Blue Star Extends Ataani Massive Sulphide Discovery
29 October 2024
Vancouver, British Columbia – October 29, 2024: Blue Star Gold Corp. (TSXV: BAU) (OTCQB: BAUFF) (FSE: 5WP0) ("Blue Star" or the "Company") provides an update on the Ataani discovery and announces a strategic expansion of its landholdings in the High Lake Belt in the Kitikmeot region of Nunavut.
Highlights
- Ataani, the first new massive sulphide discovery in the region in ~20 years, confirms the untapped potential of the High Lake Belt
- Located less than 13 km from the High Lake deposits and 6 km from the proposed Grays Bay Road
- This VMS mineralization has now been tested and confirmed over a 300-metre strike length, and remains open
- Strategic low-cost mineral exploration agreement expands Blue Star’s footprint in the prospective High Lake Greenstone Belt, covering an area known for its gold rich VMS deposits
- 1,587-hectare expansion of the Roma Project to cover strategic ground proximal to MMG’s High Lake deposits
- Project encompasses several promising VMS prospects characterized by high grade copper values in surface rock samples
- New prospects occur within the High Lake deposit stratigraphy, less than 2-3 km from MMG’s West Zone deposit
Grant Ewing, CEO of Blue Star stated, “The Ataani massive sulphide discovery, one of the highlights of our 2024 exploration campaign, further demonstrates the underexplored nature of our extensive landholdings in the High Lake Belt. Blue Star recently completed a strategic expansion of the Roma Project to include known historical and untested targets between the Ataani discovery and the existing High Lake deposits, providing additional high potential resource growth areas for the Company.”