202615 releases
Blue Lagoon Records Its First Finalized Gold and Silver Production From Dome Mountain
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CorporateBlue Lagoon Starts Drilling At Dome Mountain Gold Mine
Drilling has begun under the previously announced 10,000 metre Phase One exploration program at the 100%-owned Dome Mountain Gold Mine near Smithers, British Columbia. The program tests high-priority targets across the 22,000 hectare property while advancing opportunities to expand the existing mineral resource, forming the first phase of a multi-year exploration strategy. Full program details, including principal targets, were set out in the Company's September 8, 2026 news release.
Drill resultsBlue Lagoon To Start Drilling At It’s Dome Mountain Gold Project
A 10,000 metre NQ core drilling Phase One program is starting at the Dome Mountain gold project near Smithers, British Columbia, targeting the Alpine Veins, McKendrick Prospect, Chance Structural Zone and Flat Chance Vein, Forks Prospect, a cadmium-in-soil anomaly, and the down-dip Boulder Vein, with an expanded resource estimate expected early to mid-2027. Boulder Vein infill drilling runs until spring breakup in April 2027. Blue Lagoon also granted 1,250,000 RSUs and 275,000 options at $0.64, will issue 205,583 shares to senior employees, and settle about $723,664 of debt via 1,206,107 shares at $0.60.
Drill resultsBlue Lagoon Announces C$10 Million Strategic Investment By Nicola Mining And Ocean Partners
A C$10 million strategic investment has been agreed with Nicola Mining Inc. and Ocean Partners Holdings Ltd., each investing C$5 million in common shares at C$0.60 per share, a premium of over 10% to the 20-day VWAP, with no warrants and approximately 16.67 million shares to be issued. Proceeds will fund underground development, the ramp-up toward a 150-tonne-per-day target and a planned fall drill program at the Dome Mountain Gold Mine near Smithers, British Columbia. Closing is subject to CSE policies, with a four-month-and-one-day hold period and no finder's fees.
FinancingBlue Lagoon Files Annual Financial Statements and Provides Comment on Temporary Cease Trade Order
Audited annual consolidated financial statements for the year ended March 31, 2026, along with related MD&A and officer certifications, have been filed on SEDAR+. The British Columbia Securities Commission issued a failure-to-file cease trade order because the filings missed the prescribed deadline, and trading on the Canadian Securities Exchange is expected to be temporarily suspended, with revocation and resumption of trading expected August 7, 2026. The delay was attributed to a more complex audit following the transition to gold production at Dome Mountain and a change of audit firm.
CorporateBlue Lagoon Surpasses $10 Million in Revenue as Dome Mountain Production Rises to 125 Tonnes Per Day
Cumulative revenue from gold and silver sales at the 100%-owned Dome Mountain mine near Smithers, British Columbia has passed C$10 million since the first sale in December 2025, with commercial production declared May 19, 2026. Underground mining rates have risen from over 90 tonnes per day to 125 tonnes per day, against a permitted limit of 150 tonnes per day. A private British Columbia company was granted an option on the Big Onion project for $500,000 cash over two years, 2,000,000 shares over three years and $2 million in exploration spending within four years, with Blue Lagoon retaining a 1.125% NSR royalty.
CorporateBlue Lagoon Attains Commercial Production and Announces Strategic Equity Investment by Ocean Partners
Commercial production has been attained at the 100%-owned Dome Mountain Gold and Silver Project near Smithers, British Columbia, after underground mining rates averaged more than 100 tonnes per day for over 30 consecutive days; the permit allows up to 55,000 tonnes annually and the next target is 150 tonnes per day. Offtake partner Ocean Partners Holdings Ltd. is making a C$3 million equity investment at C$0.90 per share, the May 15, 2026 closing price, with no warrants. Drilling crews are anticipated on site in Q3 2026.
