Blue Star Gold Corp. · TSXV:BAU
Blue Star Gold — Investor Presentation (2024)
22 slides from Blue Star Gold's investor presentation, Aug 14, 2024
Slide 1: Investor Presentation Summer 2024
Investor Presentation Summer 2024
Slide 2: Disclaimers
Disclaimers Cautionary statement on forward-looking information Except for the statements of historical fact contained herein, certain information presented constitutes "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995. Such forward
Slide 3: Golden Opportunity in Canada’s Far North
Golden Opportunity in Canada’s Far North High Potential District Scale Projects ➢ Dominant landholder in highly prospective belt in Nunavut, Canada Polaris Zinc-Lead Historical Mine Nanisivik Zinc-Lead-Silver ➢ High-grade gold resource at Ulu Gold Project Historical Mine ➢ Rapid resource expansion p
Slide 4: Northern Belts Have Favourable Geology
Northern Belts Have Favourable Geology High Lake Belt, Blue Star ➢ Regional shear (Kennarctic shear) ➢ Numerous mineral showings ➢ Established gold resource (Ulu) ➢ 135 km long belt Hope Bay Belt, Agnico Eagle ➢ Regional shear (HBDZ) ➢ Gold development project (Doris) ➢ Established resources (Boston
Slide 5: Our Projects
Our Projects Ulu Gold Project ➢ 9 sq. km Ulu lease ➢ Infrastructure: airstrip, camp, roads, u/g decline ➢ Abundant drill ready resource growth targets HI Discovery ➢ Ulu Mineral Resource* • M&I 572,000 oz. Au (2.53 MT @ 7.02 g/t) MMG’s High Lake Deposit • Inferred 303,000 oz. Au (1.28 MT @ 7.34 g/t)
Slide 6: Ulu Gold Project
Ulu Gold Project Ulu Mining Lease, Flood Zone Deposit ➢ Large high-grade gold resource ➢ +400-metre-long shear-hosted Archean lode gold deposit ➢ Spatially associated with ~5 km long Ulu fold ➢ Extensive high quality historical dataset ➢ Positive metallurgical studies, co-mingle zones, +90% gold rec
Slide 7: Ulu Fold Long Section: Zone Open at Depth and Strike
Ulu Fold Long Section: Zone Open at Depth and Strike ULU GOLD PROJECT - Mineral Resource Estimate* Measured & 2.53 MT 7.02 g/t Au 572,000 Oz Au Indicated Inferred 1.28 MT 7.34 g/t Au 303,000 Oz Au *The independent and qualified person for the Mineral Resource Estimate, as defined by NI 43-101, is Ch
Slide 8: Roma: Potential District Scale Project
Roma: Potential District Scale Project Gold Highlights ➢ +30 km of very prospective and underexplored belt ➢ High-grade showings discovered by BHP in the 1990’s ➢ 2021/22 programs included geophysics, geochemical surveys and prospecting HI ➢ Auma prospect, historic intercept of 2.6 m of 15.3 g/t Au
Slide 9: 2024 Exploration Program Targets
2024 Exploration Program Targets Ulu Gold Project ➢ Mikigon ➢ Discovery drill test early in the program ➢ Flood Deposit ➢ Drilling to test potential flat vein interpretations of hanging wall intercepts ➢ Nutaaq Trend ➢ Drilling to expand satellite resource at Gnu deposit ➢ Central Zone ➢ 3D IP surve
Slide 10: HI Discovery
HI Discovery • Highlights of 2024 program - HI discovery • Significant mineralization in 1st hole • Up to 5 holes planned • Discovery hole intercept: ~17m mineralized interval • Similarities to High Lake deposit* located ~12 km south • Excellent potential to become a significant asset for Blue Star
Slide 11: Mikigon Prospect: Newly Identified Mineralization
Mikigon Prospect: Newly Identified Mineralization Multiple High-Grade Samples at Surface ➢ Sedimentary units never previously prospected ➢ 3.5 km NE of Flood Zone deposit ➢ 500 m long trend on surface, ~4 m wide zone ➢ Potential extension of 1,0000 m inferred from geophysics ➢ Work to date: mapping,
Slide 12: Targeting Flood Zone Scale: Gnu/Nutaaq Trend
Targeting Flood Zone Scale: Gnu/Nutaaq Trend High Potential for Significant Resource Increase ➢ Acicular arsenopyrite zones and polymetallic veins ➢ Recent drilling confirmed veins ➢ Structural corridor, proximal to existing infrastructure ➢ Work to date: mapping, prospecting, soil grid, IP survey,
Slide 13: Environment, Social and Governance
Environment, Social and Governance Environment Blue Star is committed to sustainable exploration and development, encompassing the protection of all life in the north and the natural environment – water, land, and air. We endeavour to comply with regulatory requirements and diligently apply technica
Slide 14: Ulu Camp Remediation Program
Ulu Camp Remediation Program Ulu site reclamation with significant visual improvements (2021-2023) ➢ Excellent progress on Ulu site remediation to satisfy land use permit ➢ KIA inspections conclude that BAU remediation efforts are satisfactory ➢ Significant cleanup of Ulu camp site completed (see im
Slide 15: Nunavut: Current Projects and Infrastructure Building
Nunavut: Current Projects and Infrastructure Building High Potential District Scale Projects ➢ Three active producing mines ➢ 23 active precious metals projects ➢ Two active diamond projects ➢ One active base metals project BAU Grays Bay Road and Port Development ➢ Port and road from Nunavut coast t
Slide 16: Management
Team Grant Ewing, P. Geo., Chief Executive Officer Don Collie, Non-Executive Chairman Professional geologist, +25 years in the mineral industry, former CEO of Partner at DLA Piper practising in the areas of Securities Law, Corporate Kiska Metals (sold to AuRico), former CEO of Acadian Mining (sold t
Slide 17: Financial Information and Ownership
Financial Information and Ownership Trading information Symbols TSX.V: BAU; OTCQB: BAUFF; FSE: 5WP0 Common shares outstanding 101.2 million Diluted shares outstanding 113.13 million Share price $0.10 52-week range $0.095 - $0.445 Average daily volume ~85,000 Market capitalization ~$10 million *Optio
Slide 18: Blue Star Gold Corp.
Blue Star Gold Corp. 700 West Pender Street, Suite 507 Vancouver, BC, Canada V6C 1G8 +1.778.379.1433 Investors: investors@bluestargold.ca General: info@bluestargold.ca www.bluestargold.ca TSX.V: BAU | OTCQB: BAUFF | FSE: 5WP0 18
Slide 19: Appendix
BLUE star* GOLD CoRP. Appendix
Slide 20: Canada’s Critical Mineral List
Canada’s Critical Mineral List ➢ $1.5 billion Critical Minerals Infrastructure Fund launched - supports clean energy & infrastructure projects that enable the development and expansion of critical minerals production ➢ Essential to economic security and threatened supply ➢ Required for transition to
Slide 21: Core and Samples
Core and Samples Gnu Zone Flood Zone Penthouse Target Up to 12% Zn, 5% Cu, +150 g/t Ag ~15 g/t Au +20 g/t Au and +25 g/t Au TSX.V: BAU | OTCQB: BAUFF | FSE: 5WP0 21
Slide 22: TSX.V: BAU | OTCQB: BAUFF | FSE: 5WP0
TSX.V: BAU | OTCQB: BAUFF | FSE: 5WP0 22