Blue Star Gold Corp. reports news about mineral exploration and development in Nunavut, Canada, with a focus on the High Lake Greenstone Belt. The company's recurring updates cover the Ulu Gold Project, including the Ulu Mining Lease and Flood Zone Gold Deposit, as well as the Roma and Auma projects.
Company news commonly addresses drilling, surface sampling, overburden stripping, airborne and ground electromagnetic surveys, historical data acquisition, and property expansions. Updates also cover gold targets, copper-rich volcanogenic massive sulphide mineralization, critical mineral prospects, and corporate financing matters tied to exploration and project permitting.
Blue Star Gold (BAUFF) reported gold-bearing channel sampling results from its MOV prospect on the Avalliq property in Nunavut.
The 2026 program collected 11 channels comprising 34 samples. Nine channels tested approximately 50 metres of the historically exposed 105-metre vein system; two tested separate exposures. Channel 26AGC006 returned 1.79 metres at 24.78 grams per tonne gold, including 0.93 metres at 44.5 grams per tonne. Channel 26AGC004 returned 2.37 metres at 5.03 grams per tonne, including 0.37 metres at 29.2 grams per tonne.
Gold occurred in quartz veins and altered host rocks. Blue Star plans to evaluate potential extensions southward and down-dip to the southeast; further mapping and sampling may follow. No MOV drilling is documented in the historical records reviewed. Two samples reached the laboratory's 10,000 ppm tungsten reporting limit, with over-limit analyses requested.
Blue Star Gold (BAUFF) reported final Phase 2 drilling results extending known gold mineralization approximately 230 metres south of its North Fold Nose resource.
At North Fold Nose, hole 26HND002 returned 6.0 metres of 8.18 grams per tonne gold, including 1.0 metre of 47.10 grams per tonne. Hole 26HND001 returned 8.0 metres of 2.94 grams per tonne, while the southernmost hole returned 1.6 metres of 2.62 grams per tonne. Further drilling is required to establish grade continuity and assess inclusion in future resource estimates.
North Nutaaq hole 26UND006 returned 2.2 metres of 9.95 grams per tonne gold; hole 26UND007 returned 7.0 metres of 3.01 grams per tonne. Maiden drilling at Roma Main intersected gold-bearing quartz veins. Blue Star plans further targeting at all three areas, including the largely untested 2.5-kilometre contact south of North Fold Nose.
Blue Star Gold (BAUFF) extended its Ataani polymetallic system, with all three exploration holes drilled in 2026 intersecting sulphide mineralization. Hole 26RHD003 returned 27.17 m grading 1.19 g/t gold equivalent, including 2.82 m at 3.66 g/t. Gold equivalent combines metal grades using assumed prices and recoveries. Hole 26RHD002 returned separate intervals of 18.29 m at 25.01 g/t silver and 20.71 m at 1.42% zinc, including 6.0 m at 3.28% zinc.
Regional drilling tested Stu, South, Cairo and Juno. South has an untested off-hole electromagnetic conductor; Juno assays remain pending. Cairo returned 2.42 m at 0.23% copper and 0.40% zinc, with no significant downhole electromagnetic response. Blue Star plans further evaluation of Ataani's southern continuation and regional targets. At Sand Lake, it is reviewing historical data and sees potential to advance toward an initial mineral resource estimate through confirmation and infill drilling.
Blue Star Gold (BAUFF) completed its 2026 Phase 2 drilling program at the Auma Project, reporting multiple high-grade gold intercepts at the Bamako Target and promising initial results at the Penny Lane Target.
At Bamako, hole 26ABD006 returned 4.3 m of 6.06 g/t Au from 82.7 m downhole, including 0.3 m of 35.40 g/t Au and 0.3 m of 25.20 g/t Au. Hole 26ABD008 cut 2.7 m of 6.23 g/t Au from 60.1 m (including 0.6 m of 19.75 g/t Au) and 2.4 m of 3.67 g/t Au from 96.2 m (including 0.4 m of 15.75 g/t Au). At Penny Lane, first-ever drilling intersected 2.7 m of 2.73 g/t Au and 0.101% Cu in hole 26APD012, and 3.0 m of 0.98 g/t Au with 0.212% Cu in 26APD013, confirming a mineralized structure 1.2 km south of Bamako.
