Blue Moon Pursues Exciting Developments in Norway
Blue Moon Metals Inc. (TSXV: MOON; OTCQB: BMOOF) is thrilled to announce the achievement of significant milestones with the receipt of environmental permits from the Norwegian Environmental Agency. This crucial step allows Blue Moon to proceed with a contract awarded to Fauskebygg AS for the extension of the Rupsi tunnel at Nye Sulitjelma Gruver AS, also known as NSG.
Enhancing Exploration Capabilities
The planned tunnel extension is not just a construction project; it represents a pivotal enhancement for exploration drilling of the Rupsi/Dypet deposits. The Rupsi Deposit currently boasts an Inferred Resource of 9.258 million tonnes, containing 1.19% copper (Cu) and 0.31% zinc (Zn). The ambitious goal is to upgrade this resource from the Inferred to Indicated category through a comprehensive exploration drilling program aiming for 10,000 meters of drilling.
A Focus on Resource Expansion
Blue Moon's systematic approach includes gathering vital geotechnical and metallurgical data which will aid in expanding the current resource base. The Rutherford Report of May 20, 2025, filed on SEDAR+, outlines the critical nature of these inferred resources, emphasizing the potential of turning them into market-ready reserves.
Contractor Selection and Project Timeline
After a careful selection process, Blue Moon engaged Fauskebygg, a contractor rooted in Norwegian civil engineering. Their proposal aligned perfectly with Blue Moon's commitment to health, safety, local employment, and cost efficiency. Operations for this important expansion project are set to start in the latter part of the third quarter of 2025, with completion targeted for the third quarter of 2027.
Concurrent Activities for Comprehensive Data Collection
What makes this project more dynamic is the concurrent exploration drilling that will take place alongside the tunnel's advancement. The exploration activities will include geological mapping, soil and core geochemistry analyses, geophysical surveys, and the relogging of historical drill cores—each designed to optimize the geological model and enhance targeting accuracy.
Blue Moon's Broader Mission
Blue Moon is not solely focused on the NSG project. The company is actively advancing three promising brownfield polymetallic projects, including the Nussir copper-gold-silver project and the Blue Moon zinc-gold-silver-copper project located within the U.S. Each of these projects is strategically positioned near critical infrastructure, making them viable candidates for advancing the next wave of resource exploration and extraction.
The Need for Strategic Metals
Our society's growing reliance on technology and renewable energy has led to increasing demands for metals like zinc and copper, which fall under the U.S. Geological Survey and the European Union's list of critical minerals. Blue Moon's projects are vital in ensuring a stable supply of these essential materials.
About Fauskebygg AS
Established in the mid-20th century, Fauskebygg AS has amassed over 75 years of experience in the construction arena. They are well-versed in executing local projects primarily within the northern Nordland region, which sets the stage for a seamless collaboration with Blue Moon on the NSG expansion.
Further Information
If you wish to learn more about Blue Moon Metals Inc. and stay updated on the Sulitjelma Project, please reach out to the company directly. Christian Kargl-Simard, the CEO and Director, is available for inquiries. You can contact him at (416) 230 3440 or via email at christian@bluemoonmetals.com.
Frequently Asked Questions
What permits has Blue Moon secured?
Blue Moon has received environmental permits for its activities from the Norwegian Environmental Agency.
Which company has been awarded the tunnel extension contract?
The contract for the tunnel extension has been awarded to Fauskebygg AS, a Norwegian construction firm.
What is the expected timeline for the project?
Operations will begin in late Q3 2025, with completion anticipated in Q3 2027.
What are the goals of the exploration drilling program?
The primary aim is to upgrade the resource classification and gather essential geotechnical and metallurgical data.
Where can I find additional information about Blue Moon Metals?
Further details can be found on the company's official website, or by contacting the CEO directly.
