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Blue Lagoon Extends Milling Agreement with Nicola Mining to 10 Years, Securing Long-Term Processing of Dome Mountain Mineralized Material
(TheNewswire) September 29, 2025 – TheNewswire - Vancouver, British ...
About this update from Blue Lagoon Resources Inc
[{"type":"text","content":"Blue Lagoon Extends Milling Agreement with Nicola Mining to 10 Years, Securing Long-Term Processing of Dome Mountain Mineralized Material\n\n\n (TheNewswire)\n \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n September 29, 2025\n \n\n –\n \n\n TheNewswire -\n \n\n Vancouver,\nBritish\n \n\n Columbia\n \n\n –\n \n\n Blue\n \n\n Lagoon\n \n\n Resources\n \n\n Inc.\n \n\n (“\n \n\n Blue\nLagoon\n \n\n ” or the “\n \n\n Company\n \n\n ”)\n \n\n (CSE:\n \n\n BLLG\n \n\n ;\n \n\n OTCQB:\n \n\n BLAGF\n \n\n ;\nFSE:\n \n\n 7BL\n \n\n )\n \n is pleased to announce that it has signed an amended\nand restated Mining and Milling Partnership agreement with Nicola\nMining Inc. (“\n \n Nicola\nMining\n \n ” or “\n \n Nicola\n \n ”) (TSXV:\n \n NIM\n \n ), extending the partnership to a 10-year term. The\nagreement secures a long-term processing solution for mineralized\nmaterial from the Company’s recently permitted high-grade Dome\nMountain Gold Project (“\n \n Dome\nMountain\n \n ”), located near Smithers, British Columbia.\n \n\n Nicola Mining operates a state-of-the art, fully permitted mill and is\nalso an equity shareholder of Blue Lagoon.\n \n\n Today’s announcement further strengthens the long-standing\nrelationship between the two companies, building on Nicola’s\npreviously announced $2 million unsecured line of credit to Blue\nLagoon on June 23, 2025. At that time, Nicola’s CEO emphasized the\nshared vision and strategic alignment between the two companies — a\nsentiment that continues to be demonstrated through this 10-year toll\nmilling extension.\n \n\n This strategic alignment provides\nconfidence that Dome Mountain mineralized material will always be\ngiven priority access to mill capacity, even as Nicola services other\nclients.\n \n\n “Securing this long-term agreement with Nicola is a critical step in\nour transition from development to production,” said\n \n\n Rana\nVig, President & CEO of Blue Lagoon Resources\n \n\n .\n“This 10-year commitment ensures Dome Mountain has a reliable and\nefficient pathway for processing mineralized material and concentrate\nsales, underscoring our ability to move quickly toward near-term cash\nflow as we work to expand our project, all without Company’s\ndilut...