In total, 6,552 m were drilled across ten gold and critical mineral targets. Next steps include data compilation and geological modelling to prioritize follow-up drilling, and the company announced the appointment of Trish Toole as Exploration Manager, with Vice President Exploration Darren Lindsay to resign on October 30 and continue as Technical Advisor.
Blue Star Gold (OTCQB: BAUFF) reported initial Phase 2 drilling results from its 2026 exploration program at the Auma Project’s Bamako prospect in Nunavut. The maiden 2,400 m drill campaign has intersected multiple high-grade gold intervals and confirmed a gold system over an unconstrained 300 m strike length at shallow depths.
Key intercepts include 8.0 m of 2.65 g/t Au, 2.0 m of 9.44 g/t Au and 1.9 m of 16.74 g/t Au in hole 26ABD003, and 2.0 m of 10.60 g/t Au including 0.5 m of 39.1 g/t Au in hole 26ABD005. All five reported holes (26ABD001–005) show gold mineralization, extending mineralized continuity between historical drilling and previously undrilled areas. The Auma property covers ~11,794 hectares and is prospective for both high-grade orogenic gold and VMS-related zinc and copper. Follow-up drilling and post-season modelling are planned to advance Auma toward a potential new gold resource centre in the High Lake Belt.
Blue Star Gold (OTCQB: BAUFF) reported initial 2026 Phase 2 drilling results from the Nutaaq (North) target on its Ulu property in Nunavut. All five wide-spaced drill holes intersected the targeted structures and returned gold mineralization within broader alteration zones, confirming a strong hydrothermal system along the 1,600‑metre Nutaaq trend.
Key intercepts include hole 26UND003 with 1.2 m of 8.66 g/t Au from 49.8 m, and 8.0 m of 2.56 g/t Au from 74.0 m, including 1.5 m of 7.41 g/t Au within a 12 m alteration corridor. Hole 26UND004 cut 3.4 m of 2.70 g/t Au from 36.3 m within a 3.8 m alteration zone. Other holes intersected mineralized structures with lower grades, still indicating system continuity. According to the company, follow-up and infill drilling are warranted to vector into higher-grade zones and may positively impact the Nutaaq resource.
Blue Star (OTCQB: BAUFF) will receive up to $250,000 from Nunavut's Discover, Invest, Grow program to support drilling at its Auma Project, including an initial $125,000 contribution.
Blue Star also filed a NI 43-101 Technical Report for the Ulu Gold Project, confirming a Measured and Indicated resource of 2.204 Mt at 7.87 g/t Au (558,000 oz) and an Inferred resource of 3.263 Mt at 4.54 g/t Au (476,000 oz). Metallurgical studies suggest potential gold recoveries above 90%, and mineralization remains open. The projects sit 40–100 km south of the proposed Grays Bay port and road corridor.
Blue Star Gold (OTCQB: BAUFF) has commenced its Phase 2 drilling program, initially targeting North Nutaaq and the Bamako target at the Auma Project in Nunavut. Auma plans about 2,000 metres of drilling along a 400-metre strike with high-grade historical samples and intercepts.
Phase 2 follows a VMS-focused Phase 1 and includes follow-up on a 2025 North Nutaaq intercept of 7.31 g/t gold over 5.7 metres and historical Auma intercepts of 15.3 g/t gold over 2.60 metres, plus additional Phase 1 surface and channel work.
Blue Star (OTCQB: BAUFF) completed Phase 1 geophysics on its Nunavut critical mineral targets and mobilised Phase 2 drilling. Two diamond rigs will test high-potential gold at Auma and North Nutaaq, then critical mineral VMS targets refined by 64.2 line-kilometres of FLEM surveys over nine grids.
Blue Star Gold (OTCQB: BAUFF) updated the NI 43-101-compliant Mineral Resource Estimate for its Ulu Gold Project in Nunavut.
The MRE outlines 2.204 Mt of Measured & Indicated resources at 7.87 g/t Au for 558 koz and 3.263 Mt of Inferred at 4.54 g/t Au for 476 koz. Conceptual open-pit and underground scenarios use cut-offs of 0.8 g/t and 2.0 g/t Au. Existing metallurgical work suggests potential recoveries above 90%, and gold mineralization remains open for expansion across multiple zones within a 42,342-hectare district-scale land package.