Blue Lagoon Resources (CSE: BLLG) or BLAGF surpassed its 200-day moving average of $0.66 per share and closed above its key breakout point of $0.69 per share by finishing today at $0.70 per share its highest closing price since NIA's initial suggestion on June 6th at $0.60 per share!
BLLG has begun processing 6,000 tonnes of high grade mineralized material that was left underground at Dome Mountain by the previous operator! BLLG could potentially generate significant income from this material! Much of this material was previously assayed and yielded the following results: 100 tonnes of 11.5 g/t gold, 50 tonnes of 13.2 g/t gold, 100 tonnes of 14.8 g/t gold, 80 tonnes of 18.9 g/t gold, 500 tonnes of 11.6 g/t gold, 150 tonnes of 10.2 g/t gold, 1000 tonnes of 17.6 g/t gold, 40 tonnes of 41.5 g/t gold, 1500 tonnes of 10.7 g/t gold, and 1500 tonnes of 11.9 g/t gold.
Dome Mountain is one of the highest grade gold projects in British Columbia! BLLG already has an indicated resource of 175,980 tonnes grading 12.45 g/t gold and 60.41 g/t silver!
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.