- Blue Lagoon (CSE:BLLG) receives a draft mine permit for its 100 per cent owned Dome Mountain Gold Project in British Columbia.
- The permit brings the project closer to operational status and gold production
- Endorsed by provincial authorities and local stakeholders, with plans to finalize the permit in collaboration with the Lake Babine Nation
- Shares of Blue Lagoon are up 4.76 per cent to C$0.11 as of 11:57 a.m. ET
Blue Lagoon Resources Inc. (CSE: BLLG) has announced a significant milestone in the development of its 100 per cent owned Dome Mountain Gold Project in B.C.
In a news release, the company stated that it has received the draft mine permit from the British Columbia Ministry of Energy, Mines and Low Carbon Innovation, marking an important step towards initiating production at the site.
The draft permit outlines the regulatory framework for mining activities at Dome Mountain, a project that has demonstrated significant potential for gold and other valuable resources.
Receiving the permit also sets the stage for final approval and eventual production at the site. and reflects strong support from both provincial authorities and local stakeholders, underscoring Blue Lagoon’s commitment to meeting the highest environmental, safety, and community standards.
“This is a pivotal moment for our company, and it validates our team’s hard work and dedication,” Rana Vig, CEO of Blue Lagoon Resources, said in a release. “The draft permit moves us one step closer to gold production and aligns with our goal to drive long-term growth and create value for our shareholders.”
The company now plans to collaborate closely with regulatory authorities and the Lake Babine Nation to address any remaining requirements necessary for finalizing the permit. Once the final permit is issued, Blue Lagoon will be ready to move forward with production plans at Dome Mountain.
Blue Lagoon Resources is focused on the exploration and development of precious metal projects in Canada. The Dome Mountain Gold Project is located within the prolific Golden Triangle area of B.C.
Shares of Blue Lagoon are up 4.76 per cent to C$0.11 as of 11:57 a.m. ET.
Join the discussion: Find out what everybody’s saying about this stock on the Blue Lagoon Resources Bullboard investor discussion forum, and check out the rest of Stockhouse’s stock forums and message boards.
The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.
(Top image: Blue Lagoon Resources)
