Exhibit 99.1

Blue Moon Metals Inc.

Unaudited Condensed Interim Consolidated Financial Statements

For the three and six months ended June 30, 2026 and 2025

(Expressed in Canadian dollars)

Blue Moon Metals Inc.
Condensed Interim Consolidated Statements of Financial Position

(unaudited)

(Expressed in Canadian dollars) 

Approved by the Board of Directors on August 13, 2026

The accompanying notes are an integral part of these condensed unaudited interim consolidated financial statements

Blue Moon Metals Inc.

Condensed Interim Consolidated Statements of Loss and Comprehensive Loss

(unaudited)

(Expressed in Canadian dollars)  

The accompanying notes are an integral part of these condensed unaudited interim consolidated financial statements

 Blue Moon Metals Inc.

Condensed Interim Consolidated Statements of Cash Flow

(unaudited)

(Expressed in Canadian dollars)

Supplemental disclosure with respect to cash flow information (Note 18)

The accompanying notes are an integral part of these condensed unaudited interim consolidated financial statements

Blue Moon Metals Inc.

Condensed Interim Consolidated Statements of Changes in Equity

For the six months ended June 30, 2026 and 2025

(unaudited)

(Expressed in Canadian dollars)

The accompanying notes are an integral part of these condensed unaudited interim consolidated financial statements

Blue Moon Metals Inc.
Notes to the Condensed Interim Consolidated Financial Statements
For the six months ended June 30, 2026 and 2025
(unaudited)

(Expressed in Canadian dollars)

1. Nature of operations and liquidity

a)       Nature of Operations

Blue Moon Metals Inc. (“Blue Moon” or the “Company”) is a development stage company which is focused on the exploration and development of mineral resource properties, having made the final investment decision on the Nussir Project (as defined below).

The Company was incorporated on January 15, 2007 under the Business Corporations Act (British Columbia) ("BCBCA"). On July 30, 2026, shareholders approved the continuation of the Company from the BCBCA to the Business Corporations Act (Ontario) ("OBCA"). Until the completion of the continuance, the Company's registered office remains at 2500-666 Burrard Street, Vancouver, British Columbia, V6C 2X8, and its head office is located at Suite 550, 220 Bay Street, Toronto, Ontario, M5J 2W4. The Company trades on the Toronto Venture Exchange (“TSXV”) under the ticker symbol “MOON” and since January 26, 2026, on the Nasdaq Capital Market under the symbol “BMM”.

The Company owns the zinc-silver-gold-copper Blue Moon project in California, US through its wholly owned subsidiary Keystone Mines Inc. (“Keystone Mines”), the Nussir copper-gold-silver property (“Nussir Project”) in Norway through its 94.52% owned subsidiary Nussir ASA (“Nussir”), the Sulitjelma copper-zinc property (“Sulitjelma Project”) in Norway through its wholly owned subsidiary Nye Sulitjelma Gruver SA (“NSG”), the tungsten mill and mine Springer complex in Nevada through its wholly owned subsidiary Blue Moon (Springer) Inc. and the germanium and gallium Apex project in Utah through its wholly owned subsidiary Blue Moon (Utah) Inc. See Note 3 for more details.

These consolidated financial statements were approved for issue by the Company’s Board of Directors on August 13, 2026.

b)       Liquidity

The nature of the Company’s operations requires significant expenditures for the acquisition, exploration and evaluation, and development of mineral properties.  To date, the Company has not received any revenue from mining operations and is considered to be in the development stage. The Company’s operations have been primarily funded from equity financings. The Company will continue to require additional funding to maintain its ongoing exploration and evaluation programs, property maintenance payments, operations and project development and construction as it starts entering into the development stage.

These unaudited condensed interim consolidated financial statements have been prepared using IFRS® as issued by the International Accounting Standards Boards (“IFRS® Accounting Standards”) applicable to a going concern, which assumes the realization of assets and settlement of liabilities in the normal course of business as they come due. 

From December 2024 to the end of June 30, 2026, the Company has been successful in securing financing and raised close to $300 million in gross receipts from equity financings. In May 2026, the Company closed an offering with gross proceeds of $156.3 million, comprised of a public prospectus financing and a concurrent private placement. (See note 14). This is in addition to a project financing package for the Nussir project, the main conditions precedent of which included the completion of the feasibility study report and a positive final investment decision, both of which were achieved by the end of June 2026. In February 2026, the Company acquired the Springer project in Nevada and paid the remaining US$18.0 million of the US$18.5 million cash purchase cost. Other acquisitions, some of which closed shortly after this reporting period, were mostly paid for with shares and with US$1 million in cash payment. Based on the above, management expects that the Company has sufficient liquidity to meet its obligations and continue its planned activities for at least the next 12 months from June 30, 2026.

