Blue Star Gold Drills 4.91 Metres of 19.1 g/t Gold in Flood Zone at its Ulu Project
Blue Star Gold Drills 4.91 Metres of 19.1 g/t
Gold in Flood Zone at its Ulu Project
Vancouver, British Columbia--(Newsfile Corp. - September 22, 2021) -
Blue Star Gold Corp. (TSXV:
BAU) (FSE: 5WP0) ("Blue Star"
or the
"Company")
provides an update on its 2021 drill program at
the Ulu and Hood River Projects located in the High Lake Greenstone Belt, Nunavut.
Highlights from the on-going program
21BSG001 returns
4.91 metres
("m")
of 19.1 grams per tonne
("g/t") gold and
7.00 m of 6.9 g/t
gold
in Flood Zone lenses; expands higher grade core to the southeast.
21BSG002 returns
2.64 m of 13.0 g/t gold
in the Flood Zone; expands high grade core into
previously modeled grade gap.
Follow up drilling to test the potential of the newly discovered vein system (see news release dated
September 1, 2021) that returned
8.15 m of 20.8 g/t
gold ~750 metres northeast of the Flood
Zone deposit in the Gnu Zone area is underway.
Additional drilling completed: 21BSG009, 21BSG015, 21BSG016 and 21BSG018 intersected
northwest trending Flood Zone style acicular arsenopyrite mineralization over approximately 275
metres in the Axis zone.
Additional drilling completed: 21BSG013 and 21BSG017 intersected polymetallic bearing quartz
veins on the west limb and east limb of the NFN (North Fold Nose) target.
Additional drilling completed: 21BSG014 successfully intersected acicular arsenopyrite at a
vertical depth of 300m in the Central Zone.
Summary
Currently two drills are operating on the property with 4,590m of diamond drilling completed to date in 22
drill holes representing approximately 80% of the planned meters. Drilling to date has focused on targets
proximal to the historical Flood Zone resource area with two holes reported today evaluating lightly
drilled, geologically complex areas in the Flood Zone. Subsequent drilling has evaluated parallel altered
and mineralized trends within 750m of the Flood Zone which include the Axis and Central Zones and
targets within the Gnu Zone area. Additional drilling also included the NFN target approximately 5 kms to
the north along the Ulu fold hinge.
"Flood Zone drilling this year was very selective to assist in refining the geological modeling with the
results announced today indicating that even drilling for geology provides robust grade and widths. The
campaign to date has successfully tested portions of the proximal Axis and Central zones, located
roughly 125m and 250m northeast of the Flood Zone resource respectively. The team is very excited
about evaluating the intersection of these two mineralized trends as they approach the Gnu Zone which
now contains at least four sub-target areas defined by their style of mineralization," commented Darren
Lindsay, Vice President Exploration.
Having recently completed a site visit, CEO Grant Ewing stated, "The current field program is operating
smoothly, and it is very encouraging to see the continued strong results from the Flood Zone drilling, and
from the new vein system discovered in the Gnu Zone area ~750 metres to the northeast. The current
technical team have developed a strong understanding of the geologic controls of the mineralization and
are adept at using visual observations of the drill core to aid in the targeting and testing of high priority
targets. This is especially important given the slow turnaround of assay results from the lab."
Discussion of 21BSG001 and 21BSG002 results
21BSG-001:
This drill hole was used to evaluate a complex area in the shallow southeast part of the
Flood Zone proximal to the sediment - basalt contact and also evaluate an inferred Axis trend subzone at
a moderate depth. The lithologies intercepted include a number of basalt flows intruded by a narrow
quartz-feldspar porphyry dike, a thin sedimentary horizon and a gabbroic unit. Well-developed calc-
silicate alteration hosts the 7-10 % acicular arsenopyrite mineralization; locally small specks of visible
gold were observed in the more silicified/veined sections. An inferred late, distinctive epidote-pyrite
breccia zone was observed below the initial target and continued to the expected extension of the Axis
zone which returned no significant values.
Plate 1: 21BSG001
showing upper portion of 7.77m to 13.68m section which returned
19.1 g/t gold
over 4.91m
; intense silicification in calc-silicate alteration and quartz veining hosting 7-10% acicular
arsenopyrite and visible gold; insets of texture and visible gold.
To view an enhanced version of Plate 1, please visit:
https://orders.newsfilecorp.com/files/2421/97212_bsg1.jpg
21BSG-002:
Historical drilling in the area of this drill hole was oblique to the mineralization trend,
therefore this hole was collared to drill appropriately across the mineralized zone. Lithologies intercepted
include the host basalt flows interlayered with sediments, a gabbroic body (possible coarse flow) all
intruded by a diabase dike. An intensely silicified alteration zone with K-feldspar and diopside hosts the
7-10% acicular arsenopyrite with pyrite, pyrrhotite and fine specks of visible gold.
