(The Ulu Property covers 947 hectares, located approximately 523 km north of Yellowknife NT. Image via Blue Star Gold Corp.) A Vancouver-based gold and silver Company is out with the latest assay results from its highly prospective exploration ground in Nunavut Territory. 
Blue Star Gold Corp. (TSX-V: BAU, OTC: WPCZF, Forum) just released further assay results from its recently completed 7,624 metre diamond drilling program at its Ulu and Hood River properties.
Located approximately 525 km. to the north-north east of Yellowknife, NT in the Kitikmeot region of western Nunavut, the Ulu Gold Property lease is an advanced gold and silver project under ownership of the Company, while the highly prospective Hood River gold concessions are contiguous with the Ulu mining lease.
The combined properties total approximately 90 sq. km. (9,000 hectares) of prospective mineral claims within which the Company has a significant high-grade gold resource on the Ulu lease, and numerous high-grade gold occurrences and priority targets throughout the Ulu and Hood River properties. Kugluktuk (a hamlet located at the mouth of the Coppermine River in the Kitikmeot Region) is roughly 210 km. to the north west.
Program highlights: In
an October 2020 news release for investors, BAU noted that 7,624 metres were drilled in 38 diamond drill holes, 10 of which were drilled at Ulu and Gnu deposits to expand known resources and confirm the geologic model. 28 holes were drilled to test exploration targets on both the Ulu and Hood River properties, including fourteen in the North Fold Nose (NFN) zone.
The Flood zone holes were drilled to; provide additional geologic information and confirm certain aspects of the geologic model of the deposit, to improve drill hole density and allow for possible upgrading of the resource category, and to expand the resource base. The Gnu zone hole was drilled to further understand the host structure. The 3 Hood River property holes tested two early stage targets (INT and Bizen zones) on the highly prospective property.
From the release, the Company reported the following highlights for gold assay results from the Flood zone:
- (407 - 411m): 4 m of 12.5 g/t Au; including (408 - 409m): 1 m @ 21.3 g/t Au; and including (409 - 410m): 1 m @ 22.4 g/t Au
- (432 - 436m): 4 m of 9.98 g/t Au; including (433 - 434m): 1 m @ 12.15 g/t Au ; and including (434 - 435m): 1 m @ 13.55 g/t Au
- (487 - 501m): 14 m of 4.23 g/t Au; including (491 - 492m): 1m @ 14.8 g/t Au
- (504 - 511m): 7 m of 12.5 g/t Au; including (505 - 506m): 1 m @ 30.8 g/t Au; and including (509 - 510m): 1 m @ 21.8 g/t Au
The Company also released the following gold assay highlight results (un-cut) for the GNU zone:
- (25 - 27m): 2 m of 52.7 g/t Au; including (25 - 26m): 1 m @ 33.6 g/t Au, and including (26 - 27m): 1 m @ 71.8 g/t Au
What’s next: The Company believes that the Flood and Gnu zones have excellent resource expansion potential and anticipates that the first resource estimate for the NFN zone will be completed. The rest of the assay results from this program are expected to be announced over the coming weeks through into early December 2020.
Following that, the Company is planning an aggressive exploration program in 2021, which will focus on expanding the high-grade resource base (Flood and Gnu zones), and targeting proximal to the resource zones where excellent potential exists for new discoveries. This is an ideal time for investors to keep Blue Star Gold Corp. on the radar to see what comes next.
For information on the Company and its projects, please visit our website:
www.bluestargold.ca.