Blue Lagoon Resources Inc. 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 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 [...]
Blue Lagoon Resources Inc. is pleased to announce completion of the field phase of airborne geophysical surveys over its Dome Mountain Gold Project, located a short 50-minute drive from the town of Smithers B.C. These surveys, which were flown by Precision GeoSurveys Inc. of Canada, provide the Company with detailed low altitude Magnetic, Electromagnetic and Radiometric data, and were completed in two different phases [...]
Blue Lagoon Resources Inc. is pleased to provide the following update on its Dome Mountain Gold Mine Project, an all year accessible property located a short 50-minute drive from the town of Smithers B.C. DRILLING Core drilling of the previously announced 3,000-meter work program which was designed to focus on upgrading a significant portion of the inferred mineral resource to the indicated category, is now complete and [...]
Blue Lagoon Resources Inc. is pleased to announce that, in addition to its ongoing current drill program, the Company has started work on the amendments required pursuant to its mining permit on its Dome Mountain Gold Project . Dome Mountain, an all year road-accessible project located a short 50-minute drive from Smithers B.C., holds both an Environmental Management Act Permit and a Mining Permit providing for up to [...]
Blue Lagoon Resources Inc. announces that, as a result of a review by the British Columbia Securities Commission the Company is issuing the following news release to clarify its technical disclosure with respect to the independently prepared technical report titled "Preliminary Economic Assessment Dome Mountain Mine British Columbia, Canada" dated July 13, 2020 . The BCSC staff have informed the Company that it has [...]
Blue Lagoon Resources Inc. is pleased to provide the following update on its Dome Mountain Gold Project, an all year accessible property located 50-minute drive from Smithers BC. Core drilling of the previously announced 3,000-meter work program designed to focus on upgrading a significant portion of the inferred mineral resource to the indicated mineral resource category, is now more than half complete. As previously [...]
Blue Lagoon Resources Inc. is pleased to announce that it has completed a private placement of 21,496,301 units at a price of $0.35 per Unit for aggregate gross proceeds to the Company of $7,523,706. Each Unit is comprised of one common share of the Company and one-half of one common share purchase warrant. Each whole warrant is exercisable into one common share of the Company at an exercise price of $0.50 per share for a [...]
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 [...]