Blue Lagoon Resources Inc. announced the results from its 2022 soil sampling program completed on its Dome Mountain Gold Project - an all-year-round accessible property located a short 50-minute drive from Smithers, BC. The Company's 2022 soil sampling program has resulted in the identification of priority target areas for follow-up in 2023. The summer program consisted of collecting 2,175 samples covering new areas and infilling from previous campaigns.

To date, 6,394 soil samples have been collected since the Company acquired the Dome Mountain gold project in 2020 (excluding quality control samples). Most samples were collected at 25- or 50-metre stations along lines spaced 200 meters apart. Anomalous pathfinder elements associated with the high gold values at Boulder Vein include antimony, zinc, lead, and silver.

Noranda first drilled the Boulder Vein system at Dome Mountain in 1985 based on zinc-in-soil anomalies. After more than 45,000 meters of core drilling on the Boulder Vein, zinc is considered the premier pathfinder element at Dome Mountain due to its correlation with drill core samples containing high grade gold. However, given a larger database, cadmium may be a better pathfinder in soils for targeting drill holes.

Zinc has a high correlation with drilled gold but the zinc-in-soil response results in broader, less defined targets when compared with Cadmium (Cd). The large gold-in-soil anomaly in the lower right of the figures is at least partially due to alluvial deposition from Federal Creek. There is, however, a small coincident cadmium anomaly south of the creek which will require follow-up exploration.

QUALITY ASSURANCE AND CONTROL: The Company submitted 2,175 soil samples for analysis which were collected on the Dome Mountain Gold Project in late 2021. QAQC samples consisted of field duplicated collected at a rate of 1 for every 25 routine samples. SAMPLE PROTOCOLS: Soil samples were collected using two-man teams equipped with a track shovel and/or auger Samples were collected from the B-horizon at a depth ranging from 10 cm to 90 cm.

Sample spacing along the lines varied from 25 meters to 50 meters depending upon location and target area with line spacing at 200 meters. Sample data collected at the sample locations included location, depth of sample, colour, moisture content, texture (sand, silt, clay), and percentage, angularity and lithology of pebbles and or cobbles. Samples collected amounted to approximately 1 kilogram of material and placed in a Hubco sample bag.

At the end of each day, all samples were placed inside the Company's secure shop facility on racks and dried for at least one week before shipping to ALS Minerals in North Vancouver, BC. Sample preparation at ALS utilized Prep 41 method (dry and sieve to -80 mesh) and followed up analysis for gold by method Au-AA24 (by fire assay) and 48-elements by method ME-MS61, (four acid digestion with ICP-MS finish).