Core Insights - The company is actively advancing its summer to fall drilling campaign, with significant upgrades to its logging and core cutting facilities completed to enhance exploration efficiency [1][2] - A total of four drill rigs are operational, targeting various zones with a planned drilling meter range of 10,000-12,500 meters at Lion, 5,000-6,250 meters at Tiger, and 5,000-6,250 meters at Nisk Main, Nisk West, and Nisk East [9][10] - The company is expanding its land package by over 300% through the acquisition of 167 km² from Li-FT Power, which is expected to close soon [13][18] Exploration and Drilling Activities - The drilling program includes borehole EM surveys to identify off-hole anomalies, with successful mineralization discoveries reported [3][7] - An airborne EM/magnetic survey is underway to define EM conductors over prospective geology, with approximately one-third completed [4] - A LiDAR survey is being conducted to provide detailed topography, which will aid in identifying outcrop areas for mapping crews [5] Mineralization and Resource Development - The company is focused on developing mineralization along the Nisk-Lion-Tiger trend, with ongoing drilling expected to accelerate discovery and expansion [7] - At the Lion zone, two fly rigs are operational to extend and infill the known deposit, with five holes completed and assays pending [8] - Drilling at the Nisk deposit is targeting potential mineralization between Nisk and Lion, with three holes completed and assays pending [12] Future Plans and Permitting - The company is in the process of acquiring drill permits for the newly acquired lands and extending the Lion-Nisk target area, with expectations for permitting during the current drill campaign [14] - Once the AEM and LiDAR surveys are completed, drill targets will be developed in the new areas [15]

Core Viewpoint - Blue Star Gold Corp. is initiating its 2025 Phase I Surface Exploration Program in the High Lake Belt, Nunavut, focusing on advancing drill-ready targets and exploring high-impact gold and critical mineral targets [1][4]. Financial Support - The company has received the final $125,000 payment of a $250,000 exploration grant from the Government of Nunavut's Discover, Invest, Grow (DIG) program, totaling $500,000 received from the program to date [2][5]. Ongoing Field Activities - The field team is focused on building confidence in drill-ready targets, particularly around the Flood Zone deposit, and will conduct detailed mapping and channel sampling of newly exposed mineralization [4][5]. - A continuation of the Loupe time-domain electromagnetic (EM) survey will be conducted to investigate anomalous responses identified in previous surveys [6]. 2025 Exploration Program Details - Phase I is a low-expenditure initiative targeting areas within 1,000 meters of the Flood Zone gold deposit, with a focus on detailed mapping and sampling to support potential resource extension [5][9]. - Additional activities include geological mapping, prospecting, and follow-up work on various targets, including Nutaaq and South Zones [7][8]. Historical Sampling Insights - Initial field orientation traverses identified visible gold in untested veins at the Nutaaq target, with a grab sample returning 23 g/t gold, and historical samples in the area showing values of 29, 35, and 78 g/t gold [10][11]. Company Overview - Blue Star Gold Corp. is focused on mineral exploration in Nunavut, holding 300 square kilometers of land with significant high-grade gold resources and numerous exploration targets [15].