicos, encuestas geofísicas y re-registración de núcleos históricos.
Blue Moon Metals (OTCQB:BMOOF)는 노르웨이 Sulitjelma 프로젝트에서 두 가지 중요한 이정표를 달성했습니다: 노르웨이 환경청으로부터 환경 허가를 받았으며, 터널 연장 계약을 Fauskebygg AS에 수주했습니다.
회사는 현재 9.258 Mt, 구리 1.19%, 아연 0.31%의 추정 자원(Inferred Resource)을 보유한 Rupsi 광상에서 10,000m 탐사 시추 프로그램을 계획하고 있습니다. 이 프로그램은 자원 등급을 추정(Inferred)에서 확인(Indicated)으로 상향 조정하고 현재 자원 기반을 확장하는 것을 목표로 합니다.
작업은 2025년 3분기 말에 시작되어 2027년 3분기에 완료될 예정입니다. 프로그램에는 지질 매핑, 지구화학 분석, 지구물리 조사 및 과거 시추 코어 재분석이 포함됩니다.
Blue Moon Metals (OTCQB:BMOOF) a franchi deux étapes importantes pour son projet Sulitjelma en Norvège : l'obtention des permis environnementaux auprès de l'Agence norvégienne de l'environnement et l'attribution d'un contrat d'extension de tunnel à Fauskebygg AS.
La société prévoit un programme de forage exploratoire de 10 000 m au gisement de Rupsi, qui détient actuellement une ressource inférée de 9,258 Mt à 1,19 % de Cu et 0,31 % de Zn. Le programme vise à reclasser la ressource de catégorie inférée à indiquée et à étendre la base actuelle des ressources.
Les travaux devraient commencer à la fin du troisième trimestre 2025 pour s'achever au troisième trimestre 2027. Le programme comprend la cartographie géologique, l'analyse géochimique, les levés géophysiques et la relecture des carottes historiques.
Blue Moon Metals (OTCQB:BMOOF) hat zwei bedeutende Meilensteine für sein Sulitjelma-Projekt in Norwegen erreicht: die Erlangung von Umweltgenehmigungen von der Norwegischen Umweltbehörde und die Vergabe eines Vertrags für die Tunnelverlängerung an Fauskebygg AS.
Das Unternehmen plant ein 10.000 m Erkundungsbohrprogramm am Rupsi-Lagerstätte, die derzeit über eine Inferred Resource von 9,258 Mt mit 1,19% Cu und 0,31% Zn verfügt. Ziel des Programms ist es, die Ressourcenkategorie von Inferred auf Indicated zu erhöhen und die aktuelle Ressourcengrundlage zu erweitern.
Die Arbeiten sollen Ende Q3 2025 beginnen und voraussichtlich im Q3 2027 abgeschlossen sein. Das Programm umfasst geologische Kartierung, geochemische Analysen, geophysikalische Untersuchungen und die Neubeurteilung historischer Bohrkerne.
- Receipt of environmental permits from Norwegian Environmental Agency
- Contract awarded to local Norwegian contractor Fauskebygg AS
- Comprehensive 10,000m exploration drilling program planned
- Current Inferred Resource of 9.258 Mt with 1.19% Cu and 0.31% Zn content
- Extended timeline with completion not expected until Q3-2027
- Resources currently only in Inferred category with no certainty of conversion to Reserves
TORONTO, July 09, 2025 (GLOBE NEWSWIRE) -- Blue Moon Metals Inc. (“Blue Moon” or the “Company”) (TSXV: MOON; OTCQB: BMOOF), is pleased to announce the receipt of environmental permits for its planned activities from the Norwegian Environmental Agency and the awarding of a contract to Fauskebygg AS (“Fauskebygg”) for the extension of its Rupsi tunnel at Nye Sulitjelma Gruver AS (“NSG”).
