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Disclaimer April 2021

Blue Moon Metals Inc.

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Symbol .............. MOON
Market ............... TSX Venture Exchange
Shares O/S ........ Approx. 129.29 million (as at April 2021)
Note: Quotes delayed at least 20 minutes     Details Stock Quote

Officers and Directors
Patrick McGrath - CEO and Director
Varun Prasad - Chief Financial Officer
Jack McClintock - Director
Douglas Urch - Director
Jonathan Gagné - Director

Technical Team
Mike Petrina - Technical Advisor
Lawrence O'Connor - Technical Advisor

    Invest in Metals (Zn + Ag) that power Electric Vehicles and Solar Cells    

Company Overview

Blue Moon Metals Inc. is a mineral exploration and development company currently advancing its 100% owned Blue Moon polymetallic deposit in California which contains zinc, gold, silver and copper. The deposit is open at depth and along strike. The Blue Moon 43-101 Mineral Resource includes 7.8 million inferred tons at 8.07% zinc equivalent (4.95% zinc, 0.04 oz/t gold, 0.46% copper, 1.33 oz/t silver), containing 771 million pounds of zinc, 300,000 ounces of gold, 71 million pounds of copper, and 10 million ounces of silver. Blue Moon also holds 100% of the Yava zinc project in Nunavut that is in the same volcanic lithologies and south of Glencore's Hackett River deposit.

Blue Moon Project, California, USA



  Project Overview
The Blue Moon Deposit is located in east central California within Mariposa County in the Foothills. The property is accessible by gravel roads off nearby paved highway. There are active mines in the region and was part of the original California gold rush.

The Blue Moon project is subject to a NI 43-101 Mineral Resource estimate with approximately 7.8 million tons with a grade of 8.07% zinc equivalent for approximately 771 million pounds of zinc, 71 million pounds of copper, 300,000 ounces of gold and 10 million ounces of silver in the Inferred category. The resource is open at depth and along strike and has favourable metallurgy. The Company plans to advance the project to feasibility and permitting.

  Blue Moon Inferred Mineral Resources

On November 20, 2018, the Company announced a mineral resource update for the Blue Moon zinc deposit. The deposit now comprises 7.8 million tons in the Inferred Mineral Resource category grading 8.07% zinc equivalent ("ZnEq"), at a 4.0% ZnEq cut-off grade.

The Mineral Resource is based on 1,540 assay results from 82 diamond drill holes, totaling 111,250 feet (33,900 meters) of drilling. The deposit is a past producer with Hecla Mining Company mining 55,000 tons at 12.3% zinc during the second world war. It was during the 1980's that the project experienced extensive drilling leading to Westmin Resources Inc. (now Boliden) taking the project towards a production decision before divesting all its North American assets to focus on Europe.

  History of Majors at Blue Moon

Mining by Hecla Mining Company during 1943-1945 produced 55,656 tons grading 12.3% zinc, 0.36% copper, 0.48% lead, 3.75 oz/ton silver and 0.062 oz/ton gold. The property was actively explored and advanced by Imperial Metals, Boliden and Lac Minerals (now Barrick) in the 1980s and 1990s.

1943-1945
Hecla performed small scale mining during World War II; 56,000 tons grading 12.3% zinc

1981-1984
Imperial Metals (Colony Pacific) completed approximately 33,000 feet of diamond drilling

1984-1988
  • Boliden (Westmin), one of Europe's largest zinc producers, completed:
  • Approximately 57,000 feet of diamond drilling
  • Calculated a mineral resource and commenced engineering, metallurgical, hydrological

1989
Boliden (Westmin) obtained a permit and approval to build a shaft to continue underground development and resource expansion.

1991
Barrick (Lac) completed approximately 20,000 feet of drilling

1994-2007
  • Former VP of Westmin acquires Blue Moon and Yava projects. Project in same ownership stable for last 25+ years.
  • Blue Moon (Savant) created as a result of two corporate spinouts of advanced stage zinc assets. Yukon Zinc followed by a 2007 spinout by Selwyn Resource's zinc assets into Blue Moon

2008
Blue Moon issues a NI 43-101 resource estimate via previous and well-documented work programs

2017
Blue Moon issues updated NI 43-101 Mineral Resource Estimate

2018
Blue Moon received multi-year drill permit; Phase I drilling successfully completed - discovered high-grade zone within the deposit. Updated NI 43-101 Mineral Resource Estimate which does not include the 2018/2019 successful drilling results.

