Blue Star Gold Announces Investor Relations Agreement and Option Grant

10 November 2023

Vancouver, British Columbia – November 10, 2023: Blue Star Gold Corp. (TSXV: BAU) (OTCQB: BAUFF) (FSE: 5WP0) ("Blue Star" or the "Company") is pleased to announce that it has entered into an agreement (the “Agreement”) with LodeRock Advisors Inc. (“LodeRock”), of Toronto, Ontario, whereby LodeRock has agreed to provide the Company with various investor relations services for a term of 6 months for aggregate remuneration of $10,000 per month, plus applicable taxes and 50,000 incentive stock options (the “Options”). The Options are exercisable at $0.385 per common share for a period of 24 months. The Options shall vest in accordance with TSX Venture Exchange (the “Exchange”) policies for investor relations service providers.

LodeRock and the Company are not related parties and operate at arm’s length. Neither LodeRock nor its principals have any interest in the Company’s securities, directly or indirectly, or any right or intent to acquire such an interest.

The Agreement, the transactions contemplated therein and the remuneration payable to LodeRock are subject to the approval of the Exchange.

About Blue Star Gold Corp.

Blue Star is a mineral exploration and development Company focused in Nunavut, Canada. Blue Star’s landholdings total 270 square kilometres of highly prospective and underexplored mineral properties in the High Lake Greenstone Belt. 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.