Blue Lagoon Resources is entering a transformative phase. With final mine permits secured, the company is preparing for full-scale underground mining, targeting annual production of 15,000 ounces of gold. Production could begin as early as July of this year, making this a near-term gold producer in a mining-friendly jurisdiction.
Rana Vig discusses how the company is putting key infrastructure and personnel in place, along with a toll milling agreement with Nicola Mining to ensure efficient gold processing. A water treatment facility is also being installed as part of the final steps before launching operations.
With more than 35 years of entrepreneurial experience, Vig has built successful ventures across multiple industries including mining, cannabis, and energy. His leadership has included major financing milestones such as a $300 million cannabis deal in 2018. As the founder of Blue Lagoon Resources, Vig has positioned the company for success by securing a rare mining permit - one of only nine granted in the last decade in British Columbia.
In this interview, Vig outlines the company's two-pronged strategy post-production:
Resource Expansion - Blue Lagoon has already completed over 50,000 meters of drilling between 2021 and 2023 and has a clear pathway to a million ounces of gold. Infill drilling will begin as cash flow ramps up, without diluting shareholders through low-price financings.
Strategic Growth - With cash in hand, the company will explore M&A opportunities, and has already attracted interest from potential suitors. Vig emphasizes the value of being in a position of strength - "people want to talk to you when you have money in the bank."
As gold prices soar above USD$3,200 per ounce, Blue Lagoon Resources stands out as a well-positioned junior with near-term production, significant upside, and a roadmap for organic growth and potential acquisition.
If you're looking to gain exposure to the precious metals sector, this is a company to watch. The equity markets haven't yet caught up to the commodity surge, and early investors could benefit from the disconnect.
To Listen to the Interview, please visit;
https://www.abnnewswire.net/lnk/GUJE02HY
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.
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Contact
T: +1-604-218-4766info@bluelagoonresources.com
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