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Blue Moon Reports Assay of 0.180% Germanium, 0.0273% Gallium and 1.96% Copper from Bulk Sample at Apex and Provides Apex Project Update

BMM
  • Blue Moon Metals Inc. reported assay results from a 100 kg bulk sample collected at its Apex project in Utah following the March 16, 2026 acquisition from Teck Resources Limited.
  • The sample assay results showed 0.180% germanium, 0.0273% gallium, & 1.96% copper.
  • Samples were processed & analyzed by independent laboratory Blue Coast Research Ltd. in Parksville, British Columbia, using Peroxide Fusion.
  • Blue Moon plans to proceed with metallurgical testing to determine flowsheet options & explore near-term commercialization strategies.
  • As of June 26, 2026, Fastmarkets estimated spot prices at $10,500/kg for germanium & $2,650/kg for gallium.
  • The company is exploring the sale of direct shipping ore (DSO) driven by high-grade mineralization & a constrained germanium market outside China.
  • Permitting activities are ongoing with a target completion date of Q2 2027.
  • Discussions on contract mining have begun, with potential DSO operations starting as early as Q3 2027.
  • At a mining rate of 150 tonnes per day, the Apex project could supply nearly 100% of U.S. domestic germanium demand.
  • Blue Moon Metals is advancing five brownfield polymetallic projects located in the U.S. & Norway, including Apex.