Welcome to our dedicated page for Blue Star Gold news (Ticker: BAUFF), a resource for investors and traders seeking the latest updates and insights on Blue Star Gold stock.
Blue Star Gold Corp. (BAUFF) maintains an active exploration program across its Nunavut-based gold and critical metals projects. This news hub provides investors with official updates on drilling campaigns, geophysical survey results, and corporate developments within the High Lake Greenstone Belt.
Our curated collection features verified press releases regarding resource modeling advancements, field program outcomes, and strategic partnerships. Users will find updates on flagship assets including the Ulu Gold Project’s structural analyses and the Roma Project’s mineralization studies, all reported under NI 43-101 standards.
Key content categories include quarterly exploration summaries, technical report highlights, and management commentary on regional development opportunities. The archive serves as a historical record of operational milestones while maintaining focus on current activities.
Bookmark this page for direct access to unfiltered updates from Blue Star Gold’s exploration teams. Combine these primary sources with our analysis tools to track the company’s progress in developing Canada’s northern mineral resources.
Blue Star Gold Corp. (BAUFF) has announced significant advances in understanding its flagship Flood Zone deposit in Nunavut's West Kitikmeot Region. The company reported notable deep high-grade gold intercepts, including 12.74 g/t Au over 1.68 metres and 12.18 g/t Au over 0.6 metres at ~950 metres depth, and 14.67 g/t over 7.85 metres at ~590 metres depth.
A new structural model reveals that veins at the northwest end rotate southward, deviating from the known system's southeast trend. The deposit, characterized by gold and arsenopyrite in quartz veins, extends ~450 metres in length and has been drilled to ~1,000 metres depth, remaining open along plunge and down dip.
The company is planning a 2,000 to 4,500 metre drill program to test expansion potential, particularly focusing on the intersection of the mineralized system with the A1 basalt-sedimentary rock contact.
Blue Star Gold Corp. (BAUFF) has announced developments at its Axis prospect, located less than 300 meters from the high-grade Flood deposit on the Ulu Property in Nunavut. The prospect features historical surface grades up to 35.22 g/t Au and shows significant potential based on 2023 IP survey data.
Key highlights include:
- An untested IP chargeability anomaly identified in 2023
- Surface mineralization extending over 200+ meter strike length
- Identical mineralization and alteration styles to the Flood Zone deposit
- A moderately dipping anomaly approximately 170 meters below surface
Previous drilling has not directly evaluated this anomaly, as holes were either too shallow or drilled parallel to the trend. The company plans to test the target with a ~300-meter initial drill hole, with an additional 1,000 meters of drilling contingent on results.
Blue Star Gold Corp. (BAUFF) announces significant progress at its Central prospect, located less than 300 meters from the high-grade Flood Zone deposit at the Ulu Gold Project in Nunavut. The prospect features three gold mineralization zones extending over a 525-meter strike length, positioned approximately 200 meters from existing underground infrastructure.
Key findings include a 2022 drill test that intersected a 40-meter-wide alteration zone grading 0.73 g/t Au near surface. Historical drilling from the 1990s yielded high-grade intercepts of 27.5 g/t Au over 1.09 meters and 21.75 g/t Au over 0.96 meters. Recent geological studies have identified a highly prospective 'A1' basalt unit, which hosts significant Flood Zone mineralization.
The company plans a 1,500-meter drill program to evaluate the Central-C target both down dip and along strike, targeting mineralized structures within the prospective A1-basalt unit.
Blue Star Gold Corp. (BAUFF) has identified a significant new target at its Auma Property in Nunavut, located 15 kilometers west of the proposed Gray's Bay Road. The target features a +400-metre-long high-grade gold strike with visible gold in surface samples.
Key findings include vein-hosted, pyrrhotite-rich mineralization in mafic volcanic rocks and several untested airborne magnetic and conductive trends. Historical drilling revealed notable intercepts, including 15.3 g/t gold over 2.6 metres. Recent sampling by Blue Star confirmed high grades with values up to 47.6 g/t Au in 2023 and 31.7 g/t Au in 2024, with 65% of samples returning >1.0 g/t Au.
The property has seen exploration, with only six short drill holes totaling less than 350 metres. The company plans to conduct ground magnetics and Loupe EM surveys to refine drill targets and better understand the structural setting.
