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. 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 [...]
Blue Lagoon Resources Inc. is pleased to announce it has closed its previously announced private placement offering of 2,202,000 units at a price of $1.00 per Unit and 148,352 common shares at a price of $0.91 per share for aggregate gross proceeds to the Company of $2,337,000. Each Unit is comprised of one flow-through common share of the Company and one-half of one common share purchase warrant. Each whole warrant is [...]
Blue Lagoon Resources Inc. announces a private placement offering of 2,202,000 flow-through units at a price of $1.00 per Unit and 148,352 common shares at a price of $0.91 per share for aggregate gross proceeds to the Company of $2,337,000. Each Unit is comprised of one flow-through common share of the Company and one-half of one common share purchase warrant. Each whole warrant is exercisable into one common share of [...]
Blue Lagoon Resources Inc. is pleased to announce that after careful analysis of the data received from its recently flown airborne geophysical survey, the Company has significantly expanded its land package by staking an additional 7,646 hectares, thereby nearly doubling its previous land position to 18,934.55 hectares . The Dome Mountain Gold Project, an all year accessible property located a short 50-minute drive from [...]
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 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 [...]
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