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.
Imperial Metals Corporation (TSX:III) reports that 2025 metal pro... READ MORE
Ascot Resources Ltd. (TSX-V: AOT.H) (OTCID: AOTVF) is pleased to ... READ MORE
Hoyle Pond1 S Zone: High-grade intersections confirm potential to... READ MORE
First Quantum Minerals Ltd. (TSX: FM) reports results for the three mont... READ MORE
Fireweed Metals Corp. (TSX-V: FWZ) (OTCQX: FWEDF) and the Ross Ri... READ MORE