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Blue Lagoon Receives Draft Mine Permit for Its Dome Mountain Gold Project

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Blue Lagoon Resources has received a draft mine permit from the British Columbia Ministry of Energy, Mines and Low Carbon Innovation for its 100% owned Dome Mountain Gold Project near Smithers, BC. This milestone advances the project toward production status. The draft permit establishes the regulatory framework for mining activities and demonstrates support from provincial authorities and local stakeholders. The company will collaborate with regulatory authorities and the Lake Babine Nation to finalize the permit requirements before proceeding to full production.

Blue Lagoon Resources ha ricevuto una bozza di permesso minerario dal Ministero dell'Energia, Miniere e Innovazione a Basso Carbonio della Columbia Britannica per il suo Dome Mountain Gold Project, di cui detiene il 100% vicino a Smithers, BC. Questo traguardo avanza il progetto verso lo stato di produzione. La bozza del permesso stabilisce il quadro normativo per le attività minerarie e dimostra il supporto delle autorità provinciali e degli attori locali. L'azienda collaborerà con le autorità regolatorie e la Nazione di Lake Babine per finalizzare i requisiti del permesso prima di procedere alla produzione completa.

Blue Lagoon Resources ha recibido un borrador de permiso de minería del Ministerio de Energía, Minas e Innovación de Bajo Carbono de Columbia Británica para su Dome Mountain Gold Project, del cual posee el 100% cerca de Smithers, BC. Este hito avanza el proyecto hacia el estado de producción. El borrador del permiso establece el marco regulatorio para las actividades mineras y demuestra el apoyo de las autoridades provinciales y de las partes interesadas locales. La empresa colaborará con las autoridades reguladoras y la Nación Lake Babine para finalizar los requisitos del permiso antes de proceder a la producción completa.

블루 라군 리소스는 브리티시 컬럼비아 에너지, 광업 및 저탄소 혁신부로부터 스미더스, BC 근처에 있는 100% 소유의 돔 마운틴 금 프로젝트에 대한 광산 허가 초안을 받았습니다. 이 이정표는 프로젝트를 생산 준비 상태로 발전시킵니다. 허가 초안은 광업 활동을 위한 규제 틀을 설정하고 주 정부 당국 및 지역 이해관계자들의 지원을 입증합니다. 회사는 규제 당국 및 레이크 바빈 네이션과 협력하여 완전한 생산에 들어가기 전에 허가 요건을 최종화할 것입니다.

Blue Lagoon Resources a reçu un projet de permis minier du Ministère de l'Énergie, des Mines et de l'Innovation à faible carbone de la Colombie-Britannique pour son Dome Mountain Gold Project, dont il est propriétaire à 100 % près de Smithers, BC. Cette étape fait progresser le projet vers un statut de production. Le projet de permis établit le cadre réglementaire pour les activités minières et démontre le soutien des autorités provinciales et des parties prenantes locales. L'entreprise collaborera avec les autorités réglementaires et la nation Lake Babine pour finaliser les exigences du permis avant de passer à la production complète.

Blue Lagoon Resources hat einen Entwurf für eine Bergbauerlaubnis vom Ministerium für Energie, Bergbau und Innovation mit geringem Kohlenstoffausstoß von British Columbia für sein zu 100% im Besitz befindliches Dome Mountain Gold Project in der Nähe von Smithers, BC, erhalten. Dieser Meilenstein bringt das Projekt in Richtung Produktionsstatus voran. Der Entwurf der Genehmigung legt den regulatorischen Rahmen für Bergbauaktivitäten fest und zeigt die Unterstützung der Provinzbehörden und lokalen Interessengruppen. Das Unternehmen wird mit den Regulierungsbehörden und der Lake Babine Nation zusammenarbeiten, um die Genehmigungsanforderungen vor der vollständigen Produktion abzuschließen.

Positive
  • Receipt of draft mine permit brings project closer to production phase
  • 100% ownership of Dome Mountain Gold Project
  • Support from provincial authorities and local stakeholders demonstrated
Negative
  • None.

VANCOUVER, BC / ACCESSWIRE / November 14, 2024 / Blue Lagoon Resources Inc. (the "Company") (CSE:BLLG)(FSE:7BL)(OTCQB:BLAGF) is pleased to announce that it has received the draft mine permit for its 100% owned Dome Mountain Gold Project, located near the town of Smithers in British Columbia, Canada. This milestone brings the Company one step closer to initiating production and advancing the project towards operational status.

The draft permit, issued by the British Columbia Ministry of Energy, Mines and Low Carbon Innovation, outlines the regulatory framework for mining activities at Dome Mountain. Receiving the draft permit is a key milestone in the advancement of the project, which has shown significant potential for gold and other valuable resources. The receipt of the draft permit reflects the strong support of both provincial authorities and local stakeholders, emphasizing Blue Lagoon's commitment to meeting the highest environmental, safety, and community standards.

"We are thrilled to receive the draft mine permit for Dome Mountain," said Rana Vig, President & CEO of Blue Lagoon Resources. "This is a pivotal moment for our Company and validates our team's hard work, dedication, and commitment to creating value. The draft permit not only brings us closer to gold production but also aligns with our goal to drive long-term growth and value for our shareholders."

The Company will now work closely with regulatory authorities and the Lake Babine Nation to fulfill any remaining requirements to finalize the permit, with plans to proceed to full production upon its issuance. Blue Lagoon remains committed to maintaining sustainable practices and ensuring the responsible development of Dome Mountain in harmony with community interests.

For further information, please contact:

Rana Vig
President and Chief Executive Officer
Telephone: 604-218-4766
Email: rana@ranavig.com

The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Statement Regarding Forward-Looking Information: This release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address events or developments that Blue Lagoon Resources Inc. (the "Company") expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include results concluding permitting and other approvals, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.

SOURCE: Blue Lagoon Resources Inc.



View the original press release on accesswire.com

FAQ

What milestone did Blue Lagoon Resources (BLAGF) achieve for its Dome Mountain Gold Project?

Blue Lagoon Resources received a draft mine permit from the British Columbia Ministry of Energy, Mines and Low Carbon Innovation for its Dome Mountain Gold Project.

Where is Blue Lagoon Resources' (BLAGF) Dome Mountain Gold Project located?

The Dome Mountain Gold Project is located near the town of Smithers in British Columbia, Canada.

What are the next steps for Blue Lagoon Resources (BLAGF) after receiving the draft mine permit?

The company will work with regulatory authorities and the Lake Babine Nation to fulfill remaining requirements to finalize the permit before proceeding to full production.

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