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Blue Lagoon 2023 Phase 1 Drilling Results - DM-23-289 Adds 350 Meters of Strike Length to Boulder Vein
VANCOUVER, BC / ACCESSWIRE / May 10, 2023 / Blue Lagoon Resources Inc. (the "Company") (CSE:BLLG...
About this update from Blue Lagoon Resources Inc
[{"type":"text","content":"Blue Lagoon 2023 Phase 1 Drilling Results - DM-23-289 Adds 350 Meters of Strike Length to Boulder VeinVANCOUVER, BC / ACCESSWIRE / May 10, 2023 / Blue Lagoon Resources Inc. (the \"Company\") (CSE:BLLG)(FSE:7BL)(OTCQB:BLAGF) is pleased to announce final results from the 2023 Phase I drilling program on its year-round, road accessible, Dome Mountain Gold Project, located a short 50-minute drive from Smithers, British Columbia.A total of 2909 meters of NQ diamond drilling was completed in ten (10) drill holes during the Phase 1 2023 campaign. Two of the ten holes were abandoned due to technical issues well before target depth and subsequently redrilled (Table 1). The first of these ten holes was focused on undercutting and following up on a significant intersection discovered during the 2022 drill program in drill hole DM-22-273 (see press release January 16, 2023). This intersection consisted of a wide zone of mineralized breccia and quartz-carbonate sulphide veining was intersected grading 5.49 g/t Au, 80.9 g/t Ag and 1.21% Cu over 16.55 meters (291.45 to 308.00m), including 11.02 g/t Au, 115.8 g/t Ag and 2.31% Cu over 5.65 meters (202.35 to 308.00m). This intersection was interpreted to represent the eastern extension of the Boulder Main vein.Follow-up drilling this year set up on the same drill pad as hole DM-22-273 and targeted strike and dip extents at approximately 50 metres centers (Figure 1).Table 1: Drill hole collar specificationsHole IDLocation (UTM Zone 9 North)Total Depth (m)OrientationEastingNorthingElevationAzimuthDipDM-23-285(Abandoned and redrilled as 285A)6535526068474129343.00350-58DM-23-285A65355260684741293581.00350-58DM-23-28665355260684741293362.70338-46DM-23-28765355260684741293359.00338-59DM-23-28865355260684741293358.505-47DM-23-28965355260684741293367.703-57DM-23-290(Abandoned and redrilled as 290A)6535526068474129361.6013-46DM-23-290A65355260684741293316.2016.4-46DM-23-29165340360686791300205.606-50DM-23-29265340360686791300253.5067-45 Figure 1Table 2: Selected significant intersections, Boulder Main, eastern extensionHole IDIntersection (m)GradeFromToLengthAu (g/t)Ag (g/t)Cu (%)DM-23-285A331.05331.470.4244.20136.00.524 491.00492.001.001.3112.10.059 503.00511.008.001.808.40.050incl504.60507.342.744.2518.70.095 541.00543.002.001.757.60.060 546.00548.952.952.3910.80.057DM-23-286330.00331.001.006.0283.70.3...