With infrastructure, equipment, and personnel in place, and a toll milling agreement secured with Nikola Mining, Blue Lagoon is uniquely positioned for near-term production. Final preparations, including installation of a water treatment facility, are currently underway and are scheduled for completion within the next three months.
"Our team has worked relentlessly to bring this project to the production stage," said Rana Vig, CEO of Blue Lagoon Resources. "Achieving full permitting in British Columbia-where the average timeline can exceed 15 years-in just five years is a testament to our strategic planning, community engagement, and operational discipline."
A Strategic Approach to Gold in a Bull Market
With gold prices recently surging past $3,200 USD per ounce, Blue Lagoon is entering production at an opportune time. The company believes the current market reflects a broader structural shift as central banks and sovereign wealth funds move aggressively into hard assets amid declining confidence in fiat currencies.
"Retail investors haven't caught up yet," said Vig. "But smart money is already positioning for what could be the biggest gold rally in modern history."
As one of only nine fully permitted precious metal projects in British Columbia over the past decade-and with road access, a milling partner, and no need to construct new power infrastructure-Blue Lagoon is set apart from the field. In fact, with an initial capital expenditure of just $3-4 million, the company anticipates generating positive cash flow within the first year of operations.
Future Growth Without Dilution
Blue Lagoon's 22,000-hectare land package includes 15 known high-grade gold veins, covering only 10% of the total property, leaving significant untapped exploration potential. The company's strategy is to self-fund future exploration from production revenue, minimizing shareholder dilution.
Strategic investors including Crescat Capital, Phoenix Gold Fund, and Nikola Mining-who invested $1 million after an on-site visit-underscore confidence in the project's scalability and long-term value.
The Right Investment at the Right Time
"For investors seeking leverage to rising gold prices in a secure, tier-one jurisdiction, Blue Lagoon offers a rare combination: imminent production, clear growth trajectory, and disciplined capital management," added Vig.
To Listen to the Interview, please visit:
https://www.abnnewswire.net/lnk/38Z7Y5RT
About Blue Lagoon Resources Inc.
Blue Lagoon Resources Inc. (CVE:BLLG) (FRA:7BL) (OTCMKTS:BLAGF) is a Canadian-based, well-funded, growth-oriented mining company focused on advancing its 100% owned Dome Mountain Gold Project in British Columbia. Led by a team with deep mining and finance experience, the Company operates in one of the world's most attractive mining jurisdictions.
In February 2025, Blue Lagoon achieved a major milestone with the granting of a full mining permit - one of only nine issued in British Columbia since 2015 - and has since commenced underground mining operations. Mineralized material from Dome Mountain will be processed under a long-term toll milling agreement with Nicola Mining, with first gold sales targeted for Q4 2025. Beginning in H1 2026, the Company plans to reinvest internally generated cash flow into near-mine and regional exploration to further expand its resource base.
With a strong commitment to sustainability, community, and First Nation engagement, Blue Lagoon's objective is to become a profitable, cash-flowing gold producer while creating lasting value for shareholders and stakeholders alike.
The Company is not basing its production decision at Dome Mountain on a feasibility study of mineral reserves demonstrating economic and technical viability. The production decision is based on having existing mining infrastructure, past bulk sampling and processing activity, and the established mineral resource.
About The Ellis Martin Report
The Ellis Martin Report (TEMR) and Money Talk Radio feature interviews with industry leaders in mining, biotech, energy, and technology. The program is globally syndicated through multiple financial platforms and streaming services.
Contact
Investor RelationsBlue Lagoon Resources Inc.
Email: info@bluelagoonresources.com
Related Companies
Related Industry Topics: