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Blue Star Gold Corp BAUFF


Primary Symbol: V.BAU

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.


TSXV:BAU - Post by User

Post by Betteryear2on Mar 02, 2023 8:12pm
406 Views
Post# 35316477

Blue Star Gold Outlines Strong Discovery Potential

Blue Star Gold Outlines Strong Discovery Potential

Vancouver, British Columbia--(Newsfile Corp. - March 2, 2023) - Blue Star Gold Corp. (TSXV: BAU) (FSE: 5WP0) (OTCQB: BAUFF) ("Blue Star" or the "Company") is pleased to provide an update on the 2023 exploration plans at its projects located in the High Lake Greenstone Belt, Kitikmeot Region of Nunavut. The Company has numerous high potential resource expansion and new discovery target areas to assess based on the strong results of prior exploration programs.

Excellent potential exists to expand the updated mineral resource estimate for the Ulu Gold Project. The recent modelling at the Flood Zone deposit has identified potential for a second style of mineralisation (polymetallic veins) that could become a significant contributor to the overall resources outlined. At the Gnu (Nutaaq) Zone, located ~750 metres northeast of the Flood Zone deposit, an undrilled mineralisation trend can be traced for several hundred metres southeast of the resource area, providing strong expansion potential. The newly defined NFN Zone, located ~5 kilometres north of the Flood Zone deposit, has significant down dip and down plunge potential for resource growth. In addition to the considerable potential at the three main resource centres, numerous new target areas with no resources yet defined provide opportunity for additional discoveries.

Blue Star Gold Outlines Strong Discovery Potential at its Nunavut Projects (newsfilecorp.com)

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