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Blue Star Gold Acquires Highly Prospective and Underexplored Roma Project; Increases Landholding in High Lake Greenstone Belt by +85%
Vancouver, British Columbia--(Newsfile Corp. - February 18, 2021) - Blue Star Gold Corp. ( T...
About this update from Blue Star Gold Corp.
[{"type":"text","content":"Blue Star Gold Acquires Highly Prospective and Underexplored Roma Project; Increases Landholding in High Lake Greenstone Belt by +85%Vancouver, British Columbia--(Newsfile Corp. - February 18, 2021) - Blue Star Gold Corp. (TSXV: BAU) (FSE: 5WP) (\"Blue Star\" or the \"Company\") announces a significant increase in its land holdings in the highly prospective and underexplored High Lake Greenstone Belt (\"HLGB\"), Nunavut following an agreement to acquire a 100% interest in the Roma Project claims. Blue Star will be the largest title holder in the HLGB following the acquisition of the Roma Project claims, effectively creating a district scale project in the region when combined with the Company's Ulu and Hood River Projects in the south section of the belt. Blue Star now controls 16,645 hectares in this very prospective and underexplored district.Highlights:  Acquisition of 100% interest in 7,683 hectares of highly prospective mineral claims (Roma Project) in HLGB gives Blue Star access to 44 km of the belt Multiple significant gold showings are present on the Roma Project within a 6.5 km by 2.4 km area, including several drill ready targets Numerous high-grade gold showings and zones were discovered in the 1990's with little to no follow-up work conducted since that time Grab samples up to 126 g/t Au and chip samples up to 24 g/t Au over 1.5 mLimited shallow drilling (10 holes for 465 m) returned 12.38 g/t Au over 2.31 m and 8.69 g/t Au over 1.87 mThe geologic setting and style of gold mineralization at the Roma Project is similar to that found at the Company's Ulu Project, where a significant high grade gold resource has been outlined at the Flood Zone depositBlue Star's CEO, Grant Ewing, commented: \"Blue Star now controls a district scale project in an underexplored and highly prospective greenstone belt following the acquisition of a 100% interest in the Roma Project. The extent of the high-grade gold showings and the presence of multiple styles of gold mineralization, including those similar to our Flood Zone deposit at Ulu, present the Company with multiple opportunities for new discovery and resource growth.\" The Company's flagship Ulu Project (Flood Zone deposit) and Hood River Property are situated in the south- central portion of the HLGB. Agnico Eagle holds a prospecting permit in the central secti...