Blue Lagoon Resources (CSE: BLLG) or BLAGF is on track to generate its first cash from the sale of gold/silver concentrate next month!
BLLG has three separate teams actively working at its Dome Mountain Gold/Silver Project at this very moment! One team is busy removing 6,000 tonnes of high grade mineralized material from the underground mine and trucking it directly to the processing plant of BLLG's milling partner located 50 minutes away in Smithers, BC. One week ago, BLLG's milling partner began processing the first 44 truckloads of material totaling 1,700 tonnes that BLLG has trucked to the mill since June 14th. BLLG has been continuously trucking up to 100 tonnes of material per day to the mill, which is now processing up to 200 tonnes per day. Next month after all 6,000 tonnes have been processed at the mill, BLLG will be selling the gold/silver concentrate to Ocean Partners UK Limited!
All of the samples taken from this material have assayed between 10.2 g/t gold and 41.5 g/t gold!
BLLG has two additional teams that are actively drilling at this moment from two separate rigs! Both rigs are targeting the high-grade vein targets on the Freegold showing, which is of particular interest because it not only includes historically sampled high grade quartz-carbonate veins and underground workings, but also includes results from BLLG's 2020 Airborne Geophysical Survey, which clearly defined that the Freegold veins are hosted within a Cu porphyry style Mag anomaly within a distinct intrusive and along the southeast end of prominent Mag high linears!
BLLG is drilling a minimum of 20,000m in 2021 with a goal of greatly expanding its high grade 43-101 gold/silver resource!
Past performance is not an indicator of future returns. NIA is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. This message is not a solicitation or recommendation to buy, sell, or hold securities. NIA has received compensation from BLLG of USD$50,000 cash for a six-month marketing contract. This message is meant for informational and educational purposes only and does not provide investment advice.