Blue Star Gold Corp (TSE:BAU) has released an update.
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Blue Star Gold Corp. has secured a 10-year Advanced Exploration Lease with the Kitikmeot Inuit Association, granting exclusive surface rights on the Ulu Project’s Inuit Owned Lands. The deal includes the issuance of 2.46 million shares to the KIA and establishes a partnership aimed at the development of the High Lake Belt’s mineral potential. The agreement also entails annual cash rental fees and allows third-party land use under strict conditions to ensure the progress of Blue Star’s exploration activities.
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