Announcement Date: 2022-10-25
Announcement Type: Drilling Results
Announcement Code: NI43-101
Company name: Blue Star Gold Corp.
Project name: Ulu/Hood River
Location: Canada
Commodities: Gold
Highlight: Drilling results incl. 40.24m at 0.73g/t Au from 126.76m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Vancouver, British Columbia–(Newsfile Corp. – October 25, 2022) – Blue Star Gold Corp. (TSXV: BAU) (FSE: 5WP0) (OTCQB: BAUFF) (“Blue Star” or the “Company”) announces additional results from its 2022 exploration program across the Company’s highly prospective Ulu, Hood River, and Roma projects located in the Kitikmeot Region of Nunavut. All drilling was completed with oriented core to assist in geological modeling. In addition, 58 of the >100 showings in the ‘target pipeline’ were reviewed, prospected, and mapped. Approximately 50% of the program samples are pending laboratory results, most of which are rock and soil samples. Discussion of Drill Results Reported: The Central Zone target area is comprised of three inferred sub-parallel calc-silicate altered and locally mineralised structures traced intermittently on surface for up to 2,000 metres. One zone, Central-C, was chosen for additional drilling this season due to its proximity to the Flood Zone, the strong alteration present, and the down dip continuity determined from previous drilling. Drilling indicates a potential change in orientation of the structure parallel to the Flood Zone, a more favourable orientation for mineral development.
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