Blue Lagoon Resources Inc. is pleased to provide the following drilling update on its Dome Mountain Gold Project, an all-year accessible property located a short 50-minute drive from Smithers BC., which holds both an Environmental Management Act Permit and a Mining Permit providing for up to 75,000 tonnes production annually. The first Phase of the Company's 20,000-meter planned 2021 drilling program has now been [...]
Blue Lagoon Resources Inc. is pleased to provide the following drilling update on its Dome Mountain Gold Project, an all-year accessible property located a short 50-minute drive from Smithers BC., which holds both an Environmental Management Act Permit and a Mining Permit providing for up to 75,000 tonnes production annually. The results below are part of a 20,000-meter diamond drill program, the largest ever conducted on [...]
Blue Lagoon Resources Inc. is pleased to announce the completion of its water treatment plant and to provide an update on work completed to date during the first quarter of 2021 on its Dome Mountain Gold Project, an all-year accessible property located a short 50-minute drive from Smithers BC., which holds both an Environmental Management Act Permit and a Mining Permit providing for up to 75,000 tonnes production [...]
Blue Lagoon Resources Inc. is pleased to announce the results from its prospecting and soil sampling program completed on its Dome Mountain Gold Project - an all-year-round accessible property located a short 50-minute drive from Smither B.C. The Company's 2020 soil sampling program resulted in identifying strong anomalous gold in soils zones which will be the focus of immediate follow-up during this spring / summer [...]
Blue Lagoon Resources Inc. is pleased to announce that its President & CEO, Mr. Rana Vig, has added 1 million shares to his holdings of Blue Lagoon, bringing his total to 3,264,268 shares, representing approximately 4.5% of the Company's total issued and outstanding common shares. "As gold pulls back and some investors with short term horizons panic and begin to exit the sector, I am more excited than ever to increase my [...]
Blue Lagoon Resources Inc. is pleased to announce, both, the results from its fall prospecting program, and the addition of a second drill rig to its 20,000 Meter drill program currently underway on its Dome Mountain Gold project - an all-year-round accessible property located a short 50 minute drive from Smither B.C. "With nearly $6 million in treasury and no debt, our exploration team is laser focused on rapidly moving [...]
Blue Lagoon Resources Inc. is pleased to announce that it has mobilized its crew and drill rig to commence its 2021 drill program, which is expected to be a minimum of 20,000 meters of diamond drilling on its all-year-round road accessible Dome Mountain Gold Project, located a short 50 minute drive from Smithers, British Columbia. As part of the Company's larger planned exploration and development program, Phase One [...]
Blue Lagoon Resources Inc. ; ; is pleased to report that recently completed drilling on the Company's Dome Mountain Gold Project, shows potential to increase the extent of the known gold mineralization down dip from the current extent of the known resource based on deep mineralization encountered in hole DM-20-139 and, along strike to the east based on high grade gold intercepts in hole DM-20-114 . "The recently completed [...]
Blue Lagoon Resources Inc. is pleased to announce that it has filed an updated technical report on the Company's Dome Mountain Gold Mine Project entitled "NI 43-101 Technical Report, Dome Mountain Mine, British Columbia, Canada" dated December 21, 2020". The Technical Report was prepared pursuant to the form required under National Instrument 43-101 by Roughstock Mining Services LLC. The report is available at [...]
Letter From the President & CEO of Blue Lagoon Resources : Dear Shareholders and Investors, Those of you who know me personally, know that most of my 35 plus years in business have been in private family businesses. In 2010, at the invitation of a very successful venture capitalist, who had made most of his initial fortune in mining, I decided to jump into the public markets and began an unexpectedly difficult journey [...]
Blue Lagoon Resources Inc. is pleased to provide the following update on its Dome Mountain Gold Project, an all year accessible property located a short 50-minute drive from Smithers BC. The results within this release are part of the previously announced 3,700 meter work program at the Dome Mountain Gold Project that was designed to increase confidence in, and expand on, the known gold bearing mineralization by infill [...]
Blue Lagoon Resources Inc. is pleased to announce it has closed its previously announced private placement offering of 2,202,000 units at a price of $1.00 per Unit and 148,352 common shares at a price of $0.91 per share for aggregate gross proceeds to the Company of $2,337,000. Each Unit is comprised of one flow-through common share of the Company and one-half of one common share purchase warrant. Each whole warrant is [...]