Blue Lagoon Resources (CSE:BLLG, OTCQB:BLAGF,FSE:7BL) is poised to become British Columbia’s next high-grade underground gold producer. The company’s 100 percent-owned Dome Mountain Gold Mine has reached a major milestone with the receipt of a full BC mining permit—paving the way for near-term production.
With production on the horizon, early cash flow will be reinvested to grow the existing high-grade resource and advance exploration across the company’s expansive land package. This strategy positions Blue Lagoon as a low-risk, high-upside opportunity in a strengthening gold price environment.
Backed by strong insider ownership, low capital intensity, and a clear path to production, Blue Lagoon is successfully transitioning from a junior explorer to a gold producer.
The Dome Mountain Gold Project is the company’s flagship asset and sole focus—a rare, near-production opportunity in one of Canada’s top mining jurisdictions. Located just 50 minutes from the mining-friendly town of Smithers, BC, the project covers nearly 21,000 hectares in a prolific gold belt with excellent infrastructure, road access, and power.
Dome Mountain has a storied history, with over $80 million in historic investment by major players like Noranda and Timmins, as well as over $30 million invested by Blue Lagoon since 2019.
Company Highlights
One of only seven precious metal projects permitted in British Columbia over the last decade. Dome Mountain is set to restart in Q3 2025 with all major permits in hand.
First gold sales expected in Q3 2025; initial production of 15,000 oz gold/year from 55,000 tons of underground mineralized material.
Toll milling agreement in place with Nicola Mining; pre-production capex limited to the completion of a water treatment plant.
Property spans nearly 22,000 hectares with 15 known high-grade veins, but only 10 percent has been explored.
Strong alignment with shareholder value, Blue Lagoon’s strategy is to minimize dilution by funding exploration through mine cash flow.
Strong working relationship with Lake Babine Nation and full community support.
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