stock BAU.V header - 2024-03-21

TSXV: BAU

Market Price: $0.16

stock BAUFF header - 2024-03-21

OTC: BAUFF

Market Price: $0.14

FSX: 5WP0

Market Price: $0.09

100% ownership in 14,500 ha

Project covers +30km of very prospective and underexplored Belt

Numerous high-grade gold showings discovered by BHP in the 1990’s, little to no follow-up work since

Project has multiple significant gold showings within a 6.5 km by 2.4 km area, including several drill ready targets

Geologic setting and style of gold mineralization is similar to that found at the Ulu Project, where the high-grade Flood Zone gold deposit exists

Historical drill program outlined extensive gold bearing quartz vein system; 12.38 g/t Au over 2.31 m drill intercept open

Drill ready targets, potential for a significant discovery

Potential for a significant discovery (2022) once targeting is refined

roma
 
+
 

Figure: Blue Star Projects

During the 2022 program, the Company completed a regional till sampling program at the Roma Project collecting and analyzing over 900 samples. Eight areas were deemed worthy of infill sampling and prospecting. These eight areas were all defined by anomalous samples across at least two till lines and are all located in the central portion to the Roma property which also hosts the historical Roma Main and Roma Fold target areas.

Sampling program highlights at Roma:

  • Roma Fold showing: Limited prospecting returned a sample of 14.10 g/t gold and 1% lead with elevated silver from carbonate altered rock with arsenopyrite mineralization, similar to a 12.10 g/t gold sample collected in 2021. There is no historical drilling in this area.
  • Roma E showing: Samples in the vicinity of the Roma Main showing returned 9.52 and 4.26 g/t gold grades which require additional follow-up.
roma Exploration Program
 
+
 

Figure: Roma Projects targets on gold in till base map

Figure: Roma Project Targets

Original gold showing is a 0.30 – 3.0 m wide quartz vein exposed in outcrop and boulders for 2.0 km
(BHP Minerals’ 1992 Assessment Report AR083068)

 

In 1991, BHP drilled 10 shallow holes totaling 465 metres to test 1.72 km strike of the vein. All drill holes intersected quartz veins from 15 m to 37 m vertically below surface. VG was noted in three of the drillholes and the best results were 12.38 g/t Au over 2.31 m
(including 64.0 g/t Au over 0.37 m) from DDH MD-01

 

No follow up drilling completed after BHP’s initial drill program

 

Project covers more than 12 km of this volcanic-granodiorite contact

 

Other discoveries 4 km SW outlined 12 showings in a 1.6 km x 0.55 km area on the east limb of an anticlinal fold structure adjacent to the Kennarctic Shear Zone (KSZ)

 

Gold values up to 5.6 g/t Au from a 1.0 to 2.5 m wide, north trending, quartz-ankerite vein which is traceable for 350 m

 

All these gold showings in the anticline remain undrilled

Overview

100% ownership in 14,500 ha

Project covers +30km of very prospective and underexplored Belt

Numerous high-grade gold showings discovered by BHP in the 1990’s, little to no follow-up work since

Project has multiple significant gold showings within a 6.5 km by 2.4 km area, including several drill ready targets

Geologic setting and style of gold mineralization is similar to that found at the Ulu Project, where the high-grade Flood Zone gold deposit exists

Historical drill program outlined extensive gold bearing quartz vein system; 12.38 g/t Au over 2.31 m drill intercept open

Drill ready targets, potential for a significant discovery

Potential for a significant discovery (2022) once targeting is refined

roma
 
+
 

Figure: Blue Star Projects

Exploration Program

During the 2022 program, the Company completed a regional till sampling program at the Roma Project collecting and analyzing over 900 samples. Eight areas were deemed worthy of infill sampling and prospecting. These eight areas were all defined by anomalous samples across at least two till lines and are all located in the central portion to the Roma property which also hosts the historical Roma Main and Roma Fold target areas.

Sampling program highlights at Roma:

  • Roma Fold showing: Limited prospecting returned a sample of 14.10 g/t gold and 1% lead with elevated silver from carbonate altered rock with arsenopyrite mineralization, similar to a 12.10 g/t gold sample collected in 2021. There is no historical drilling in this area.
  • Roma E showing: Samples in the vicinity of the Roma Main showing returned 9.52 and 4.26 g/t gold grades which require additional follow-up.
roma Exploration Program
 
+
 

Figure: Roma Projects targets on gold in till base map

Figure: Roma Project Targets

Roma Project

Original gold showing is a 0.30 – 3.0 m wide quartz vein exposed in outcrop and boulders for 2.0 km
(BHP Minerals’ 1992 Assessment Report AR083068)

 

In 1991, BHP drilled 10 shallow holes totaling 465 metres to test 1.72 km strike of the vein. All drill holes intersected quartz veins from 15 m to 37 m vertically below surface. VG was noted in three of the drillholes and the best results were 12.38 g/t Au over 2.31 m
(including 64.0 g/t Au over 0.37 m) from DDH MD-01

 

No follow up drilling completed after BHP’s initial drill program

 

Project covers more than 12 km of this volcanic-granodiorite contact

 

Other discoveries 4 km SW outlined 12 showings in a 1.6 km x 0.55 km area on the east limb of an anticlinal fold structure adjacent to the Kennarctic Shear Zone (KSZ)

 

Gold values up to 5.6 g/t Au from a 1.0 to 2.5 m wide, north trending, quartz-ankerite vein which is traceable for 350 m

 

All these gold showings in the anticline remain undrilled