Blue Lagoon Resources Inc
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Company Description
- CEO
- Rana Vig
- Full Time Employees
- - -
- Sector
- Non-energy minerals
- Industry
- Other metals/Minerals
- Address
- 750 West Pender Street Vancouver BC Canada V6C 2T8
- IPO Date
- Jul 4, 2019
- Website
- bluelagoonresources.com
- Similar Companies
- Business
- Blue Lagoon Resources Inc. (CSE: BLLG) is a Vancouver-based mineral exploration and development company founded in 2017 that acquires, explores, and evaluates mineral properties in Canada, primarily focusing on high-grade gold deposits. The company holds 100% ownership of its flagship Dome Mountain Gold Project, comprising 26 contiguous mining claims spanning 21,541 hectares near Smithers in northwest British Columbia, as well as the early-stage Pellair Gold Project and Big Onion Project; it advances these assets through drilling programs, geophysical surveys, soil sampling, and underground mining operations utilizing a toll milling agreement with Nicola Mining Inc. for processing mineralized material into gold and silver concentrates. Blue Lagoon targets junior miners, institutional investors, and local communities in British Columbia's prolific gold belt, leveraging road access, power infrastructure, and year-round operations at Dome Mountain, a fully permitted historic high-grade mine with over 15 known veins, only 10% of which have been explored. In recent developments, Blue Lagoon received final mining permits in February 2025—one of only nine issued in British Columbia since 2015—commissioned its MBBR water treatment system, passed government inspections, and officially opened the Dome Mountain Gold Mine in July 2025, with underground mining commencing in September 2025 following the first delivery of blasting materials; gold production started in Q4 2025. The company strengthened its treasury through multiple private placement tranches closed by April 2025, including investments from Crescat Capital, Phoenix Gold Fund, and Nicola Mining, secured a $2 million line of credit from Nicola Mining in June 2025, extended its milling agreement with Nicola Mining to 10 years in September 2025, formed a mining committee in February 2025, and was added to the CSE25 Index in June 2025 while earning selection for PDAC's 2026 Sustainability Award. These milestones position Blue Lagoon as a transitioning gold producer funded for initial operations and exploration growth without short-term debt.
Company News
Blue Lagoon Records Its First Finalized Gold And Silver Production From Dome Mountain
Blue Lagoon Starts Drilling at Dome Mountain Gold Mine
Blue Lagoon to Start Drilling at Its Dome Mountain Gold Project
Nicola Mining and Its Partner Ocean Partners Provide $10.0 Million in Financing to Blue Lagoon Resources Inc.
Blue Lagoon Announces C$10 Million Strategic Investment by Nicola Mining and Ocean Partners
Blue Lagoon Files Annual Financial Statements and Provides Comment on Temporary Cease Trade Order
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
THE Mining Investment Event Announces 2026 Issuers and Welcomes New and Returning Partners
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