OTC : BLAGF
$0.01 (1.95%)
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Blue Lagoon Attains Commercial Production and Announces Strategic Equity Investment by Ocean Partners
May 19, 2026 – TheNewswire - Vancouver, British Columbia – Blue Lagoon Resources Inc. (CSE: BLLG; OTCQB: BLAGF; FSE: 7BL) reports that it has officially attained commercial production at its 100% owned Dome Mountain Gold and Silver Project, located near Smithers, British Columbia. Commercial production was declared after the Company maintained underground mining rates in excess of an average of 100 tonnes per day for more than 30 consecutive days, exceeding the threshold commonly used in the mining industry for commercial production status. Under the Company's current mining permit, Dome Mountain is permitted to mine up to 55,000 tonnes annually, with commercial production generally recognized as achieving at least 60% of permitted throughput on a sustained basis, which in the Company's case equates to approximately 90 tonnes per day. thenewswire.com - 2026-05-19 08:05:00 |
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Blue Lagoon Reaches 100 Tonnes Per Day Milestone, Doubles Production Crew with Second Mining Contractor and Advances Toward 150 Tonnes Per Day
April 17, 2026 – TheNewswire - Vancouver, British Columbia – Blue Lagoon Resources Inc. (the “Company”) (CSE:BLLG; OTCQB: BLAGF; FSE:7BL) is pleased to provide an operational update from its 100-per-cent-owned Dome Mountain gold and silver mine near Smithers, B.C., reporting a series of significant operational and organizational milestones as the ramp-up toward steady-state production continues. Production reaches 100 tonnes per day thenewswire.com - 2026-04-17 08:10:00 |