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Blue Star Reports Nutaaq Field and Drill Results Including 7.31 g/t Gold Over 5.7 Metres

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Blue Star Gold Corp. (OTCQB: BAUFF) has announced significant drill results from its exploration program in Nunavut's High Lake Belt. The program's highlight includes an intersection of 7.31 g/t gold over 5.7 metres at the Nutaaq trend. Drill hole 25UND-002 yielded multiple high-grade intervals, including 4.33 g/t Au over 2.79m, 1.40 g/t Au over 7.97m, and 7.31 g/t Au over 5.70m (including 1.80m of 21.1 g/t Au).

The exploration successfully expanded the Nutaaq trend 335 metres west-northwest of the Gnu Zone resource area, extending the total target area to 1,600 metres. Surface sampling revealed impressive results, with grab samples returning up to 115.5 g/t Au. The company plans to conduct a robust drill program in 2026 to further test the trend's full potential.

Blue Star Gold Corp. (OTCQB: BAUFF) ha annunciato risultati di trivellazione significativi dal suo programma di esplorazione nel High Lake Belt di Nunavut. Il punto culminante del programma include un'intersezione di 7.31 g/t gold over 5.7 metres presso la trend Nutaaq. Il pozzo di trivellazione 25UND-002 ha fornito multipli intervalli ad alta intensità, tra cui 4.33 g/t Au over 2.79m, 1.40 g/t Au over 7.97m, e 7.31 g/t Au over 5.70m (incluso 1.80m di 21.1 g/t Au). L'esplorazione ha ampliato con successo la trend Nutaaq a 335 metri west-northwest della zona Gnu, estendendo l'area target totale a 1,600 metri. Campioni superficiali hanno rivelato risultati notevoli, con campioni fino a 115.5 g/t Au. L'azienda intende effettuare un robusto programma di trivellazione nel 2026 per testare ulteriormente il potenziale completo della tendenza.
Blue Star Gold Corp. (OTCQB: BAUFF) ha anunciado resultados significativos de perforación en su programa de exploración en la High Lake Belt de Nunavut. El punto alto del programa incluye una intersección de 7.31 g/t Au over 5.7 metres en la tendencia Nutaaq. La perforación 25UND-002 arrojó varios intervalos de alta ley, incluyendo 4.33 g/t Au over 2.79m, 1.40 g/t Au over 7.97m, y 7.31 g/t Au over 5.70m (incluyendo 1.80m de 21.1 g/t Au). La exploración expandió con éxito la tendencia Nutaaq a 335 metros west-northwest de la zona Gnu, ampliando el área objetivo total a 1,600 metros. Los muestreos superficiales mostraron resultados impresionantes, con muestras grab que retornaron hasta 115.5 g/t Au. La compañía planea realizar un sólido programa de perforación en 2026 para probar aún más el potencial total de la tendencia.
Blue Star Gold Corp. (OTCQB: BAUFF)는 누나부트의 하이 레이크 벨트에서 실시한 탐사 프로그램의 중요한 시추 결과를 발표했다. 프로그램의 하이라이트는 Nutaaq 트렌드에서 5.7m 길이의 7.31 g/t 금의 교차 구간이다. 시추 구멍 25UND-002는 2.79m에서 4.33 g/t Au, 7.97m에서 1.40 g/t Au, 5.70m에서 7.31 g/t Au 등 다수의 고품位 구간을 산출했다( 1.80m의 21.1 g/t Au 포함). 탐사는 Gnu 지대 자원 지역에서 서쪽 북서방으로 335m 확장되어 Nutaaq 트렌드를 성공적으로 확장했고, 전체 표적 지역을 1,600m로 확장했다. 지표 시료에서 최대 115.5 g/t Au의 인상적인 결과가 나왔다. 회사는 2026년에 트렌드의 전체 잠재력을 추가로 테스트하기 위해 강력한 시추 프로그램을 수행할 계획이다.
