Business
Blue Star Exploration Program Update
Vancouver, British Columbia--(Newsfile Corp. - July 20, 2023) - Blue Star Gold Corp. (TSXV: BAU)...
About this update from Blue Star Gold Corp.
[{"type":"text","content":"Blue Star Exploration Program UpdateVancouver, British Columbia--(Newsfile Corp. - July 20, 2023) - Blue Star Gold Corp. (TSXV: BAU) (OTCQB: BAUFF) (FSE: 5WP0) (\"Blue Star\" or the \"Company\") announces that its 2023 exploration program is well underway. The program includes a multi-prong exploration effort across the Company's Ulu Gold Project and the Roma Project with two key focuses: identification and mapping of key areas to define the presence and location of chemically distinct lithological units closely associated with strong gold mineralisation, and drill targeting resource infill and potential new discovery areas. Geophysical surveys, ground-truthing pipeline targets, mapping, and prospecting will be used to advance targets throughout Blue Star's highly prospective landholdings.Blue Star's CEO, Grant Ewing, commented, \"Several high potential target areas will be assessed during the program as we work to make significant new discoveries throughout our prospective landholdings. The current program is building off knowledge acquired in prior years with respect to new mineralisation styles, geochemical and structural controls, as well as the continued systematic evaluation of the extensive target pipeline.\"Recap of the 2022 Exploration ProgramBlue Star's 2022 exploration program consisted of diamond drilling (~3,800 metres in 28 drill holes), sampling of historic drill core, high resolution airborne magnetic surveying (3,055 km), ground-based VLF-EM surveying, lithogeochemical studies, mapping, prospecting, and continued remediation activities.The Ulu Gold Project Mineral Resource Estimate was updated during the year:Measured and Indicated Resource of 2.535 million tonnes at an average grade of 7.02 grams per tonne (\"g/t\") gold for 572,000 ounces of gold;Inferred Mineral Resource of 1.283 million tonnes at an average grade of 7.34 g/t gold for 303,000 ounces of gold.2022 drilling highlights included:Flood Zone: 15 g/t gold over 17.65 metres, including a 6.00 metre interval of 25.74 g/t gold from DD22-FLO-002 - representing the highest value (grams gold times width metres) of all intercepts drilled by the Company;Flood Zone: DD22-FLO-001 returned 6.52 g/t gold over 17.4 metres, including 9.96 g/t gold over 6.3 metres starting at 4.40 m downhole;Gnu Zone: DD22-MSK-005 returned 8.18 g/t gold over 4.2 metres, including 13...