Joining us for the first time on the Daily Dive is Rana Vig, CEO and Director of Blue Lagoon Resources (CSE: BLLG). Rana joins us this afternoon to discuss the recent volatility in gold and what sectors he thinks have the most upside in the current market environment. We then move to the topic of Blue Lagoon Resources, where we receive a two minute elevator pitch on the company before discussing Hennigh’s association with the company, the shipping of concentrate to mills, and recent assay results. We close the interview out by examining near term catalysts for the company.
Blue Lagoon Resources is a mineral exploration company that is currently focused on its flagship asset, the past-producing Dome Mountain Mine, found in British Columbia. The property is accessible year-round, and is found just outside of Smithers in Northwest BC. A 2020 resource estimate estimated the property has 70,418 indicated gold ounces at 12.45 g/t, and 341,784 indicated silver ounces at 60.41 g/t. The resource also contained 109,160 gold ounces on an inferred basis at a grade of 8.32 g/t, as well as 473,890 silver ounces on an inferred basis at 36.12 g/t.
FULL DISCLOSURE: Blue Lagoon Resources is a client of Canacom Group, the parent company of The Deep Dive. The author has been compensated to cover Blue Lagoon Resources on The Deep Dive, with The Deep Dive having full editorial control. Not a recommendation to buy or sell. We may buy or sell securities in the company at any time. Always do additional research and consult a professional before purchasing a security.
As the founder of The Deep Dive, Jay is focused on all aspects of the firm. This includes operations, as well as acting as the primary writer for The Deep Dive’s stock analysis. In addition to The Deep Dive, Jay performs freelance writing for a number of firms and has been published on Stockhouse.com and CannaInvestor Magazine among others.