The extension will facilitate more efficient and effective exploration drilling of the Rupsi/Dypet deposits (the “Rupsi Deposit”). This work represents a major milestone for the Sulitjelma Project as Blue Moon plans to complete a 10,000 m exploration drilling program from the tunnel with the intent to upgrade the resource from the Inferred category to Indicated category, expand on the current resource and gather geotechnical and metallurgical data. The Rupsi Deposit currently has an Inferred Resource of 9.258 Mt at
Blue Moon undertook a limited formal request for proposal process to select a contractor from within Norway. The proposal from Fauskebygg was well aligned with key priorities for health & safety, local employment, cost, and performance. Activities will commence late Q3-2025 with completion expected Q3-2027. The associated exploration drilling program will progress concurrently with tunnel advancement. In addition to drilling, the exploration program includes geological mapping, soil and core geochemistry analysis, geophysical surveys, and relogging of historical drill core to further refine the geological model and optimize drill targeting.
Qualified Persons
The technical and scientific information of this news release has been reviewed and approved by Mrs. Boi Linh Doig, P.Eng., a non-Independent Qualified Person, as defined by NI 43-101.
About Blue Moon
Blue Moon is advancing 3 brownfield polymetallic projects, including the Nussir copper-gold-silver project in Norway, the NSG copper-zinc-gold-silver project in Norway and the Blue Moon zinc-gold-silver-copper project in the United States. All 3 projects are well located with existing local infrastructure including roads, power and historical infrastructure. Zinc and copper are currently on the USGS and EU list of metals critical to the global economy and national security. More information is available on the Company’s website (www.bluemoonmetals.com).
About Fauskebygg AS
Fauskebygg A/S was established in 1946 and has over 75 years of experience as a construction company in Norway. The company is located approximately 35km from site in the Fauske municipality and is primarily focused on local projects within northern Nordland region but occasionally takes on projects outside this area. The company offers a variety of services in civil engineering and construction and has expertise and capacity in tunnel driving, ground support, concrete work and industrial construction.
For further information:
Blue Moon Metals Inc.
Christian Kargl-Simard
CEO and Director
Phone: (416) 230 3440
Email: christian@bluemoonmetals.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
CAUTIONARY DISCLAIMER - FORWARD LOOKING STATEMENTS
This news release includes “forward-looking statements” and “forward-looking information” within the meaning of applicable Canadian and U.S. securities laws. All statements included herein that address events or developments that we expect to occur in the future are forward-looking statements. Forward-looking information may in some cases be identified by words such as “will”, “anticipates”, “expects”, “intends” and similar expressions suggesting future events or future performance.
We caution that all forward-looking information is inherently subject to change and uncertainty and that actual results may differ materially from those expressed or implied by the forward-looking information. A number of risks, uncertainties and other factors could cause actual results and events to differ materially from those expressed or implied in the forward-looking information or could cause our current objectives, strategies and intentions to change. Accordingly, we warn investors to exercise caution when considering statements containing forward-looking information and that it would be unreasonable to rely on such statements as creating legal rights regarding our future results or plans. We cannot guarantee that any forward-looking information will materialize and you are cautioned not to place undue reliance on this forward-looking information. Any forward-looking information contained in this news release represents management’s current expectations and are based on information currently available to management, and are subject to change after the date of this news release. We are under no obligation (and we expressly disclaim any such obligation) to update or alter any statements containing forward-looking information, the factors or assumptions underlying them, whether as a result of new information, future events or otherwise, except as required by law. All of the forward-looking information in this news release is qualified by the cautionary statements herein.
Forward-looking information is provided herein for the purpose of giving information about NSG and its expected impact. Readers are cautioned that such information may not be appropriate for other purposes.
A comprehensive discussion of other risks that impact Blue Moon can also be found in its public reports and filings which are available at www.sedarplus.ca.
FAQ
What permits did Blue Moon Metals (BMOOF) receive for its Norway project in July 2025?
What is the current resource estimate for Blue Moon's Rupsi Deposit?
When will Blue Moon's Rupsi tunnel extension project be completed?
What is the scope of Blue Moon's exploration program at the Sulitjelma Project?
Who will construct the tunnel extension for Blue Moon's Norway project?
