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Vancouver, BC – January 18, 2021: Blue Star Gold Corp. (“Blue Star” or the “Company”) is pleased to announce that Mr. Darren Lindsay has been appointed as Vice President Exploration effective today.

Darren is a professional geologist with over 25 years of experience in mineral exploration across four continents with a focus on orogenic gold systems. He graduated from the University of British Columbia with a B.Sc. honours degree in geology and before that earned a B.Sc. honours degree in biochemistry from Carleton University. In addition to over fifteen years working in the Slave Structural Province with BHP Minerals, Inmet Mining, Miramar Hope Bay, Newmont and NxGold, Darren has also worked on orogenic gold deposits in Ontario, Guyana, Ghana and western Australia.

Grant Ewing, CEO of Blue Star added: “We are very pleased to have Darren join our team in a senior exploration role. His strong technical background and ability to manage large scale exploration programs, as well as his direct involvement with significant gold discoveries in Nunavut are key attributes that he will bring to our Company. In addition, Darren’s strong leadership skills will be very beneficial as Blue Star continues to develop and prioritize targets for drill testing at its highly prospective Nunavut gold projects”.

Darren was directly involved with and led teams for belt-scale exploration, resource expansions, and feasibility level studies of gold deposits in the Hope Bay Belt, Nunavut, the Beardmore-Geraldton Belt and the Michipicoten Greenstone Belt, Ontario. He was a key member of the team that defined prospective stratigraphy hosting the northern deposits of the Hope Bay Belt that led to the targeting and substantial expansion of the mineral resources leading to the purchase of Miramar Hope Bay by Newmont. His team at Kodiak Exploration defined the resources of the Hercules deposit, discovered a large lower grade gold system at Adel Lake and recognised the potential of the Magino mine to become a core multi-million ounce asset for Kodiak Exploration which went on to rebrand and ultimately be acquired by Argonaut Gold.

More recently Darren has continued to focus on identifying highly prospective gold targets including introducing the Lewiston District gold system in Wyoming to Visionary Gold Corp, defining the Prinsep gold prospect in the Pilbara for International Consolidated Uranium, and identifying the prospective NewFind Gold project in the Eastern Goldfields of western Australia for a private Vancouver based exploration company.

Mr. Lindsay is a registered professional geoscientist in British Columbia and registered professional geoscientist (licensee) in Nunavut/NT.

About Blue Star Gold Corp.

Blue Star is a Vancouver-based gold and silver company focused on exploration and development within Nunavut, Canada. The Company owns the Ulu Gold Property lease, an advanced gold and silver project, and the highly prospective Hood River gold concessions that are contiguous with the Ulu mining lease. The combined properties total approximately 9,000 ha of prospective mineral claims within which the Company has a significant high-grade gold resource on the Ulu lease, and numerous high-grade gold occurrences and priority targets throughout the Ulu and Hood River properties.

Blue Star is listed on the TSX Venture Exchange under the symbol: BAU and on the Frankfurt Exchange under the symbol: 5WP. For further information on the Company and its projects, please visit our website: www.bluestargold.ca.

For further information, please contact:

Grant Ewing, P. Geo., CEO
Telephone: +1 778-379-1433
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the Policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this Release.

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS AND INFORMATION

This press release contains “forward-looking statements” within the meaning of applicable securities laws. Forward-looking statements can be identified by words such as: “anticipate,” “intend,” “plan,” “goal,” “seek,” “believe,” “project,” “estimate,” “expect,” “strategy,” “future,” “likely,” “may,” “should,” “will” and similar references to future periods. Examples of forward-looking statements include, among others, statements we make regarding prospective income and revenues, anticipated levels of capital expenditures for fiscal year, expectations of the effect on our financial
condition of claims, litigation, environmental costs, contingent liabilities and governmental and regulatory investigations and proceedings, and estimates of mineral resources and reserves on our properties.

Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Our actual results and financial condition may
differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements.

Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the following: economic and financial conditions, including volatility in interest and exchange rates, commodity and equity prices and the value of financial assets, strategic actions, including acquisitions and dispositions and our success in integrating acquired businesses/our success in integrating the Ulu Gold Property into our operations, developments and changes in laws and regulations, including increased regulation of the mining industry through legislative action and revised rules and standards applied by the regulatory bodies in Nunavut, changes in the price of fuel and other key materials and disruptions in supply chains for these materials, closures or slowdowns and changes in labour costs and labour difficulties, including stoppages affecting either our operations or our suppliers’ abilities to deliver goods and services to us, as well as natural events such as severe weather, fires, floods and earthquakes or man-made or other disruptions of our equipment, and inaccuracies in estimates of mineral resources and/or reserves on our mineral properties.