Blue Moon Metals Inc.
Notes to the Condensed Interim Consolidated Financial Statements
For the six months ended June 30, 2026 and 2025
(unaudited)

(Expressed in Canadian dollars)

a)       Basis of Presentation

These unaudited condensed interim consolidated financial statements of the Company and all its subsidiaries have been prepared in accordance with IFRS® Accounting Standards as applicable to the preparation of interim financial statements under IAS 34, Interim Financial Reporting. The unaudited condensed interim consolidated financial statements should be read in conjunction with the Company’s annual consolidated financial statements for the years ended December 31, 2025 and 2024, which have been prepared in accordance with IFRS® Accounting Standards.

The Company’s unaudited condensed interim consolidated financial statements have been prepared on a historical cost basis, except for certain items at fair value. Additionally, these unaudited condensed interim consolidated financial statements have been prepared using the accrual basis of accounting, except for cash flow information.

The Company’s presentation currency is Canadian (“C$”) dollars. Reference herein of $ or C$ is to Canadian Dollars. US$ is to United States Dollars and NOK is to Norwegian Krone.

The functional currency of the parent company is Canadian dollars. The functional currency of the Company’s Norwegian subsidiaries is Norwegian Krone. The Company’s United States subsidiaries, including Keystone Mines Inc., have a functional currency of United States dollars. Effective January 1, 2026, the functional currency of Keystone Mines Inc. changed from Canadian dollars to United States dollars following changes in the underlying transactions, events and conditions relevant to the entity. This included increased US$ denominated expenditures and operating activities associated with the advancement of the Company’s Blue Moon project. The change in functional currency was applied prospectively from the date of change in accordance with IAS 21. These entities are translated into Canadian dollars for consolidation in accordance with IAS 21.

Statement of financial position items are classified as current if receipt or payment is due within twelve months. Otherwise, they are presented as non-current.

b)       Material Accounting Policies

The financial framework and accounting policies applied in the preparation of these unaudited condensed interim financial statements are consistent with those as disclosed in the Company’s most recently disclosed annual consolidated financial statements for the years ended December 31, 2025 and 2024.

c)       Significant Judgements and Estimates in Applying the Company’s Accounting Policies

Significant Judgments

The preparation of these unaudited condensed interim consolidated financial statements requires the Company to make significant judgments in applying the Company’s accounting policies and the basis of consolidation. These include but are not limited to the following:

Blue Moon Metals Inc.
Notes to the Condensed Interim Consolidated Financial Statements
For the six months ended June 30, 2026 and 2025
(unaudited)

(Expressed in Canadian dollars)

Going concern

Although during the three and six months ended June 30, 2026, the Company had a loss from operations and negative cash flows from operational activities, the Company continued to be able to secure debt and equity financing to fulfill its operational and developmental needs. Based on management’s expectations of future net cash flows, management has applied judgement that there are not material uncertainties related to events or conditions that may cast substantial doubt on the Company’s ability to continue as a going concern.

Recoverability of Asset Carrying Values

The Company assesses its property, plant and equipment for impairments if there are events or changes in circumstances that indicate that carrying values may not be recoverable at each statement of financial position date. Such indicators include changes in the Company’s business plans, changes in the market and evidence of physical damage. As the Company has made its final investment decision on Nussir and transferred the related mineral rights expenditures to property, plant and equipment, management assessed the recoverability of the associated carrying values. Prior to the reclassification, the recoverable amount of the Nussir mineral property was estimated to exceed its carrying value, and thereby no impairment loss was recorded.

Determination as to whether and how much an asset is impaired involves management’s judgement on highly uncertain matters such as estimates of project future production, estimated quantities of mineral reserves and resources, expected future production costs, and discount rates.

Valuation of Mineral Property Interests

The carrying amount of the Company’s mineral property interests does not necessarily represent present or future values, and the Company’s mineral property assets have been accounted for under the assumption that the carrying amount will be recoverable. Recoverability is dependent on various factors, including the discovery of economically recoverable reserves, the ability of the Company to obtain the necessary financing to complete the development and upon future profitable production or proceeds from the disposition of the mineral properties themselves. Additionally, there are numerous geological, economic, environmental and regulatory factors and uncertainties that could impact management’s assessment as to the overall viability of its properties or to the ability to generate future cash flows necessary to cover or exceed the carrying value of the Company’s mineral property assets.

