The Prospector News

Prospector News – Rana Vig: Blue Lagoon Resources to Restart Gold Production Next Week

You have opened a direct link to the current edition PDF

Open PDF Close
Uncategorized

Share this news article

Prospector News – Rana Vig: Blue Lagoon Resources to Restart Gold Production Next Week

 

 

 

 

Blue Lagoon Resources Inc. (CSE: BLLG) (OTCQB: BLAGF) (FSE: 7BL), led by Rana Vig, is set to restart underground mining at its high-grade gold mine in northern British Columbia starting September 24th. With a recently completed water treatment plant, the operation will begin at 100 tons per day, aiming to ramp up to 150 tons and deliver ore to their mill partner within four weeks. The company targets producing 15,000 ounces of gold in the first year, increasing to 20,000 ounces in year two, generating cash flow by November. Blue Lagoon holds a 22,000-hectare land package with strong exploration potential, backed by 50,000 meters of drilling since 2020. Their long-term goal is to use production revenue to fund expansive exploration for over one million ounces of gold. Follow their journey and consider the opportunity at a modest market cap.

 

Blue Lagoon Resources 

Posted September 18, 2025

Share this news article

MORE or "UNCATEGORIZED"


Hudbay Provides Annual Reserve and Resource Update with Mine Life Extensions and Improved Three-Year Production Outlook

Hudbay Minerals Inc. (TSX:HBM) (NYSE: HBM) today released its ann... READ MORE

March 27, 2026

OREZONE GOLD COMPLETES STRATEGIC ACQUISITION OF CASA BERARDI GOLD MINE AND QUEBEC EXPLORATION PORTFOLIO AND REPORTS FOURTH QUARTER 2025 RESULTS

Strategic acquisition of an established operating gold mine, loca... READ MORE

March 27, 2026

Cerro de Pasco Resources Secures Access Agreement Over Entire Quiulacocha Tailings Area, Enabling Next Phase of Project Development

Cerro de Pasco Resources Inc. (TSX-V: CDPR) (OTCQB: GPPRF) (FRA: ... READ MORE

March 26, 2026

SAGA Metals Acquires Strategic Titanium Assets from Rio Tinto in Quebec

The Garneau Titanium Project Features Ilmenite-Rich Boulder with ... READ MORE

March 26, 2026

ValOre Reports Positive Leaching Results from Ongoing Metallurgical Program for Pedra Branca PGM Project, Brazil; 73% Platinum and 74% Palladium Achieved Extraction from Weathered Material and 66% Platinum and 79% Palladium from Chromitite;

ValOre Metals Corp. (TSX‐V: VO) (OTCQB: KVLQF) (Frankfurt: KEQ0... READ MORE

March 26, 2026

Copyright 2026 The Prospector News