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Blue Lagoon Resources Inc.
Summary
| Project: | Pellaire | |
|---|---|---|
| Deposit: | Pellaire | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 12/16/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Supporting Acquisition | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 16-12-2019: Blue Lagoon Resources Inc. announces a Supporting Acquisition report for its Pellaire deposit at the Pellaire project. Technical report on project. This National Instrument 43-101 Technical Report, in accordance with Form 43-101F1, has been pr | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Richard Goodwin, Alicia Carpenter (JDS Energy & Mining Inc.;Flow Geodata) | |
| ABSTRACT: | This National Instrument 43-101 Technical Report, in accordance with Form 43-101F1, has been prepared by JDS Energy & Mining, Inc. (JDS) in conjunction with Flow Geodata for Blue Lagoon Resources Inc. (BLR). It provides a historic and geological understanding of BLR’s Pellaire Project in central British Columbia (“the Project”). It has been prepared concurrently with a field program of exploration at site in the summer of 2019. The Pellaire Project comprises multiple steeply dipping high grade narrow gold bearing veins that outcrop to surface at high elevation (approximately 2,500 masl). The project has approximately 1,300 m of narrow underground workings from 5 surface adits that have been developed in different campaigns over several years. No underground workings are accessible at present. The Project has the remnants of an exploration camp that included cabins, a cookhouse, laundry facility and mine dry. Several pieces of a 1,000 t/d gravity mill are located adjacent to the camp as well as a Quonset hut that was used for maintenance. The camp and mill is located beside the Falls River at an elevation of approximately 1690 m. A ~5.5 km rough road was carved up the mountainside and talus slope to provide access between the camp and mine site. This road crosses the Falls River over a ~ 40 m span steel bridge with wooden decking that needs replacement. | |
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