2019-2020
  • Continued drilling of high grade zones in 2019
  • Extended drill permit to mid 2023
  • Buyback of 2% NSR

  Main Uses of Zinc

Zinc is anticipated to showcase high growth due to demand from galvanization industry*. Zinc is primarily used for galvanization of steel in the automotive and construction sectors. Galvanization is extremely important in the construction and transportation industries in order to gain durability, protection, and low cost for the structure and vehicles. It is also used in the production of bronze, brass, zinc-based alloys, and chemicals. Oxides and chemicals of zinc find use in solar panels, paints, medical products, fertilizer additive and water treatment. Zinc alloys are widely used in the production of many components and die-casting fittings in automobile manufacturing and the mechanical industry. Zinc can also be used to make batteries, such as zinc-manganese batteries and zinc air batteries for electric vehicles. The global electric vehicle battery market accounted for USD 71.82 billion in 2019 and is expected to reach USD 105.06 billion by 2026, growing at a CAGR of 5.58%**.
*  Grand View Research
** Zion Market Research

Yava Property, Nunavut, Canada



  Project Overview
The wholly-owned Yava Property is in the Mackenzie Mining District, Territory of Nunavut, consists of one mining lease of 1,304 hectares and 16 unpatented mineral claims that in the aggregate cover 4,449 hectares. The leases occur 24 km south of Glencore's Hackett River Deposit to 5 kilometres south of the Yava Main Zone massive sulphide occurrence.

Glencore (Xstrata) paid $50 million for the Hackett River project. According to Xstrata's December 31, 2012 report, Hackett River's resource estimate included:

In the 1970s, former property owner Brascan (now named Brookfield Asset Management) drilled along 500 metres of strike length of the Yava Main Zone testing the mineralization to an 80 metre depth. Brascan estimated that the Yava Main Zone contained 1.3 million tons grading 3.42 opt silver, 4.96% zinc, 1.03% copper, 1.6% lead and 0.008 opt gold. The mineralization remains open on strike and at depth. This estimate predates NI 43-101 and constitutes a historical estimate under that policy. The assumptions and parameters used in the Brascan resource estimation have not been identified by Blue Moon and the Company is not treating this historical estimate as current Mineral Resources under NI 43-101. Historical estimates should not be relied upon.

Management and Directors

Patrick McGrath - Chief Executive Officer and Director
Mr. McGrath is a CPA, CGA with over 20 years experience as a senior executive of junior resource companies including being a founder and former Vice President of Finance of Adriana Resources Inc. (Sprott Resource Holdings Inc.), a development company focused on iron ore where he assisted in raising $50 million in debt and equity. Mr. McGrath has lead corporate reorganizations, mergers and acquisitions, capital raises and joint ventures. Mr. McGrath has a Bachelor of Commerce degree from Memorial University.

Varun Prasad - Chief Financial Officer
Mr. Prasad is a CPA, CGA and had senior roles with development stage mining companies listed on the TSX Venture Exchange and is well versed in the continuous disclosure requirements. Mr. Prasad is the CFO of Western Copper and Gold and has a Bachelor of Technology in Accounting from the British Columbia Institute of Technology.

Jack McClintock - Director
Mr. McClintock is a Professional Engineer and is the VP Exploration of Northisle Copper and Gold Inc. Mr. McClintock was a former Exploration Manager with BHP Billiton and has a successful track record of leading and participating in a number of mineral discoveries and acquisitions, including but not limited to, Rio Algom's discovery of the Spence porphyry copper deposit in Chile for which he was awarded the "Prospector of the Year" award by the Prospectors and Developers Association of Canada in 1998, and the acquisition of the Antamina deposit in Peru.

Douglas Urch - Director
Mr. Urch has been the Executive Vice President Finance and Chief Financial Officer of Bankers Petroleum Ltd. since February 2008 which was acquired in 2016 for total consideration of approximately $575 million. Prior to Bankers, Mr. Urch was the Vice President, Finance and Chief Financial Officer of Rally Energy Corp. which was acquired for total consideration of approximately $898 million in 2007. Mr. Urch is a CPA, CMA and a graduate member of the Institute of Corporate Directors (ICD.D).

