Blue Moon Metals Inc.

RE-LOGGING PROGRAM

The Companyhas had access to approximately 18,000 metres of historical diamond drill core available for re-logging. The archive comprises the SU (underground drillholes) and NM (surface drillholes) drill campaigns completed by General Electric during the late 1970s and early 1980s. To date, 7,154 metres of historical core have been re-logged as part of the Company's ongoing validation and geological reinterpretation program. Historical sampling covered only approximately 5% of the available core and was limited only to tungsten assays despitep XRF confirmation of copper, molybdenum and silver mineralization, with no documented QA/QC procedures.

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The current re-logging and sampling program has increased sampling coverage to approximately 44% of the available core. Samples are being analyzed by ALS Geochemistry in Reno, Nevada, using analytical packages that include fire assay for gold, a 48-element multi-element suite, and XRF analysis for WO₃. Comprehensive QA/QC protocols have been implemented in accordance with CIM Best Practice Guidelines, providing a robust dataset to support future exploration targeting and resource evaluation.

The current sampling program includes quartering of previously assayed material anda large volume of previously untested, but mineralized rock. Due to the historical mining methods and tungsten prices, the drill core was “high-graded”, with focus only on skarn hosted scheelite rich zones. New assaying includes buffers to high grade mineralization, lower grade material, ore hosted outside the main skarn lenses including a major secondary source not considered previously - the Granodiorite Springer Stock. This intrusive hosts significant quartz veining, variable molybdenite, chalcopyrite, and tungsten mineralization and evidence of elevated bismuth bearing minerals.

Figure 3. NM-35 - 123.0-125.5m – Normal light

Figure 4. NM-35 - 123.0-125.5 m - Shortwave UV Light – 255 nm

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During the ongoing re-logging and re-sampling program conducted over the past several months, the exploration team has begun to observe clear indications that the granodiorite stocks associated with the tungsten skarn system at Springer may host a distinct system ofunsampled sheeted quartz veins. Such granod iorite stock can be seen in Figures 3 and 4. These vein sets macroscopically appear to be associated with bismuth and molybdenite mineralization. Additionally, based onpXRF measurements on site, a strong correlation between bismuthand tellurium has been identified. Based on logging to date, the skarn mineralization may only represent 12% of the total mineralized material.

Analytical results are pending and will be used to confirm whether the system may represent a Reduced Intrusion-Related Gold System (RIRGS). If confirmed, this would have significant positive implications for the company’s exploration strategy, as such systems are relatively uncommon and not well documented withinthe Mill City metallogenic district of Nevada.

Further work is planned, including detailed geophysical and geochemical surveys, geological mapping, and targeted exploration drilling, aimed at delineating the distribution, intensity, and continuity of the sheeted quartz vein systems within the granodioritic intrusions.