Announced the acquisition of a portfolio of 33 tungsten and antimony projects in the western United States, all of which are proximal to the Company's Springer complex. The Projects are generally located in the most prolific tungsten and antimony producing districts in the United States, with historical production on or adjacent to almost all Projects. These projects are complementary to the Company's Springer tungsten complex in Nevada and Apex germanium-gallium-copper mine in Utah. The Projects are being acquired on a 100% ownership basis from a private owner on an arms-length basis and consist of BLM and USFS lands. Holding costs for the portfolio are approximately US$162,000/yr. Jason Dunning, Head of U.S. Special Projects for Blue Moon, stated, "This acquisition marks a meaningful step in Blue Moon's strategy to build a leading US-focused critical metals platform. Blue Moon Metals Inc. shares N.BMM are trading down 15 cents at $5.40.

Full Press Release: https://www.baystreet.ca/quotedata/quote.aspx?ticker=BMM&qmodStoryID=8689515826175522

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.