4 April 2023
Vancouver, British Columbia – April 4, 2023: Blue Star Gold Corp. (TSXV: BAU) (OTCQB: BAUFF) (FSE: 5WP0) (“Blue Star” or the “Company”) is pleased to announce its participation in the Government of Nunavut’s Discover, Invest, Grow (“DIG”) program. Through DIG, the Company will receive up to a $250,000 contribution towards drilling activities at its Nunavut exploration projects.
The DIG program supports advancing mineral exploration activities in Nunavut and encourages local Nunavut employment at Blue Star’s projects. Blue Star has received an initial contribution of $125,000, and an additional $125,000 contribution is expected following review/approval of the Company’s 2022 exploration summary report. Blue Star also intends to participate in the DIG program for the upcoming 2023 exploration campaign.
Blue Star’s CEO, Grant Ewing commented, “Blue Star is a grateful recipient of these exploration support funds. There is abundant, yet-to-be realised value in the vast underexplored and highly prospective Territory of Nunavut. Exploration support programs like this improve investor confidence, demonstrating that Nunavut is an excellent jurisdiction for precious and critical metals exploration and development.“
About Blue Star Gold Corp.
Blue Star is a gold company focused on exploration and development within Nunavut, Canada. Blue Stars landholdings total 270 square kilometres of highly prospective and underexplored mineral properties in the High Lake Greenstone Belt, Nunavut. The Company owns the Ulu Gold Project, comprised of the Ulu Mining Lease and Hood River Property, and the Roma Project. A significant high-grade gold resource exists at the Flood Zone deposit (Ulu Mining Lease), and numerous high potential exploration target areas occur throughout the Company’s extensive landholdings, providing Blue Star with excellent resource growth potential.
Blue Star is listed on the TSX Venture Exchange under the symbol: BAU, the U.S. OTCQB Venture Market under the symbol: BAUFF, and on the Frankfurt Exchange under the symbol: 5WP0. For information on the Company and its projects, please visit our website: www.bluestargold.ca.