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Blue Star Completes Phase 1 Geophysics and Mobilises Phase 2 Drilling
Vancouver, British Columbia--(Newsfile Corp. - June 10, 2026) - Blue Star Gold Corp. (TSXV: BAU) (OTCQB: BAUFF) (FSE: 5WP0) ("Blue Star" or the "Company") announces that the Phase I exploration program over its critical mineral targets has been completed, and two drills have been mobilized to initiate the Phase 2 drilling program. Blue Star is the dominant landholder along the proposed Grays Bay Road and Port corridor in the High Lake Belt, west Kitikmeot Region, Nunavut, Canada (Figure 1). Its.
About this update from Blue Star Gold Corp.
Vancouver, British Columbia--(Newsfile Corp. - June 10, 2026) - Blue Star Gold Corp. (TSXV: BAU) (OTCQB: BAUFF) (FSE: 5WP0) ("Blue Star" or the "Company") announces that the Phase I exploration program over its critical mineral targets has been completed, and two drills have been mobilized to initiate the Phase 2 drilling program. Blue Star is the dominant landholder along the proposed Grays Bay Road and Port corridor in the High Lake Belt, west Kitikmeot Region, Nunavut, Canada (Figure 1). Its properties host the high-grade Flood Zone gold deposit, and numerous gold and critical mineral targets that provide substantial upside potential for resource expansion. The Phase 1 program focused on advancing targets that are prospective for the discovery of critical mineral-rich volcanogenic massive sulphide (VMS) bodies, all of which are proximal to the known High Lake VMS deposit (Figure 2). The Phase 2 drilling program will commence on high-potential gold targets, followed by drill testing critical mineral targets. Highlights "The successful execution of our Phase 1 program has delivered promising preliminary data, confirming high-quality drill targets," stated CEO Grant Ewing. "Data processing for our critical mineral targets remains underway as we concurrently prepare to launch the Phase 2 drilling program, which will initially prioritize two prospective gold target areas. This sets the stage for a high-impact year, characterized by a comprehensive exploration campaign designed to maximize discovery potential and accelerate resource expansion across multiple high-priority zones." Critical Mineral Targets in the High Lake BeltThe ground loop geophysics was completed by Axiom Exploration Group Ltd, Saskatoon, SK surveying 64.2-line kilometres over nine (9) grids. including: Ataani, West West, Gap, Stu, South, Juno N., Juno S., Cairo E., and Cairo S. The grids were designed to further evaluate and refine priority conductive targets identified by the 2025 SkyTEM airborne geophysical survey (see News Release dated Nov. 13, 2025). Survey data was collected on 100 metre line spacing and 25 metre station spacing using a modern time domain electromagnetic system (Phoenix TXU30 transmitter, Emit SmartEM24 receiver and the Emit SMART Fluxgate sensor). The surveying was completed during May and June based out of the Ulu camp, and ...
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