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 has signed a ten-year Advanced Exploration Lease (AEL) with the Kitikmeot Inuit Association (KIA) for a portion of the Ulu Project, covering approximately 348 hectares of Inuit Owned Lands. This agreement grants Blue Star exclusive surface rights, facilitating its exploration and development efforts. Previously, Blue Star had non-exclusive access through annual permits. As part of the AEL, Blue Star will issue 2.46 million shares to the KIA, aligning their interests. The AEL area includes significant infrastructure such as an airstrip, roads, quarry, and camp facilities, and allows third-party access under certain conditions.
Blue Star Gold provided an update on its exploration program at the Ulu and Roma Projects in Nunavut. Key highlights include significant progress at the Mikigon target, where a 1,500-metre-long anomaly was identified, and preparation for a July drill program across both sites, involving over 4,000 metres of drilling. Strategic surveys and field evaluations have led to the identification of high-priority drill targets, including the Nutaaq and Zebra areas. The company aims to refine and expand its resource base through targeted drilling and further geophysical surveys.
Blue Star Gold has launched its 2024 exploration program with field teams mobilizing to the Ulu-Hood River and Roma Projects in Nunavut. Initial activities include mapping, prospecting, and geophysical surveys to refine high-potential drill targets. Key areas of focus are the North Nutaaq, Mikigon, and High Lake VMS Deposit stratigraphy.
Electromagnetic surveys will start at the HI01 target and Granite/North Zone target at the Roma Project. Induced polarization surveys will be conducted at Mikigon and the Nutaaq Trend. The program aims to discover new resources and expand existing ones at deposits like Flood, Gnu, and NFN.
CEO Grant Ewing is optimistic about the campaign, highlighting the balanced approach of mapping, surveying, and drilling. The program will also assess critical mineral potential throughout Blue Star's landholdings. Upcoming drilling will focus on high-grade gold targets near existing infrastructure, with diamond drills slated to mobilize soon.