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Blue Lagoon Resources Announces Results Of 2022 Soils Sampling Program – Identifies New Zones for Priority Follow Up In 2023

VANCOUVER, BC / ACCESSWIRE / December 12, 2022 / Blue Lagoon Resources Inc. (the "Company") (CSE:BLLG) (FSE:7BL) (OTCQB:BLAGF) is pleased to announce the result

articleBlue Lagoon Resources IncDecember 12, 20225/company/blue-lagoon-resources-inc/news/blue-lagoon-resources-announces-results-of-2022-soils-sampling-program-identifies-new-zones-for-priority-follow-up-in-2023
Blue Lagoon Resources Announces Results Of 2022 Soils Sampling Program – Identifies New Zones for Priority Follow Up In 2023

About this update from Blue Lagoon Resources Inc

[{"type":"text","content":" VANCOUVER, BC / ACCESSWIRE / December 12, 2022 / Blue Lagoon Resources Inc. (the \"Company\") (CSE:BLLG) (FSE:7BL) (OTCQB:BLAGF) is pleased to announce the results from its 2022 soil sampling program completed on its Dome Mountain Gold Project - an all-year-round accessible property located a short 50-minute drive from Smithers, BC. The Company's 2022 soil sampling program has resulted in the identification of priority target areas for follow-up in 2023. The summer program consisted of collecting 2,175 samples covering new areas and infilling from previous campaigns (Figure 1). To date, 6,394 soil samples have been collected since the Company acquired the Dome Mountain gold project in 2020 (excluding quality control samples). Most samples were collected at 25- or 50-metre stations along lines spaced 200 meters apart. Anomalous pathfinder elements associated with the high gold values at Boulder Vein include antimony, zinc, lead, and silver. Noranda first drilled the Boulder Vein system at Dome Mountain in 1985 based on zinc-in-soil anomalies. After more than 45,000 meters of core drilling on the Boulder Vein, zinc is considered the premier pathfinder element at Dome Mountain due to its correlation with drill core samples containing high grade gold. However, given a larger database, cadmium may be a better pathfinder in soils for targeting drill holes (Figures 2 and 3). Figure 4 is an uncluttered map showing the importance of discreet Cd anomalies relative to know gold mineralization. Zinc has a high correlation with drilled gold but the zinc-in-soil response results in broader, less defined targets when compared with Cadmium (Cd). Figure 2 shows Cd anomalies and Au in soils. Here we see discreet Cd anomalies that support already drilled anomalous gold and gives us clear targets for follow-up in 2023. The large gold-in-soil anomaly in the lower right of the figures is at least partially due to alluvial deposition from Federal Creek. There is, however, a small coincident cadmium anomaly south of the creek which will require follow-up exploration. Follow-up targets have been generated for the 2023 summer field season (figure 8). Figure 1. Map showing soil samples collected on the Dome Mountain Project showing samples collected in 2020 (green), 2021 (Yellow) and 2022 (red) Figure 2. Cadmium with gold in soils Dome Mountain Gold Proj...

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