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BAU.V ·

Blue Star Gold Announces Option Grants

Share Capital & Compensation

Blue Star Gold Announces Option Grants

Vancouver, British Columbia--(Newsfile Corp. - March 30, 2022) -

Blue Star Gold Corp. (TSXV: BAU)

(FSE: 5WP0) (OTCQB: BAUFF) ("Blue Star"

or the

"Company")

announces that it has granted

incentive stock options to purchase a total of 700,000 common shares at an exercise price of $0.50 per

common share for a period of 5 years to certain directors, officers, consultants and employees in

accordance with the provisions of its stock option plan.

About Blue Star Gold Corp.

Blue Star is a gold company focused on exploration and development within Nunavut, Canada.

Blue

Stars landholdings total approximately 270 square kilometres of highly prospective and underexplored

mineral properties in the High Lake Greenstone Belt, Nunavut.

The Company owns the Ulu Gold Property

lease, an advanced gold project, the highly prospective Hood River Property that is contiguous to the Ulu

mining lease, and the Roma Project.

A significant high-grade gold resource exists at the Flood Zone

deposit (Ulu lease), and numerous high-grade gold occurrences and priority targets occur throughout the

Ulu, Hood River and Roma Projects.

Blue Star is listed on the TSX Venture Exchange under the symbol: BAU, the U.S. OTC Exchange under

the symbol: BAUFF, and on the Frankfurt Exchange under the symbol: 5WP0.

For 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:

[email protected]

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.

To view the source version of this press release, please visit

https://www.newsfilecorp.com/release/118553