Blue Moon completes Nussir Project feasibility study

News provided by Blue Moon Metals Apr 16, 2026, 06:45 ET Share this article Share to X Share this article Share to X Strong Economic Results, Including Average Annual Free Cash Flow of $77M using Consensus Prices TORONTO , April 16, 2026 /PRNewswire/ - Blue Moon Metals Inc. (" Blue Moon " or the " Company ") (TSXV: MOON) (NASDAQ: BMM ) is pleased to announce the completion of a feasibility study (" Feasibility Study " or " FS ") for its Nussir project (" Project "), located in northern Norway. The Feasibility Study results are supported by an independent technical report (the " Technical Report ") prepared in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects (" NI 43-101 "), which is expected to be filed on SEDAR+ at www.sedarplus.ca within 45 days. The Feasibility Study was commissioned by Blue Moon and carried out by Worley Europe Limited with an effective date of April 14, 2026.

The Feasibility Study provides an update to certain previously prepared studies on the Project, including a 2023 study of feasibility prepared in accordance with the Joint Ore Reserves Committee Code (JORC), and the technical report titled "Report 43-101 Technical Report On The Mineral Resources Of The Nussir And Ulveryggen Projects, Norway", dated January 24, 2025 (as amended and restated on September 12, 2025) with an effective date of January 20, 2025, prepared by Adam Wheeler, B.Sc., M.Sc., C.Eng., Eur Ing., FIMMM. This Feasibility Study considers only the underground resource estimate in the Nussir deposit and not the Ulveryggen deposit. All financial figures herein are presented in United States dollars.

Continue Reading Figure 1: Long Section of Mine Design at Nussir (CNW Group/Blue Moon Metals) Figure 2: Life of Mine Production (CNW Group/Blue Moon Metals) View PDF Blue Moon Announces Results of Nussir Project Feasibility Study (CNW Group/Blue Moon Metals) The Company believes t