Blue Moon Announces Further Results from Assays at Springer, Including a New Intercept of 0.3 m of 7.84% WO3 (Form 6-K)

Blue Moon Announces Further Results from Assays at Springer, Including a New Intercept of 0.3 m of 7.84% WO₃

TORONTO, Ontario - October 6, 2026 - Blue Moon Metals Inc. ("Blue Moon" or the "Company") (TSXV: MOON; NASDAQ: BMM) is pleased to announce additional assay results from its ongoing 18,000 m relogging campaign, including the second highest grade drilling result to date at the Company's Springer Tungsten Mine in Imlay, Nevada ("Springer"), assaying 7.84% WO₃ over 0.3 m.

Historical Core Re-Assay Program

The Company is continuing its thorough re-examination and re-assay campaign of previously drilled core located on the property. To date, approximately 77% of the 18,000 meters of historical core have been relogged. As part of the re-assay program: drillhole NM-30 returned a 0.3-metre sample grading 7.82% WO₃ from 183.5 m, representing the second-highest assay in drill core on the property and the highest-grade assay identified to date in the East Sutton Beds. It is hosted in a 1-foot-wide skarn lens in the Sutton 1 zone. The high-grade interval was not sampled historically when it was drilled in May of 1977 but was relogged by the current team and sent for assay in August 2026. This current intercept is not included in Skarn lens modelling and will be followed up by new drilling this year. The deeper portion of NM-30 (230.7 m to 345.3 m) is currently pending assay results as seen in the section below. The historical assay data shown on the lower part of NM-30 correlates to the recent results of neighboring NM-44 (refer to Blue Moon's press release from September 22, 2026). Full tables of new assays can be found at the end of this press release.

Date: News Release: Ticker Symbols:

October 6, 2026 26-35 TSXV: MOON; NASDAQ: BMM

Figure 1. Section and location Map of drillhole NM-30

In addition, re-assays from drillhole NM-45 confirmed a 9.44-metre interval grading 0.26% WO₃ at a downhole depth of 342.4 metres. The re-assay also identified a new mineralized interval further down-dip that was not historically sampled, returning 0.18% WO₃ over 3.8 metres at a depth of 372.1 metres. See tables below.

Sampling and QA/QC

The Springer Mine hosts historical drill core from multiple previous owners of the property, in core diameters of BQ, NQ, and HQ sizes. The current sampling program includes quartering of previously assayed material and a large volume of previously untested, but mineralized rock.

Samples are being analyzed by ALS Geochemistry using analytical packages that include XRF analysis for WO₃, a 48-element multi-element suite, and selective fire assay for gold. ALS Global is a premier accredited, independent testing, inspection, and certification body. ALS Minerals (Geochemistry) laboratories maintain global accreditations, primarily centered around the ISO/IEC 17025:2017 standard. Comprehensive QA/QC protocols have been implemented in accordance with CIM Best Practice Guidelines, with QA/QC samples representing approximately 12.5% of all assays, or a 1:8 ratio. These protocols support a robust dataset for future exploration targeting and resource evaluation.

Options Grant

The Company has granted a total of 150,000 incentive stock options under the Company's share compensation plan to two consultants to the Company. The stock options have an exercise price of C$6.99 per stock option and are exercisable for a period of five years from the date of grant. The stock options vest over three years with a third vesting every year and are governed by the terms and conditions of the Company's stock option plan.

Qualified Persons

The technical and scientific information of this news release has been reviewed and approved by Mr. Lazaros Dalampiras, MAusIMM, CP(Geo), Blue Moon's Head of Mineral Resources, and a non-Independent Qualified Person, as defined by NI 43-101.

About Blue Moon

Blue Moon is advancing 6 brownfield polymetallic projects, including the Nussir copper-gold-silver project in Norway, the NSG copper-zinc-gold-silver project in Norway, the Blue Moon zinc-gold-silver-copper project in the United States, the Springer tungsten-molybdenum project in the United States, the Apex germanium-gallium-copper project in the United States and the Turner gold-copper-zinc-silver project in the United States. All 6 projects are well located with existing local infrastructure including roads, power and historical infrastructure. Zinc, copper and tungsten are currently on the USGS and EU list of metals critical to the global economy and national security and germanium and gallium are also on the USGS list of critical metals. Major shareholders include Teck Resources Limited, funds managed by Oaktree Capital Management, Hartree Partners LP, Wheaton Precious Metals, Altius Minerals Corporation, Baker Steel Resources Trust, LNS and Monial. More information is available on the Company's website (www.bluemoonmetals.com).

Date: News Release: Ticker Symbols:

October 6, 2026 26-35 TSXV: MOON; NASDAQ: BMM