Business
Blue Lagoon Resources Hits 53.76 g/t Gold Over 2.2 Meters Including 83 g/t Gold Over 1.13 Meters and Hits 17.69 g/t Gold Over 3.13 Meters
VANCOUVER, BC / ACCESSWIRE / December 9, 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 / December 9, 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. 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 increase confidence in, and expand on, the known gold bearing mineralization 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. The high-grade intercept of 17.69 g/t Au and 70.41 g/t Ag from a depth of 335.47 meters to 338.6 meters in hole DM-20-139 is the deepest intercept yet on the Boulder Vein and confirms that the Boulder Vein remains in place and mineralized at depth. Our next drilling program scheduled to begin January 11, 2021 will once again target this vein at deeper levels to test ‘proof of concept' that the gold bearing mineralization at Boulder Vein goes much deeper than what the historical drilling has outlined.\" Highlights as follows: DM-20-135 53.76 g/t Au and 22.7 g/t Ag over 2.2 metersincluding 83 g/t Au and 12 g/t Ag over 1.13 meters DM-20-139 17.69 g/t Au and 70.40 g/t Ag over 3.13 meters including48 g/t Au and 95 g/t Ag over 0.65 meters and 36 g/t Au and117 g/t Ag over 0.33 meters DM-20-138 12.8 g/t Au and 40 g/t Ag over 0.85 meters DM-20-138 21.2 g/t Au and 72 g/t Ag over 0.53 meters Holes DM-20-133 through DM-20-138 targeted known mineralization and show strong grade intercepts. These holes were all drilled from the same collar at differing azimuth and inclination. Hole DM-20-139 was a single hole drilled vertical to test for depth extension of the Boulder Vein (figure 1). The Boulder Vein was intercepted in this hole at a depth of 335 meters and constitutes the deepest intercept yet of the Boulder Vein in this and all historic drilling programs to date. Figure 1 TABLE 1 Hole ID From To Interval Au (g/t) Ag (g/t) DM-20-134 93.77 94.18 0.41 33.00 86.00 DM-20-134 101.40 102.11 0.71 10.60 63.00 DM-20-135 79.70 81.90 2.20 ...