Blue Lagoon Resources set to launch gold production in B.C. after securing mining permit
4Blue Lagoon Resources CEO Rana Vig joined Steve Darling from Proactive to share a major milestone for the company as it prepares to commence gold production at its fully permitted underground mine in British Columbia. This milestone follows the receipt of a hard-won mining permit in February 2025, making Blue Lagoon one of just nine companies in the province to secure such a permit in the past decade—a significant regulatory achievement.
Vig confirmed that all key infrastructure is now in place, including the completion of a state-of-the-art water treatment plant, which was the final component required before commencing operations. With 1,000 metres of underground development already completed, the company is ready to begin production shortly after its official opening ceremony scheduled for July 9th.
Blue Lagoon is targeting an initial 15,000 ounces of gold production in its first year, with an expected increase to 20,000 ounces in the second year. The company is fully funded for this ramp-up, having recently raised nearly $5 million in equity, and secured an unsecured $2 million line of credit—notably, without pledging its mineral assets as collateral.
Vig emphasized the long-term potential of the Dome Mountain project, noting that only 10% of the 22,000-hectare property has been explored to date. Recent drilling results have uncovered high-grade gold mineralization below the known resource area, pointing to strong upside for future resource expansion.
Another key advantage of the project is its year-round accessibility by road, eliminating the need for costly camps or helicopter logistics. This infrastructure efficiency allows for continuous operations and contributes to lower operational costs.
With production imminent and exploration potential still largely untapped, Blue Lagoon Resources is positioning itself as one of the few junior gold producers in British Columbia with near-term cash flow and long-term growth potential.
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