Blue Star’s Target Series: Axis Prospect IP Chargeability Anomaly, Untested Orientation, Drill-Ready

18 March 2025

Vancouver, British Columbia – March 18, 2025: Blue Star Gold Corp. (TSXV: BAU) (OTCQB: BAUFF) (FSE: 5WP0) ("Blue Star" or the "Company"), a leading explorer in Canada’s North, is excited to discuss the advancement of the Axis prospect, a priority mineralized trend located less than 300 metres from the high-grade Flood deposit on its Ulu Property, located in the West Kitikmeot Region of Nunavut.  
 
Axis Target Highlights 

  • Historical high-grade target within the axial plane of the Ulu anticline - surface grades up to 35.22 g/t Au
  • 2023 Induced Polarisation (IP) chargeability anomaly outlines an untested target orientation and depth; the alteration model supports the IP trend
  • Revised structural interpretation aligns with the IP survey data
  • Surface mapping identifies acicular arsenopyrite and gold mineralization, along with biotite alteration and brecciation
  • Potential intersection of the Central and Axis targets, creating a significant target zone
“The Axis IP target is a very compelling prospect,” said Grant Ewing, CEO of Blue Star. “Located just 300 metres from the high-grade Flood deposit, this area has long been considered a high-priority target. Our updated geological understanding of the host stratigraphy, the 2023 IP survey data, and the new alteration model have increased our confidence that the target area could potentially host a significant discovery."

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