Blue Moon Metals Inc.
Notes to the Condensed Interim Consolidated Financial Statements
For the six months ended June 30, 2026 and 2025
(unaudited)

(Expressed in Canadian dollars)

Estimations and Assumptions

Significant assumptions about the future and other sources of estimation uncertainty that management has made at the end of the reporting period, that could result in a material adjustment to the carrying amounts of assets and liabilities in the event that actual results differ from assumptions made, relate to, but are not limited to, the following:

i)      Share-based Payments

The estimation of share-based payments includes estimating the inputs used in calculating the fair value for share-based payments expense included in profit or loss and share-based share issuance costs included in equity. Share-based payments expense and share-based share issuance costs are estimated using the Black-Scholes options-pricing model as measured on the grant date to estimate the fair value of stock options. This model involves the input of highly subjective assumptions, including the expected price volatility of the Company’s common shares, the expected life of the options, and the estimated forfeiture rate.

ii)    Income Taxes

The estimation of income taxes includes evaluating the recoverability of deferred tax assets based on an assessment of the Company’s ability to utilize the underlying future tax deductions against future taxable income prior to expiry of those deductions. Management assesses whether it is probable that some or all of the deferred income tax assets will not be realized. The ultimate realization of deferred tax assets is dependent upon the generation of future taxable income, which in turn is dependent upon the successful discovery, extraction, development and commercialization of mineral reserves. To the extent that management’s assessment of the Company’s ability to utilize future tax deductions changes, the Company would be required to recognize more or fewer deferred tax assets, and future income tax provisions or recoveries could be affected.

iii)   Incremental Borrowing Rate – Lease Liability Measurement

When the Company enters into leases as lessee and where the interest rate implicit in a lease cannot be readily determined, the Company determines its incremental borrowing rate in order to measure its lease liability. The incremental borrowing rate is the rate of interest that a lessee would have to pay to borrow over a similar term, and with similar security, the funds necessary to obtain an asset of a similar value to the right-of-use asset in a similar economic environment. In determining its incremental borrowing rate, the Company considers the term of the lease, the nature of the leased asset, and its level of indebtedness with reference to market risk-free interest rates.

iv)   Measurement of Fair Values at Acquisition Date

In accounting for the acquisitions of the various mining properties, a significant estimate was calculated in determining the relative fair values of the identifiable assets acquired and liabilities assumed. The purchase consideration, including directly attributable acquisition costs, was allocated to the acquired assets on a relative fair value basis.

For Springer, the acquired assets primarily consisted of property, plant and equipment, mineral properties, water permits and fee land. For Apex and the additional lands surrounding Springer and Apex, the acquired assets primarily consisted of mineral properties and related mining interests.

New standards and interpretations not yet adopted

IFRS 18 – Presentation and Disclosure in Financial Statements  

In April 2024, IFRS® Accounting Standards issued IFRS 18, which replaces IAS 1. IFRS 18 introduces a revised structure for the income statement, requiring presentation of income and expenses within operating, investing and financing categories and mandating specified subtotals. It also sets disclosure requirements for management-defined performance measures and provides enhanced guidance on aggregation and disaggregation in the financial statements and notes. 

IFRS 18 does not change the recognition or measurement of items, nor the classification of items within other comprehensive income. It is effective for annual reporting periods beginning on or after January 1, 2027, with retrospective application required and early adoption permitted. The Company is currently evaluating the impact of this standard on its consolidated financial statements. 

Blue Moon Metals Inc.
Notes to the Condensed Interim Consolidated Financial Statements
For the six months ended June 30, 2026 and 2025
(unaudited)

(Expressed in Canadian dollars)

During the period, the Company completed the acquisition of the Springer and Apex mining properties as well as two less significant acquisitions of mining properties adjacent to the original Springer and Apex properties. The assets of Springer acquired included plant and equipment, and mineral properties while the others are just mineral properties. Management concluded that these acquisitions did not meet the definition of a business under IFRS 3 due to a lack of substantive processes and accordingly accounted for the transactions as asset acquisitions. The consideration transferred, including cash, share consideration and directly attributable transaction costs, was allocated to the identifiable assets acquired based on their relative fair values.

a)       Springer Mine and Mill

On February 10, 2026, the Company completed the acquisition of the Springer Mine and Mill (“Springer”) located in Nevada from GOODS LG LLC. Management concluded that the acquisition did not meet the definition of a business under IFRS 3 due to a lack of substantive processes and accordingly accounted for the transaction as an asset acquisition.