Jonathan Gagné - Director
Mr. Gagné is currently a senior consulting engineer working for Greenstone Gold Mines, which aims to develop the multi-million ounce Hardrock Gold Project located in Ontario. Mr. Gagné began his career with Agnico-Eagle during the construction and commissioning of the Meadowbank gold project located in Nunavut. He then led the mining engineering department for SGS Geostat, a mining services company specializing in computer-assisted mineral resource estimation services. Mr. Gagné then followed with Glencore Zinc, which owns the Hackett River deposit in Nunavut which is adjacent to the Company's Yava Property. At Glencore Zinc, he was involved in numerous zinc projects throughout the World. Mr. Gagné has a B.Sc. in Mining Engineering from Polytechnique Montreal and an MBA with a specialization in Corporate Finance from Université du Québec à Montréal.

Technical Team
Mike Petrina - Technical Advisor
Mr. Petrina, P. Eng, played a key role in the start-up (restart) of two underground mines and was also the former COO of Probe Mines Limited and former VP Operations of MAG Silver where managed permitting and feasibility studies of advanced stage mining projects.

Lawrence O'Connor - Technical Advisor
Mr. O'Connor, Q.P., has extensive experience in permitting and mine start-ups. Mr. O'Connor was VP Operations at Western Goldfields (now owned by Equinox Gold) where he played a key role in the restart of the Mesquite mine in Southern California. Mr. O'Connor was formerly G.M. of Eldorado' Gold's La Colorada mine where he completed the feasibility and permitting for a major expansion of operations.

Company Contact

Patrick McGrath
CEO
Phone: (832) 499-6009
Corporate Office:
Address: Suite 1200, 1166 Alberni Street, Vancouver, British Columbia, Canada V6E 3Z3
Email: pmcgrath@bluemoonmining.com
Web site: www.bluemoonmining.com

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If you selected to join the email list you have agreed to give your consent to Blue Moon Metals Inc. to be in touch with you via email using the information you have provided in this form for the purpose of news, updates and marketing.

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Disclaimer:
The information herein may contains forward looking statements based on assumptions and judgments of the management of the Blue Moon Metals Inc. regarding events or results that may prove to be inaccurate as a result of exploration or other risk factors beyond its control. Actual results may differ materially from the expected results. All statements herein, other than statements of historical facts, that address future production, reserve potential, exploration drilling, exploitation activities and events or developments that Blue Moon Metals Inc. expects are forward-looking statements. Such forward-looking statements are not guarantees of future performance, and are based on numerous assumptions about future conditions that could change. This document includes the use of inferred resources that are considered too speculative geologically to have economic considerations applied to them that would enable them to be categorized as mineral reserves. The noted assessment results are preliminary in nature and there is no assurance the mining scenarios outlined would ever be realized. This document uses the terms "measured" "indicated" and "inferred" resources. We advise U.S. investors that while those terms are recognized and required by Canadian regulations, the U.S. Securities and Exchange Commission do not recognize them. U.S. investors are cautioned not to assume that any part or all of mineral deposits in these categories would ever be converted to reserves. The material contained herein is for information purposes only and is not and is under no circumstances intended to constitute an offer to sell or a solicitation to buy any securities or a recommendation as to the purchase of any securities. The information contained herein has been obtained from the above featured company as well as the other publicly available sources and is believed to be accurate. Although reasonable efforts have been made to compile this data with care, neither Investcom, its employees, officers or directors guarantees the accuracy or completeness thereof, nor shall any of them be liable to the user or to any other person, firm or corporation whatsoever for any inaccuracies, errors or omissions contained herein nor for any damages arising therefrom or occasioned thereby. Investcom is not an investment advisor, readers are highly recommended to consult his Financial Advisors before making any investments related to any specific companies mentioned in Investcom's web site. The use of this profile is limited to the recipient. Review of this profile by any other party is expressly not authorized. The user is expressly not authorized to duplicate this profile or make all or a portion of this profile available to third parties in any manner or form without the prior written consent of Investcom. Investcom may have been paid a fee by the featured company and the featured company may have contributed to printing and other related expenses. In addition, Investcom, its directors, officers or employees may have a long or short position in the securities of the featured companies.

Forward Looking Statements:
All statements in this company profile, other than statements of historical fact, may be forward-looking statements. These statements relate to future events or future performance. Forward-looking statements are often but not always identified by the use of words such as "seek", "anticipate", "plan", "continue", "estimate", "expect", "may", "will", "project", "predict", "potential", "targeting", "intend", "could", "might", "should", "believe" and similar expressions. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements.