Blue Star Gold Corp. · TSXV:BAU
Blue Star Gold — Investor Presentation (September 2023)
24 slides from Blue Star Gold's investor presentation, September 2023
Slide 1: Golden Opportunity In Canada's Far North
Golden Opportunity In Canada’s Far North Corporate Presentation: September 2023
Slide 2: Cautionary Statement on Forward-Looking Information & NI 43-101 Disclosure
Cautionary Statement on Forward-Looking Information & NI 43-101 Disclosure 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. S
Slide 3: Golden Opportunity in Canada's Far North
GOLDEN OPPORTUNITY IN CANADA’S FAR NORTH High Potential District Scale Projects ü Focused on gold exploration and development in Nunavut, Canada ü Ulu Gold Project resource: M&I of 572,000 oz Au (@ 7.02 g/t Au); Inferred of 303,000 oz Au (@ 7.34 g/t Au) ü Excellent resource expansion potential in pi
Slide 4: Management Team
MANAGEMENT TEAM Grant Ewing, P. Geo., Chief Executive Officer, is an accomplished mining executive with a strong technical foundation and solid business acumen. He is a professional geologist by background and has over 25 years of experience in the mineral industry and the last 15 years in senior ex
Slide 5: Board of Directors
BOARD OF DIRECTORS Don Collie, Non-Executive Chairman is a partner at DLA Piper (Canada) LLP practicing in the areas of Securities Law, Corporate Finance, Mergers & Acquisitions and related corporate and commercial transactions. He is currently recognized by Best Lawyers in Canada in the areas of Se
Slide 6: Capital Structure
CAPITAL STRUCTURE Company Statistics Trading Symbols TSX.V: BAU; OTCQB: BAUFF; FSE: 5WP0 Common Shares O/S 72.3 M Options* 4.87 M Warrants** 4.18 M Fully Diluted Shares 81.35 M Share Price $0.39 52-week range $0.19 - $0.60 Average Daily Volume ~30,000 Market Capitalization ~$28 M *Options: 4.87 M @
Slide 7: Environmental, Social & Corporate Governance
ENVIRONMENTAL, SOCIAL & CORPORATE GOVERNANCE ENVIRONMENT Blue Star is committed to sustainable exploration and development, encompassing the protection all life in the north and the natural environment – water, land, and air. We endeavor to comply with regulatory requirements and diligently apply te
Slide 8: Blue Star Projects
BLUE STAR PROJECTS Ulu Gold Project: Ulu Mining Lease, advanced gold project containing the Flood Zone gold deposit (9 sq. km); and Hood River Property, surrounds the Ulu Mining lease, highly prospective (112 sq. km) B2Gold PROJECTS Roma Project: Multiple, significant gold showings in this former BH
Slide 9: Blue Star Projects
BLUE STAR PROJECTS Largest title holder in High Lake Belt (~267 sq. km) Blue Star Controls 44 km (16,645 ha) of Properties located in Nunavut, ~525 km NNE of Highly Prospective/Under-explored Yellowknife, NT; Kugluktuk is 210 km to NWHLGB ROMA Ulu Gold Project PROJECT ü 950 ha Ulu Mining Lease, cont
Slide 10: Northern Belts
NORTHERN BELTS High Lake Belt is Vastly Underexplored Compared to Other Belts in district High Lake Belt • Underexplored, favourable geology Blue Star • Regional shear (Kennarctic Shear) • Multiple gold showings • Established gold resource (Ulu) • Potential for multi million-ounce resource Agnico Ea
Slide 11: Key Correlation: Metres Drilled vs. Oz. Au
KEY CORRELATION: METRES DRILLED VS. OZ. AU Meters BACK RIVER ~9.18 M oz Au +800,000 m drilled HOPE BAY Hope Bay Belt ~7.3 M oz Au +800,000 m drilled Blue Star’s Projects High Lake Belt Blue Star Gold Vastly Underexplored in Comparison Back River HIGH LAKE Belt ~875,000 oz Au (572K M&I, 303K Inf.) ~1
Slide 12: Ulu Gold Project
ULU GOLD PROJECT Extensive high quality historical dataset: sampling, geophysics, surface & U/G drilling data, 1.7 kms of U/G development, +100,000m of DD Ulu Mining Lease, Flood Zone deposit ü Large high-grade gold resource ü +400m long shear hosted Archean lode gold deposit ü Spatially associated
Slide 13: Ulu Gold Project: Updated Mineral Resource Estimate
ULU GOLD PROJECT: UPDATED MINERAL RESOURCE ESTIMATE* Quantity Grade Contained Metal ZONE COG (g/t) CLASS ('000 tonnes) Gold Gold Highlights: (gpt) (oz '000) ØM&I: 2.54 Mt @ 7.02 g/t Au, 572,000 Flood 1.5 Measured 678 6.05 132 Indicated 318 5.14 53 ounces; Inf.: 1.28 Mt @ 7.34 g/t Au, In Pit Inferred
Slide 14: Ulu Fold Long Section
ULU FOLD LONG SECTION Zones open at depth & strike for resource expansion Multiple lightly tested target areas along highly prospective Ulu Fold which extends from the Flood Zone to the North Fold Nose Zone TSX.V: BAU OTCQB: BAUFF FSE: 5WP0 14
Slide 15: Ulu Gold Project Resource Centres, Target Pipeline
ULU GOLD PROJECT RESOURCE CENTRES, TARGET PIPELINE ü Three Main Resource Centres All Open For Expansion: § Flood Zone: 2nd style of mineralisation (polymetallic veins) that could become a significant contributor § NFN Zone: excellent potential for follow up drilling to expand resource, unconstrained
Slide 16: Roma
ROMA When combined with the Company’s Ulu and Hood River ü 100% ownership in 14,500 ha Projects to the south, Blue Star controls a district scale project ü Project covers +30 km of very prospective and in the very prospective and underexplored Belt underexplored HLGB ü Numerous high-grade gold showi
Slide 17: Blue Star Gold Valuation
BLUE STAR GOLD VALUATION Approx. Resource Approx. Avg. Market Cap Enterprise Contained (Au EV/Oz Company Location Stage S/O (M) Gold Grade (C$M) Value (C$M) Moz - all ($/oz) (g/t Au) categories) Osisko Mining Quebec FS 380 $1,138 $988 10.40 7.40 $134/oz Sabina Gold and Silver Nunavut Pre Dev 559 $1,
Slide 18: Why Blue Star?
WHY BLUE STAR? Jurisdiction ü Politically stable & mining friendly jurisdiction; one of last highly prospective & underexplored frontiers High-Grade Resource ü District-scale project with significant high-grade gold resource & excellent resource expansion potential Team ü Highly experienced technica
Slide 19: Nunavut Mineral Projects
NUNAVUT MINERAL PROJECTS Nunavut Projects/Mines ü 4 active producing mines ü 23 active gold projects ü 2 active diamond projects Polaris Zinc-Lead Historical Mine Nanisivik Zinc-Lead-Silver Historical Mine ü 1 active base metals project Blue Star Projects Agnico Meadowbank Complex Gold Reserves: 2,5
Slide 20: Thank You
THANK YOU Blue Star Gold Corp. Suite 507, 700 West Pender Street, 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 20
Slide 21: Appendix
APPENDIX TSX.V: BAU OTCQB: BAUFF FSE: 5WP0 21
Slide 22: Mineral Diversity in Canada's Far North
MINERAL DIVERSITY IN CANADA’S FAR NORTH • The North is as large as Europe • Great variety of geology and diverse mineralogy • Gold, silver, diamonds, lead, zinc, uranium, tungsten, rare earths, cobalt, bismuth, nickel, copper, iron, etc. • Odds of rich discoveries are high = tremendous opportunity T
Slide 23: Critical Minerals Opportunity in the High Lake Belt
CRITICAL MINERALS OPPORTUNITY IN THE HIGH LAKE BELT Nunavut has abundant mineral and mining wealth including critical minerals. The High Lake Greenstone Belt and nearby regions contain VMS deposits including: Zn, Cu, Pb, Ag and Au. MMG Limited Project • High Lake (Zn, Cu, Pb, Ag, Au) Canadian Natura
Slide 24: Mineral Production Value Activity in the Far North
MINERAL PRODUCTION VALUE ACTIVITY IN THE FAR NORTH TSX.V: BAU OTCQB: BAUFF FSE: 5WP0 24
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