eAnalysis Corp. revealed a 52-page Initiation Report on Blue Star Gold Corp. (TSXV:BAU | OTC:BAUFF | FSE:5WP0) that’s out there to obtain free of charge at www.eresearch.com.
Blue Star is a Vancouver-based mineral exploration and improvement firm that explores for gold in Nunavut, Canada, and has acquired 100% ownerships within the Ulu Gold, Hood River, and Roma initiatives masking over 65,900 acres (26,674 hectares) within the Excessive Lake Greenstone Belt (“HLGB”).
The corporate is the most important titleholder within the HLGB, a extremely potential and underexplored mineral-rich space with drill-ready targets. Greenstone belts are extremely prolific and synonymous with high-grade gold manufacturing and sometimes include ore deposits of gold, silver, copper, lead, and zinc.
The Ulu Gold and Hood River properties are adjoining to one another, and the Roma mission is situated 48 km due north of the Ulu Gold Challenge. The Ulu Gold Challenge incorporates an NI 43-101 useful resource of 831,000 gold ounces from two zones (Flood and Gnu).
The mineral claims on the Ulu Gold Challenge had been initially staked in 1988 and the Flood Zone gold deposit was found in 1989. Intensive exploration was performed through the years by earlier corporations together with BHP Group (ASX:BHP), Echo Bay Mines, Wolfden Assets (TSXV:WLF), and Elgin Mining.
There are virtually 1,700 metres (“m”) of underground improvement because the Ulu deposit has a decline and crosscuts from a small bulk pattern executed by Echo Bay. By 2012, there had been roughly 90,000m of diamond drilling accomplished, primarily specializing in the Flood Zone.
In response to the technical stories, the prevailing useful resource has the potential for enlargement because the Flood Zone remains to be open at depth, the Gnu Zone remains to be open alongside strike and at depth, and the opposite peripheral gold showings have exploration potential.
The 2021 exploration program delivered promising preliminary outcomes that warranted additional exploration. Key outcomes included 52.7 grams/tonne (“g/t”) gold over 2.0m, 19.1 g/t gold over 4.91m, 6.9 g/t gold over 7.00m, and 13.0 g/t gold over 2.64m. As well as, a newly found vein system within the Gnu Zone, 750m northeast of the Flood Zone, returned 20.8 g/t gold over 8.15m.
Grant Ewing, Blue Star’s CEO, commented, “Blue Star has quite a few very potential goal zones all through its intensive landholdings which have seen solely restricted modern-day exploration as a lot of the focus traditionally has been on delineating our high-grade Flood Zone gold deposit. The addition of the Roma mission in 2021 and the invention of a brand new vein system on the Gnu Zone, which represents a unique model of gold mineralization from that of the Flood Zone deposit, provides to our potential for additional new discoveries and useful resource development.”
Planning is already underway for the 2022 exploration program that features a drill program, regional geophysical and geochemical surveys, and choose mapping and prospecting over areas which have been recognized as extremely potential.
Substantial infrastructure related to earlier work already exists on the Ulu Gold Property together with capital gear, a Weatherhaven camp with a store, and a 1,200-metre lengthy airstrip.
Northern Canada has emerged as a brand new mining and exploration hotspot with initiatives in Nunavut, the Northwest Territories, and the Yukon. Nunavut is the most important and northernmost territory of Canada and was separated from the Northwest Territories in 1999. The past-producing Lupin gold mine lies 125 km to the southwest and the Excessive Lake base metallic deposit (MMG Ltd.) is 50 km to the northeast.
Blue Star is at the moment buying and selling at C$0.60 with a market cap of lower than C$32 million however with an current useful resource to construct upon, and its intensive land package deal with current gold showings and targets, eAnalysis believes there’s upside potential for the inventory value.
For extra details about eAnalysis’s 52-page Initiation Report on Blue Star Gold, please go to eAnalysis’s web site (www.eresearch.com).
Disclaimer / No representations, categorical or implied, are made by eResearch as to the accuracy, completeness or correctness of its analysis. Opinions and estimates expressed in its analysis signify eResearch’s judgment as of the date of its stories, are topic to vary with out discover, and are supplied in good religion and with out obligation. Its analysis just isn’t a proposal to promote or a solicitation to purchase any securities. The securities mentioned might not be eligible on the market in all jurisdictions. Neither eResearch, nor any individual employed by eResearch, accepts any legal responsibility in anyway for any direct or oblique loss ensuing from any use of its analysis or the knowledge it incorporates. eResearch stories might not be reproduced, distributed, or revealed with out the categorical permission of eResearch. eResearch accepts promoting and different charges from corporations, monetary establishments, different third events, and Institutional and Retail Buyers. The aim of this coverage is to defray the price of researching small and medium capitalization shares which in any other case obtain little or no analysis protection. To make sure full independence and editorial management over its analysis stories, eResearch follows the CFA Institute’s “Finest Apply Tips Governing Analyst/Company Issuer Relations”.
eAnalysis Corp. revealed a 52-page Initiation Report on Blue Star Gold Corp. (TSXV:BAU | OTC:BAUFF | FSE:5WP0) that’s out there to obtain free of charge at www.eresearch.com.
