Blue Moon Announces Initial Results from Ongoing Infill Drilling Campaign at its Nussir Project and Further Deep Drilling Exploration Results

TORONTO, Aug. 10, 2026 — Blue Moon Metals Inc. ("Blue Moon" or the "Company") (TSXV: MOON) (NASDAQ: BMM), is pleased to announce new drilling results from its ongoing surface infill program at the Company's Nussir Project (the "Project"), currently under construction in Finnmark, Norway. The infill program, initiated in March, aims to increase confidence in the Project's reserves, and particularly the proven category. The program is ongoing, having originally started closest to initial planned mining locations, and progressing westwards. Also included in this release are further results from the 1.2 km deep exploration campaign.

Fig 1. Infill and Deep Exploration Drilling Location Map with the Measured, Indicated and Inferred Resources (2026 Feasibility)

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Fig 2. Plan view map displaying current infill drill hole locations across the Nussir project

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Fig 3. New drills and Mineral Resource Estimate

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Fig 4. Sections of Infill Drilling with New Assays

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Fig 4. NUS-DD-26-07: 1.39% Cu, 0.05 g/t Au, 16.8 g/t Ag over 3.5m. Bornite-Chalcopyrite mineralization in siltstone host at 922.7 m. The image depicts a vein, rich in bornite with minor chalcopyrite, truncated by a later fracture, itself presenting chalcopyrite. The image shows clear evidence of multiple mineralization phases, which are being regularly noted by logging staff at Nussir. Findings such as this provide exciting prospects and theories for the department.

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Fig 5. Section G-G’ - deep exploration drillhole NUS-DD-26-07

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Blue Moon Announces Initial Results from Ongoing Infill Drilling Campaign at its Nussir Project and Further Deep Drilling Exploration Results

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