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PEA puts Blue Lagoon's restart cost below C$1.5M

Blue Lagoon Resources (CSE: BLLG) has announced a positive preliminary economic assessment for its Dome Mountain gold project in British Columbia which outlines a 277% after-tax internal rate of return.

Staff reporter
Blue Lagoon Resources’ Dome Mountain project in BC

Blue Lagoon Resources’ Dome Mountain project in BC

The PEA put preproduction capex at C$1.46 million, for a 12-year mine producing an estimated 85,000 ounces, and estimated an after-tax NPV5 of $11.7 million. President and CEO Rana Vig said much of...

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