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"


NEVGOLD ANNOUNCES CLOSING OF UPSIZED $42M BROKERED PRIVATE PLACEMENT FINANCING

NevGold Corp. (TSX-V:NAU) (OTCQX:NAUFF) (Frankfurt:5E50) is pleas... READ MORE

May 12, 2026

LaFleur Expands Swanson Gold Deposit System, Confirming Strong Continuity with 2.95 g/t Au over 80.00 metres and 2.37 g/t Au over 88.05 metres

LaFleur Minerals Inc. (CSE: LFLR) (OTCQB: LFLRF) (FSE: 3WK0) is ... READ MORE

May 12, 2026

NIOB Seigneurie Step-out Drilling Confirms Pegmatite System Extends Laterally Over 1.5 kilometres

Another hole of winter drill program returns 53.05 cumulative met... READ MORE

May 12, 2026

Midland Exploration Completes a First Tranche of $2.2 Million Private Placement

Midland Exploration Inc. (TSX-V: MD) is pleased to announce that ... READ MORE

May 12, 2026

Altamira Gold Intersects Additional Mineralized Porphyry outside the Maria Bonita Mineral Resource, Extending the Exploration Footprint within the Cajueiro District, Brazil

Vancouver, BC, May 12, 2026: Altamira Gold Corp.’s (TSX-V: ALTA... READ MORE

May 12, 2026

Copyright 2026 The Prospector News