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Blue Lagoon Resources Hits 34.5 g/t Gold Over 1.53 Meters 41.86 g/t Gold Over 1.32 Meters and 15.02 g/t Gold Over 1.71 Meters
VANCOUVER, BC / ACCESSWIRE / October 21, 2020 / Blue Lagoon Resources Inc. (the "Company") (CSE:BLLG) (FSE:7BL) (OTCQB:BLAGF) is pleased to provide the followin
About this update from Blue Lagoon Resources Inc
[{"type":"text","content":" VANCOUVER, BC / ACCESSWIRE / October 21, 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, \"Results from the phase one drilling program continue to show the high-grade nature of the Boulder Vein system at Dome Mountain. Results to date have continued to correlate strongly with known mineralization while simultaneously identifying promising new areas that are yet to be drill tested.\" The recent results include assays from the end of hole DM-20-116 (initial results reported in a press release dated September 28, 2020), and complete results for holes DM-20-117, 125, 126, and 127 (Figure 1). Highlights as follows: DM-20-116 34.5 g/t Au and 54 g/t Ag over 1.53 meters DM-20-126 41.86 g/t Au and 250.72 g/t Ag over 1.32 meters DM-20-127 15.02 g/t Au and 101.53 g/t Ag over 1.71 meters DM-20-127 20.6 g/t Au and 108 g/t Ag over 1.24 meters DM-20-116 - Results from this hole show a significant intercept in a sulfide bearing quartz vein of 34.5 g/t Au and 54 g/t Ag over 1.53 meters from 80.37m to 81.90m depth. Previously reported select intercepts for this hole include 7.9 g/t Au and 13 g/t Ag over 0.4 meters from a downhole depth of 13.60m to 14.00m, and 6.2 g/t Au and 89 g/t Ag over 0.35 meters from a downhole depth of 15.90m to 16.25m. Sulfides in this vein are Pyrite, Galena, and Sphalerite (Figure 2). DM-20-117 - This hole was designed to define the upper limit of the mineralized system and was drilled in the opposite azimuth of DM-20-116 (figure 1). As no mineralization was intercepted, this hole was not sampled. DM-20-125 - The estimated depth of the Boulder Vein and mineralizato...