Blue Lagoon Resources Inc .: The situation

Vancouver, April 16, 2020 – Blue Lagoon Resources Inc. (Blue Lagoon or the company) (CSE: BLLG; FWB: 7BL – WKN A2PNJ8; OTCQB: BLAGF) would like to inform its shareholders and key stakeholders that the company is in its different areas Planning phases with regard to the further expansion of the Dome Mountain gold mining project were not affected by the current events. The company is currently conducting numerous discussions and is taking appropriate measures. Among other things, the company is in dialogue with all important suppliers and contract partners who are significantly involved in maintaining the positive dynamics of the project as a whole.


Comment from the CEO

“We are monitoring the situation very closely and currently see it as a top priority to ensure the health and wellbeing of all our consultants and suppliers”, said Rana Vig, President and CEO of Blue Lagoon Resources. Several million dollars have been invested in the Dome Mountain gold mine in recent years. We are currently determining how quickly we can advance the project as part of organizational and planning measures. These measures can be done through teleconferencing or video conferencing and are therefore unaffected by the COVID 19 epidemic, he adds.