Blue Star Gold Corp. (OTCQB : BAUFF) a annoncé des résultats de forage significatifs dans son programme d'exploration dans la ceinture High Lake du Nunavut. Le point fort du programme est une intersection de 7.31 g/t d'or sur 5,7 mètres dans la tendance Nutaaq. Le forage 25UND-002 a donné plusieurs intervalles de haute teneur, notamment 4.33 g/t Au sur 2,79 m, 1.40 g/t Au sur 7,97 m, et 7.31 g/t Au sur 5,70 m (dont 1,80 m à 21,1 g/t Au). L'exploration a réussi à étendre la tendance Nutaaq à 335 mètres à l'ouest-nord-ouest de la zone Gnu, portant la zone cible totale à 1 600 mètres. Des prélèvements de surface ont révélé des résultats impressionnants, avec des échantillons allant jusqu'à 115,5 g/t Au. La société prévoit de mener un programme de forage robuste en 2026 pour tester plus avant le potentiel total de la tendance.
Blue Star Gold Corp. (OTCQB: BAUFF) hat bedeutende Bohrergebnisse aus dem Explorationsprogramm im High Lake Belt von Nunavut bekannt gegeben. Höhepunkt des Programms ist eine Durchschneidung von 7,31 g/t Gold über 5,7 Meter in der Nutaaq-Trend. Bohrloch 25UND-002 lieferte mehrere hochgradige Abschnitte, darunter 4,33 g/t Au über 2,79 m, 1,40 g/t Au über 7,97 m und 7,31 g/t Au über 5,70 m (einschließlich 1,80 m mit 21,1 g/t Au). Die Exploration hat den Nutaaq-Trend erfolgreich 335 Meter west-nordwest der Gnu-Zone ausgedehnt und das gesamte Zielgebiet auf 1.600 Meter erweitert. Oberflächenproben ergaben beeindruckende Ergebnisse, mit Proben bis zu 115,5 g/t Au. Das Unternehmen plant für 2026 ein umfassendes Bohrprogramm, um das volle Potenzial des Trends weiter zu testen.
أعلنت Blue Star Gold Corp. (OTCQB: BAUFF) عن نتائج حفر كبيرة من برنامجها الاستكشافي في حزام High Lake بنونافوت. يبرز في البرنامج تقاطع يبلغ 7.31 g/t من الذهب على 5.7 أمتار في اتجاه Nutaaq. أتاح الحفر 25UND-002 فترات عالية الجودة متعددة، بما في ذلك 4.33 g/t Au على 2.79م، و1.40 g/t Au على 7.97م، و7.31 g/t Au على 5.70م (شاملاً 1.80م من 21.1 g/t Au). توسع الاستكشاف بنجاح اتجاه Nutaaq بمقدار 335 متراً غرب-شمال غرب منطقة Gnu، ليمتد إجمالي منطقة الهدف إلى 1,600 متر. كشفت عينات السطح عن نتائج مثيرة، مع عينات حتى 115.5 g/t Au. تخطط الشركة لإجراء برنامج حفر قوي في 2026 لاختبار الإمكانات الكاملة لهذا الاتجاه.
Blue Star Gold Corp.(OTCQB:BAUFF)宣布了在努纳武特的 High Lake Belt 勘探计划中的重要钻探结果。该计划的亮点包括在 Nutaaq 带上方的 7.31 g/t 金,覆盖 5.7 米 的交叉段。钻孔 25UND-002 获得了多个高品位区间,包括 4.33 g/t Au,2.79 m1.40 g/t Au,7.97 m、以及 7.31 g/t Au,5.70 m(其中含 1.80 m 的 21.1 g/t Au)。勘探成功将 Nutaaq 趋势向西北西 335 米扩展至 Gnu 区域,实现目标区域总扩展至 1,600 米。地表样品显示出令人印象深刻的结果,拦截样品最高达到 115.5 g/t Au。公司计划在 2026 年开展强有力的钻探计划,以进一步测试该趋势的全部潜力。
Positive
  • High-grade gold intersections with best result of 7.31 g/t gold over 5.7 metres
  • Significant expansion of Nutaaq trend to 1,600 metres, extending 335 metres west-northwest of Gnu Zone
  • Exceptional surface grab samples up to 115.5 g/t Au indicating strong mineralization potential
  • Multiple mineralized intervals discovered in drill hole 25UND-002
Negative
  • Drill hole 25UND001 showed lower than expected results with only 0.79 g/t Au over 1.5 metres
  • Structure in target area not fully understood due to unexpected gabbro-sediment contact

