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Posted On: 03/22/2022 1:44:44 PM
Post# of 53484
$BLAGF Mar 17, 2022 (ACCESSWIRE via COMTEX) -- VANCOUVER, BC / ACCESSWIRE / March 17, 2022 / Blue Lagoon Resources Inc. (the "Company"
(CSE:BLLG)(FSE:7BL)(OTCQB:BLAGF) is pleased to announce that recent assay results from the 2021 Phase Two drill program include new high-grade gold vein intercepts at the Company's 100% owned, year-round accessible, Dome Mountain Gold Project located a short 50-minute drive from Smithers, B.C.
Results from Holes DM-21-188, DM-21-188A and DM-21-200 continue to show that the Chance Structural Zone contains multiple high grade gold bearing veins thus confirming it as a highly prospective target for aggressive follow up drilling in 2022. These holes intercepted sulfide-bearing quartz carbonate veins with strong alteration disseminated sulfide zones in the footwall.
Highlights include:
DM-21-200: 53.60 g/t Au and 55.46 g/t Ag over 0.55 meters within 33.08 g/t Au and 72.30 g/t Ag over 1.40 meters within 22.12 g/t Au and 47.95 g/t Ag over 2.14 meters.
DM-21-188: 49.40 g/t Au and 56.90 g/t Ag over 0.32 meters followed 7.55 meters further down hole by 11.79 g/t Au and 61.50 g/t Ag over 0.47 meters.
(CSE:BLLG)(FSE:7BL)(OTCQB:BLAGF) is pleased to announce that recent assay results from the 2021 Phase Two drill program include new high-grade gold vein intercepts at the Company's 100% owned, year-round accessible, Dome Mountain Gold Project located a short 50-minute drive from Smithers, B.C. Results from Holes DM-21-188, DM-21-188A and DM-21-200 continue to show that the Chance Structural Zone contains multiple high grade gold bearing veins thus confirming it as a highly prospective target for aggressive follow up drilling in 2022. These holes intercepted sulfide-bearing quartz carbonate veins with strong alteration disseminated sulfide zones in the footwall.
Highlights include:
DM-21-200: 53.60 g/t Au and 55.46 g/t Ag over 0.55 meters within 33.08 g/t Au and 72.30 g/t Ag over 1.40 meters within 22.12 g/t Au and 47.95 g/t Ag over 2.14 meters.
DM-21-188: 49.40 g/t Au and 56.90 g/t Ag over 0.32 meters followed 7.55 meters further down hole by 11.79 g/t Au and 61.50 g/t Ag over 0.47 meters.
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