Blue Star Reports Numerous High-Grade Gold Results, Including 47.6 g/t Gold Sampled at Auma Prospect

20 September 2023

Vancouver, British Columbia - September 20, 2023: Blue Star Gold Corp. (TSXV: BAU) (OTCQB: BAUFF) (FSE: 5WP0) ("Blue Star" or the "Company") has completed another successful exploration season and announces final sample results from its 2023 exploration program. The program included a multi-prong exploration effort across the Company's Ulu Gold Project in Nunavut, including ground-based geophysical surveys, ground-truthing pipeline targets, mapping, lithogeochemical sampling, and prospecting. The program was focused to identify and advance targets throughout Blue Star's highly prospective landholdings to be drill ready for a 2024 discovery program.

Highlights:

  • Discovery of the Mikigon prospect, a +500m auriferous structure, 47.1 g/t gold sampled at surface (see August 8, 2023 news release);
  • Auma prospect returns 47.6 g/t gold from sample with visible gold;
  • Penthouse sampling confirms it is a precious metals rich base metal prospect;
  • New showings identified north of the North Fold Nose (NFN) resource area returned 5.50 g/t and 3.03 g/t gold from quartz vein samples, and 8.78 g/t gold from sulphide pod in deformed sedimentary rocks; and
  • Several other pipeline targets returned elevated gold values, including; 
    • Blackridge: 3.51 g/t gold 
    • Central Breccia: 5.75 g/t and 4.91 g/t gold 
    • Zebra-Dagg Trend: 13.6 g/t, 7.56 g/t, 5.42 g/t and 3.26 g/t gold 
    • Interlake: 3.90 g/t gold, 9.84% and 5.77% zinc 
    • South Zone-Twilight: 3.31 g/t gold 
    • Ulu West Subzone B/C: 27.3 g/t, 7.98 g/t and 6.66 g/t gold

Blue Star's CEO, Grant Ewing, commented, "The discovery of the Mikigon prospect this year, and the high sample grades returned from numerous other areas highlight the exceptional new discovery potential at the Company’s projects. Blue Star is continuing to assess and refine its target pipeline in preparation for the next discovery drill program. The emphasis is on evaluating and prioritizing the large pipeline of gold targets, but the strong evidence of critical minerals potential throughout our landholdings adds a significant secondary focus for Blue Star."

Blue Star's VP Exploration, Darren Lindsay, commented, "This season has been one to assess and upgrade targets in the Target Pipeline focussing on bringing the ones with the best potential of success to drill ready status in preparation for the 2024 discovery drill season."

Discussion of Field Results

 

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