Blue Star's Target Series: Flood Zone Deposit Deepest High-Grade Mineralization is Open Along Plunge; Potential Controls Defined
Blue Star Gold Corp. (BAUFF) has announced significant advances in understanding its flagship Flood Zone deposit in Nunavut's West Kitikmeot Region. The company reported notable deep high-grade gold intercepts, including 12.74 g/t Au over 1.68 metres and 12.18 g/t Au over 0.6 metres at ~950 metres depth, and 14.67 g/t over 7.85 metres at ~590 metres depth.
A new structural model reveals that veins at the northwest end rotate southward, deviating from the known system's southeast trend. The deposit, characterized by gold and arsenopyrite in quartz veins, extends ~450 metres in length and has been drilled to ~1,000 metres depth, remaining open along plunge and down dip.
The company is planning a 2,000 to 4,500 metre drill program to test expansion potential, particularly focusing on the intersection of the mineralized system with the A1 basalt-sedimentary rock contact.
Blue Star Gold Corp. (BAUFF) ha annunciato significativi progressi nella comprensione del suo deposito principale Flood Zone nella regione di West Kitikmeot, Nunavut. L'azienda ha riportato notevoli intercettazioni di oro ad alta legge in profondità, tra cui 12,74 g/t Au su 1,68 metri e 12,18 g/t Au su 0,6 metri a circa 950 metri di profondità, e 14,67 g/t su 7,85 metri a circa 590 metri di profondità.
Un nuovo modello strutturale rivela che le vene all'estremità nord-ovest ruotano verso sud, deviando dalla tendenza sud-est del sistema conosciuto. Il deposito, caratterizzato da oro e arsenopirite in vene di quarzo, si estende per circa 450 metri di lunghezza ed è stato perforato fino a circa 1.000 metri di profondità, rimanendo aperto lungo la pendenza e in profondità.
L'azienda prevede un programma di perforazione di 2.000-4.500 metri per testare il potenziale di espansione, concentrandosi in particolare sull'intersezione del sistema mineralizzato con il contatto tra roccia basaltica e sedimentaria A1.
Blue Star Gold Corp. (BAUFF) ha anunciado avances significativos en la comprensión de su depósito insignia Flood Zone en la región de West Kitikmeot, Nunavut. La compañía reportó notables intersecciones de oro de alta ley en profundidad, incluyendo 12,74 g/t Au sobre 1,68 metros y 12,18 g/t Au sobre 0,6 metros a aproximadamente 950 metros de profundidad, y 14,67 g/t sobre 7,85 metros a aproximadamente 590 metros de profundidad.
Un nuevo modelo estructural revela que las vetas en el extremo noroeste rotan hacia el sur, desviándose de la tendencia sureste del sistema conocido. El depósito, caracterizado por oro y arsenopirita en vetas de cuarzo, se extiende aproximadamente 450 metros de longitud y ha sido perforado hasta aproximadamente 1,000 metros de profundidad, permaneciendo abierto a lo largo de la inclinación y hacia abajo.
La compañía planea un programa de perforación de 2,000 a 4,500 metros para probar el potencial de expansión, enfocándose particularmente en la intersección del sistema mineralizado con el contacto entre la roca basáltica y sedimentaria A1.
Blue Star Gold Corp. (BAUFF)는 누나부트의 웨스트 키티키모트 지역에 있는 주요 플러드 존 매장지에 대한 이해에서 중요한 진전을 발표했습니다. 회사는 약 950미터 깊이에서 1.68미터에 걸쳐 12.74 g/t Au와 0.6미터에 걸쳐 12.18 g/t Au, 그리고 약 590미터 깊이에서 7.85미터에 걸쳐 14.67 g/t Au를 포함한 주목할 만한 고등급 금 시추 결과를 보고했습니다.
새로운 구조 모델은 북서쪽 끝의 광맥이 남쪽으로 회전하며, 알려진 시스템의 남동쪽 경향에서 벗어난다고 밝혔습니다. 이 매장지는 금과 아르세노파이리트가 포함된 석영 광맥으로 구성되어 있으며, 길이가 약 450미터이고 약 1,000미터 깊이까지 시추되었으며, 경사와 깊이 방향으로 열려 있습니다.
회사는 2,000에서 4,500미터의 시추 프로그램을 계획하여 확장 가능성을 테스트할 예정이며, 특히 광물화된 시스템과 A1 현무암-퇴적암 접촉의 교차점에 집중할 것입니다.
Blue Star Gold Corp. (BAUFF) a annoncé des avancées significatives dans la compréhension de son dépôt phare Flood Zone dans la région de West Kitikmeot, au Nunavut. La société a rapporté des intercepts d'or de haute qualité en profondeur, y compris 12,74 g/t Au sur 1,68 mètres et 12,18 g/t Au sur 0,6 mètres à environ 950 mètres de profondeur, et 14,67 g/t sur 7,85 mètres à environ 590 mètres de profondeur.
