Blue Star Gold Corp. has completed another successful exploration season and announces final sample results from its 2023 exploration program. The program included a multi-prong exploration effort across the Company's Ulu Gold Project in Nunavut, including ground-based geophysical surveys, ground-truthing pipeline targets, mapping, lithogeochemical sampling, and prospecting.

The program was focused to identify and advance targets throughout Blue Star's highly prospective landholdings to be drill ready for a 2024 discovery program. Highlights: Discovery of the Mikigon prospect, a +500m auriferous structure, 47.1 g/t gold sampled at surface;. Auma prospect returns 47.6 g/t gold from sample with visible gold;.

Ulu West Subzone B/C: 27.3 g/t, 7.98 g/t and 6.66 g/t gold. Discussion of Field Results. Mapping focussed on the 5 km long Ulu fold between the Flood Zone gold deposit and the NFN deposit, and the North and South Penthouse areas.

Mapping was undertaken at scales of 1:5000 and 1:2500, and pXRF scanning of rock chips was used to determine areas for lithogeochemical sampling to better define and understand the stratigraphic package and differentiate between more prospective lithological units. The objective of the program was to revisit and evaluate all the historically defined showings in order to better prioritise their potential. Approximately 80% of the pipeline targets have now been revisited, including base metal targets.

A total of 319 samples were collected this season with assay results ranging from detection limit to 47.6 g/t Gold. Samples returning > 1 g/t gold made up 22% of the sample population, > 3 g/t represented 11% of the sample population and samples returning > 5 g/t gold comprised 6% of the sample population. Highlights from the pipeline targets reviewed this season are below.

Gnu/Nutaaq Trend Targets. Ju Zone: this showing is hosted on the eastern limb of the Ulu Fold in the outer mafic volcanic unit. The main part of the zone was covered with a preliminary induced polarisation survey in order to refine potential drill targets within the Gnu/Nutaaq Trend.

Results will be available after interpretations are completed. Central Breccia: several showings in this area are interpreted to be hosted within the same lithological unit which hosts the Gnu/NutaaQ veins 700 metres to the southeast. Grab sample highlights from a number of these zones include 27.3 g/t gold from black quartz, 7.98 g/T from black-grey quartz with silvery coloured pyrite, and 6.66 g/T gold from a black quartz vein in foliated biotite rich sediments.

These zones are characterised by high bismuth values. This area will receive more detailed mapping and geophysical surveys to determine mineralisation controls in order to bring it to drill ready status.ood River North Targets. Mikigon: this prospect was identified during mapping and prospecting of the sedimentary rocks surrounding the Ulu Fold in an area of no previously known sampling and is the first known substantial sediment hosted mineralised zone in the Ulu Gold Project.

No drilling was conducted downdip of the high-grade intersection in DDH MD-01 and no step out drilling to the north from this intercept was conducted. No follow up drilling is known to have been completed on this property since BHP's initial drill program in the 1990's. The company has not verified the historical results from the Roma Project and has presented information obtained from the Roma Project and has provided information obtained from the Roma Project.