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Blue Moon Metals Expands Its Footprint in Critical Minerals

Blue Moon Metals Inc. is embarking on a significant growth trajectory following its announcement of a Memorandum of Understanding (MOU) to acquire the Springer Critical Metals Mine and Processing Plant in Nevada. This exciting development aligns with the company's strategic vision to strengthen its position in the critical minerals sector and showcases their ambition to list on the NASDAQ by the first quarter of 2026.

The MOU, dated October 10, 2025, formalizes an agreement with Goods LG LLC, marking a notable step in Blue Moon's operational expansion. The Springer Property encompasses approximately 11,280 acres, which includes mineral claims located entirely on private lands.

Historically, the Springer Mill excelled in processing tungsten and is equipped with an Ammonium Paratungstate (APT) circuit along with necessary reagent systems. This infrastructure boasts the flexibility to modify operations for processing alternative critical metals, positioning Blue Moon to tap into growing market demands as the need for domestic production of critical minerals becomes increasingly pressing.

In exchange for securing exclusivity on this prospective site, Blue Moon has made a non-refundable cash payment of $500,000 to the Seller. The completion of the transaction is contingent upon achieving several standard conditions, including finalizing a definitive agreement and ensuring the extension of certain water rights for mill operations.

With a foundation of historical estimates projecting indicated resources of approximately 355,000 tons at 0.537% WO3 and inferred resources nearing 1,933,600 tons at 0.493% WO3, the Springer Property showcases promising potential. The acquisition allows Blue Moon to implement its hub-and-spoke business model by developing smaller, high-grade underground critical metal mines throughout the Western United States. Once operational, the processing of these mineralized materials will centrally occur at the Springer Mill.

The recent strategic moves align perfectly with U.S. federal government initiatives aimed at bolstering domestic production of critical metals, aiming to decrease the nation's reliance on international suppliers. Blue Moon views the current climate as opportune for expanding its mining operations within the U.S. fuelled by a robust management team with expertise in construction, operations, and mine finance.

CEO Christian Kargl-Simard expressed, "The acquisition of the Mill opens up a huge opportunity for the Company to develop smaller higher-grade mines covering the critical minerals space, including base metals, antimony, and tungsten in the U.S. The time to be building mines in the U.S. is now."

On a notable note, based on the long-term growth strategy connected with this acquisition, Blue Moon plans to push forward with the application to list its common shares on the NASDAQ Capital Market. This strategic decision comes in light of increased liquidity observed on the OTCQX and strengthens the company’s growth approach focused on the critical metals supply chain.

The Springer Mill includes an impressive array of assets, including a process plant with a capacity of around 1,200 tons per day, advanced electrical infrastructure, a crusher and conveying system, and water rights ensuring operational viability. The transaction highlights the company’s commitment to maintaining environmental and operational standards, indicated by the inclusion of various permits and bonds pertinent to mill operations.

As the deal progresses, Blue Moon is gearing up for a new era, envisaging a productive future in the critical minerals space, readily meeting the demands of both the market and government initiatives. The forthcoming months are poised to be pivotal for the company, with shares expected to transition to NASDAQ, further facilitating its ambitious plans.