Northwire Canada EditionWednesday, November 11, 2026
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Gold 4,030.20 −2.0% Silver 51.23 −2.8% Copper 6.27 −1.2% Oil 86.04 −0.9% Palladium 1,024.00 +0.2% NVX 0.910 +0.0% MSR 0.435 +0.0% ELE 22.85 −4.0% ALS 53.01 −2.2% APM 5.13 −6.6% AVL 5.46 −5.4% NG 8.84 −9.0% ATY 0.220 −2.2% CN 0.125 −10.7% PMET 3.22 −4.2% ITH 1.99 −11.6% VMET 12.33 −6.9% ABX 56.41 −5.6% PUR 0.370 +8.8% SCY 0.085 +6.2% AUMN 0.300 +7.1% Gold 4,030.20 −2.0% Silver 51.23 −2.8% Copper 6.27 −1.2% Oil 86.04 −0.9% Palladium 1,024.00 +0.2% NVX 0.910 +0.0% MSR 0.435 +0.0% ELE 22.85 −4.0% ALS 53.01 −2.2% APM 5.13 −6.6% AVL 5.46 −5.4% NG 8.84 −9.0% ATY 0.220 −2.2% CN 0.125 −10.7% PMET 3.22 −4.2% ITH 1.99 −11.6% VMET 12.33 −6.9% ABX 56.41 −5.6% PUR 0.370 +8.8% SCY 0.085 +6.2% AUMN 0.300 +7.1%
Drill Results

Blue Star Confirms High-Grade Gold Mineralization on its Avalliq Property

High-grade channel sampling at Avalliq MOV prospect advances Nunavut exploration

By The Northwire Desk — AI Analysis Nov 11, 2026 · 07:01 BAU · 0.135 Blue Star Gold Corp.
Executive Summary
  • Blue Star Gold Corp. announced channel sampling results from the MOV gold prospect on its Avalliq property (Roma Project) in Nunavut.
  • The program tested approximately 50 metres of strike length within the historically exposed 105-metre MOV vein system.
  • Significant high-grade intervals returned include 1.79m at 24.78 g/t Au (including 0.93m at 44.5 g/t Au) and 2.37m at 5.03 g/t Au.
  • Local elevated tungsten values were identified, with two samples returning results at the laboratory's upper reporting limit of 10,000 ppm W.
  • Results indicate gold occurs in altered and sulphide-bearing host rocks beyond the principal quartz veins, suggesting a potentially broader mineralized system.
  • The company plans to incorporate results into geological interpretations and may initiate an initial drill program to test strike and down-dip extensions.
Material Impact
  • The channel sampling results confirm the high-grade nature of the MOV system and provide new geological context regarding host-rock mineralization.
  • This announcement is an expected incremental step in the company's ongoing 2026 exploration program, following previous drill results at Auma, Nutaaq, Roma Main, and Ataani.
  • The data does not introduce fundamentally new valuation drivers, alter the company's capital structure, or change its immediate financing requirements.
  • The exploration narrative continues to advance, but the results are consistent with historical surface sampling and do not represent a surprise or a step-change in project economics.
  • The news supports the geological model and justifies future drilling, but it does not materially shift the risk profile or near-term cash flow outlook.
BAU · Price
Company Overview
  • Blue Star Gold Corp. is an exploration-stage company focused on gold and critical minerals in the High Lake Belt, Nunavut.
  • Flagship asset is the Ulu Gold Project, hosting the Flood Zone Deposit.
  • The updated Mineral Resource Estimate (May 2026) defines 558,000 ounces of Measured and Indicated gold at 7.87 g/t Au, and 476,000 ounces of Inferred gold at 4.54 g/t Au.
  • Metallurgical studies indicate potential gold recoveries exceeding 90%.
  • The company also controls the Roma Project (VMS/critical minerals) and the Auma Project (high-grade gold), covering over 420 square kilometres.
  • The projects are located 40-100 km south of the proposed Grays Bay deep-water port and all-weather road corridor.
Read the original news release →

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Drill Results