Group 1 - Blue Star Gold Corp. has completed a Private Placement, raising gross proceeds of $1,739,999.90 through the issuance of 1,600,000 flow-through units at $0.15 each and 10,714,285 units at $0.14 each [1] - The company focuses on mineral exploration and development in Nunavut, Canada, with landholdings totaling 300 square kilometers in the High Lake Greenstone Belt [2] - Blue Star owns the Ulu Gold Project and the Roma Project, with a significant high-grade gold resource at the Flood Zone deposit and numerous high-potential exploration targets [2] Group 2 - The company is listed on the TSX Venture Exchange under the symbol BAU, on the U.S. OTCQB under BAUFF, and on the Frankfurt Exchange under 5WP0 [3] - The future deep-water port at Grays Bay is located 40 - 100 km north of the properties, with a proposed route corridor for the all-weather Grays Bay Road passing close to the Roma and Ulu Gold Projects [2]

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].