Blue Lagoon Resources Inc. is pleased to announce that it has signed a non-binding letter of intent to acquire 100% of the outstanding shares of Metal Mountain Resources Inc. , a private British Columbia company. Metal Mountain holds a 50.84% interest in Gavin Mines Inc. , which in turn holds a 100% interest in the Dome Mountain Mine located near [...]
Blue Lagoon Resources Inc. is pleased to announce that the Company has commissioned and is funding a National Instrument 43-101 Technical Report on behalf of Quebec based Mag One Operations , a company in which Blue Lagoon has the right to acquire a 70% joint venture interest. The purpose of the technical report is to establish a current mineral [...]
Blue Lagoon Resources Inc. announces that, effective immediately, it has qualified and upgraded to trade on the OTCQB under the symbol BLAGF. The Company's shares continue to be listed on the Canadian Securities Exchange under the symbol BLLG and on Frankfurt Stock Exchange under the symbol 7BL. To be eligible, the OTCQB Venture Market, operated by [...]
Blue Lagoon Resources Inc. is pleased to announce that it has completed the second tranche of its non-brokered private placement described in its news release dated January 3, 2020. In connection with the second tranche closing, the Company issued 100,000 common shares at a price of $1.50 per share for gross proceeds of $150,000. "This $150,000 [...]
Blue Lagoon Resources Inc. is pleased to announce that Quebec based Mag One Operations , a company in which Blue Lagoon has the right to acquire a 70% joint venture interest, has received an initial purchase order from India-based Tata Steel, one of the largest steel manufacturers in the world with a presence in 5 continents, to evaluate the [...]
Blue Lagoon Resources Inc. is pleased to announce that it has completed the first tranche of its non-brokered private placement described in its news release dated January 3, 2020. In connection with the first tranche closing, the Company issued 566,666 common shares at a price of $1.50 per share for gross proceeds of $850,000. The Company intends [...]
Blue Lagoon Resources Inc. is pleased to announce that earlier this morning, the Company and its President & CEO, Rana Vig, were chosen by the CSE to open the day's trading by ringing the traditional bell. "I'm very proud to have been asked to ring the bell and open the markets this morning. This tradition of opening and closing the markets with [...]
Blue Lagoon Resources Inc. is pleased to announce that it is working diligently towards advancing its newly optioned property - the Gordon Lake Gold Project located 110 km north of Yellowknife, Northwest Territories , Canada. The Company is getting ready to begin its Phase One program and has signed a General Services Agreement with Aurora [...]
Blue Lagoon Resources Inc. is pleased to announce that further to its news release dated November 26, 2019, the Company and Mag One Products Inc. and its wholly owned subsidiary, Mag One Operations Inc. have signed a definitive earn-in and operating agreement dated January 6, 2020. Pursuant to the Agreement, the Company may acquire up to a 70 [...]
Blue Lagoon Resources Inc. announces a proposed non-brokered private placement of up to 666,667 common shares of the Company at a price of $1.50 per share for gross proceeds of up to $1,000,000 . The Offering is subject to acceptance by the Canadian Securities Exchange. For further information, please contact: Rana Vig President and Chief Executive [...]
Blue Lagoon Resources Inc. is pleased announce that it has completed the first NI 43-101 Technical Report on its Pellaire gold project. The technical Report was prepared by Richard Goodwin, P. Eng., of JDS Energy and Mining, one of the most respected and trusted organizations in the mining industry. Additional support in the preparation of the [...]
Blue Lagoon Resources Inc. is pleased to announce results from its Summer work program at the Golden Wonder Property . The summer work program was undertaken to refine and expand upon the location of the known gold +/- copper, cobalt bearing trend identified during 2017 and 2018 exploration. The approximately 500 m long anomalous trend of rock and [...]