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Blue Star Gold Receives 2023 Nunavut Mining Symposium Corporate Award

Marketing Announcement

Blue Star Gold Receives 2023 Nunavut Mining

Symposium Corporate Award

Vancouver, British Columbia--(Newsfile Corp. - May 15, 2023) -

Blue Star Gold Corp.

(TSXV: BAU)

(OTCQB: BAUFF) (FSE: 5WP0)

("Blue Star" or the "Company")

announces it has been awarded the

Nunavut Mining Symposium ("NMS") Corporate Award. The Corporate Award is granted to a

corporation who has displayed outstanding work towards the economic and social development of a

community, region, or Nunavut in general over the past year.

The NMS Awards are the only awards to recognize excellence in the mining and exploration industry in

Nunavut. Each year, three awards are considered for review in the categories of Corporate, Individual

and Government.

Blue Star's CEO, Grant Ewing commented

, "Blue Star is a grateful recipient of the 2023 NMS

Corporate Award. This recognition aligns with Blue Star's commitment to sustainable mineral exploration

and development at its Nunavut projects. The Company utilizes industry best practices as it explores and

advances its projects and is committed to generating social and economic benefits while protecting the

environment."

About Blue Star Gold Corp.

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

Star's landholdings total 270 square kilometres of highly prospective and underexplored mineral

properties in the High Lake Greenstone Belt, Nunavut. The Company owns the

Ulu Gold Project

,

comprised of the

Ulu Mining Lease

and

Hood River Property

, and the

Roma Project

. A significant

high-grade gold resource exists at the Flood Zone deposit (

Ulu Mining Lease

), and numerous high

potential exploration target areas occur throughout the Company's extensive landholdings, providing

Blue Star with excellent resource growth potential.

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

Market 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]

Raffi Elmajian, Corporate Communications Manager

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/165961