- Blue Lagoon Resources (BLLG) has found additional gold-silver-copper mineralization on its Dome Mountain project in British Columbia
- Significant intersections were found along the western strike extension of the Boulder Vein
- High grades of gold and average grades of silver and copper were highlighted in holes DM-22-280 and DM-22-283
- These drill holes were part of a series that specifically tested the Boulder structure beyond a current resource model
- Blue Lagoon Resources (BLLG) is unchanged, trading at $0.28 per share as of 2:08 p.m. EST
Blue Lagoon Resources (BLLG) has found additional gold-silver-copper mineralization on its Dome Mountain project in British Columbia.
The latest mineralization results come from the company’s 2022 phase two drilling program. As a result, significant intersections were found in holes drilled along the western strike extension of the Boulder Vein. High grades of gold as well as average grades of silver and copper, were highlighted in holes DM-22-280 and DM-22-283.
Expanding beyond the current model
These drill holes were part of a series that specifically tested the Boulder structure at depth and along strike to the west beyond Blue Lagoon’s current resource model.
DM-22-280 intersected typical vein material and returned values of 8.68 grams of gold per tonne, 68.4 grams of silver per tonne, and 0.27 per cent copper over 3.55 metres. The defined vein’s orientation appears to be steeper in this area.
Wide veins and altered zones also defined
Moreover, DM-22-283 intersected two wide mineralized veins and strongly altered zones. The hole included a higher-grade core of 7.28 grams of gold per tonne, 60 grams of silver per tonne, and 0.94 per cent copper. over 3.87 meters. The lower zone of this hole also included more gold-silver-copper values and a short interval of massive sulphides.
Blue Lagoon Resources (BLLG) is unchanged, trading at $0.28 per share as of 2:08 p.m. EST.