Un nouveau modèle structurel révèle que les veines à l'extrémité nord-ouest tournent vers le sud, déviant de la tendance sud-est du système connu. Le dépôt, caractérisé par de l'or et de l'arsénopyrite dans des veines de quartz, s'étend sur environ 450 mètres de long et a été foré jusqu'à environ 1 000 mètres de profondeur, restant ouvert le long de la pente et en profondeur.
La société prévoit un programme de forage de 2 000 à 4 500 mètres pour tester le potentiel d'expansion, en se concentrant particulièrement sur l'intersection du système minéralisé avec le contact entre la roche basaltique et sédimentaire A1.
Blue Star Gold Corp. (BAUFF) hat bedeutende Fortschritte im Verständnis seines Flaggschiff-Deposits Flood Zone in der West Kitikmeot Region von Nunavut bekannt gegeben. Das Unternehmen berichtete von bemerkenswerten tiefen hochgradigen Goldinterzepten, darunter 12,74 g/t Au über 1,68 Meter und 12,18 g/t Au über 0,6 Meter in etwa 950 Metern Tiefe sowie 14,67 g/t über 7,85 Meter in etwa 590 Metern Tiefe.
Ein neues strukturelles Modell zeigt, dass die Adern am nordwestlichen Ende nach Süden rotieren und sich von dem bekannten südöstlichen Trend des Systems abweichen. Das Deposit, das durch Gold und Arsenopyrit in Quarzadern gekennzeichnet ist, erstreckt sich über etwa 450 Meter in der Länge und wurde bis zu etwa 1.000 Meter tief gebohrt, wobei es entlang der Neigung und nach unten offen bleibt.
Das Unternehmen plant ein Bohrprogramm von 2.000 bis 4.500 Metern, um das Expansionspotenzial zu testen, wobei der Schwerpunkt insbesondere auf der Schnittstelle des mineralisierten Systems mit dem Kontakt zwischen A1-Basalt- und Sedimentgestein liegt.
- High-grade gold intercepts discovered at significant depths
- Deposit remains open for expansion along plunge and down dip
- New structural model provides better understanding for targeted exploration
- 88,806 metres of total drilling completed, demonstrating extensive exploration
- Additional drilling required to confirm resource expansion potential
- Deep mineralization may require underground access for future development
Vancouver, British Columbia--(Newsfile Corp. - April 3, 2025) - Blue Star Gold Corp. (TSXV: BAU) (OTCQB: BAUFF) (FSE: 5WP0) ("Blue Star" or the "Company"), a leading explorer in Canada's North, announces significant advances in the understanding of its flagship Flood Zone deposit, located in the West Kitikmeot Region of Nunavut. Strong potential exists for expansion of the deposit down plunge of existing deep high-grade gold intercepts.
Flood Zone Deep Highlights
- Deep high-grade gold intercepts with no follow-up drilling include 12.74 g/t Au over 1.68 metres and 12.18 g/t Au over 0.6 metres in 91VD105 at ~950 metres depth and 14.67 g/t over 7.85 metres in 90VD75 at ~590 metres depth.
- New structural model indicates that veins at the northwest end of the mineralization rotate towards the south, away from the southeast trend of the known system.
- The key A1-basalt — sedimentary rock contact may be offset at depth and can be targeted where this contact intersects the projected vein system.
- Significant potential for resource expansion exists down-plunge.
"Based on our recent studies there are several new areas to target within the Flood Zone," said Grant Ewing, CEO of Blue Star. "The deep Flood Zone targets are some of the most interesting because the mineralization has never been drilled at depth along plunge. Now that we understand how the structures and mineralization are behaving at depth, the follow-up drilling to expand the resource can be planned with more confidence."
Figure 1: Oblique Sectional View of the Flood Zone Deposit Looking Southeast. Gold Intercepts >10 g/t Au are Shown as Red Spheres. Vein Models are Shown as Grey Planes. Resource Expansion Vein Target Area is Shown as a Reddish Plane.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/2421/247186_48bc8023e47a1891_003full.jpg
Figure 2: Plan Map of the High-Grade Flood Zone Deposit and Nearby Targets Including a Projection of the Flood Zone Deep Target Area.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/2421/247186_48bc8023e47a1891_004full.jpg
Discussion of the Flood Zone
The Flood Zone deposit is an anastomosing trend of gold and acicular arsenopyrite in quartz veins and silicified high-iron, high-titanium mafic volcanic rock which follows the trace of a steeply southwest dipping, southeast trending structure that crosscuts the stratigraphy of the western limb of the Ulu Fold. It has characteristics of a mesozonal orogenic gold system with both brittle and ductile textures, including silicification and quartz 'flooding' surrounding mineralized brecciated mafic volcanic rocks, and ductile deformation and folding of the mineralized zone. The mineralization is steeply dipping parallel with the main southeast fault. Alteration halos up to 20 metres wide envelop mineralization and consist of silicification and potassium enrichment, defined by a calc-silicate mineral assemblage. The Flood Zone is ~450 metres long and has been drilled to ~1,000 metres depth. It remains open along plunge and down dip.
