Blue Star Gold Corp. Sept. 7 reported additional strong gold intercepts in the Gnu Zone at Ulu, one of the company's three properties that cover more than a 45-kilometer (28 miles) stretch of the High Lake Greenstone Belt in Nunavut.

According to a 2015 calculation, the Flood and Gnu zones at Ulu host 2.5 million metric tons of measured and indicated resources averaging 7.53 grams per metric ton (605,000 ounces) gold; and 1.26 million metric tons of inferred resource averaging 5.57 g/t (226,000 oz) gold.

Blue Star recently completed a 3,690-meter drill program that included 13 holes at Gnu; eight holes at Flood, which lies about 600 meters south of Flood; four holes at Central-C Zone, a northern extension of Flood; and one hole at Axis, a zone immediately northwest of Flood.

The company started this program with drilling at Flood Zone.

In July, the company reported that hole DD22-FLO-002, drilled at Flood, cut two zones of mineralization – 17.65 meters averaging 15 g/t gold from a depth of 115.1 meters and 5.7 meters averaging 5.31 g/t gold from 143 meters.

The upper zone encountered in this hole was the best intercept so far by Blue Star.

DD22-FLO-001, which was drilled 125 meters northeast of DD22-FLO-002, cut 17.4 meters averaging 6.52 g/t gold from a depth of 4.4 meters.

In August, Blue Star reported the first assay results from the 2022 drilling at Gnu. This hole, DD22-MIQ-002, cut three meters averaging 2.51 g/t gold from a depth of 137.4 meters.

The latest batch of results are from five additional holes drilled at Gnu; highlights include:

• 2.4 meters averaging 8.5 g/t gold from a depth of 124.2 meters in hole DD22-MSK-001.

• 4.2 meters averaging 8.18 g/t gold from a depth of 94.1 meters in hole DD22-MSK-005.

In addition to the drilling, Blue Star's 2022 exploration program included 3,055-line kilometers of airborne geophysics over all three of its High Lake Greenstone Belt properties; a regional till sampling program at Roma, which lies about 32 kilometers (20 miles) north of the adjoining Ulu and Hood River properties .; and a review and prospecting of 58 targets that are part of more than 100 occurrences identified on the company's landholdings.

Blue Star Gold Corp.

Click on image for larger Ulu drill map.

"Blue Star conducted another successful exploration campaign at its highly prospective Nunavut projects," said Blue Star Gold CEO Grant Ewing. "An important component of the program was the successful progression of many of the prospective target zones closer to drill ready status."

Assays are pending from roughly half the samples from Blue Star's 2022 drill program.

Author Bio

Shane Lasley, Publisher

Over his more than 16 years of covering mining and mineral exploration, Shane has become renowned for his ability to report on the sector in a way that is technically sound enough to inform industry insiders while being easy to understand by a wider audience.

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