Blue Star's Target Series: Central Prospect, +500 Metres of Strike, Extensive Discovery Zone Below Shallow Mineralized Intercept, Drill-Ready

Core Viewpoint - Blue Star Gold Corp. is advancing its Central prospect, located near the high-grade Flood Zone deposit at the Ulu Gold Project, indicating potential for a significant new resource area based on encouraging drilling results and geological understanding [1][3]. Central Zone Highlights - The Central Zone target is less than 300 metres from the Flood Zone deposit, with surface mineralization over a 525-metre strike length characterized by gold and acicular arsenopyrite-bearing quartz veins [4][5]. - Drill testing in 2022 revealed a 40-metre-wide alteration zone grading 0.73 g/t Au near the surface, suggesting significant discovery potential [5][6]. Historical Work - The Central Zone was first identified in the early 1990s by BHP, with surface assays commonly grading over 10 g/t Au [7]. - Historical drilling returned high-grade intercepts, including 27.5 g/t Au over 1.09 metres, indicating the area's potential [8]. Recent Work - Blue Star's recent drilling in 2021 and 2022 has yielded promising results, including 5.21 g/t Au over 3.0 metres and the previously mentioned 40 metres grading 0.73 g/t Au [9][10]. - Ongoing studies have improved the understanding of the Ulu Project's geology, identifying a prospective basalt unit that hosts much of the Flood Zone mineralization [10][11]. Next Steps - The company plans a 1,500-metre drill program to evaluate the Central-C target, focusing on deeper mineralized structures within the A1 basalt unit [13]. - The refined structural interpretation suggests significant mineralization potential in previously low-priority areas, with geophysical signatures indicating similarities to the Flood Zone [13]. Company Overview - Blue Star Gold Corp. is focused on mineral exploration and development in Nunavut, Canada, with landholdings totaling 290 square kilometres in the High Lake Greenstone Belt [17][18]. - The company owns the Ulu Gold Project, which contains a significant high-grade gold resource at the Flood Zone and numerous high-potential exploration targets [18].