The Ulu Fold is a five-kilometre long, moderately northwest plunging anticline which served as a primary conduit of mineralizing fluids during ore formation, which were then channeled into the second order southeast trending faults and shears, which now host the mineralization, including the Flood, Central and Axis Zones, and many other less well-evaluated zones.
Historical Work
The Flood Zone was first identified by BHP in 1989 during a multi-year regional exploration program of greenstone belts in the Slave Craton, focusing on major volcanic-sedimentary rock contacts and areas of structural complexity. The 400-metre-long trend of arsenopyrite-bearing frost-heaved boulders, which defines the surface expression of the Flood Zone, was discovered by Eugene Flood, and yielded assays of 20 to 40 g/t Au. The discovery holes in 1989 intersected strongly brecciated and silicified mafic volcanic rock with acicular arsenopyrite and sulphides including pyrite, pyrrhotite and chalcopyrite, and returned multiple high-grade intervals. These include 5.52 g/t Au over 16.1 metres near surface and 13.99 g/t Au over 6.0 metres at 35 metres below surface in hole 89VD01, 5.52 g/t Au over 16.10 metres in hole 89VD02, 13.99 g/t Au over 6.0 metres in hole 89VD04, and 9.74 g/t Au over 7.17 metres in hole 89VD10.
Blue Star's Recent Work
Since acquiring the Ulu Gold Project in 2019, Blue Star has undertaken a systematic approach to build the understanding of the known mineralization including lithological, structural and geochemical controls of the mineralization, and has moved forward to identify and refine targets within untested areas of the Flood Zone deposit for expansion.
A structural study has updated the understanding of vein geometries. Key to the new interpretation is the recognition that the generally southeast trending mineralization flexes to a more southerly orientation at its northwest extent in the deepest part of the known system. This opens up additional opportunities for deposit expansion. A geochemical study defined the mafic stratigraphy resolving a close association of the Flood Zone mineralization to a unit called the A1 basalt. Mineralization is intimately associated with this unit and occurs along the northwest plunging contact of this basalt and an underlying sedimentary rock unit. The geochemical discrimination of the mafic units has been instrumental in defining the stratigraphy and structural controls within. It is now recognized that the main Flood Zone deposit hosting structure offsets basalt stratigraphy; it can be interpolated that the same offset affects the sedimentary rock unit at depth, an area yet to be drill-tested.
To date a total of 88,806 metres has been drilled into the Flood Zone deposit which extends from surface to a depth of ~1,000 metres. This work has defined the southeast trending, anastomosing vein and alteration system hosted in high-iron-titanium mafic volcanic rocks near the core of the Ulu Fold, which remains open along plunge at depth.
Next Steps
Blue Star's advancement of the Ulu Gold Project has identified untested ideas for expansion of the Flood Zone deposit, which include follow up of the deep high-grade intercepts. The new stratigraphy, structure and vein models indicate that the intersection of the mineralized system with the hinge of the A1 basalt — sedimentary rock contact has not been drill tested at depth, as it may be offset by the Flood Zone deposit hosting fault. A 2,000 to 4,500 metre drill program would test this area for potential resource additions. Any mineralization discovered in these target areas is expected to be the same style as that of the Flood Zone deposit. This drill meterage will be considered for subsequent drill campaigns. Alternatively, drilling the depth extent potential of the Flood Zone deposit could be completed when underground access was available during development of the deposit.
Historical sampling is documented in the references within this news release and follows industry standards as accepted at the time of the work; no review of the historical sampling was completed by the Blue Star Qualified Person.
References
- Flood et al., 2004. An Overview of the Ulu Gold Deposit, High Lake Volcanic Belt, Nunavut, Canada. Exploration Mining Geology, Volume 13, Nos. 1-4, pp. 15-23.
- Ghaffari et al., 2023. Mineral Resource Estimate Update for the Ulu Gold Project, Nunavut, Canada. NI 43-101 Technical Report.
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.
Figure 3: Location Map Showing Blue Star's Landholdings.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/2421/247186_48bc8023e47a1891_005full.jpg
About Blue Star Gold Corp.
Blue Star is a mineral exploration and development company focused in Nunavut, Canada. Blue Star's landholdings total 290 square kilometres of highly prospective and underexplored mineral properties in the High Lake Greenstone Belt. 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 targets (gold and critical minerals) occur throughout the Company's extensive landholdings, providing Blue Star with excellent resource growth potential. The site of the future deep-water port at Grays Bay is 40 - 100 km to the north of the properties, and the proposed route corridor for the all-weather Grays Bay Road passes close by the Roma and Ulu Gold Projects.
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: info@bluestargold.ca
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 the 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, 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 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.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/247186
FAQ
What are the recent high-grade gold intercepts reported by Blue Star Gold (BAUFF) at the Flood Zone deposit?
How deep has the BAUFF Flood Zone deposit been drilled and is it still open?
What is the planned drilling program for Blue Star Gold's (BAUFF) Flood Zone expansion?
What are the key characteristics of BAUFF's Flood Zone deposit structure?