Vancouver, British Columbia--(Newsfile Corp. - October 1, 2025) - Blue Star Gold Corp. (TSXV: BAU) (OTCQB: BAUFF) (FSE: 5WP0) ("Blue Star" or the "Company"), a leading explorer in Canada's North announces initial drill results from the recently completed Exploration Program at its projects located in the High Lake Belt, West Kitikmeot Region of Nunavut (Figure 1). Blue Star's drilling program ended on August 30th after testing five target areas identified during the Phase I Surface Exploration Program. Results are available from the two targets tested along the 1,600-metre-long Nutaaq trend.

Highlights

  • 25UND-002 returned 2.79 meters (m) of 4.33 grams/tonne gold (g/t Au) from 54.14 metres downhole, and 7.97 m of 1.40 g/t Au and 5.70 m of 7.31 g/t (including 1.80 m of 21.1 g/t Au) from 81.9 metres and 105 metres downhole respectively

  • Drilling expanded the Nutaaq trend 335 metres west-northwest of the Gnu Zone resource area for a total target area length of at least 1,600 metres

  • Surface grab samples from a structure parallel to, and 150 metres southeast of the target tested by 25UND-002 returned assay values of 115.5 g/t Au, 115.0 g/t Au, 10.05 g/t Au and 3.23 g/t Au

  • Surface samples of the Alone vein located at the east-southeast end of the Nutaaq trend provided confirmation sample results of 6.64 g/t Au and 12.15 g/t Au

"Continued groundwork along the Nutaaq trend consistently presents the exploration team with additional targets to build on the Gnu Zone resource," said Grant Ewing, CEO of Blue Star, "The high-grade gold grabs at surface, along with untested geophysical anomalies, suggest that there is potential to build additional resource ounces along the 1.6-kilometre-long trend. We are looking forward to advancing this trend of targets as part of our 2026 drill program, where we plan to test its full potential."

Discussion of the Nutaaq Trend Field Program
The Nutaaq style mineralization on Blue Star's Ulu property is generally characterized as NE-SW trending tension veins that are hosted within a thick, locally magnetic gabbro sill. These structures are known to host both Flood Zone-style mineralisation and Nutaaq-style polymetallic sulphide veins with high gold values. The Gnu Zone resource occurs within a ~200 metre section of this gabbro sill, on the eastern limb of the Ulu anticline, located less than 1 km from the Flood Zone deposit (Figure 2).

Blue Star's 2025 field program successfully extended the prospective Nutaaq trend through targeted prospecting and subsequent drilling of both high-grade surface mineralization and new structures parallel to known Nutaaq veining, highlighted by Loupe electromagnetic (EM) data acquired during the 2024 program. The prospective trend covers over 1,600 metres of strike length and extends into the structurally thickened fold hinge of the gabbro sill (Figure 2).

The Loupe system is a portable, backpack-mounted time-domain electromagnetic system used for mapping of near-surface ground conductivity. In 2024 Blue Star collected Loupe EM data over parts of the prospective gabbro sill to determine whether the EM system could identify concentrations of polymetallic sulphides commonly found within veining and at vein selvages. In 2025, prospecting the EM anomalies proved fruitful where sulphide rich white to smoky grey quartz veining was found coincident to the EM 'bullseye' targets. The two highest grade grab samples returned 115.5 g/t Au and 115.0 g/t Au, located ~40 metres apart along a single trend. A sample grading 3.02 g/t Au located ~260 metres to the southwest, along the same NE-SW trend suggests this structure has over 300 metres of strike length and has yet to be drill-tested (Figure 2, Table 1). This prospective area is located ~600 metres north of the existing Flood Zone underground workings.

