10 June 2025
Vancouver, British Columbia--(Newsfile Corp. - June 10, 2025) - Blue Star Gold Corp. (TSXV: BAU) (OTCQB: BAUFF) (FSE: 5WP0) ("Blue Star" or the "Company"), a leading explorer in Canada's North, is excited to announce the expansion of the Roma Project through the staking of a significant new property, the Avalliq property, located in the West Kitikmeot Region of Nunavut. This property is particularly compelling due to its quality gold prospects and strategic location, being less than two kilometres east of the proposed Grays Bay Road, which could significantly enhance future access and infrastructure development for the property (Figure 2).
Highlights
"The expansion of our Roma Project with the staking of the Avalliq property adds a new, highly prospective and target-rich area to our exploration pipeline," said Grant Ewing, CEO of Blue Star, "The high-grade gold grabs at surface, historically trenched high-grade MOV target, and numerous untested geophysical anomalies, suggest that we have added substantial discovery potential to our land position in the High Lake Belt. Furthermore, the proximity to the proposed road, less than two kilometres to the west, improves the accessibility of this property and positions us well for future development. We are looking forward to advancing this property to evaluate its full potential."
Discussion of the Avalliq Property
The newly staked Avalliq property encompasses four significant gold prospects, including MOV, Silver Bullet, Cygnet Northern and Black Ice as discussed below. Rock units on the property include mafic to intermediate and intermediate to felsic volcanic units intruded by synvolcanic gabbro on the west and turbidites on the east. Both units are truncated in the north by a large granitoid body. Known gold showings are hosted in a dacitic to felsic volcanic rock package in a general northeast trend and in shallow dipping quartz veins hosted in diorite-granodiorite intrusive units. The latter style of mineralisation is very similar to Blue Star's Roma Main target. Blue Stars Avalliq property covers 1,111.9 hectares of prospective ground. (Figure 1).
Historical Work
The Avalliq property encompasses the northern portion of the historical BHP Cygnet Claims and the Echo Bay Mining Grumpy Claims. In 1984 Echo Bay discovered an auriferous quartz vein (the MOV vein, Plate 1) which led to detailed mapping, and a geochemical and geophysical work program, culminating in a trench-based resource estimation and a recommendation to drill that was never implemented (AR083662). BHP Minerals Canada carried out reconnaissance traverses in the area in 1986, 1987, and 1989. This initial work was documented by BHP in 1991 (AR083662) and consisted initially of reconnaissance traverses followed by grid establishment for mapping, mag-VLF and prospecting.