Blue Star Announces Exploration Results, Advances Pipeline Showings
21 August 2024
Vancouver, British Columbia--(Newsfile Corp. - August 21, 2024) - Blue Star Gold Corp. (TSXV: BAU) (OTCQB: BAUFF) (FSE: 5WP0) ("Blue Star" or the "Company") provides an update on the 2024 exploration program at its Ulu Gold Project and Roma Project in the Kitikmeot region of Nunavut (Figure 1). Approximately 4,000 metres of drilling have been completed with initial assays expected in the coming weeks. Sample results from the early season field-based prospecting program are presented below.
Highlights
- 16 diamond drill holes for ~4,000 metres across five main target areas have been completed, including:
- HI, Mikigon, Penthouse, Gnu Zone (Nutaaq), and the Flood Zone
- Assays pending
- Pipeline showing evaluation results from Cygnet (Roma) returned strong gold values including 13.5 grams per tonne gold ("g/t Au") and 56.5 g/t Au
- Sampling at Gabbro Breccia (Ulu Gold Project) returned 16.0 g/t Au and 8.49 g/t Au
- Roma Main zone extended another 300 metres to the southeast to over 800 metres of strike length
- Pipeline showings along Snofield Lake (Roma) returned 6.21 g/t Au, 3.67 g/t Au, 497 g/t silver and 5.3% lead
Highlights of the Prospecting Program
A review of the Cygnet Target (Roma Project) focussed on the NE geological trend where inferred cross structures from geophysical interpretation complicated the geology. The best samples occurred within the mafic volcanic rock package immediately below the contact with sedimentary rock units; small volume intrusions may play a role in the mineralisation in this area. Of the 38 samples collected two samples were > 10 g/t Au, five samples > 5 g/t Au, and seven samples were > 1 g/t Au. The next steps for this target will include more detailed mapping and sampling along the trend to potentially advance to drill-ready status.
Prospecting along the Roma Main Target (Roma Project) extended the known mineralised trend 300 metres to the southeast. Highlights of the sampling program from parallel vein structures to the main zone returned 40.9 g/t Au, 15.7 g/t Au, and 6.5 g/t Au. Roma Main is now a high-priority target for drill testing in future programs.
An initial review of the Snofield Lake Target included collecting 14 samples over a 5.5-kilometre trend. Highlights of the sampling program include 4.87% zinc ("Zn") and 8.6 g/t silver ("Ag"); 2.46 g/t Au, 67.7 g/t Ag, 3.1 % lead ("Pb"), 3.5 % Zn; and 3.67 g/t Au, 497 g/t Ag, 5.3 % Pb. The best gold sample returned 6.21 g/t Au.
A reconnaissance traverse near the Roma Fold Target returned a sample grading 5.6 g/t Au from a massive scorodite exposure.
A second pass sampling effort was made to better define a New Showing highlighted by the 2022 till sampling program. The known arsenopyrite veining occurs over a 320-metre x 170-metre area proximal to a granitoid-metasediment contact with select samples returning assay values in the range of 1.00 to 3.89 g/t Au. Sampling this season indicates that the gold mineralisation is associated with arsenic ("As"), Pb, and copper ("Cu") (Figure 2). Additional till sampling lines followed by detailed prospecting and mapping are required to advance the target.
Sampling of the Gabbro Breccia showing returned 16.0 g/t Au and 8.49 g/t Au. This showing, located approximately 500 metres along trend from the Flood Zone, will receive additional work to potentially advance to drill-ready status.
The Zebra Target received a cursory examination of areas not previously reviewed before drill testing. The best sample that graded 14.6 g/t Au was returned from an exposure on the western limb of the anticline. The next best sample that graded 11.46 g/t Au was returned near the tight fold closure of mafic volcanics over sedimentary units (similar geometry to the Flood Zone). A scout drill hole is planned in the Zebra area to resolve and confirm geological interpretations before defining an aggressive exploration drill campaign.