Mike Fagan,
Editor
Oct. 6, 2026
Blue Jay Gold Corp. (TSX-V: JAY)(OTCQB: JAYGF) — currently trading around C$0.90 per share in a strong precious metals market — is advancing its flagship Steller gold project in southern Yukon, Canada, a 170 sq km past-producing gold-silver system.
Blue Jay now reports that maiden metallurgical testing on material from the Becker-Cochran antimony occurrence at Steller produced a 67% antimony concentrate at 94% recovery — exceeding the 60% antimony threshold management has identified for premium product.
Roughly 50 kg of material has been sent to three North American processing groups for conversion into finished antimony products with first results expected in the coming weeks.
Assays are also pending from the company’s recently completed 10-hole drill program at the high-priority Becker-Cochran target, testing the down-dip continuation of mineralization below historical workings.
“Be Where The Gold Is”
Rather than starting from scratch in remote grassroots terrain, Blue Jay’s exploration strategy is centered on proven Canadian mining districts where historical production, existing resources, infrastructure, and decades of exploration data provide a head start.
Blue Jay then applies modern exploration techniques and drilling at projects such as Steller to look for what previous operators may have missed.
Flagship: Steller Gold Project, Yukon
Located just 55 km south of Whitehorse, the 100%-owned Steller project hosts a high-grade NI 43-101 mineral resource of 400,000 ounces gold-equivalent (AuEq) Indicated at 9.06 grams per tonne (g/t) plus 450,000 ounces AuEq Inferred at 6.45 g/t.
The project also includes the past-producing Mt. Skukum mine and its more than 7.5 km of underground workings, a 270-tonne-per-day mill, a 50-person camp, and all-weather road access.
Demonstrating solid resource expansion potential at Steller, assays received to date from Blue Jay's maiden 2026 drill program include:
Hole 3 (Rainbow Zone): 14.0 meters of 6.15 g/t Au and 124 g/t Ag, including 10.5 meters of 7.84 g/t Au and 154 g/t Ag.
That highlight intercept extends mineralization approximately 32 meters down-plunge from a 2021 hole, demonstrating continuity in a zone that remains open along strike and at depth. Additional gold-silver drill assays from Steller remain pending.
Blue Jay Gold CEO Geordie Mark — whom you’ll hear from next in our exclusive video interview from the Beaver Creek Precious Metals Summit — commented via press release:
“Most exploration programs start with a blank map. Steller handed us one already partly drawn, aided by historical drilling, 7.5 kilometers of underground development, and a high-grade resource in the ground. ... Every meter we scan turns rock we already own into data we can use to refine targets.”
To that end, Blue Jay has already put 18,000 meters of historical core through the scanner system to produce detailed mineralogical and geochemical data for future target delineation and refinement.
Beyond Steller, Blue Jay is advancing three earlier-stage gold projects — Pichette, Oakes, and Duc — covering approximately 80 sq km in northwestern Ontario’s prolific Beardmore-Geraldton and Wawa greenstone belts.
With the focus squarely on Steller, our own Gerardo Del Real of Junior Resource Monthly caught up with Blue Jay Gold CEO Geordie Mark at the Beaver Creek Precious Metals Summit to go over the latest drill results, emerging antimony opportunity, and district-scale potential at the flagship project. Please enjoy!
For additional information on Vancouver-based Blue Jay Gold Corp., please call 604-235-4059 or use the email form here.
Visit the Blue Jay Gold corporate website and sign up to receive updates directly from the company here. View the most recent Corporate Presentation.
Yours in profits,
Mike Fagan
Editor, Resource Stock Digest
Click here to see more from Blue Jay Gold
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