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Blue Lagoon Resources Inc.

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Summary

Project:

Golden Wonder

Deposit:Golden Wonder
Location:Canada
Commodities:Gold-Silver-Cobalt-Copper
Date:5/21/2019
Report Code:NI43-101
Report Type:Supporting Acquisition
Project Stage:Pursuing Resources Definition
Report details:21-5-2019: Blue Lagoon Resources Inc. announces a Supporting Acquisition report for its Golden Wonder deposit at the Golden Wonder project. Technical report summarising property in support of acquisition. Blue Lagoon Resources Inc. (“Blue Lagoon”) has ret
Resources:x
CP/QP:[Overall Report]: Jeffrey J. Reeder (Independent)
ABSTRACT:Blue Lagoon Resources Inc. (“Blue Lagoon”) has retained Jeff Reeder, P.Geo., to prepare an independent Technical Report on the Golden Wonder Property (“the Property”), located in British Columbia, Canada to comply with regulatory disclosure and reporting requirements outlined in Canadian National Instrument 43-101 (“NI 43-101”), companion policy NI 43- 101CP, and Form 43-101F. The Property was previously called the RD Cobalt Property by Primary Energy Metals Inc., (formerly named Primary Cobalt Corp.) with a primary focus on cobalt. Jeff Reeder, P.Geo. was the author of a NI 43-101 technical report entitled “Technical Report on the RD Cobalt Property, British Columbia, Canada” with an effective date of November 18, 2017 prepared for Primary Cobalt Corp.(the “2017 Report”) and available under Primary Energy Metals Inc.’s SEDAR profile. The purpose of this report is to update the 2017 Report with results of the 2018 exploration work and the revised primary commodity. 1.1 PROPERTY DESCRIPTION The Golden Wonder Property (previously called the RD Cobalt Property) is located in west central British Columbia, Canada, in the Hazelton area. The area lies at the north end of the Rocher Déboulé Range, near the junction of the Bulkley and Skeena Rivers. The geographic centre of the Property is at 55°11'N, 127°36'W. The Property is approximately 1 km south of the Yellowhead Highway, a major interprovincial highway in western Canada. The west end of the Property (the Golden Wonder area) can be reached by a gravel road that links to highway southwest of Sealey Lake Provincial Park; ATV trails run east from this road, both north and south of Denys Lake. The northern section of the Property (West’s Knoll, Daley West areas) is mostly accessible from the highway by ATV along trails or by foot. Access to the south-central area of the Property (Black Prince, Blue Lake, Silvertip Glacier, and Hecla areas) is limited to helicopter.

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