CorporateBlue Lagoon Reaches 100 Tonnes Per Day Milestone, Doubles Production Crew With Second Mining Contractor and Advances Toward 150 Tonnes Per Day
Underground production at the 100%-owned Dome Mountain gold and silver mine near Smithers, B.C. has reached a consistent 100 tonnes per day, with a second mining contractor doubling the crew from two to four shifts as the Company works toward 150 tonnes per day. Three concentrate sales to Ocean Partners U.K. Ltd. have totalled approximately US$4.1 million, with about 2,000 tonnes stockpiled. Blue Lagoon granted 3,850,000 options at $0.77 and received a $500,000 interest-free CEO bridge loan.
CorporateBlue Lagoon’s Milling Partner Has Processed 3,000 Tonnes Of Dome Mountain Material Producing Over 210 Tonnes Of Gold & Silver Concentrate
Approximately 2,954 dry tonnes of Dome Mountain mineralized material has been processed at Nicola Mining's mill in Merritt, B.C., at a weighted average feed grade of 9.7 g/t gold and about 35.6 g/t silver, with gold recovery of 93.4%. Over 210 dry tonnes of gold-silver flotation concentrate has been produced, comprising 188 bagged tonnes and roughly 22 tonnes in circuit stock tanks, for sale and shipment to Ocean Partners. An estimated 1,828 tonnes of unprocessed material remained stockpiled at the facility as of March 17, 2026.
CorporateBlue Lagoon Resources Wins Prestigious 2026 PDAC Sustainability Award
The 2026 Sustainability Award from the Prospectors & Developers Association of Canada was presented to Blue Lagoon Resources on March 3, 2026 at the PDAC Awards Celebration dinner gala in Toronto, recognizing environmental stewardship and community engagement, including its partnership with the Lake Babine Nation at the Dome Mountain Gold and Silver Project in British Columbia. The company received a full mining permit in February 2025 and processes mineralized material under a long-term toll milling agreement with Nicola Mining.
CorporateBlue Lagoon Resources Completes Second Sale of $1.4 Million of Dome Mountain Mineralized Material – Milling Now Underway
A second advance payment of approximately CAD $1.4 million has been received from milling partner Nicola Mining for 1,000 tonnes of stockpiled mineralized material from the 100%-owned Dome Mountain Gold and Silver Project near Smithers, British Columbia, following an earlier advance for 1,000 tonnes. About 3,700 tonnes have been delivered to the mill site, and processing is now underway after Nicola completed plant cleanup, maintenance and component replacements. Advances are subject to final reconciliation after milling and settlement.
Drill resultsBlue Lagoon Marks One-Year Anniversary of Mining Permit Receipt As Gold & Silver Price Outlook Strengthens and Operational Milestones Accelerate
One year after receiving its mining permit in February 2025 for the 100%-owned Dome Mountain Gold and Silver Project near Smithers, British Columbia, Blue Lagoon Resources reported milestones including completion of a year-round wastewater treatment system, workforce expansion, underground mining at multiple faces, weekly mineralized material deliveries to Nicola Mining under a 10-year milling agreement, and a first production payment of approximately $1 million. The company was selected for the 2026 PDAC Sustainability Award and plans to reinvest cash flow into exploration beginning in H1 2026.
CorporateBlue Lagoon Milling Partner Nicola Mining Shifts Focus Exclusively to Blue Lagoon’s Gold & Silver Mineralized Material
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CorporateBlue Lagoon Adds Second Underground Shift as Dome Mountain Moves Into Higher-Throughput Phase
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CorporateBlue Lagoon’s Underground Production Ramps Up
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20254 releases
Blue Lagoon Sells ~C$1 Million of Gold and Silver from Dome Mountain’s Initial Production to Ocean Partners
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AcquisitionBlue Lagoon Delivers 1,000 Tonnes to Milling Partner – Processing Expected to Begin by Week’s End
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CorporateBlue Lagoon Resources – President’s Update
Various corporate updates were provided in a President's Update from Blue Lagoon Resources; the document text supplied is unreadable binary PDF data and no specific results, transactions, amounts or decisions can be extracted.
CorporateBlue Lagoon Resources Selected for PDAC’s 2026 Sustainability Award
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