Blue Star Gold Commences Drill Program at Its Ulu and Hood River Projects

21 July 2021

Vancouver, British Columbia--(Newsfile Corp. - July 21, 2021) - Blue Star Gold Corp. (TSXV: BAU) (FSE: 5WPO) ("Blue Star" or the "Company") announces that the drilling component of its 2021 Exploration Program has commenced at the Ulu and Hood River Projects located in the High Lake Greenstone Belt in Nunavut.

The initial drill rig has been mobilized and collared on the first target. The drill program is evaluating a number of high priority targets in the area of the known high-grade Flood Zone Gold Deposit on the Ulu Project, and on high potential targets along the Ulu fold hinge. Numerous priority targets exist along the 5 km long Ulu fold which extends from the Flood Zone Deposit on to the contiguous Hood River Project up to the North Fold Nose Zone.

Objectives of this year's program include better understanding the controls of higher-grade zones within the structures, evaluating additional structures on and adjacent to the Ulu fold hinge, and expanding and infilling previously known but poorly interpreted mineralized zones.

The Company also announces that Precision GeoSurveys Inc. ("Precision") of Langley, BC has completed a total of 2,495 km of high-resolution surveying over two high priority regions hosting three high potential target areas: Ulu fold hinge, Crown-Pro fold hinge (Hood River Project), and the Roma fold target. The heli-borne geophysical survey utilized Precision's proprietary four-sensor magnetic gradient system at a nominal 50m line spacing at Roma and 25m line spacing at Ulu and Hood River. The data is currently being finalized and will assist in targeting for the 2021 Exploration Program.

Qualified Person

Darren Lindsay, P. Geo. and Vice President Exploration for Blue Star, is a Qualified Person under National Instrument 43-101 ("NI 43-101") and has reviewed and approved the technical information contained in this news release.