Business
Blue Star Gold Started Drilling on Its Nunavut Properties at the North Fold Nose Zone
Vancouver, British Columbia--(Newsfile Corp. - July 13, 2020) - Blue Star Gold Corp. (TSXV:...
About this update from Blue Star Gold Corp.
[{"type":"text","content":"Blue Star Gold Started Drilling on Its Nunavut Properties at the North Fold Nose ZoneVancouver, British Columbia--(Newsfile Corp. - July 13, 2020) - Blue Star Gold Corp. (TSXV: BAU) (FSE: 5WP) (the \"Company\") announces that its 7,000m drill program started last Friday with the first planned DD hole at the North Fold Nose Zone.The first of 2 drill crews set up and started drilling a series of shorter holes with the goal to extend the gold mineralization identified in 2019 in the northern part of the Robb Trend on the Hood River property.The Ulu camp opening is under way. The second drill and crew are expected to arrive by the end of the week. The Ulu-based drill and crew focus on the Flood and Gnu zones at Ulu first before moving to new targets in the eastern part of the Hood River property.Peter Kuhn, Interim CEO comments: \"We are very pleased to have commenced our exploration program, especially given the COVID-19 related restrictions in place and associated precautions all of our workers must take during all aspects of the program. We are grateful for the ongoing work of the Chief Public Health Officer and his team. Our top priority is the safety and well-being of our workers and communities.\"About Blue Star Gold Corp. Blue Star is a Vancouver-based gold and silver company focused on exploration and development within Nunavut, Canada. The Company, through its subsidiary, Inukshuk Exploration Inc. (\"Inukshuk\"), owns the highly prospective 8,015 ha Hood River gold concessions located contiguous with the Ulu mining lease. Inukshuk acquired its interest in the Hood River property through a renewable, 20-year Mineral Exploration Agreement with Nunavut Tunngavik Incorporated (\"NTI\") which holds subsurface title to Inuit Owned Lands (\"IOL\"). The Hood River property located within the CO-20 IOL parcel is administered by the NTI through the HOODRIVER-001 MEA signed between Inukshuk and NTI dated June 01, 2013. Blue Star has recently acquired the Ulu Gold Property, an advanced gold and silver project and with regulatory approvals has completed the transmittal of the mining lease and assignment of the permits and licenses. Together with the Hood River concessions, Blue Star controls nearly 10,000 ha of prospective mineral claims within which the Company has identified more than 40 gold occurrences. Blue Star has 143,245,846 com...