Blue Lagoon Resources Inc. announced new high-grade gold results from its on-going diamond drilling program at its 100% controlled Dome Mountain Gold Project, an all-year-round accessible property located a short 50-minute drive from Smither B.C. To date, the Company has completed 20,627 meters of diamond drilling since the commencement of the 2021 drilling program announced on January 11, 2021. Phase One drilling, completed earlier this year, encompassed 7,176.5 meters in 32 holes, and to date, 49 holes totaling 13,446.5 meters have been drilled as part of the Company's Phase Two program. Drilling is ongoing with two diamond drills operating around the clock and will continue until on or about December 15, 2021 and will recommence in early January 2022. Due to exceptionally slow lab turn-around times, an industry wide problem, the Company is waiting for assay results from more than 30 holes. Results for 11 new holes have been returned since previous results were announced in a dated September 22, 2021. As discussed in that press release, hole DM-21-186 was the first hole completed in the newly identified CSZ and encountered narrow and steeply dipping quartz-sulfide veins in country rock displaying disseminated sulfide mineralization. This hole encountered six notable mineralized intercepts including 20.55 g/t Au eq over 0.37 m and 23.81 g/t Au eq over 0.60 m, confirmation that this new target is capable of hosting high-grade vein mineralization. The CSZ is structurally complex with faults and quartz veins displaying multiple orientations including steeply dipping and flat lying. To date, 21 holes completed at CSZ define a structural corridor within a complex graben at least 300 meters in width and 300 meters along strike (NW-SE). Further drilling will be completed to delineate this new mineralized structural zone along strike and at depth. Hole DM-21-178, which tested the Freegold Vein target as an undercut to hole DM-21-177 encountered seven notable mineralized vein intercepts including 14.2 g/t Au eq over 1.28 m, 27.70 g/t Au eq over 0.50 m and 11.51 g/t Au eq over 0.65 m. This hole (and DM-21-177) shows that the high-grade Freegold Veins have a strike extent of at least 300m. Holes DM-21-177 to DM-21-185 were completed in the Freegold intrusion and display anomalous gold consistent with known mineralization encountered at the surface. More drilling may be planned at Freegold showing once a ground IP survey is completed. One drill rig was deployed to the Federal Zone to test for mineralization associated with an Airborne EM anomaly within a NNW-SSE structural zone highlighted by magnetics. To date, ten drill holes have been completed in this new target, several of which have encountered a few meters to tens of meters of graphitic zone above and below a contact between supracrustal sedimentary rocks and volcanic rocks including ash tuffs and volcanic breccia. This graphitic "zone" is characterized by 1-10% graphite and anomalous arsenopyrite (up to 10%) and pyrite with local occurrences of chalcopyrite, sphalerite and galena. Mineralization appears to be consistent along strike and at depth.