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Blue Lagoon Resources Inc.
Summary
| Project: | Dome Mountain | |
|---|---|---|
| Deposit: | Dome Mountain | |
| Location: | Canada | |
| Commodities: | Gold-Silver | |
| Date: | 7/15/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | PEA | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 15-7-2020: Blue Lagoon Resources Inc. announces a PEA report for its Dome Mountain deposit at the Dome Mountain project. PEA results incl. post-tax NPV (5%) of C$11.2M % IRR of 277%. The assets of Blue Lagoon Resources include the Dome Mountain Mine, whic | |
| Resources: | . | |
| CP/QP: | [Overall Report] Steve Cutler, Godfrey Mhembere, Jennifer Evans (Roughstock Mining Services) | |
| ABSTRACT: | The assets of Blue Lagoon Resources include the Dome Mountain Mine, which is located approximately 38 kilometres due east of the town of Smithers in northwest British Columbia. The property is within the Omineca Mining Division and holds a current Mining Permit (M-237, for up to 75,000 tonnes per year) and an effluent permit (104869). Roughstock Mining Services was retained by Blue Lagoon Resources to complete a preliminary economic assessment for the Dome Mountain Mine. The scope of work included planning an infill diamond drilling program for the Boulder East vein, an update of mine economics, and collection of all additional relevant information for the compilation of this report. QP Steve Cutler visited the site in June 2010, January 2012, and September 2017. QP Jennifer Evans visited the site in January 2016. No substantial changes were made to the property since the last QP visits. | |
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