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Blue Lagoon Resources - On Track to be BCs Next Gold Producer with Big "Blue Sky" Potential

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Thu, June 24, 2021 at 12:00 PMendedReplay
Blue Lagoon Resources - On Track to be BCs Next Gold Producer with Big "Blue Sky" Potential

Investor webinar replay

Meeting Overview The meeting was a live investment summit hosted by Blue Lagoon Resources, featuring CEO Rana Vig. The discussion focused on the company's progress towards near-term production at the Dome Mountain project, updates on infrastructure, and future exploration plans. Key Discussion Points - Overview of Blue Lagoon Resources and its projects. - Near-term production timeline for the Dome Mountain project, expected within months. - Completion of key infrastructure, including the water treatment plant. - Current status of mineralized material and toll milling agreement with Nicola Mining. - Exploration potential with high-grade veins and untested areas on the property. - Financial implications of moving mineralized material to the mill. Decisions Made - No explicit decisions recorded. Action Items & Next Steps - [Unassigned] : Submit water treatment plant trial results to the ministry and update reclamation plans by the end of August. - [Unassigned] : Continue trucking miner...

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Speaker profile Rana Vig

Rana Vig

CEO and Director at Blue Lagoon Resources

Mr. Vig has over 30 years of business experience during which time he has helped to launch five business ventures in private industry. He has been involved in several publicly traded companies since 2010. From 2011 to 2016 Mr. Vig served as President of Musgrove Minerals, an Idaho focused gold and copper mining exploration company, and from 2013 to 2016, he was the Chairman and CEO of Continental Precious Minerals, a TSX senior board exploration company with a focus on advancing one of the largest uranium projects in the world, located in Sweden. A true entrepreneur with the ability to identify early trends, in 2018, Mr. Vig became the CEO of Lead Ventures and led its re-structuring by acquiring Curaleaf Holdings Inc. (CURA) which raised $520 million, making it the largest Canadian cannabis financing in history. Also in 2018, Mr. Vig was invited to take the helm of Rockbridge Resources, a failed Oil and Gas venture, which he re structured by acquiring Harvest Health & Recreation (HARV) that closed a $300 million financing – making it the third largest cannabis financing of 2018. Believing that the mining industry, and gold in particular, was about to enter into the next commodities super cycle, he has turned his attention to his latest venture, Blue Lagoon Resources, a gold focused company that holds both, the highly sought after environmental permit, as well as a mining permit. In November 2017, he was invited to the Canadian Senate to receive the Senate 150th Anniversary Medal – which were awarded to top Canadians actively involved in their communities who, through generosity, dedication and hard work, make their hometowns and communities, a better place to live.

Replay transcript excerpt

Speaker 1: Hello, everyone, and welcome to Blue Lagoon Resources live investment summit today hosted by 6. Today we're joined by Rana Vig, Blue Lagoon CEO. Speaker 1: And today he's going to walk us through his company presentation. Afterwards, we'll move to the live Q&A session where we'll be accepting and answering some questions. You can submit your questions using the Q&A panel found on the right hand side of your screen at any time. And as always, the summit is being recorded and will be available to watch afterwards on six.com. Speaker 1: So without further ado, Rana, I'm gonna hand it over to you to take it away. Well, thanks very much, Cameron. Thanks for hosting this. I really appreciate it. Welcome everybody. Speaker 2: It's great to be here and share our story with you. We're very excited for those of you who have Speaker 2: seen this before or seen some of my presentations before. Hopefully Speaker 2: you'll get a nice update. And for those of you who are viewing this for the 1st time I'm gonna share the story with you Speaker 2: and then take it from there. And of course, before we get started just the traditional Speaker 2: disclaimers. Speaker 2: You could go to our website. Speaker 2: Our presentation is there and you can read the forward looking statements there Speaker 2: and and learn all about it. Speaker 2: So look Blue Lagoon Resources there are 3 keys to our project. Speaker 2: And that's what's really exciting about it. Number 1, we're near-term Speaker 2: production. And when I say near-term, I really mean truly near-term. We are just literally, in our opinion, months away from getting this into production. Speaker 2: See this project, we acquired it, called Dome Mountain. We acquired it just about 14 months ago. Wonderful people. They had sp...

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