Business
Blue Lagoon Sells ~C$1 Million of Gold and Silver from Dome Mountain's Initial Production to Ocean Partners
(TheNewswire)   December 30 , 2025 – TheNewswire - Vancouver, British Co...
About this update from Blue Lagoon Resources Inc
[{"type":"text","content":"Blue Lagoon Sells ~C$1 Million of Gold and Silver from Dome Mountain's Initial Production to Ocean Partners\n(TheNewswire)\n \n\nDecember 30, 2025 – TheNewswire - Vancouver,\nBritish Columbia – Blue Lagoon Resources\nInc. (“Blue Lagoon” or the\n“Company”) (CSE: BLLG; OTCQB: BLAGF; FSE: 7BL) is pleased to announce that it has made\nits first sale of gold and silver to Ocean Partners UK Limited\n(“Ocean Partners”) from the Dome Mountain mineralized material\nthat was delivered earlier this month to the Company’s milling\npartner, Nicola Mining Inc. (“Nicola”), for processing.\n\n\nThe Company expects to receive C$970,000 in connection with this initial delivery, representing its\nfirst sale related to production from Dome Mountain.\n\n\nThis payment represents an advance on the first\nshipment of approximately 1,000 tonnes of mineralized material\ndelivered to Nicola, as processing has not yet occurred due to\nscheduled mill maintenance. Final settlement is expected following\nprocessing and is subject to customary adjustments, including final\nassays and prevailing metal prices at the time of settlement.\n\n\nFollowing a brief Christmas holiday break, underground\ndevelopment, production and shipments of mineralized material are\nexpected to resume in the first week of January. Further disclosure\nregarding the grades of the initial shipment will be provided\nfollowing processing of the material by Nicola.\n\n\nThe Company views this milestone as a significant\ninflection point, marking Blue Lagoon’s transition from a\npre-revenue to a revenue-generating mining company, joining a select\ngroup of junior mining companies that have successfully advanced from\ndevelopment into production and sale of gold and silver.\n\n\n“This sale marks a significant milestone for Blue\nLagoon,” said Rana Vig, President & CEO. “The Company is now\nfocused on continued execution as we advance on development and\nproduction activities, increase throughput, and work toward\nconsistent, steady-state operations,” he added.\n\n\nThe Company also announces that it has granted an\naggregate of 3,000,000 restricted share units (“RSUs”) and 200,000\nstock options to certain directors, officers, management and\nconsultants of ...