| Announcement Date: | 2022-02-07 |
|---|---|
| Announcement Type: | Drilling Results |
| Announcement Code: | NI43-101 |
| Company name: | Blue Lagoon Resources Inc. |
| Project name: | Dome Mountain |
| Location: | Canada |
| Commodities: | Gold,Silver |
| Highlight: | Drilling results incl. 7.31m @ 14.8g/t Au, 38.3g/t Ag from 381.2m |
| Resources: | only available to subscribers |
| CP/QP: | only available to subscribers |
| Announcement summary: | February 7, 2022 – Vancouver, British Columbia – Blue Lagoon Resources Inc. (the “Company”) (CSE: BLLG; FSE: 7BL; OTCQB: BLAGF) is pleased to announce that recent drilling has encountered new, high-grade vein intercepts at the Company’s 100% owned, year-round accessible, Dome Mountain Gold Project located a short 50-minute drive from Smithers, B.C. Hole DM-21-224 was drilled from the most southern pad in the newly discovered Chance Structural Corridor (see news release Dec 7, 2021) and drilled at an Azimuth of 167 Degrees. The target here was the continuation of mineralization seen in the corridor where the structural trend intersected the proposed eastern continuation of the Boulder Vein. The hole encountered a new, high-grade vein running 14.8 g/t Au and 38.3 g/t Ag over 7.3m. A second high-grade vein running 26.9 g/t Au and +100.0 g/t* Ag over 1.04 meters was encountered further down hole. All core analyses in DM-21-224 were completed by Act Labs out of Kamloops B,C. Canada. Core selected for sampling was cut with a core saw in half with one half bagged for shipping. Strict chain of custody storing, and shipping protocol were maintained. Core was crushed, split, and pulverized with 250 grams passing 140 mesh (RX1). Each sample was analyzed by IF2 4-acid digestion ICP with ES finish 1A2-ICP fire assay (30g) with ICP-MS finish, and all Au overlimits >30ppm were analyzed with 1A3 fire assay and gravimetric finish. Standards and Blanks |
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