The purchase consideration consisted of $25.1 million (being an initial cash deposit of US$0.5 million and a final cash payment of US$18.0 million) and directly attributable transaction costs of $0.5 million, for total consideration of $25.6 million.

The purchase consideration, including directly attributable transaction costs, was allocated to the acquired assets based on their relative values. Of the total consideration allocated, $24.8 million was assigned to property, plant and equipment, including the processing facilities, infrastructure and fee land and $0.8 million was assigned to mineral properties, including the unpatented mining claims and water permits.

On May 15, 2026, the Company completed the acquisition of the WO Claims from GoldPlay LLC and a private party for a total fair value of consideration of $3,097,220 consisting of a cash payment of US$1 million and the issuance of 188,199 common shares of the Company valued at $1,722,021 as well as a sliding scale gross revenue royalty (“GRR”) of between 3%-5% on the production from the concessions, with the option to purchase down to 1.5% of the NSR within the first three years of the effective date of the agreement. The purchase consideration, including directly attributable costs of $43,684, was allocated to the acquired mineral properties.

b)       Apex Mine

On March 13, 2026, the Company closed the acquisition of the Apex Mine property (“Apex”) in Utah from Teck American Incorporated, a subsidiary of Teck Resources Limited (“Teck”). The property consists of patented and unpatented mining claims associated with a past-producing germanium, gallium and copper underground mine. The Company assumed a pre-existing 3% NSR royalty. The transaction was accounted for as an asset acquisition as the acquisition did not meet the definition of a business under IFRS 3 due to a lack of substantive processes and accordingly accounted for as an asset acquisition.

The purchase consideration consisted of 7,031,959 common shares of the Company issued to Teck at a fair value of $53.4 million, based on the Company’s closing share price on the acquisition date, and directly attributable transaction costs of $0.2 million, for total consideration of $53.6 million, a 0.5% NSR royalty on the property, life-of-mine zinc concentrate offtake rights for the Blue Moon deposit, marketing rights for the Apex deposit and certain investor rights.

On April 1, 2026, the Company closed the acquisition of Gage properties from a subsidiary of Liberty Gold Corp. (“Liberty Gold”) for a fair value of consideration of $3,704,228 consisting of the issuance of 420,935 common shares of the Company and a 2.0% NSR on certain concessions with an option for the Company to buy down to 1% for a cash payment of US$2.0 million. The Gage properties extended the land position of the Apex property. The purchase consideration, including directly attributable costs of $100,765, was allocated to the acquired mineral properties.

These acquired assets primarily consisted of mineral properties and related mining interests. As the transaction represented an acquisition of assets rather than a business combination, the purchase consideration, including directly attributable transaction costs, was capitalized to mineral properties.

Blue Moon Metals Inc.
Notes to the Condensed Interim Consolidated Financial Statements
For the six months ended June 30, 2026 and 2025
(unaudited)

(Expressed in Canadian dollars)

Cash and cash equivalents and restricted cash are comprised of the following:

As at June 30, 2026, the Company held investments in marketable securities listed on the TSXV. In the six months ended June 30, 2026, it disposed of some of these and an amount of $2,634,502 net proceeds from the sale was recorded. As at June 30, 2026, the Company held 1,315,000 common shares of a publicly listed company on the TSXV, having disposed of 2,935,000 common shares during the three months ended June 30, 2026. 

The Company also held 50,000 common shares of another publicly listed company on the TSXV. These shares were received in January 2026 when the owner of a project exercised its contractual buy-back right on the Company's royalty interest in the project and issued 50,000 common shares to the Company as consideration.

These investments are classified as financial assets measured as fair value through profit or loss. As at June 30, 2026, the fair value of the investments in marketable securities was $950,800 based on the closing market price on that day (December 31, 2025: $807,500). During the six months ended June 30, 2026, a fair value gain of $378,100 was recorded. 

Blue Moon Metals Inc.
Notes to the Condensed Interim Consolidated Financial Statements
For the six months ended June 30, 2026 and 2025
(unaudited)

(Expressed in Canadian dollars)

Blue Moon Metals Inc.
Notes to the Condensed Interim Consolidated Financial Statements
For the six months ended June 30, 2026 and 2025
(unaudited)

(Expressed in Canadian dollars)

Blue Moon Metals Inc.
Notes to the Condensed Interim Consolidated Financial Statements
For the six months ended June 30, 2026 and 2025
(unaudited)

(Expressed in Canadian dollars)