01:32 PM EDT, 05/27/2024 (MT Newswires) -- Blue Star Gold ( BAUFF ) said Monday it launched ground-based programs to further refine high-potential drill targets for testing this season at the Ulu-Hood River and Roma Projects in the High Lake Greenstone Belt, Kitikmeot Region of Nunavut.

Blue Star is focused on advancing its high-grade Ulu Gold Project in Nunavut through resource expansion and discoveries.

Initial field activities include mapping and prospecting and will initially focus on North Nutaaq, Mikigon, and the High Lake VMS Deposit stratigraphy, followed by pipeline targets.

Induced polarisation geophysical surveys will begin at Mikigon, and then move down to the Nutaaq Trend and Central Zone, the company said.

Electromagnetic surveys will start at the HI01 target and Granite/North Zone target at the Roma Project, and then move south to targets along the High Lake VMS deposit stratigraphy.

Further, the company said it will launch Lithogeochemical surveys at the SouthZone-Twilight area and the Central Zone to further define/confirm structural offsets that may host mineralization

The company's shares were last seen down $0.005 to $0.15 on the TSX Venture Exchange.

Price: 0.15, Change: -0.01, Percent Change: -3.23