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ENDLESS BLUE-SKY POTENTIAL: How Much Gold Can You Handle?

by | Oct 19, 2020

While multiple unstoppable forces are set to drive mineral prices higher, it’s amazing to consider that only a small percentage of people actually own gold and mining stocks. The writing’s on the wall now, with billionaires like Warren Buffett, Sam Zell, and Stanley Druckenmiller taking bullish positions in metals and miners.

You can almost hear the commodities market right now preparing gold for that final launch past $2,000. Multiple price targets will be shattered like glass, and that’s when the amateurs start piling into gold stocks at much higher prices, too late to catch the first wave.

Canadian miners are leading the way as the demand for more gold gains momentum through the Q4 2020 election and into the new year. British Columbia is particularly well-known for mineral-rich assets, and the jurisdiction is especially friendly to mining activities.

It’s in this region that Blue Lagoon Resources (CSE: BLLG, OTCBQ: BLAGF) explores and develops its high-grade gold project, the past-producing Dome Mountain Mine. This is an all-year-accessible property located a short 50-minute drive from Smithers, B.C., which holds both an Environmental Management Act permit (EMA) and a mining permit providing for up to 75,000 metric tons of annual production.

Amazingly, 90% of the Dome Mountain property is still unexplored. This implies a strong blue-sky exploration potential, meaning that there’s practically unlimited potential for discovery on this expansive property.

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    Deeper intercepts at two target holes (DM-20-126 and DM-20-127) indicate the potential for future development below the Boulder Vein – a positive and unexpected result. This warrants follow-up drilling in the phase-two program, which will be designed to test the model of one or more deeper vein targets.

    We can “drill down” to get even more impressive results. For instance, one drill hole (DM-20-116) revealed a significant intercept in a sulfide-bearing quartz vein of 34.5 g/t (grams per tonne) of gold and 54 g/t of silver over 1.53 meters from a depth of 80.37 to 81.90 meters.

    Yet another target hole (DM-20-115) revealed an intercept with mineralization suggesting that the drilling activity just missed a sulfide-bearing quartz vein running parallel to the core axis. This clearly warrants further exploration, which could lead to a high-grade mineral discovery.

    The Dome Mountain Mine isn’t Blue Lagoon’s only mineral asset but it is the company’s crown jewel, so these drill results are both crucial and exhilarating. As more stock and commodity traders start to buy up mining sector names across North America, keep an eye on Blue Lagoon Resources and the unique, blue-sky opportunity at Dome Mountain.

    Best Regards,
    FutureMoneyTrends.com

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      The Company’s publications often pertain to gold and mining stocks, which discuss a direct relationship between the price of gold or silver and the stock price of a gold or silver mining stock. We discuss with respect to various issuers that there is a relationship between the price of gold or silver to the stock price of a gold or silver mining stock, i.e. that the higher the price of gold or silver, the higher the price of the stock. You should use extreme caution in adopting any such conclusions, because such statements do not account for any of the following factors:

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      On August twentieth of this year, in connection with our agreement with Blue Lagoon Resources Inc., we received two hundred and fifty thousand dollars to Future Money Trends LLC and an additional three hundred and fifty thousand Canadian dollars to Wallace Hill Partners LTD. Wallace Hill Partners LTD on August tenth purchased one million common shares at thirty five Canadian cents. We contracted with Blue Lagoon Resources Inc. to provide advertising services for a period of twelve months. The agreement provides that Blue Lagoon Resources Corp shall compensate us five hundred thousand options at seventy Canadian cents that vest over three months from the start date of the agreement.

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