Northwire Canada EditionFriday, July 10, 2026
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AUMN 0.275 +0.0% GGX 0.040 +0.0% S 0.155 +29.2% NNX 0.035 +0.0% ABX 51.90 −0.6% TTS 2.40 −4.0% FCI 0.400 −9.1% GR 0.075 +0.0% AII 23.38 +12.4% TUNG 1.72 +1.8% LGO 1.01 −2.9% EMM 0.080 +0.0% OGN 3.45 +2.1% MSA 6.67 +3.7% SGZ 0.040 −11.1% GRSL 0.310 −3.1% AUMN 0.275 +0.0% GGX 0.040 +0.0% S 0.155 +29.2% NNX 0.035 +0.0% ABX 51.90 −0.6% TTS 2.40 −4.0% FCI 0.400 −9.1% GR 0.075 +0.0% AII 23.38 +12.4% TUNG 1.72 +1.8% LGO 1.01 −2.9% EMM 0.080 +0.0% OGN 3.45 +2.1% MSA 6.67 +3.7% SGZ 0.040 −11.1% GRSL 0.310 −3.1%
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Blue Star Awarded a Contribution up to $250,000 by Nunavut's Discovery, Invest, Grow Program; NI 43-101 Technical Report on the Ulu Gold Project Filed

Blue Star files a technical report and secures a minor grant as drilling advances at its Nunavut project.

By The Northwire Desk — AI Analysis Jul 06, 2026 · 18:01 BAU · 0.22 Blue Star Gold Corp.
Executive Summary

Blue Star Gold Corp. filed an independent NI 43-101 Technical Report for the Ulu Gold Project on SEDAR. The report confirms the updated Mineral Resource Estimate (MRE) announced on May 21, 2026, which includes 558,000 ounces Measured & Indicated at 7.87 g/t Au and 476,000 ounces Inferred at 4.54 g/t Au. Metallurgical studies indicate potential gold recoveries exceeding 90% across all zones.

The company secured up to $250,000 from the Government of Nunavut's Discover, Invest, Grow (DIG) program, with an initial $125,000 received. Additionally, the Grays Bay Road and Port Project (GBRPP) is now under federal consultation for listing under the Building Canada Act, following its referral to the Major Projects Office in March 2026.

Material Impact

Blue Star Gold Corp. (BAU) filed a technical report to validate its May 2026 Mineral Resource Estimate (MRE). This filing serves as a standard regulatory compliance step and introduces no new geological data or economic studies.

The company also received a DIG grant, described as a minor and expected contribution that does not materially impact liquidity or the balance sheet, particularly following the $3.95 million private placement closed in June 2026. Additionally, an update to the GBRPP is structurally positive for long-term infrastructure but does not alter near-term operational or financial metrics. The news is considered incremental and aligns with previous expectations.

BAU · Price
Company Overview

Blue Star Gold Corp. (BAU) is an exploration-stage company focused on the High Lake Greenstone Belt in Nunavut, Canada. Its flagship asset is the Ulu Gold Project, which features the Flood Zone Deposit. The company’s land package includes the Ulu property (950 ha), Hood River (~11,200 ha), Roma (~30,100 ha), and Auma (~11,794 ha).

Blue Star is advancing gold and critical mineral targets, including copper, zinc, and silver, across multiple prospects such as Sand Lake and Avalliq. The company currently has no revenue-generating operations and is fully reliant on equity financing, grants, and debt.

Read the original news release →

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Jun 23, 2026 · 08:01

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Resource Estimate