In 2025, two drill holes tested the Nutaaq area. Hole 25UND001 was designed to test beneath two samples with visible gold that returned grades of 597 g/t Au and 134.5 g/t Au (Table 1 - News Release Aug 12, 2025). This hole intercepted a 1.5 metre interval within basalt that graded 0.79 g/t Au. The gabbro-sediment contact was intersected much earlier in the drill hole than expected in the target area, suggesting the structure is not fully understood.

Hole 25UND002 was designed to test beneath a Loupe-EM anomaly along with a 2025 surface grab sample grading 8.72 g/t Au. This anomaly is part of an EM trend located within the fold nose of the gabbro sill, ~335 metres west-northwest of the Gnu Zone resource area and has the potential to extend over a 400-metre strike length. This drill hole intersected several mineralized intervals, characterized by white quartz veining and net-textured to blebby pyrrhotite, lesser pyrite and minor sphalerite and chalcopyrite (Image 1). Highlights include 2.79 metres of 4.33 g/t Au from a quartz vein hosted in a narrow embayment of greywacke at a depth of 54.14 metres downhole, 7.97 metres of 1.40 g/t Au and 5.70 metres of 7.31 g/t including 1.80 metres of 21.1 g/t Au, hosted in quartz veining in gabbro from 81.9 metres and 105 metres downhole respectively.

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Image 1: Net Texture Sulphides in Quartz Veining from 25UND002.

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Next Steps
The Nutaaq trend is shaping up to be a compelling target for the 2026 season. Recent geophysical surveys and prospecting within the northwest portion of the gabbro sill suggest mineralized trends occur over ~400 metres of strike length across the fold nose, and surface grabs up to 115.5 g/t Au along parallel trends have yet to be drill-tested. The Loupe EM survey was extended in the 2025 season to cover the remaining areas of the Nutaaq trend (Figure 2). Over the winter season, all data will be reviewed in preparation for a planned robust drill program in 2026.

Sampling, Assaying & QA/QC
Blue Star field programs collect a variety of samples; prospecting rock samples are selective by nature, channel samples are saw-cut samples from outcrop intended to be representative of the exposed mineralisation, and drill core samples are sawn in half with one half retained as core record and the other half submitted for analysis.

Blue Star samples are delivered under chain of custody to ALS Geochemistry in Yellowknife, NT for sample preparation which are then forwarded to ALS Canada Inc. in North Vancouver, BC for final analysis. Samples are prepared using code PREP-31 (crushing and pulverising) and analysed using codes Au-AA26 (50-gram fire assay with atomic absorption finish) and ME-MS61 (48 element four acid digestion with ICP-MS finish). Samples returning >10 g/t Au are reanalysed under code Au-GRA22 (50-gram fire assay with gravimetric finish). Over limits for non-gold elements are ore grade four acid digestion with ICP-AES finish. The work is being conducted using industry standard procedures, including a quality assurance and quality control ("QA/QC") program consisting of the insertion of certified standards, blanks and duplicates into the sample stream.

Qualified Person
Darren Lindsay, P. Geo. and Vice President Exploration for Blue Star, is a Qualified Person under National Instrument 43-101 ("NI 43-101") and has reviewed and approved the technical information contained in this news release.

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Table 1: 2025 Samples Grading Over 1 g/t Gold and Drill Results*.

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* Insufficient drilling has been completed to determine true widths; downhole intervals are reported.

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Figure 1: Location Map of Blue Star Projects and Landholdings.

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Figure 2: 2025 Drill Hole and Sample Locations on Loupe-EM Grid on the Nutaaq Trend.

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Figure 3: 25UND002 Vertical Cross Section.

