Blue Lagoon Submits Final Mining Permit Application - Seite 2

Other management plan requirements covered by sections in Chapter 9 include:

• 9.4 Construction Environmental Management Plan9.13 Mine Site Traffic Control Plan
• 9.21 Noise Management Plan

Table 1 shows the current 43-101 resource at Dome Mtn.† (see press release dated Feb. 3, 2022).

TABLE 1

Class	Tonnes	Au cap (g/t)	Ag Cap (g/t)	Au Oz	Ag Oz
Measured	136,000	10.32	57.31	45,000	250,000
Indicated	662,000	8.15	41.19	173,000	876,000
Inferred	85,000	6.02	26.13	16,000	71,000

† Arseneau, G. 2022. Mineral Resource Estimate for the Dome Mountain Gold Project, Smithers, British Columbia, Canada, prepared

for Blue Lagoon Resources Inc. by Arseneau Consulting Services, effective date, October 15, 2021, report date January 31, 2022.

The Boulder Vein System is a steeply dipping structurally controlled quartz carbonate hosted base metal rich gold-silver vein system. The Company's current Mine Act Permit (M-237) provides for up to 75,000 tonnes per year production.

The review schedule established by EMLI highlights 71 days for Duration of Application Review and 35 days for Decision Packages and Permit Drafting Duration with December 14, 2023 as the day for final Decision on the permit.

"We are very pleased to have this application submittal completed," said Rana Vig, President and CEO of Blue Lagoon Resources. "Every effort has been made to get this Mines Act Amendment Application completed and screened to allow formal submission to LBN, EMLI and ENV in a timely manner while at the same time completing ongoing exploration work and drilling on the Boulder Vein and property wide exploration targets," he added.