Blue Star Receives Final Permits to Commence Drilling on Hood River Concessions, Nunavut
Vancouver, British Columbia--(Newsfile Corp. - August 21, 2019) - Blue Star Gold Corp. (TSXV: BAU) (FSE: 5WP) ("Blue Star" or the "Company") is pleased to announce it is in receipt of the Land Use License issued by the Kitikmeot Inuit Association and its water licence from the Nunavut Water Board. Licence No. KTL319C008 allows access to the Inuit Owned Lands for Hood River exploration camp and operations and to the Ulu mining lease and airstrip to support Blue Star's field programs and the Ulu reclamation planning studies. In addition, the new, amended water licence, 2BE-HRP1924, allows the Company to conduct its drilling and camp activities.
With the permits and water licence in-hand, Blue Star is further pleased to announce it has mobilized field crews to construct its exploration camp to house the drill and support crews, its geologists and assistants and core logging and sampling facilities. It is intended that drilling and the surface work commence on or about August 28th, 2019.
Stephen Wilkinson, the Company's CEO and President, commented, "Our 2019 program will include 2,000 meters of diamond drilling and detailed surface mapping and sampling on the Hood River property, focused on the lands immediately north of the Ulu mining lease. We intend to advance the North Fold Nose gold zone and the associated gold mineralization on the Hood River concessions and to demonstrate the potential of new and accretive gold resources."
Warren Robb P.Geo. is a Qualified Person under National Instrument 43-101 ("NI 43-101"), and has reviewed and approved the geological information contained in this presentation.
About Blue Star Gold Corp.
Blue Star is a Vancouver-based gold and silver exploration company focused on gold exploration and development within Nunavut, Canada. The Company through its subsidiary, Inukshuk Exploration Inc., owns the highly prospective 8,015 ha Hood River gold property located contiguous to the Ulu mining lease. Blue Star has recently exercised its option to acquire the Ulu, an advanced gold and silver project and awaits regulatory approvals for the transmittal of the lease and assignment of the permits and licenses. (Please see Blue Star's news dated - July 29, 2019)
Blue Star has 129.6 million shares outstanding and is listed on the TSX Venture Exchange with the symbol: BAU and on the Frankfurt Exchange with the symbol: 5WP. For information on the Company and its projects, please visit our website: www.bluestargold.ca.
For further information, please contact:
Stephen Wilkinson, President and CEO
Telephone: +1 778-379-1433
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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