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Blue Star Gold (TSXV:BAU) files technical report on its Ulu Gold Project

Jocelyn Aspa Jocelyn Aspa, The Market Online
0 Comments| March 17, 2023

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  • Blue Star Gold (BAU) has filed its NI 43-101 technical report for the Ulu Gold Project in Nunavut
  • The report supports disclosures made by the company in a February 2023 release updating the mineral resource estimate on the project
  • The company said there are no differences between the technical report and the release from February
  • Highlights include measured and indicated resource of 2.5 million tonnes at an average grade 0f 7.02 grams per ton of gold for 572,000 ounces of gold
  • The inferred mineral resource is 1.28 million tons at an average grade of 7.34 g/t gold for 303,000 ounces of gold
  • Shares of Blue Star Gold Corp. are unchanged at C$0.42 from yesterday’s close

Blue Star Gold (BAU) has filed its NI 43-101 technical report for the Ulu Gold Project in Nunavut.

The company said the report supports disclosures made in a February 22, 2023 press release updating the mineral resource estimate at the project.

According to Blue Star Gold, there are no differences between the report or the press release.

Highlights of the mineral resource estimate include:

  • Measured and Indicated Resource of 2.535 million tonnes at an average grade of 7.02 grams per tonne gold for 572,000 ounces of gold;
  • Inferred Mineral Resource of 1.283 million tonnes at an average grade of 7.34 g/t gold for 303,000 ounces of gold;
  • The multitude of gold showings and zones that have seen only limited detailed assessment provides the Company with excellent resource expansion potential throughout its district-scale projects.

Headquartered out of Vancouver, BC Blue Star Gold is focused on exploring and developing projects in Nunavut. The company owns the Ulu Gold Project and the Roma Project.

Shares of Blue Star Gold Corp. (BAU) are unchanged at C$0.42 from yesterday’s close.



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