Blue Lagoon's First Gold and Silver Production at Dome Mountain

Blue Lagoon Resources Inc. has reported its first finalized production of gold and silver from the Dome Mountain Mine near Smithers, British Columbia. Between mid-November 2025 and September 2026, the company transported 21,400 tonnes of material to a milling facility owned by Nicola Mining Inc. Approximately 17,400 tonnes have been processed, yielding 992 ounces of gold and 4,181 ounces of silver from 341.6 DMT of concentrate. The remaining 4,000 tonnes await processing.

Gold grades have improved to 8.0-10.0 g/t, enhancing recovery rates to about 92%. The mine has increased underground development, expanding its operational capacity. Blue Lagoon received around CDN $16.5 million in provisional payments for the initial shipments, representing roughly 85% of the provisional value.

Further concentrates totaling 875 DMT have been shipped, pending final assay results. Blue Lagoon continues investing in infrastructure to support ongoing mining and processing activities.