Northwire Canada EditionSunday, August 2, 2026
Northwire
S 0.140 +0.0% BNKR 4.40 −2.2% QRO 0.045 +0.0% VCT 0.075 +36.4% PPP 1.15 +0.9% LMG 0.390 +0.0% GRDM 0.140 +0.0% ABRA 13.58 −4.1% WHY 0.295 +1.7% HHH 3.94 −0.2% COS 0.060 +0.0% NOB 0.065 −23.5% MEK 0.055 +0.0% TGOL 0.105 −4.5% FCI 0.400 −7.0% SGQ 0.350 +0.0% S 0.140 +0.0% BNKR 4.40 −2.2% QRO 0.045 +0.0% VCT 0.075 +36.4% PPP 1.15 +0.9% LMG 0.390 +0.0% GRDM 0.140 +0.0% ABRA 13.58 −4.1% WHY 0.295 +1.7% HHH 3.94 −0.2% COS 0.060 +0.0% NOB 0.065 −23.5% MEK 0.055 +0.0% TGOL 0.105 −4.5% FCI 0.400 −7.0% SGQ 0.350 +0.0%
Drill Results

Blue Star Gold talks 2026 Nunavut plans

BAU · Price

Executive Summary

  • Blue Star Gold Corp. reviewed its 2025 exploration activities and unveiled a comprehensive 2026 exploration program focused on advancing gold and critical mineral targets across its High Lake belt land package in Nunavut.
  • Key 2025 accomplishments include strategic property expansions (Avalliq and Sand Lake prospects), high-grade surface sampling (>100 g/t Au), and successful drilling at Nutaaq that confirmed and extended known gold mineralization.
  • The 2026 program prioritizes ground geophysics, critical mineral drilling, follow-up drilling at Nutaaq North and Auma, and continued development of the Flood zone gold deposit to unlock additional value.

Key Details

  • 2025 Property Expansions & Targets:
  • Staked the Avalliq property, adding high-priority targets: Silver Bullet (grab samples up to 186.1 g/t Au), MOV, Black Ice, and Cygnet North.
  • Expanded the Roma project exploration agreement to encompass the Sand Lake prospect (historical highlight: 21.0m at 2.71% Cu, 0.17% Zn, 20.84 g/t Ag, 0.29 g/t Au).
  • 2025 Exploration Results:
  • Completed extensive surface sampling programs yielding multiple high-grade gold results exceeding 100 g/t Au across several targets.
  • Successfully drilled at Nutaaq, confirming significant gold mineralization and extending known mineralized trends.
  • 2026 Exploration Program Objectives:
  • Complete ground-based geophysical surveys to refine drill targets associated with critical mineral anomalies identified during 2025 airborne surveys.
  • Drill test the strongest critical mineral targets.
  • Define drill targets along a three-kilometer gold-enriched corridor of the Ulu Fold east of the Zebra prospect.
  • Conduct the company's first drill program at the high-potential Auma prospect.
  • Follow up on encouraging 2025 drill results at Nutaaq North.
  • Continue surface exposure, mapping, and sampling of near-surface mineralization at the Flood zone gold deposit to advance a clear pathway to unlock additional value.
  • Asset & Location Context:
  • Company controls over 300 square kilometres of properties in the High Lake greenstone belt, Nunavut.
  • Principal assets include the Ulu gold project (hosting the high-grade Flood zone deposit) and the Roma project.
  • Projects are strategically located 40 to 100 kilometres south of the proposed Grays Bay deepwater port and planned all-weather road corridor.

Notable Quotes

  • "Our 2025 exploration programs delivered strong technical results and meaningfully advanced several of our priority targets," said Grant Ewing, chief executive officer. "With multiple targets now ready for drilling, we view 2026 as a highly compelling opportunity to further evaluate the gold and critical mineral discovery potential of our projects in the High Lake belt."
Read the original news release →

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