BC Moly Announces Graduation to TSX Venture Exchange & Files Updated Ni 43-101 Mineral Resource Estimate for Its Storie Molybdenum Deposit Increasing Resource Size To 241.6m Lbs Mo Measured & Indicated And 23.4m Lbs Mo Inferred

VANCOUVER, British Columbia, March 06, 2023 (GLOBE NEWSWIRE) -- BC Moly Ltd. (“BC Moly” or the “Company”) (NEX: BM.H) is pleased to announce that it has filed a technical report, in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”), to update the mineral resource estimate on its 100% owned Storie Molybdenum Deposit (the “Technical Report”). The Technical Report entitled “NI 43-101 Resources Estimate for the Storie Deposit” and dated March 3, 2023 (effective October 28, 2022) has been prepared for the Company by Sue Bird, P. Eng. of Moose Mountain Technical Services, an independent Qualified Person (as such term is defined in NI 43-101). The Technical Report is available under the Company’s profile at www.sedar.com.

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