from Blue Lagoon Resources Inc. (NASDAQ:BLAGF)
Blue Lagoon Encounters Additional Significant Intersections from Drilling Along Strike West of The Boulder Vein Resource
VANCOUVER, BC / ACCESSWIRE / February 14, 2023 / Blue Lagoon Resources Inc. (the "Company") (CSE:BLLG)(FSE:7BL)(OTCQB:BLAGF) is pleased to announce final results from the 2022 Phase II drilling program on its year-round, road accessible, Dome Mountain Gold Project, located a short 50-minute drive from Smithers, British Columbia.
Significant intersections from drill holes drilled along the western strike extension of the Boulder Vein, include:
- DM-22-280 - 8.68 g/t Au, 68.4 g/t Ag and 0.27% Cu over 3.55 meters including 24.40 g/t Au, 158.0 g.t Ag, 0.50% Cu over 0.60 metres, and,
- DM-22-283 - 7.28 g/t Au, 60.0 g/t Ag and 0.94% Cu over 3.87 meters, including 14.98 g/t Au, 78.5 g/t Ag, 0.53% Cu over 1.40 metres
These drill holes were part of a series of holes to test the Boulder structure at depth (> 200 metres from surface) and along strike to the west beyond the current (2021) resource model.
DM-22-280 intersected typical quartz-carbonate vein material within altered tuffs, mineralized with mainly pyrite and lesser chalcopyrite, sphalerite and galena at a drill depth of 226.00 to 229.55 metres grading 8.68 g/t Au, 68.4 g/t Ag and 0.27% Cu over 3.55 meters including 24.40 g/t Au, 158.0 g.t Ag, 0.50% Cu over 0.60 metres. The vein orientation appears to be steeper in this area - greater than 70° to the south.
DM-22-283 intersected two wide mineralized quartz-carbonate veins and strong clay-sericite altered zones, with the upper zone from 307.00 to 316.00 metres returning 3.69 g/t Au, 28.2 g/t Ag, and 0.43% Cu over 9.00 metres, including a higher grade core of 7.28 g/t Au, 60.0 g/t Ag and 0.94% Cu over 3.87 meters. The lower zone was drilled from 349.30 to 364.45 metres, returning 1.97 g/t Au, 38.5 g/t Ag and 0.39% Cu over 15.15 metres, including 4.30 g/t Au, 80.0 g/t Ag, and 0.79% Cu over 4.27 metres. The lower zone also included a short interval (0.43m) of massive sulphides.
Table 1: Selected significant intersections (>1 g/t Au)
Hole | Intersection (m) | Grade | |||||||
From | To | Length | True Width 1 | Au (g/t) | Ag (g/t) | Cu (%) | Pb (%) | Zn (%) | |
| DM-22-276 | 234.00 | 236.00 | 2.00 | 1.33 | 2.42 | 10.7 | 0.050 | <0.001 | 0.050 |
| DM-22-276 | 242.00 | 244.00 | 2.00 | 1.33 | 1.04 | 5.2 | 0.070 | <0.001 | 0.150 |
| DM-22-277 | 244.90 | 247.00 | 2.10 | 1.84 | 1.92 | 14.6 | 0.090 | 0.230 | 0.370 |
| DM-22-277 | 371.61 | 371.85 | 0.24 | 0.21 | 5.19 | 73.7 | 0.060 | 0.430 | 0.160 |
| DM-22-278 | 6.23 | 6.55 | 0.32 | 0.25 | 7.26 | 87.0 | 0.730 | 0.100 | 0.050 |
| DM-22-278 | 38.45 | 38.75 | 0.30 | 0.23 | 5.10 | 21.5 | 0.170 | 0.010 | 0.110 |
| DM-22-278 | 123.30 | 125.30 | 2.00 | 1.49 | 1.55 | 1.5 | 0.010 | <0.001 | 0.400 |
| DM-22-278 | 321.56 | 322.00 | 0.44 | 0.32 | 1.73 | 96.0 | 0.340 | 0.360 | 0.630 |
| DM-22-280 | 87.66 | 88.11 | 0.45 | 0.41 | 6.94 | 16.5 | 0.270 | 0.000 | 0.010 |
| DM-22-280 | 226.00 | 229.55 | 3.55 | 3.14 | 8.68 | 68.4 | 0.270 | 0.410 | 2.310 |
incl | 226.00 | 226.60 | 0.60 | 0.53 | 24.40 | 158.0 | 0.500 | 0.580 | 4.760 |
incl | 227.09 | 228.37 | 1.28 | 1.13 | 6.31 | 42.1 | 0.170 | 0.160 | 3.010 |
incl | 228.95 | 229.55 | 0.60 | 0.53 | 11.30 | 129.0 | 0.490 | 1.470 | 2.130 |
| DM-22-280 | 332.00 | 334.00 | 2.00 | 1.76 | 1.02 | 0.9 | 0.010 | <0.001 | 0.020 |
| DM-22-281 | 216.00 | 219.00 | 3.00 | 2.20 | 1.35 | 11.7 | 0.100 | <0.001 | 0.530 |
| DM-22-281 | 237.30 | 238.00 | 0.70 | 0.51 | 1.25 | 1.2 | 0.010 | <0.001 | 0.020 |
| DM-22-281 | 323.75 | 323.95 | 0.20 | 0.14 | 4.18 | 291.0 | 3.430 | 0.260 | 0.400 |
| DM-22-282 | 198.25 | 198.84 | 0.59 | 0.51 | 1.11 | 0.4 | 0.000 | <0.001 | 0.010 |
| DM-22-282 | 238.08 | 239.45 | 1.37 | 1.17 | 4.60 | 58.5 | 0.130 | 0.090 | 0.130 |
| DM-22-283 | 307.00 | 310.00 | 3.00 | 2.14 | 1.66 | 6.3 | 0.050 | 0.010 | 0.200 |
incl | 309.70 | 310.00 | 0.30 | 0.21 | 5.56 | 38.5 | 0.270 | 0.020 | 0.150 |
| DM-22-283 | 312.13 | 316.00 | 3.87 | 2.75 | 7.28 | 60.0 | 0.940 | 0.270 | 0.550 |
incl | 312.13 | 313.53 | 1.40 | 1.00 | 14.98 | 78.5 | 0.530 | 0.540 | 0.960 |
incl | 313.99 | 315.00 | 1.01 | 0.72 | 5.42 | 87.0 | 2.020 | 0.190 | 0.580 |
| DM-22-283 | 349.30 | 364.45 | 15.15 | 10.70 | |||||