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Blue Lagoon Encounters 11.02 gpt Au and 2.31% Cu Over 5.65 Meters within 5.49 gpt Au and 1.21% Cu Over 16.55 Meters in a Major Step-Out Hole On the Boulder Vein
This intercept adds 250 meters of strike length to a previous deep intercept that is 200 meters b...
About this update from Blue Lagoon Resources Inc
[{"type":"text","content":"Blue Lagoon Encounters 11.02 gpt Au and 2.31% Cu Over 5.65 Meters within 5.49 gpt Au and 1.21% Cu Over 16.55 Meters in a Major Step-Out Hole On the Boulder VeinThis intercept adds 250 meters of strike length to a previous deep intercept that is 200 meters below current resourceThe vein system appears to become Au-Cu-rich to the east and at depthVANCOUVER, BC / ACCESSWIRE / January 16, 2023 / Blue Lagoon Resources Inc. (the \"Company\") (CSE:BLLG)(FSE:7BL)(OTCQB:BLAGF) is pleased to announce significant mineralized intercepts from the last of the 2022 Phase Two drill holes on its all year-round and road accessible Dome Mountain Gold Project, located a short 50-minute drive from Smithers, British Columbia. Drill results from diamond drill hole DM-22-273, a major step-out hole, include:11.02 g/t Au, 115.8 g/t Ag and 2.31% Cu over 5.65 meters within5.49 g/t Au, 80.9 g/t Ag and 1.21% Cu over 16.55 meters from the Boulder Vein.Hole DM-22-273 is an aggressive step-out hole that tested continuation of mineralization in the Boulder Vein 200 meters below surface and 250 meters along strike to the east of previous deep intercepts (DM-22-229, -231) (Figure 2). The altered and mineralized intercept, encountered at a down hole depth of approximately 285 meters depth and persisting over 25 meters, is interpreted to be the structural zone hosting the Boulder Vein. The most recent modelling (2021) of the Boulder Vein did not extend this far east.Significant mineralization within this zone extended over 16.55 meters returning 5.49 g/t Au, 80.9 g/t Ag and 1.21% Cu beginning at 291.45 meters and included a higher grade subinterval of 5.65 meters returning 11.02 gpt Au, 115.8 gpt Ag and 2.31% Cu beginning at 302.35 meters. The former intercept is the thickest mineralized core intercept across the Boulder Vein out of over 40,000 meters of previous drilling. True width of the intercept has yet to be fully confirmed but is estimated at approximately 75% of core length, or 12.41 meters wide.\"The high-grade gold intercept in hole DM-22-273 is one of the best Blue Lagoon has encountered on the Boulder Vein System to date,\" said Bill Cronk, Chief Geologist for Blue Lagoon. \"The thickness of this mineralized zone, approximately 12.41 meters true width, is a game changer for us. At least an additional 250 meters of strike length is demonstrated by this in...