Exploration
2022 Exploration Program

The program will entail a multi-prong exploration effort across the Ulu, Hood River, and Roma projects with two key focuses: infill and expansion drilling, and pipeline target review and development throughout its highly prospective landholdings.

Highlights:

  • Blue Star is the largest title holder in the highly prospective and underexplored High Lake Greenstone Belt in Nunavut, controlling +45 km of the Belt.
  • The Company holds a 100% interest in three projects including the Ulu Gold project, the contiguous Hood River project, and the Roma project.
  • The Ulu project hosts the Flood Zone deposit, where a significant high-grade gold resource has been outlined.
  • Excellent resource expansion potential exists in a number of identified targets over the Company’s extensive landholdings.
  • The first ever compilation and systematic desktop review of +100 historical exploration targets was recently completed; abundant discovery potential exists in the pipeline of prospects with drill-ready targets.

Blue Star has engaged Precision GeoSurveys Inc. (“Precision”) of Langley, BC to undertake a comprehensive high resolution heli-borne geophysical survey utilizing Precision’s proprietary four-sensor magnetic gradient system to refine the structure, lithology, and alteration prior to mapping and prospecting programs.

The geophysical program for 2022 is comprised of 1,690-line km at 50 – 100m line spacing over the entire Roma landholdings that were not covered in the 2021 survey, and 1,365-line km at 50m line spacing over the entire Ulu lease and Hood River concession that was not previously flown in the 2021 survey.

In addition, the recently discovered Gnu zone polymetallic vein that returned 5.34 m of 3.7 g/t gold in drill hole 21BSG020 and 8.15 m of 20.8 g/t gold in drill hole 21BSG007 during the 2021 program will be evaluated further using a magnetics / VLF-EM system. Parallel structures within this 700 m x 150 m target area will also be assessed.

Blue Star has engaged NorthTech Drilling Ltd. (“NorthTech”) of Yellowknife, NT to undertake the Company’s drilling program focused on resource expansion and priority target evaluation. A balanced program of +3,000 m of infill, follow-up, and initial evaluation drilling is currently scheduled with opportunities to expand through the season.

Blue Star will also be undertaking a regional sampling program using Portable PPB Pty Ltd’s detectORE™ patented low-level gold by pXRF technology in addition to traditional mapping and prospecting programs. These programs will focus on developing new targets on the Roma project and further defining high potential historical prospects from the target pipeline compilation on the Hood River concession and Ulu lease.

Exploration
2021 Exploration Program Summary

Highlights from the 2021 exploration drill program at the Ulu and Hood River Projects and the maiden exploration campaign on the Roma Project, all located in the High Lake Greenstone Belt, Nunavut.

  • Twenty-five drill holes completed for 5,012m of diamond core drilling evaluated 11 targets in six target zones; 2,534 core samples were collected for analysis.
  • Excellent results delivered from first two holes of the program; and rushed results from a new vein system:
    • New vein system discovered that returned 8.15m of 20.8 g/t gold ~750 metres northeast of the Flood Zone deposit; two Flood Zone holes returned 4.91m of 19.1 g/t gold, 7.00m of 6.9 g/t gold, and 2.64m of 13.0 g/t gold.
  • Flood Zone style mineralization intersected in several proximal targets including down to the 300m vertical level at the Central Zone and up to 2.5m wide in the Axis Zone.
  • Second consecutive successful exploration season with no COVID issues; 471 tests completed during the program.
  • 2,495-line km of airborne magnetometry data was collected.
  • Remediation effort relocated 5,134 (compacted) cubic metres of historical solid waste to the approved landfill to satisfy the Company’s Land Use Permit.
  • Safely completed inspections by CIRNAC and the Kitikmeot Inuit Association.
Exploration
Drill Hole Collars
Exploration
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