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Blue Star's Target Series: High Potential Critical Mineral Opportunities
Star GroupStar Group(US:SGU) Newsfileยท2025-06-03 12:00

Core Viewpoint - Blue Star Gold Corp. is focusing on expanding its high-grade gold resource at the Ulu Gold Project while also exploring critical mineral targets in the Roma Project, indicating a dual strategy to enhance shareholder value through exposure to both precious and base metals in a promising mineral exploration area [3][25]. Critical Mineral Highlights - The inaugural critical minerals exploration program in 2024 led to the discovery of the Ataani massive sulphide lens, marking the first significant find in over 20 years in the High Lake Greenstone Belt [4][7]. - The Ataani prospect is located less than 13 km from the High Lake VMS deposit, which has a resource of 14 million tonnes grading 2.5% Cu, 3.8% Zn, 1.3 g/t Au, and 84 g/t Ag [4][5]. Strategic Land Acquisitions - Following the Ataani discovery, Blue Star expanded its land package to include areas adjacent to the High Lake deposit, covering several prospective VMS targets within the High Lake deposit stratigraphy [6][14]. - Historical work at the Cairo and Stu prospects reported high-grade copper samples, with surface grades reaching up to 9.99% Cu at Cairo and 5.18% Cu at Stu [6][14]. Exploration and Discovery Potential - The Ataani VMS horizon is believed to extend over 1,500 meters, with only 500 meters drilled to date, indicating significant potential for further discoveries [7][16]. - Recent drilling returned results of 0.42% Cu, 1.43% Zn, 9.19 g/t Ag, and 0.13 g/t Au over 17.1 meters, showcasing the promising nature of the mineralization [13]. Future Steps - Proposed next steps include extending TDEM surveys over the conductive horizon identified in the 2024 program and conducting mapping and prospecting to confirm high-grade copper samples along the High Lake West and A, B Zone [17][16]. - The strategic location of Blue Star's assets near the proposed Grays Bay Road and Port Project will enhance accessibility and lower operational costs, facilitating future growth [21][25].