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About Blue Star Gold Corp.
Blue Star is a mineral exploration and development company focused in Nunavut, Canada. Blue Star's landholdings total 300 square kilometres of highly prospective and underexplored mineral properties in the High Lake Greenstone Belt. The Company owns the Ulu Gold Project, comprised of the Ulu Mining Lease and Hood River Property, and the Roma Project. A significant high-grade gold resource exists at the Flood Zone deposit (Ulu Mining Lease), and numerous high-potential exploration targets (gold and critical minerals) occur throughout the Company's extensive landholdings, providing Blue Star with excellent resource growth potential. The site of the future deep-water port at Grays Bay is 40 - 100 km to the north of the properties, and the proposed route corridor for the all-weather Grays Bay Road passes close by the Roma and Ulu Gold Projects.

Blue Star is listed on the TSX Venture Exchange under the symbol: BAU, the U.S. OTCQB Venture Market under the symbol: BAUFF, and on the Frankfurt Exchange under the symbol: 5WP0. For information on the Company and its projects, please visit our website: www.bluestargold.ca.

For further information, please contact:

Grant Ewing, P. Geo., CEO
Telephone: +1 778-379-1433
Email: info@bluestargold.ca

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the Policies of the TSX-Venture Exchange) accepts responsibility for the adequacy or accuracy of this Release.

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS AND INFORMATION

This press release contains "forward-looking statements" within the meaning of applicable securities laws. Forward-looking statements can be identified by words such as: "anticipate," "intend," "plan," "goal," "seek," "believe," "project," "estimate," "expect," "strategy," "future," "likely," "may," "should," "will" and similar references to future periods. Examples of forward-looking statements include, among others, statements we make regarding prospective income and revenues, anticipated levels of capital expenditures for the fiscal year, expectations of the effect on our financial condition of claims, litigation, environmental costs, contingent liabilities, and governmental and regulatory investigations and proceedings, and estimates of mineral resources and reserves on our properties.

Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations, and assumptions regarding the future of our business, plans and strategies, projections, anticipated events and trends, the economy, and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks, and changes in circumstances that are difficult to predict and many of which are outside of our control. Our actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the following: economic and financial conditions, including volatility in interest and exchange rates, commodity and equity prices and the value of financial assets, strategic actions, including acquisitions and dispositions and our success in integrating acquired businesses into our operations, developments and changes in laws and regulations, including increased regulation of the mining industry through legislative action and revised rules and standards applied by the regulatory bodies in Nunavut, changes in the price of fuel and other key materials and disruptions in supply chains for these materials, closures or slowdowns and changes in labour costs and labour difficulties, including stoppages affecting either our operations or our suppliers' abilities to deliver goods and services to us, as well as natural events such as severe weather, fires, floods and earthquakes or man-made or other disruptions of our equipment, and inaccuracies in estimates of mineral resources and/or reserves on our mineral properties.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/268675

FAQ

What were the main gold drilling results from Blue Star Gold's (BAUFF) Nutaaq exploration program?

The key result was 7.31 g/t gold over 5.7 metres, along with 4.33 g/t Au over 2.79m and 1.40 g/t Au over 7.97m from drill hole 25UND-002.

How large is the Nutaaq trend at Blue Star Gold's property?

The Nutaaq trend extends over 1,600 metres of strike length, recently expanded 335 metres west-northwest of the Gnu Zone resource area.

What were the highest-grade surface samples found at Blue Star Gold's Nutaaq trend?

Surface grab samples returned exceptional values of 115.5 g/t Au and 115.0 g/t Au from samples taken approximately 40 metres apart along a single trend.

What are Blue Star Gold's (BAUFF) exploration plans for 2026?

The company plans to conduct a robust drill program in 2026 to test the full potential of the Nutaaq trend, following the review of extended Loupe EM survey data from the 2025 season.

Where is Blue Star Gold's Nutaaq project located?

The project is located in the High Lake Belt, West Kitikmeot Region of Nunavut, Canada.
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