Blue Star Provides Highlights From Ongoing Exploration Program

18 June 2024

Vancouver, British Columbia – June 18, 2024: Blue Star Gold Corp. (TSXV: BAU) (OTCQB: BAUFF) (FSE: 5WP0) ("Blue Star" or the "Company") provides an update on its active exploration program at the Ulu and Roma Projects in the Kitikmeot region of Nunavut (Figure 1).

Highlights From 1st Month of the Current Field Program:

  • Ulu Project
    • Mikigon:
      • A +500-metre-long mineralized trend that returned numerous high-grade gold samples in 2023. No previous drilling has been conducted on this priority drill target ~3.5 km NE of the high-grade Flood Zone deposit
      • Recently completed induced polarization (IP) geophysical survey identified a +1,500-metre-long open anomaly associated with the known mineralized trend exposed on surface
      • The IP survey also identified a similar parallel feature ~450 metres to the west
    • Nutaaq Trend
    • ‘3-D’ IP survey has been completed to refine targeting (trend hosts the satellite Gnu Zone resource)
  • Roma Project
  • Field review of all proposed drill targets has been completed in preparation for fixed loop electromagnetic surveys, followed by final drill target selection
  • Two drills will be mobilized in early July to commence drill testing several high priority targets throughout the Ulu and Roma Projects

“We are very pleased with the progress of our drill and pipeline target review. The geophysical contractors have been very productive in the field allowing the team to undertake modest expansions in select target areas” commented Darren Lindsay, VP Exploration. “Our field teams are undertaking more evaluations than initially planned prior to the drills arriving next month, resulting in some upgrades, downgrades and additions of new target areas to the near-drill ready list of targets.”

Grant Ewing, CEO of Blue Star stated, “Our 2024 program is off to a strong start, highlighted by the exciting Mikigon geophysical results. The recently completed IP survey shows an extensive anomaly associated with the known mineralised trend. Mikigon occurs in an area where no previous drilling has been conducted and highlights the excellent potential for new discoveries throughout our target rich landholdings.

View Details