Blue Lagoon Resources Inc.: Blue Lagoon Adds Second Drill Rig; Releases First Rock Sample Numbers From Its Fall Prospecting Program
Sample 74501
Sample 74502
Sample 74503
Sample 74505
Sample 74506
Sample 74507
PHASE ONE DRILLING
The first drill rig is located on the Noranda 1 pad which drilled hole DM-20-139 during the recently completed 2020 drill program and hit
17.69 g/t Au and 70.40 g/t Ag (including 0.65 meters running 48.4 g/t Au and 95 g/t Ag)
over 3.13 meters at a downhole depth of 338 meters. This hole was a vertical hole. The current drilling from this pad will drill at -60, -70- and -80-degrees inclination to follow the high-grade gold mineralization in the Boulder Vein up to the recently defined gold resource lower limit. Close spaced drilling will allow for this mineralization to be included in a resource category when the next 43-101 resource is completed. Once this drilling from the Noranda 1 pad is completed, this rig will move south and target deeper mi
Letter From the President & CEO of Blue Lagoon Resources
VANCOUVER, BC / ACCESSWIRE / December 14, 2020 / Letter From the President & CEO of Blue Lagoon Resources (OTCQB:BLAGF)(FSE:7BL)(CSE:BLLG):
Dear Shareholders and Investors,
Those of you who know me personally, know that most of my 35 plus years in business have been in private family businesses. In 2010, at the invitation of a very successful venture capitalist, who had made most of his initial fortune in mining, I decided to jump into the public markets and began an unexpectedly difficult journey that caused immense financial losses and nearly broke my spirit.
Why? Because shortly after starting, like a good disciple, I invested seven figures alongside my newfound mentor only to witness the total collapse of the mining sector and along with it, the vanishing of all my investments. Welcome to the wild and crazy ride of entrepreneurship.
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