Blue Lagoon Resources Inc. is pleased to announce a mineral resource and a positive preliminary economic assessment for the company's Dome Mountain Mine gold deposit, located a short 50 minute drive from the town of Smithers, B.C. The PEA was completed by Roughstock Mining Services of Bozeman, Montana. The Dome Mountain Gold Mine Project currently holds a Mining Permit and Environmental Management Act Permit providing for [...]
Blue Lagoon Resources Inc. is pleased to announce that it has started the process to form a strategic advisory board to advise and consult with the Company's board of directors and its senior management. The Company has appointed Yannis Tsitos as the initial member of the advisory board. Mr. Tsitos will be a valuable addition to the team and will greatly assist Blue Lagoon in realizing its vision and future goals. To [...]
Blue Lagoon Resources Inc. is pleased to provide shareholders and investors further information on the exploration potential on its high-grade gold property - the Dome Mountain Gold Mine Project , located a short 50 minute drive from the town of Smithers, in northwestern British Columbia. The Property consists of 41contiguous claims and one mining lease and offers a near term opportunity to drill already defined high [...]
Blue Lagoon Resources Inc. is pleased to announce that it is planning to move forward with a Phase One program at the Company's Dome Mountain Gold Mine Project located a short 50-minute drive from the town of Smithers B.C. The Dome Mountain Gold Mine Project holds a Mining Permit and Environmental Management Act Permit providing for up to 75,000 tonnes annually plus a long term Milling and Mining Profit Share Agreement [...]
Blue Lagoon Resources Inc. is pleased to announce that it has initiated a Preliminary Economic Assessment for its Dome Mountain Gold Mine Project which holds a 75,000 tonne per year mine permit. In addition, the Company holds a long term Milling and Mining Profit Share Agreement with Nicola Mining Inc., which operates a modern mill facility located near Merritt, BC. Under the terms of the Agreement, Nicola will process [...]
Blue Lagoon Resources Inc. would like to inform shareholders and key stakeholders that it has not experienced any disruptions at this time on its various stages of planning with regards to moving its Dome Mountain Gold Mine project forward. The Company is currently engaged in several discussions and activities, including dialogue with all key suppliers and contractors that are essential to sustaining a positive momentum [...]
Blue Lagoon Resources Inc. is pleased to announce that it has completed the acquisition of Metal Mountain Resources Inc. in exchange for 12,151,220 common shares of the Company. Concurrently with the Transaction, Blue Lagoon issued 1,372,000 common shares of the Company to acquire 27.44% of Gavin Mines Inc. Following the transactions, the Company will hold, through its ownership of Metal Mountain, a 78.28% interest in [...]
Blue Lagoon Resources Inc. is pleased to announce that shareholders of Metal Mountain Resources Inc. approved the business combination with Blue Lagoon, with 99.97% of shares represented at the meeting voting in favour of the transaction. Blue Lagoon and Metal Mountain will now proceed with the final steps required to close the transaction, which is currently scheduled to be completed on or before March 27, 2020. Pursuant [...]
Blue Lagoon Resources Inc. is pleased to announce that the Company has entered into a definitive business combination agreement dated March 9, 2020 with Metal Mountain Resources Inc. to acquire Metal Mountain in exchange for approximately 12.15 million common shares of the Company . Metal Mountain holds a 50.84% interest in Gavin Mines Inc. , which holds a 100% interest in the Dome Mountain mine, and 100% of Lloyd [...]
Blue Lagoon Resources Inc. is pleased to report that as part of the Company's due diligence, Rana Vig, Blue Lagoon's President & CEO along with the Company's chief geologist, Bill Cronk, visited with Metal Mountain's senior management and went on an extensive site visit at the Dome Mountain mine site during the week of February 23, 2020 and had the following comments about the project. Blue Lagoon's President & CEO Rana [...]
Blue Lagoon Resources Inc. provides additional technical information regarding the mineral projects of Metal Mountain Resources Inc. The Company previously announced on February 27 that it had entered into a binding letter agreement to acquire 100% of the outstanding shares of Metal Mountain, a private British Columbia company. Metal Mountain holds a 50.84% interest in Gavin Mines Inc. which in turn holds a 100% interest [...]
Blue Lagoon Resources Inc. is pleased to announce the Company and Metal Mountain Resources Inc., a private BC Company, have replaced the non-binding letter of intent announced on February 25 with a binding letter agreement, for the acquisition by Blue Lagoon of 100% of the outstanding shares of Metal Mountain in exchange for approximately 12.15 million shares of Blue Lagoon. Pursuant to the letter agreement, on closing of [...]
+1400,00 %
-80,00 %