Blue Star is a Vancouver-based mineral exploration and improvement firm that explores for gold in Nunavut, Canada, and has acquired 100% ownerships within the Ulu Gold, Hood River, and Roma initiatives masking over 65,900 acres (26,674 hectares) within the Excessive Lake Greenstone Belt (“HLGB”).
The corporate is the most important titleholder within the HLGB, a extremely potential and underexplored mineral-rich space with drill-ready targets. Greenstone belts are extremely prolific and synonymous with high-grade gold manufacturing and sometimes include ore deposits of gold, silver, copper, lead, and zinc.
The Ulu Gold and Hood River properties are adjoining to one another, and the Roma mission is situated 48 km due north of the Ulu Gold Challenge. The Ulu Gold Challenge incorporates an NI 43-101 useful resource of 831,000 gold ounces from two zones (Flood and Gnu).
The mineral claims on the Ulu Gold Challenge had been initially staked in 1988 and the Flood Zone gold deposit was found in 1989. Intensive exploration was performed through the years by earlier corporations together with BHP Group (ASX:BHP), Echo Bay Mines, Wolfden Assets (TSXV:WLF), and Elgin Mining.
There are virtually 1,700 metres (“m”) of underground improvement because the Ulu deposit has a decline and crosscuts from a small bulk pattern executed by Echo Bay. By 2012, there had been roughly 90,000m of diamond drilling accomplished, primarily specializing in the Flood Zone.
In response to the technical stories, the prevailing useful resource has the potential for enlargement because the Flood Zone remains to be open at depth, the Gnu Zone remains to be open alongside strike and at depth, and the opposite peripheral gold showings have exploration potential.
The 2021 exploration program delivered promising preliminary outcomes that warranted additional exploration. Key outcomes included 52.7 grams/tonne (“g/t”) gold over 2.0m, 19.1 g/t gold over 4.91m, 6.9 g/t gold over 7.00m, and 13.0 g/t gold over 2.64m. As well as, a newly found vein system within the Gnu Zone, 750m northeast of the Flood Zone, returned 20.8 g/t gold over 8.15m.
Grant Ewing, Blue Star’s CEO, commented, “Blue Star has quite a few very potential goal zones all through its intensive landholdings which have seen solely restricted modern-day exploration as a lot of the focus traditionally has been on delineating our high-grade Flood Zone gold deposit. The addition of the Roma mission in 2021 and the invention of a brand new vein system on the Gnu Zone, which represents a unique model of gold mineralization from that of the Flood Zone deposit, provides to our potential for additional new discoveries and useful resource development.”
Planning is already underway for the 2022 exploration program that features a drill program, regional geophysical and geochemical surveys, and choose mapping and prospecting over areas which have been recognized as extremely potential.
Substantial infrastructure related to earlier work already exists on the Ulu Gold Property together with capital gear, a Weatherhaven camp with a store, and a 1,200-metre lengthy airstrip.
Northern Canada has emerged as a brand new mining and exploration hotspot with initiatives in Nunavut, the Northwest Territories, and the Yukon. Nunavut is the most important and northernmost territory of Canada and was separated from the Northwest Territories in 1999. The past-producing Lupin gold mine lies 125 km to the southwest and the Excessive Lake base metallic deposit (MMG Ltd.) is 50 km to the northeast.
Blue Star is at the moment buying and selling at C$0.60 with a market cap of lower than C$32 million however with an current useful resource to construct upon, and its intensive land package deal with current gold showings and targets, eAnalysis believes there’s upside potential for the inventory value.
For extra details about eAnalysis’s 52-page Initiation Report on Blue Star Gold, please go to eAnalysis’s web site (www.eresearch.com).
Disclaimer / No representations, categorical or implied, are made by eResearch as to the accuracy, completeness or correctness of its analysis. Opinions and estimates expressed in its analysis signify eResearch’s judgment as of the date of its stories, are topic to vary with out discover, and are supplied in good religion and with out obligation. Its analysis just isn’t a proposal to promote or a solicitation to purchase any securities. The securities mentioned might not be eligible on the market in all jurisdictions. Neither eResearch, nor any individual employed by eResearch, accepts any legal responsibility in anyway for any direct or oblique loss ensuing from any use of its analysis or the knowledge it incorporates. eResearch stories might not be reproduced, distributed, or revealed with out the categorical permission of eResearch. eResearch accepts promoting and different charges from corporations, monetary establishments, different third events, and Institutional and Retail Buyers. The aim of this coverage is to defray the price of researching small and medium capitalization shares which in any other case obtain little or no analysis protection. To make sure full independence and editorial management over its analysis stories, eResearch follows the CFA Institute’s “Finest Apply Tips Governing Analyst/Company Issuer Relations”.
