Blue Star Mobilizes 2026 Exploration Program

Executive Summary and Operations Update

• Blue Star Gold Corp. has officially commenced its Phase I 2026 exploration program in the High Lake Belt, Nunavut.
• The company is planning a significant 8,000-metre drill program (Phase 2) to test high-priority targets identified through geophysical modeling and historical data.
• Key exploration areas include the Auma Gold Project, the Roma Project (targeting VMS deposits), and the Ulu Gold Project.

Evaluation of News Significance

• The news confirms the execution of the exploration strategy previously outlined in the January 27, 2026 release regarding a robust 2026 program.
• It is not unexpected information but rather a confirmation of capital deployment following recent financings (December 2025 private placement).
• The announcement validates that management is utilizing raised funds for exploration as promised, which supports operational continuity.

Corporate Strategy

• Blue Star Gold Corp. focuses on sustainable mineral exploration in Nunavut, Canada, specifically within the High Lake Greenstone Belt (HLGB).
• The company controls approximately 44 km² of highly prospective ground, positioning itself as a major title holder in the region.