Blue Star Intersects 2.6 g/t Au Over 17.3 Metres Including 23.5 g/t Au Over 1 Metre in Nutaaq Area
16 October 2024
Vancouver, British Columbia – October 16, 2024: Blue Star Gold Corp. (TSXV: BAU) (OTCQB: BAUFF) (FSE: 5WP0) ("Blue Star" or the "Company") provides an update from its 2024 exploration program on the Ulu Gold Project in the Kitikmeot region of Nunavut (Figure 1).
Highlights
- Results from drill holes testing both the Nutaaq veins and the inaugural test of the Zebra prospect include:
- Nutaaq veins return 17.3 metres of 2.60 grams per tonne gold (“g/t Au”) including 1.0 metre of 23.5 g/t Au, and 6.6 metres of 2.63 g/t
- Prospecting samples from the Nutaaq trend return 23.0, 8.96, 6.03, and 2.49 g/t Au
- Prospecting samples from the Zebra prospect return grades of 28.1, 14.6, and 5.01 g/t Au
- Inaugural drilling of the Zebra prospect returned encouraging results of 3.6 metres of 1.73 g/t Au including 2.9 metres grading 2.01 g/t
Grant Ewing, CEO of Blue Star stated, “Additional shallow intercepts in the Nutaaq trend support the potential for generating an expanded resource base in the Ulu Gold Deposit area. The positive surface work outcomes in both the Nutaaq and Zebra target areas will lead to the generation of strong drill targets for future programs. The single hole drilled in the Zebra area is important in that it confirmed an anticlinal structure at the prospect; this feature significantly enhances the discovery potential as the area is now believed to represent a geological analog to the fold hosting the large Flood Zone resource.”