Malibu, CA, Mar 24, 2025 AEST (ABN Newswire) - Welcome to Money Talk Radio. Join Ellis Martin for a conversation with Yannis Tsitos, the Chairman of the Mining Committee for Blue Lagoon Resources Inc. (
CNSX:BLLG) (BLAGF:OTCMKTS).
Exciting developments are underway at the company's Dome Mountain Gold Project in British Columbia! With final mine permits secured, full-scale underground mining operations are set to begin, targeting an annual production of approximately 15,000 ounces of gold. The company is gearing up for an operational launch as early as July 2025, with infrastructure, equipment, and key personnel being finalized. A toll-milling agreement with Nicola Mining ensures efficient processing, while final preparations-including the installation of a water treatment facility-are on track for completion within the next three months.
Mr. Tsitos has over 35 years of experience in the mining industry, including 19 years with BHP Billiton. Originally a physicist-geophysicist, he later served as New Business Development Manager for Minerals Exploration, where he was instrumental in identifying, negotiating, and executing over 60 mining agreements worldwide. Mr. Tsitos sits on several company boards, has contributed to four deposit discoveries, and has published multiple articles in exploration and mining publications. He has also been a strong advocate for anti-corruption policies in the mining industry, ensuring responsible business practices across the sector.
Stay tuned as Blue Lagoon Resources move closer to production and the next chapter in Dome Mountain's mining journey!
To Listen to the Interview, please visit:
https://www.abnnewswire.net/lnk/8K37H3R2
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.
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