Blue Lagoon Resources Inc. is pleased to announce that the planned Phase One drilling program has started on the Company's Dome Mountain Gold Project located a 50 minute drive from 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 production annually and 15 known high grade gold veins identified, with a significant portion of [...]
Blue Lagoon Resources Inc. ; ; is pleased to announce that it has engaged Canaccord Genuity as its financial advisors to assist the Company in identifying and evaluating strategic options and proposals to help finance and grow the Company with a view to maximize shareholder value. "Canaccord Genuity has a long successful history and track record in working with junior mining companies and is currently one of the top [...]
Blue Lagoon Resources Inc. is pleased to announce that it has initiated mobilization for its planned Phase One drilling program at the Company's Dome Mountain Gold 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 production annually plus a long term Milling and Mining [...]
Blue Lagoon Resources Inc. is pleased to announce that it has filed a technical report for the preliminary economic assessment on the Company's Dome Mountain Gold Mine Project entitled "Preliminary Economic Assessment Dome Mountain Mine, British Columbia, Canada" dated July 13, 2020. The technical report was prepared pursuant to the form required under National Instrument 43-101 by Roughstock Mining Services of Bozeman [...]
Blue Lagoon Resources Inc. is pleased to provide an update on its 2020 activities to date and outline of its plans moving forward. "Since its first trading day of July 4, 2019, management's focus has lead Blue Lagoon from being a newly listed junior mining exploration company to one that completed two major financings - $1.1 million at $1.00 per share and $1.0 million at $1.50 per share; acquired a very promising high [...]
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 [...]