Blue Moon Additional Zone Discovered West of Current Mineral Zone

VANCOUVER - Blue Moon Metals Inc. reported exploration progress at its property, the polymetallic Blue Moon project containing zinc, silver, gold, and copper located in the accreted terrains of the Western Sierra Metamorphic Belt.

Patrick McGrath, Chief Executive officer, said, "We are excited to announce that our BM-83 exploration hole intersected visible massive and semi-massive sulfide mineralization over 100 feet of core length. BM-83 was targeting an untested electromagnetic target south of the Blue Moon deposit and appears to have discovered a new massive sulphide lens."

A new discovery was made testing a geophysics conductor target, located west of the three previously discovered Blue Moon mineral zones and south of the American Eagle workings. This new Zone was discovered deep and lateral to the previous mineral system. The Zinc Sulfide (Sphalerite) encountered in this new discovery has a different hue from the other zones which may indicate a separate emplacement pulse with slightly different timing which could add to the currently known zones. This conductor was revealed first as stringers and blebs of sulfides were encountered starting at a core depth of 2,363 feet and continued until the banded and massive interval from 2,400-2,452 feet (52 feet interval at a vertical depth from surface of approximately 800 feet) then mineralization tapered off into another stringer zone down to 2,461 feet at core depth. The whole mineral rich zone covered near 100 feet of core length (core length not true thickness) . Higher up in the hole several smaller zones were encountered indicated by the section and in the table. The mineralization is hosted in rhyolite and rhyolite tuffs of the Gopher Ridge Formation. The stringer and main zone of sulfides are composed of Sphalerite, Chalcopyrite, Galena Tetrahedrite and Pyrite. Details of the assay will be discussed as results become available. In the photos below, the part of the mineralized zone drill interval is displayed.

BM-81 was set to test for continuity of the mineral zone between the old American Eagle workings near surface and the historical hole AE1 which indicated significant mineral zones. Several significant zones were intercepted in the drilling. This confirmed the continuity from the American Eagle workings and historical hole AE1. Details of the assay will be discussed as results become available. Long section showing pierce points of drill-holes on grid 7600E section with respect to hole BM-83 and BM-81. Hole BM-84 is the next hole in the drill program. BM-82 was abandoned at 577 feet due to deviation and does not plot on the section. The second attempt was BM-83 which reached the target. Cross section showing location of hole BM-83 relative to other holes on section. Stringer mineralization in Hole B-70 is interpreted to be a feeder zone a nearby massive sulphide lens which could be what hole BM-83 intersected.