Blue Star Gold announces the extension of its Ataani massive sulphide discovery to over 300 meters, remaining open for further expansion. The discovery, located less than 13 km from High Lake deposits and 6 km from the proposed Grays Bay Road, represents the first new massive sulphide find in the region in approximately 20 years. The company has also completed a strategic 1,587-hectare expansion of its Roma Project near MMG's High Lake deposits. Final drill results from the 2024 Ataani program show significant copper and gold mineralization, with intercepts including 5.00 meters of 0.63% Cu and 0.76 g/t Au.
Blue Star Gold has issued the second tranche of 98,451 common shares at $0.45 per share as part of a loan renewal agreement with director Dr. Georg Pollert. The agreement relates to a $2.54 million loan ($2.44M principal plus $102K accrued interest) with a three-year term at 3% annual interest. A total of 295,354 shares will be issued as a loan bonus in three tranches, with the first tranche issued on October 25, 2023, and the final tranche due by October 25, 2025. The shares are subject to a four-month hold period, and the transaction qualifies for exemptions from formal valuation and minority shareholder approval requirements.
Blue Star Gold Corp. (TSXV: BAU) (OTCQB: BAUFF) has released results from its 2024 exploration program on the Ulu Gold Project in Nunavut. Highlights include:
- Nutaaq veins: 17.3 metres of 2.60 g/t Au including 1.0 metre of 23.5 g/t Au
- Prospecting samples from Nutaaq trend: up to 23.0 g/t Au
- Zebra prospect samples: up to 28.1 g/t Au
- Inaugural Zebra drilling: 3.6 metres of 1.73 g/t Au
The program included five drill holes in the Nutaaq trend and one in the Zebra prospect. Results support potential for expanding the resource base near the Ulu Gold Deposit. The Zebra drilling confirmed an anticlinal structure, enhancing discovery potential as it may be analogous to the Flood Zone resource.
Blue Star Gold Corp. (TSXV: BAU) (OTCQB: BAUFF) reports results from its 2024 exploration program on the Ulu Gold Project in Nunavut. Highlights include:
- Targeted Flood Zone structure returns 3.66 metres of 8.46 g/t Au including 1.00 metre of 15.25 g/t Au
- Extended Flood Zone with drillhole intercepts of 9.61 metres of 1.83 g/t Au including 1.36 metres of 3.66 g/t Au, and 3.22 metres of 7.52 g/t Au including 2.01 metres of 10.38 g/t Au
- Mikigon drilling indicates a pathfinder halo for the system with 1+ g/t Au intervals associated with quartz veining
The company conducted a drill program at the Mikigon target, which returned low grades but provided valuable drill core data. Next steps include revising the Flood Zone deposit geological model and extending mineralization shells to determine impacts on the current resource model.
Blue Star Gold Corp. (TSXV: BAU) (OTCQB: BAUFF) has provided an update on its 2024 exploration program at the Roma Project in Nunavut. The company's second drill hole at the Ataani discovery returned 7.20 metres of 1.145% copper equivalent (CuEq) within a 26.9-metre zone of 0.576% CuEq in stringer to massive sulphide mineralization. The third drill hole intersected 1.7 metres of 0.880% CuEq.
CEO Grant Ewing highlighted the potential for a large system in the area, noting the proximity to the proposed Grays Bay Road and the High Lake VMS Deposit. The company completed a 1,365-metre drilling program following initial electromagnetic surveying. Results from two additional drill holes are pending. Blue Star plans to conduct deposit modeling after receiving all assay data to determine impacts on the resource base and prioritize targets for 2025.
Blue Star Gold Corp. (TSXV: BAU) (OTCQB: BAUFF) has reported initial assay results from its exploration program at the Ulu and Roma Projects in Nunavut. The company discovered a massive sulphide lens at the newly named Ataani Target, with the first drill hole returning 17.1 metres of 0.973% copper equivalent. Highlights include:
- 17.1 metres grading 0.42% Cu, 1.43% Zn, 0.03% Pb, 9.19 g/t Ag, and 0.13 g/t Au
- Gold equivalent grade of 1.563 g/t over 17.1 metres
- All five Ataani drill holes intercepted massive sulphide mineralization
- The discovery is proximal to the proposed Grays Bay Road (~6 km) and High Lake VMS Deposit (~12 km)
The company's CEO, Grant Ewing, emphasized the potential for additional near-surface massive sulphide discoveries in the area. Assay results for the remaining drill holes are pending.
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