- Blue Star Gold (BAU) has provided all outstanding results from its 2021 exploration program at its Ulu Project
- Darren Lindsay, P. Geo. and Vice President Exploration for Blue Star sat down with Shoran Devi to discuss the drilling results
- Blue Star successfully completed all phases of the 2021 program in September
- Several unevaluated targets were evaluated and the company is reprioritizing targets for upcoming drill programs
- Blue Star is a gold company focused on exploration and development within Nunavut, Canada
- Blue Star Gold Corp. (BAU) is up 3.95 per cent, trading at $0.395 per share at 12:54 pm EST
Blue Star Gold (BAU) has provided all outstanding results from its 2021 exploration program at its Ulu Project. The Ulu Project is located in the High Lake Greenstone Belt, Nunavut.
Highlights of the 2021 drill program:
- Shallow Flood Zone hole 21BSG025 returns interval of 4.65 m of 5.80 grams per tonne (g/t) gold
- Additional sampling of historic hole 04UL-02 revises interval to 26.35 m of 3.36 g/t gold by sampling between previously modelled higher grade and lower grade mineralized lenses
- North Fold Nose (NFN) east limb hole 21BSG017 returns 2.05 m of 10.10 g/t gold (including 1.13 m of 11.35 g/t gold)
- Gnu Zone hole 21BSG020, a follow up hole to 21BSG007, returns 5.34 m of 3.72 g/t gold (including 0.83 m of 12.95 g/t gold)
- Regional sampling highlights include a 12.60 g/t gold grab sample from Roma Fold
- Previously reported highlights include (see news releases dated Sept. 1, Sept. 22, and Oct. 28, 2021):
- 21BSG007 intersected 8.15 m of 20.80 g/t gold in a new vein system in the Gnu area
- 21BSG001 returned 4.91 m of 19.10 g/t gold & 7.00 m of 6.90 g/t gold in Flood Zone lenses
- 21BSG002 returned 2.64 m of 13.00 g/t gold in the Flood Zone; expanded high grade core
- 21BSG006 returned 2.18 m of 11.06 g/t gold following up on drill hole BS2020ULU-007 which returned 2.00 m of 52.7 g/t gold from the Gnu zone
Blue Star initiated its 2021 exploration program in June with a geophysics campaign, followed by a drill campaign and a surface exploration program and successfully completed all phases of the program in September.
2022 exploration program
Initial proposals and planning are underway for the 2022 exploration program.
Currently, this is envisioned as a balanced program that targets:
- Adding ounces around recent successes: Gnu Zone (20.8 g/t gold over 8.15 m), Central “C” (5.21 g/t gold over 3.00 m), Axis (2.53 g/t gold over 3.00 m), and NFN (10.1 g/t gold over 2.05 m);
- Drill testing of high priority targets from the 2021 program that did not get tested; i.e. Zebra and Contact Zones where historic drilling returned 12.3 g/t gold over 1.62 m and 20.69 g/t gold over 1.16 m respectively;
- Rapidly evaluating the regional land package for targets that can immediately impact the program, these include targets such as Twilight and Roma Main;
- Moving targets along our heavily weighted early-stage target pipeline to the drill testing stage; and
- Further investigation and reassessment of unsampled historic core.
The program is expected to include regional geophysical and geochemical surveys and select mapping and prospecting over areas that have been identified as highly prospective for new discovery.
Darren Lindsay, P. Geo. and Vice President Exploration for Blue Star sat down with Shoran Devi to discuss the 2021 program results and highlight the upcoming exploration program.
Blue Star is a gold company focused on exploration and development within Nunavut, Canada.
Blue Star Gold Corp. (BAU) is up 3.95 per cent, trading at $0.395 per share at 12:54 pm EST.