Malibu, CA, May 19, 2025 AEST (ABN Newswire) - Join host Ellis Martin on Money Talk Radio for an in-depth conversation with Rana Vig, the CEO of Blue Lagoon Resources (
CNSX:BLLG) (
BLAGF:OTCMKTS). Broadcasting from the One-to-One Mining Conference in London, this interview dives into the exciting developments at the company's Dome Mountain Gold Project in British Columbia.
Blue Lagoon Resources is entering a transformative phase. With final mine permits secured, the company is preparing for full-scale underground mining, targeting annual production of 15,000 ounces of gold. Production could begin as early as July of this year, making this a near-term gold producer in a mining-friendly jurisdiction.
Rana Vig discusses how the company is putting key infrastructure and personnel in place, along with a toll milling agreement with Nicola Mining to ensure efficient gold processing. A water treatment facility is also being installed as part of the final steps before launching operations.
With more than 35 years of entrepreneurial experience, Vig has built successful ventures across multiple industries including mining, cannabis, and energy. His leadership has included major financing milestones such as a $300 million cannabis deal in 2018. As the founder of Blue Lagoon Resources, Vig has positioned the company for success by securing a rare mining permit - one of only nine granted in the last decade in British Columbia.
In this interview, Vig outlines the company's two-pronged strategy post-production:
Resource Expansion - Blue Lagoon has already completed over 50,000 meters of drilling between 2021 and 2023 and has a clear pathway to a million ounces of gold. Infill drilling will begin as cash flow ramps up, without diluting shareholders through low-price financings.
Strategic Growth - With cash in hand, the company will explore M&A opportunities, and has already attracted interest from potential suitors. Vig emphasizes the value of being in a position of strength - "people want to talk to you when you have money in the bank."
As gold prices soar above USD$3,200 per ounce, Blue Lagoon Resources stands out as a well-positioned junior with near-term production, significant upside, and a roadmap for organic growth and potential acquisition.
If you're looking to gain exposure to the precious metals sector, this is a company to watch. The equity markets haven't yet caught up to the commodity surge, and early investors could benefit from the disconnect.
To Listen to the Interview, please visit;
https://www.abnnewswire.net/lnk/GUJE02HY
About Blue Lagoon Resources Inc.
Blue Lagoon Resources is a Canadian based publicly listed mining company (CNSX:BLLG) (OTCMKTS:BLAGF) focused on building shareholder value through the aggressive development of its 100% owned Dome Mountain Gold project. The Company is run by professionals with significant finance and mining experience and operates within a prime mining jurisdiction in British Columbia, Canada. With the granting of a full mining permit, a key milestone achieved in February 2025 - one of only nine such permits issued in British Columbia since 2015 - Blue Lagoon is now focused on last preparatory activities and tasks related to the safe and secure opening of the Dome Mountain Gold Mine, targeting Q3 2025 as the start of gold production.
The Company is not basing its production decision at Dome Mountain on a feasibility study of mineral reserves demonstrating economic and technical viability. The production decision is based on having existing mining infrastructure, past bulk sampling and processing activity, and the established mineral resource. The Company understands that there is increased uncertainty, and consequently a higher risk of failure, when production is undertaken in advance of a feasibility study.
About The Ellis Martin Report
The Ellis Martin Report (TEMR) is an internet based radio program showcasing potentially undervalued companies to an audience of potential retail investors and fund managers that comprise our listening audience. TEMR is broadcasted on the VoiceAmerica Business Channel and The Opportunity Radio Network. CEO and company interviews are paid for by those represented on the program.
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