Blue Lagoon Resources Inc · CSE:BLLG
Blue Lagoon Resources — Investor Presentation (October 2020)
25 slides from Blue Lagoon Resources's investor presentation, October 2020
Slide 1: Unlocking Shareholder Value with a High Quality Project Portfolio
CSE: BLLG OTC: BLAGF FSE: 7BL Oct 2020 Unlocking Shareholder Value with a High Quality Project Portfolio
Slide 2: Company Disclaimer
Company Disclaimer Certain statements contained in this presentation constitute “forward-looking statements” within the meaning of applicable Canadian securities legislation. Such forward-looking statements herein may include but are not limited to: strategic plans and expectations for the developme
Slide 3: Blue Lagoon Resources…
Blue Lagoon Resources… 15 known High Grade Gold Veins 20 Km of Geological Strike PLUS A 75,000 tonnes / year Permitted Gold Mine * in British Columbia, Canada *Mining Permit & Environmental Management Act Permit for 75,00 t/yr subject to completion of permit conditions which is ongoing. No productio
Slide 4: Why Blue Lagoon Resources…
Why Blue Lagoon Resources… DOME MOUNTAIN MINE The Dome Mountain Gold Mine site MANAGEMENT has seen $28M spent by Gavin Mines (last 12 years) and $40M previously COMPANY Solid Management GOLD spent by Timmins and Noranda for with 100+ years of mine permitting, infrastructure Young dynamic experience
Slide 5: Corporate Structure (Three Acquisitions in 10 Months)
Corporate Structure (Three Acquisitions in 10 months) • In March 2020, Blue Lagoon via an all-shares transaction, completed BLUE LAGOON the acquisition of Metal Mountain RESOURCES Resources Inc, controlling 78.28% INC. (CSE: BLLG) of the historic Dome Mountain Gold Mine and 100% of the promising Big
Slide 6: Capital Structure
Capital Structure (as of Oct 2020) Shares Issued & Outstanding 69,500,347 Cash on Hand C$ 6,000,000 Options 3,437,500 Debt < $200,000* Warrants 10,742,857 Share Price C$ 0.90 Shares Fully Diluted 83,680,704 Capitalization C$ 62.5 million In The Money Options 2,297,500 $817,900 In The Money Warrants
Slide 7: Management & Directors
Management & Directors 30 plus years of business experience . Past President & CEO of Musgrove Minerals (Cu, Au) and Continental Precious Minerals (Uranium). In 2018 became the CEO of Lead Ventures and oversaw and executed on the RANA VIG acquisition and $5 billion plus reverse takeover of Curaleaf
Slide 8: Projects Location
Projects Location All four projects are located close to major highway infrastructure and within famous and Dome Mountain well-established metallogenic, mining districts of Gold Mine BRITISH COLUMBIA, CANADA, one of the best exploration and mining jurisdictions in the world. Golden Wonder Project Bi
Slide 9: Why Gold, Why Now…
Why Gold, Why Now… Safety Heaven in Risky Times Debt to GDP Ratio During market volatility, gold is the counter-balance The global debt “balloon” grows bigger and to most other paper or digital investments !! bigger! Several countries ability to pay back their debt has become questionable. No Face o
Slide 10: The Dome Mountain Gold Mine - Fact Sheet
The Dome Mountain Gold Mine - Fact Sheet • Located 60 km E of Smithers B.C. & only 50 Minutes drive to site • Year-round forest service road access. • Titles cover 11,288 hectares. • 20 km of productive geological strike. • Permits issued by BC Government: Mining Permit & Environmental Management Ac
Slide 11: The Dome Mountain Property - Risk Assessment: Low
The Dome Mountain Property - Risk Assessment: Low Risk Parameter High Risk Moderate Risk Low Risk Remarks Geology, Deposit Type, Size Potential (20 Km strike) - - Right geology & deposit type. Needs Drilling to keep adding - - ounces – 15 veins to be drilled Gold grade is high. Very Grade, Vein Thic
Slide 12: The Dome Mountain Property – Titles & Regional Geology
The Dome Mountain Property – Titles & Regional Geology 10 km • Titles cover 11,288 hectares • 20 km of productive geological strike • High-grade gold/silver orogenic/mesothermal type gold deposit • 90% of the Property is unexplored to date! • Boulder Vein system has seen most exploration to date.
Slide 13: The Dome Mountain Gold Mine Project – Part I
The Dome Mountain Gold Mine Project – Part I Summary Geology • All of the veins within the Dome Mountain Gold camp are mesothermal quartz-carbonate-sulphide veins, hosted by volcanoclastic rocks; all are of an orogenic disposition. • The veins occur within a sub-vertical deformation zone, averaging
Slide 14: The Dome Mountain Gold Mine Project – Part II
The Dome Mountain Gold Mine Project – Part II The ”blue-sky” potential on the Property 651000 m 652000 m 653000 m 654000 m 6072000 m 6072000 m lJN4 • The main Boulder vein system PLUS 15 high-grade already 6071000 m 6071000 m identified veins – 20 km of strike length. Ptarmigan lJT3 Eagle lJT2 • Pot
Slide 15: Phase I Drilling commenced in July 2020
The Dome Mountain Gold Mine Phase I Drilling commenced in July 2020 Phase I (in progress) Drilling Program is 2,800 meters over 22 holes with an objective of moving at least 1/3 of the Inferred Gold Ounces into the Indicated category Figure on the left shows recent and historic drilling extends the
Slide 16: The Dome Mountain Gold Mine Project – Part III
The Dome Mountain Gold Mine Project – Part III The ”blue-sky” potential in the Property A Small sample of examples from a deep wealth of available historical geological information • Freegold Vein: Documented and historic underground mapping and sampling shows highly anomalous gold values including:
Slide 17: Planning Significant Coverage with Geophysics and Geochemistry
The Dome Mountain Gold Mine Planning Significant coverage with Geophysics and Geochemistry (next 12 months) • Airborne Magnetics, EM & Radiometrics over a grid to cover the all the titles (planned for 2020 fall). • Selected target areas and other priority identified veins to be followed with ground
Slide 18: The Dome Mountain Gold Mine Project
The Dome Mountain Gold Mine Project Summary Mining & Detailed Facts from Historical Reports • Underground mining was initiated in August 1991 by Timmins Nickel Inc. and ceased in May 1993 due to financial problems. 2016 saw another round of mining and stockpile material trucked to Nicola’s processin
Slide 19: The Dome Mountain Gold Mine Project (Milling Agreement – Metallurgy)
The Dome Mountain Gold Mine Project (Milling Agreement – Metallurgy) • Milling and Profit Share Agreement between Gavin Mines and Nicola Mining exists since May 2016. • Nicola controls a fully permitted gold and silver modern mill processing facility at Merritt, BC (to produce gravity and flotation
Slide 20: The Dome Mountain Gold Mine Project Our Immediate Goals
The Dome Mountain Gold Mine Project Our Immediate Goals NI43-101 Compliant Technical Reporting File compliant reporting by Independent QP on geology and historical mining info. Mining & Environmental Permits Update minor existing deficiencies and conclude validation of existing Mining & Environmenta
Slide 21: The Dome Mountain Gold Mine – Photos
The Dome Mountain Gold Mine – Photos
Slide 22: The Pellaire Gold Project – Fact Sheet
The Pellaire Gold Project – Fact Sheet • A NI 43-101 technical report (DEC 2019, JDS). • 10 mineralized gold and silver bearing quartz veins identified. • Strike lengths vary from 100 to 300 meters; thickness varies from 0.3 to 7.7 meters. • Considerable quantity of stockpiled mineralized rock on su
Slide 23: The Big Onion Porphyry Copper Project – Fact Sheet
The Big Onion Porphyry Copper Project – Fact Sheet • Located 16 km East of Smithers, B.C. and only 30 minutes drive to site. • Copper/Molybdenum porphyry system. • Historical NI43-101 report (2010, Giroux Consultants Ltd) after completion of 21,523 meter drill program. • The historical NI43-101 reso
Slide 24: Business Plan & Long Term Strategy
Business Plan & Long Term Strategy BLUE-SKY POTENTIAL FREE CASH FLOW FROM THE BUILD UP PORTFOLIO OF DOME MOUNTAIN GOLD MINE OUNCES Develop the Dome Mountain Mining Unlock the “blue-sky” potential of so Operation… Become an independent many underexplored veins at the Dome gold producer (Au, Ag dore)
Slide 25: THANK YOU - CONTACT US
THANK YOU - CONTACT US 636 - 666 Burrard St. info@bluelagoonresources.com Vancouver, BC, V6C 3P6 Canada +1 604 218-4766 www.bluelagoonresources.com
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