Plate 2: 21BSG002
from 164.48m to 167.12m, a 2.64m interval of 13.0 g/t gold with intense
silicification and pervasive k-feldspar alteration, brecciation and stockwork quartz veins hosting 7-10%
acicular arsenopyrite and visible gold. Visible gold and core textures shown in insets.
To view an enhanced version of Plate 2, please visit:
https://orders.newsfilecorp.com/files/2421/97212_bsg2.jpg
Table1: Results for 21BSG001 and 21BSG002 targeting Flood Zone.
Hole_ID
Target
From (m)
To (m)
Width (m)
Au (g/t)
Comment
21BSG-001
Flood Zone
7.77
12.68
4.91
19.1
Flood Zone - MV09
includes
7.77
8.77
1.00
27.0
AND
Flood Zone
25.48
32.48
7.00
6.9
Flood Zone - MV03
includes
27.48
28.48
1.00
14.3
21BSG-002
Flood Zone
164.48
167.12
2.64
13.00
Flood Zone - MV03
includes
164.48
165.35
0.87
11.60
includes
165.35
166.25
0.90
14.50
includes
166.25
167.12
0.87
12.85
Intervals reported in the table above are core lengths and gold assay values are uncut.
Figure 1: Map of the Ulu and Hood River Area.
To view an enhanced version of Figure 1, please visit:
https://orders.newsfilecorp.com/files/2421/97212_picture01.jpg
Figure 2: Plan map of 2021 drilling (current as of date of this release).
To view an enhanced version of Figure 2, please visit:
https://orders.newsfilecorp.com/files/2421/97212_picture2.jpg
Figure 3: Composite Longitudinal Inclined Section of the Flood Zone Deposit Showing Grade x
Thickness Values Excluding Those from the Current Reported Results.
To view an enhanced version of Figure 3, please visit:
https://orders.newsfilecorp.com/files/2421/97212_picture3.jpg
2021 Exploration Program
The Exploration campaign is evaluating several high priority targets in the area of the known high-grade
Flood Zone Gold Deposit on the Ulu Project, and on high potential targets along the Ulu fold hinge.
Numerous priority targets exist along the 5 km long Ulu Anticline which extends from the Flood Zone
Deposit on to the contiguous Hood River Project up to the North Fold Nose Zone. Objectives of this
year's program include better understanding the controls of higher-grade zones within the hosting
structures, evaluating additional structures on and adjacent to the Ulu fold hinge, and expanding and
infilling previously known but undertested mineralized zones.
Initial field work to evaluate known targets and geological controls on potential mineralization on the
Roma Project and the Crown-Pro section (Hood River Project) are also part of the program designed to
generate a robust pipeline of targets for Blue Star Gold on its extensive 100% controlled land package.
Assay results from the balance of the program will be reported as they are received. The slow turnaround
of assay results from the lab is an issue facing the entire sector due to covid related disruptions and the
high level of mineral exploration in Canada.
Full collar tables and assay tables will be made available on the website in due course. Core samples
are being cut by core saw with one half of the core retained and the other half sent for analysis. Samples
are being prepared by ALS Yellowknife-Geochemistry and being analyzed at ALS Global, North
Vancouver. Gold analysis is by fire assay using ALS code Au-AA26 and multielement analysis by code
ME-MS61. Control samples include a crush duplicate every 20 samples; certified reference material is
being inserted once every ten samples. Reported assay intervals use a minimum 2 g/t gold assay cut off
with the inclusion of up to 3m of material below cut-off. True widths for all but the Flood Zone are not
known due to lack of drilling and may range from 30% to 90% of drilled lengths.
Qualified Person
Darren Lindsay, P. Geo. and Vice President Exploration for Blue Star, is a Qualified Person under
National Instrument 43-101 ("NI 43-101") and has reviewed and approved the technical information
contained in this news release.
About Blue Star Gold Corp.
Blue Star is a gold company focused on exploration and development within Nunavut, Canada. The
Company owns the
Ulu Gold Property
lease, an advanced gold project, and the highly prospective
Hood River Property
that is contiguous to the Ulu mining lease. With the recent acquisition of the
Roma Project
, Blue Star now controls over 16,000 hectares of highly prospective and underexplored
mineral properties in the High Lake Greenstone Belt, Nunavut. 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 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:
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.
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