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Blue Star discovers new targets, metals

Mining Explorers 2023 - January 18, 2024

Continuing a project-wide exploration program begun in 2022, Blue Star Gold Corp.'s geological team focused its 2023 exploration on elevating earlier staged prospects across the company's Ulu, Hood River, and Roma properties, which cover a more than 45-kilometer (28 miles) stretch of the High Lake Greenstone Belt in Nunavut to drill-ready status.

According to a 2015 calculation, the Flood and Gnu zones on the Ulu property 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 grading 5.57 g/t (226,000 oz) gold.

Blue Star and its predecessor company have explored the gold-rich mineral leases near Nunavut's historic Lupin gold mine for a decade. According to a 2015 resource estimate, the Flood and Gnu zones on the Ulu property host 2.5 million metric tons of measured and indicated resources averaging 7.53 g/t (605,000 ounces) gold; and 1.26 million metric tons of inferred resource grading 5.57 g/t (226,000 oz) gold.

The junior's 2023 program was designed to advance exploration on multiple fronts, including ground-truthing pipeline targets, mapping, lithogeochemical sampling, and prospecting in preparation for more drilling in 2024.

"In 2023, we focused all of our attention on bedrock mapping and prospecting, with the goal of better understanding the geology of the project areas and all of the mineralised showings," said Blue Star Gold Senior Geologist Jaida Lamming.

This campaign led to the discovery of Mikigon, a zone on about 3,000 meters north of the Gnu and Flood zones where rock samples with 47.1 g/t gold, 29.6 g/t gold, and 22.7 g/t gold were collected.

In total, the company collected 319 samples from 17 different targets. While most of the sampling was at targets proximal to the current resource, the highest grade sample (47.6 g/t gold) came from the Auma prospect on the Roma property.

"The discovery of the Mikigon prospect this year, and the high sample grades returned from numerous other areas highlight the exceptional new discovery potential at the company's projects," said Blue Star Gold CEO Grant Ewing. "Blue Star is continuing to assess and refine its target pipeline in preparation for the next discovery drill program."

The 2023 sampling also turned up targets with intriguing cobalt, copper, silver, and zinc values.

"The emphasis is on evaluating and prioritizing the large pipeline of gold targets, but the strong evidence of critical minerals potential throughout our landholdings adds a significant secondary focus for Blue Star," Ewing added.

Author Bio

Shane Lasley, Publisher

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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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