Blue Lagoon Resources Inc.
Other OTCCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Rana Gurvinder Vig
- Sector
- Basic Materials
- Industry
- Gold
- Address
- 750 West Pender Street Vancouver BC Canada V6C 2T8
- IPO Date
- Jan 8, 2021
- Website
- bluelagoonresources.com
- Similar Companies
- Business
- Blue Lagoon Resources Inc. (BLAGF) is a junior mining company focused on the acquisition, exploration, development, and production of gold mineral properties in Canada. Incorporated in 2017 and headquartered at 750 West Pender Street, Vancouver, British Columbia, the company holds 100% interests in three principal projects: the flagship Dome Mountain Gold Project encompassing 22,000 hectares near Smithers in northwest British Columbia, featuring high-grade gold zones such as Chance Structural, Federal, and Boulder Vein with historic investments exceeding $80 million and over $30 million invested by Blue Lagoon since 2019; the Pellaire (or Pellair) Gold Project covering 7,119.69 hectares across 13 contiguous claims in the Chilcotin range of south-central British Columbia; and the Big Onion Project spanning 4,810 hectares over 15 contiguous claims in northwest British Columbia. Blue Lagoon primarily explores and produces gold deposits, utilizing toll milling arrangements for processing mineralized material; it targets high-grade underground mining at Dome Mountain, one of only nine mining permits granted in British Columbia since 2015, with an average grade of 9 grams per tonne gold and targeted initial annual production of 15,000 ounces commencing in Q4 2025. The company operates exclusively in Canada, serving institutional investors and shareholders through its CSE-listed (BLLG), OTCQB (BLAGF), and FSE (7BL) listings. Formerly known as Blue Lagoon Capital Inc., it changed its name in December 2018 to reflect its resource focus. Recent developments include the official opening of Dome Mountain Gold Mine on July 11, 2025; commissioning of the Moving Bed Biofilm Reactor water treatment system and start of underground operations on September 15, 2025; receipt of first blasting material delivery and underground mining commencement on September 25, 2025; extension of the milling agreement with toll mill partner Nicola Mining to 10 years on September 29, 2025; completion of multiple private placement tranches totaling $4.87 million in early 2025 from strategic investors including Crescat Capital, Phoenix Gold Fund, and Nicola Mining; securing a $2 million line of credit from Nicola Mining on June 23, 2025; passing government inspections and completing the water treatment plant by June 30, 2025; formation of a mining committee in February 2025 to oversee the production transition; addition to the CSE25 Index on June 26, 2025; selection for PDAC’s 2026 Sustainability Award on November 5, 2025; and a president's update on November 10, 2025, highlighting optimal market timing amid advancing underground mining.
Blue Lagoon Surpasses $10 Million In Revenue As Dome Mountain Production Rises To 125 Tonnes Per Day
Blue Lagoon Attains Commercial Production and Announces Strategic Equity Investment by Ocean Partners
Blue Lagoon Reaches 100 Tonnes Per Day Milestone, Doubles Production Crew with Second Mining Contractor and Advances Toward 150 Tonnes Per Day
Blue Lagoon's Milling Partner has Processed 3,000 Tonnes of Dome Mountain Material Producing Over 210 Tonnes of Gold & Silver Concentrate
Blue Lagoon Resources Wins Prestigious 2026 PDAC Sustainability Award
Blue Lagoon Resources Completes Second Sale of $1.4 Million of Dome Mountain Mineralized Material - Milling Now Underway
Blue Lagoon Marks One-Year Anniversary of Mining Permit Receipt as Gold & Silver Price Outlook Strengthens and Operational Milestones Accelerate
Blue Lagoon Milling Partner Nicola Mining Shifts Focus Exclusively to Blue Lagoon's Gold & Silver Mineralized Material
Blue Lagoon Jumps 50% With Transition To Gold Production
Blue Lagoon Adds Second Underground Shift as Dome Mountain Moves Into Higher-Throughput Phase
Blue Lagoon Engages Hillside Media for Corporate Awareness Digital Marketing
Nicola Mining and Blue Lagoon Receive First Payment for Gold and Silver Under Long Term Partnership
Blue Lagoon's Underground Production Ramps Up
Blue Lagoon Sells ~C$1 Million of Gold and Silver from Dome Mountain's Initial Production to Ocean Partners
Blue Lagoon Delivers 1,000 Tonnes to Milling Partner - Processing Expected to Begin by Week's End
Blue Lagoon Resources -- President's Update
Blue Lagoon Resources Selected for PDAC's 2026 Sustainability Award
Blue Lagoon Highlights Optimal Market Timing as Underground Mining Advances at Dome Mountain
Blue Lagoon Extends Milling Agreement with Nicola Mining to 10 Years, Securing Long-Term Processing of Dome Mountain Mineralized Material
Blue Lagoon Receives First Delivery of Blasting Material at Dome Mountain, Underground Mining Commences