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 is a Canadian based publicly listed mining company (CNSX:BLLG) (OTCMKTS:BLAGF) focused on building shareholder value through the aggressive development of its 100% owned Dome Mountain Gold project. The Company is run by professionals with significant finance and mining experience and operates within a prime mining jurisdiction in British Columbia, Canada. With the granting of a full mining permit, a key milestone achieved in February 2025 - one of only nine such permits issued in British Columbia since 2015 - Blue Lagoon is now focused on last preparatory activities and tasks related to the safe and secure opening of the Dome Mountain Gold Mine, targeting Q3 2025 as the start of gold production.
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. The Company understands that there is increased uncertainty, and consequently a higher risk of failure, when production is undertaken in advance of a feasibility study.
About The Ellis Martin Report
The Ellis Martin Report (TEMR) is an internet based radio program showcasing potentially undervalued companies to an audience of potential retail investors and fund managers that comprise our listening audience. TEMR is broadcasted on the VoiceAmerica Business Channel and The Opportunity Radio Network. CEO and company interviews are paid for by those represented on the program.
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