Blue Moon Metals Inc · TSXV:MOON
Blue Moon Metals — Investor Presentation (September 2025)
21 slides from Blue Moon Metals's investor presentation, September 2025
Slide 1: Advancing Brownfield Critical Metals Projects in the USA and Norway into Production
TSXV: MOON | OTCQX: BMOOF Advancing Brownfield Critical Metals Projects in the USA and Norway into Production September 2025 1
Slide 2: Forward Looking Statements
Forward Looking Statements This presentation (together with any accompanying oral or written communications, this All of the forward-looking information in this presentation is qualified by the cautionary statements "Presentation") prepared by Blue Moon is confidential and is being provided to you s
Slide 3: A New Base Metals Miner Builder and Operator
A New Base Metals Miner Builder and Operator Nussir SHCD – Construction Started -PERMITTED- ✓ Tier 1 Jurisdictions – Norway and the USA are ‘doubling down’ on critical metals mining ✓ Permits in Hand – All 3 projects have permits for underground development, with Nussir fully permitted for construct
Slide 4: Significant Value Opportunity
Recent Base Metals Transaction Announcements June 2025 May 2025 July 2025 Location Bosnia & Serbia NSW, Australia Arizona, USA Norway & California, USA Asset Type Underground Underground Underground Underground Stage Ramp-up Production Production PFS Construction/Reserve Development Commodity Mix Zn
Slide 5: Corporate Development Plan: 50 ktpa CuEq by the End of the Decade
Corporate Development Plan: 50 ktpa CuEq by the End of the Decade Goal: Within 5 years to be producing an estimated 50,000 tpa CuEq at first quartile ASIC over the 3 mines Cost: Expecting that +80% of the capital costs can be financed non-equity (debt, royalties & streams) 2025-2026 Activities 2027
Slide 6: Management and Board
Management and Board CHRISTIAN KARGL-SIMARD, P. ENG. SKOTT MEALER FRANCES KWONG, CPA THEODORE VELIGRAKIS CEO & Director President & COO CFO & Corporate Secretary VP EXPLORATION Founder and CEO of Adventus Mining which was +20 years of experience in project development Former VP Finance, CFO and Corp
Slide 7: Pro Forma Capital Structure & Shareholders
Pro Forma Capital Structure & Shareholders Wheaton Institutional WG PRO-FORMA CAP STRUCTURE 8% 3% 2% Management ~54.6M S/O 8% (US$M) LNS 5% MARKET CAPITALIZATION (AS OF SEPTEMBER 2, 2025; C$3.39/SH) $135 CURRENT CASH $23.5 Monial 15% Retail 33% EQUITIES₁ $1 DEBT₂ $12.5 BSRT 11% ENTERPRISE VALUE $123
Slide 8: Financing Overview – Hartree Partners & Oaktree
Financing Overview – Hartree Partners & Oaktree Financing Breakdown Financing Details Total Package $140 M Equity Debt Size (pending documentation) $50 M US$20 • $25M Bridge loan available Debt Stream Size (pending documentation) $70 M US$50 • Initial $5M equity investment from Oaktree with potentia
Slide 9: Strategic Shareholders
Strategic Shareholders LNS (~5%) WG – Wergeland (~8%) - Norwegian mining and construction - Norwegian investment office with company interests in industrial and maritime sectors - Partnered through local infrastructure expertise and operational knowledge - Early-stage investor with a focus on for th
Slide 10: Norway: A Resource Superpower Developing Its Critical Metals Mining Industry
Norway A Resource Superpower Developing Its Critical Metals Mining Industry Strategic Edge in Energy and Industry Landscape • 21 metals smelters • 2nd largest producer of oil production in Europe following Russia (1.8 million bpd) • Provides ~25% of the electricity to Europe • Low corporate income t
Slide 11: Nussir Overview
Nussir Overview Description of Nussir Processing will be at the Ownership • 93.55% Blue Moon Metals brownfield Øyen industrial site and all key • Underground – long-hole open stoping ▪ Recognized as an EU strategic infrastructure in place Mining Hammerfest • Underground CONSTRUCTION HAS STARTED asse
Slide 12: Nussir District Potential
Nussir District Potential Nussir New Mine 10 km long sediment hosted Cu-Ag-Au deposit ‘Western Zone’ Copper oxide showings, but untested Ulveryggen Old Pits 4x shear hosted open pits Source: See note 1 page 2. TSXV: MOON | OTCQX: BMOOF 12
Slide 13: Nussir Orebody Potential To Be Expanded Significantly
Nussir Orebody Potential To Be Expanded Significantly 10 km along strike 0m Proposed Depth Extent to Drill Hole NUS-DD-14-001: ~1.1 km Decline 200m End 2025 600m Decline location (~280m depth) NUS-DD-14-004 NUS-DD-14-003C 9.9 m – 0.5%, 1.2/0.2, 0.6% 1,100m NUS-DD-14-005 3.4 m – 3.1%, 0.5/0.1, 3.2% N
Slide 14: Nussir Path to Development
Nussir Path to Development 2025 2026 2027 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 ▪ Basic and detailed engineering / GAP analysis ▪ Drive decline into heart of the orebody and develop mining stopes using long-hole open stoping ▪ Project Financing and maiden NI 43-101 feasibility study including optical
Slide 15: Blue Moon Overview
Blue Moon Overview Description of Blue Moon Ownership • 100% Blue Moon Metals • Located in Mariposa County, California Property • Only a US$500k capped third party royalty • Underground; long hole stoping Mining • Paste backfill and dry stack tailings • Conventional flotation plant to be located at
Slide 16: Blue Moon Preliminary Economic Assessment
Blue Moon Preliminary Economic Assessment March 2025 Maiden NI 43-101 PEA and Updated Resource Estimate on the Blue Moon Project (By Micon International Ltd. and Resource Development Associates) PEA Base Case -10% +10% Long-term Consensus Spot Prices Pricing Pricing Price Forecast(3) (Feb. 2025 avg.
Slide 17: Blue Moon Project matches well against VMS peers
Polymetallic VMS Projects Project Antler Copper McIlvenna Bay Green Bay Kay Mine Iberian Belt West Black Butte Blue Moon, California Stage PFS Construction Adv. Exploration MRE/PEA MRE/PEA FS UG Reserve Development Permitting Status Full Permitting Q1 Construction Construction Permit Exploration Per
Slide 18: NSG Overview
NSG Overview Description of NSG Ownership • 100% ownership of all the prospective exploration licenses in the historic mining district • Located in Northern Norway on border with Sweden • Mine shutdown in 1991 after producing since 1887 and being one of Norway’s most important copper mines. HISTORIC
Slide 19: NSG – High Grade Potential
NSG – High Grade Potential NI 43-101 Inferred Resource Grade –Tonnage Curve Grades to start with in major sprawling VMS complex (3 orebodies) – not including sulfur, gold and silver credits (as unassayed). Intercepts are not true widths RD Zone SM Zone • Hole 1 – 3 m – 4.42% Cu & 0.25% Zn • Hole 36
Slide 20: Next Steps
Next Steps Prepare for Advancing a New Company into Construction • Build strong shareholder base backing new base metals company focused on critical metals in overlooked Tier 1 jurisdictions • Build exploration and development teams led by a core team. 10,000 m of drilling expected on each of the 3
Slide 21: Company Contact
Company Contact Christian Kargl-Simard President, CEO & Director Phone | +1 (416)-230-3440 christian@bluemoonmetals.com TSXV: MOON | OTCQX: BMOOF
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