Blue Star Gold Corp V.BAU

Alternate Symbol(s): BAUFF

Blue Star Gold Corp. is a mineral exploration and development company focused in Nunavut, Canada. The Company's landholdings total approximately 270 square kilometers of highly prospective and underexplored mineral properties in the High Lake Greenstone Belt. The Company's projects include Ulu Gold Project and Roma Project. The Company's properties are located around 525 kilometers (km) north northeast (NNE) of Yellowknife, NT in the Kitikmeot region of western Nunavut. The Ulu Gold Project, is comprised of the Ulu Mining Lease and the contiguous Hood River Property, together encompassing approximately 12,000 hectares (ha). The Ulu property consists of a renewable 21-year mining lease and covers an area of approximately 947 ha. The Hood River property is contiguous to the Ulu lease to the north, east and south. The Roma project encompasses 10,405 ha of crown mineral claims and a mineral exploration agreement that totals 4,119 ha in the northern section of the High Lake Greenstone Belt.

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Blue Star Gold Corp

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Comment by wasagastaron Sep 09, 2016 9:08am

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Post# 25221164

RE:potential is staggering

Lupin and ULU will start off with 1.2m ounces gold before they do serious drilling. Back in the day Lupin was only drilled for three years work - that was the practice of companies at the time. Lupin and ULU are under developed. This company is close to producing 100k ounces per year - that is the plan. With small capex investment to drill and refurbish the Lupin mine, this will be a 100K gold producer soon. Once they own it they should be valued at least $50 per ounce but really more because they already will have the $250m in assets once the deal is signed and done.

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