Blue Star Gold Corp. announced that it has completed its 2022 exploration program across the Company's highly prospective Ulu, Hood River, and Roma projects located in the Kitikmeot Region of Nunavut. Exploration Program Progress Summary: The Company completed 3,690 metres of drilling during the program, 3,055-line km of airborne geophysics, and a regional till sampling program on the Roma Project.

In addition, detailed review and prospecting/mapping of 58 of the targets within the grater than 100 compiled pipeline showings were conducted. Discussion of results: Drilling: DD22-MSK-001 intersected 8.50 g/t gold over 2.4 m and 2.45 g/t over 1.0 m. The hole was drilled in gabbro with local metre scale strain and alteration zones spaced every 30-50 m; intense quartz veining is recorded in intervals from 109.33 to 114.31 m, and from 124.24 to 126.57 m. A strongly mineralized interval with 12% pyrrhotite, 5% pyrite, 0.5% blocky arsenopyrite, multiple flakes of visible gold ("VG") and chalcopyrite in trace amounts occurs from 124.05 to 126.57 m within quartz veins and strongly sheared gabbro. Multiple VG flakes occur from 126.12 to 126.35 m. DD22-MSK-002 returned no significant intercepts.

The hole was drilled in gabbro; the targeted polymetallic vein was not intercepted. Blocky pyrrhotite (3%) and blocky chalcopyrite (1%) occur on the margins of a quartz vein from 44.19 to 44.29 m. The vein displays strong calc-silicate alteration. DD22-MSK-003 intersected 1.04 g/t gold over 1.5 m, and 1.90 g/t gold over 1.71 m. The hole was drilled in gabbro and two faults were noted in the drill hole: one fault (30 cm) with gouge and fragmented clasts of gabbro and quartz was intersected at approximately 37 m, the second larger fault zone from 112.27 to 113.11 m consists of multiple gouges (less than 10 cm each), with angular clasts and fractured core filled with calcite between the intervals.

The targeted polymetallic vein (93.71 to 94.91 m) contains 7% pyrrhotite, 7% sphalerite, 5% blocky and acicular arsenopyrite, 1% pyrite and sphalerite with traces of chalcopyrite within strongly sheared gabbro. DD22-MSK-004 returned no significant intercepts. The hole was drilled in gabbro and intersected a fault zone from 111.80 to 118.73 m and a quartz vein containing 1% blocky pyrite and pyrrhotite from 133.60 to 133.97 m. Below the highest strain portion of the fault zone, a few mm and cm scale quartz veins contain up to 3% blocky pyrite.

Calc-silicate alteration bands occur at the same orientation as the mineralized veins, possibly representing the margins of the targeted polymetallic vein. DD22-MSK-005 intersected 8.18 g/t gold over 4.2 m, including 13.53 g/t over 2.19 m. The hole was drilled in gabbro and intersected numerous centimeter scale fault gouge zones. The mineralized zone from 94.08 to 98.33 m is comprised of cm and mm scale quartz veins and gabbro.

The veins are discordant at a high angle to the fabric of the gabbro, the larger of which occur from 95.18 to 95.46 m, 97.72 to 96.66 m, and 96.88 to 97.37 m. The veins contain up to 6% blocky pyrrhotite, 1% blocky pyrite and 1% blocky chalcopyrite within wallrock fragments, and 2-3% blocky and acicular arsenopyrite. Additional assay samples are pending. The Gnu Zone target area evaluated during this program is comprised of up to four known shear hosted quartz-polymetallic veins at high angle to a gabbro-sediment contact that hosts calc-silicate-acicular arsenopyrite alteration.

All drilling this season was completed with oriented core to assist geological modeling. Late faults complicate the area however it is believed that the faults can be resolved with the current initial wide spaced drilling program.