FinancialBuzz.com’s latest Buzz on the Street Show: Featuring Our Corporate News Recap on “Blue Lagoon Initiates PEA for its Dome Mountain Gold Mine.”
Blue Lagoon Resources Inc. (OTCQB: BLAGF) (CSE: BLLG) is pleased to announce that it has initiated a Preliminary Economic Assessment (“PEA”) for its Dome Mountain Gold Mine Project (“Dome Mountain Mine”) which holds a 75,000 tonne per year mine permit. In addition, the Company holds a long term Milling and Mining Profit Share Agreement with Nicola Mining Inc. (“Nicola”), which operates a modern mill facility located near Merritt, BC. Under the terms of the Agreement, Nicola will process material from the Company’s high-grade gold Dome Mountain Mine.
Blue Lagoon Resources is a mineral exploration company focused on the acquisition, exploration and development of properties for the mining of gold and other minerals. The company is on track to own 100% of the Pellaire gold property located 160 km southwest of William’s Lake in the Chilcotin range of south-central British Columbia. The Pellaire project covers over 4,400 hectares and is known to have 10 gold-bearing veins on the property. The company also has an option to acquire an 80% interest in the Gordon Lake gold property, which consists of 2 contiguous mineral leases located 110 kilometers northeast of Yellowknife in the Northwest Territories of Canada.
For more information, please visit: Blue Lagoon Resources Inc.
For more corporate news on Blue Lagoon Resources Inc., check out the Buzz on the Street
About Buzz on the Street: One of FinancialBuzz.com’s latest corporate and financial news shows, covering the latest trending stock market news. Buzz on the Street looks to become a leader in corporate video news dissemination. Buzz on the Street is 100% original content, brought to you by Financial Buzz Media.