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Blue Lagoon Resources Hits 25.92 g/t Gold and 169.46 g/t Silver Over 4.52 Meters
VANCOUVER, BC / ACCESSWIRE / November 10, 2020 / Blue Lagoon Resources Inc. (the "Company") (CSE:BLLG) (FSE:7BL) (OTCQB:BLAGF) is pleased to provide the followi
About this update from Blue Lagoon Resources Inc
[{"type":"text","content":" VANCOUVER, BC / ACCESSWIRE / November 10, 2020 / Blue Lagoon Resources Inc. (the \"Company\") (CSE:BLLG) (FSE:7BL) (OTCQB:BLAGF) 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., which holds both an Environmental Management Act Permit (EMA) and a Mining Permit providing for up to 75,000 tonnes production annually. 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 focus on upgrading a significant portion of the inferred mineral resource to the indicated category by infill drilling and drilling the upper and eastern margins of the Boulder Vein system on the Dome Mountain Gold Project. Blue Lagoon Resources Chief Geologist, William Cronk said, \"The results from hole DM-20-132 are highly encouraging and continue to highlight the potential for grade and thickness of the Boulder Vein along strike and at depth. We can see now that we cut off holes DM-20-131 and DM-20-133 too early, which were drilled from the same drill pad. This will be remedied during our upcoming 2021 drill program and we look forward to undercutting the significant 4.52 m intercept in hole DM-20-132 and follow it to depth.\" The recent results include assays for holes DM-20-131,132 and 133 (Figure 1). Significant highlights are as follow in Table 1. TABLE 1 Hole ID From To Interval Au (g/t) Ag (g/t) DM-20-131 59.65 60.30 0.65 45.5 243 DM-20-132 24.22 25.64 1.42 27.1 61 DM-20-132 126.83 127.06 0.23 54.4 203 DM-20-132 131.75 132.11 0.36 45.6 555 DM-20-132 132.11 132.67 0.56 0.077 2 DM-20-132 132.67 132.97 0.30 43.7 119 DM-20-132 132.97 133.54 0.57 37.8 373 DM-20-132 133.54 134.60 1.06 39.9 204 DM-20-132 134.60 135.80 1.20 3.754 8 DM-20-132 135.80 136.27 0.47 33.3 40 Select drill hole intercepts from holes DM-20-131 and DM-20-132 DM-20-132 cut a significantly thick intercept from 131.75m to 136.27m that runs 25.92 g/t Au and 169.46 g/t Ag over 4.52 meters. This intercept cuts the vein at a high degree to the core axis and consists of typical Boulder Vein characteristics namely, quartz-carbonate and semi-massive to massive sulphide dominated by pyrite with lesser sphalerite, chalcopyrite and galena. Locally, chalcopyrite is greater than pyrite. This hole is one...