Blue Lagoon ready to commission water treatment at Dome

Executive Summary

• Blue Lagoon Resources announces the commissioning of its Moving Bed Biofilm Reactor (MBBR) water treatment system at the Dome Mountain project and confirms the start of underground mining operations.
• Underground mining is scheduled to commence on September 24, 2025, with a planned production ramp-up to 100 tonnes per day (tpd) within four weeks and 150 tpd within 12 weeks.
• The company has established a mutual aid agreement with New Gold Inc. for emergency support and appointed Mike McCartin to lead the underground program, targeting Q3 2025 for the start of gold production.

Key Details

• Water Treatment System: The MBBR system is ready for commissioning; designed to treat up to 400 L/minute, while current output is 20–40 L/minute, providing ample capacity for scaling.
• Mining Start Date: Underground mining operations officially commence on September 24, 2025, beginning with development work.
• Production Targets:
  • Ramp up to 100 tpd within four weeks of start.
  • Ramp up to 150 tpd within 12 weeks.
  • Expectation of five to six working faces exposed by the 12-week mark to ensure operational flexibility.
• Waste Management: All mine waste will remain underground to align with environmental and regulatory commitments.
• Strategic Partnerships: Signed a mutual aid agreement with New Gold Inc. to ensure rapid access to additional emergency support.
• Personnel & Protocols:
  • Mike McCartin (seasoned underground mining geologist) will lead the underground program, overseeing daily operations and staff training.
  • A senior mining engineer from Roughstock Mining Services will establish mining protocols, SOPs, and underground surveying requirements.
• Regulatory Status: Dome Mountain is one of only nine projects permitted in British Columbia since 2015; full mining permit was granted in February 2025.
• Production Basis: The production decision is based on existing infrastructure, past bulk sampling, and established mineral resources, rather than a completed feasibility study, acknowledging increased uncertainty and risk.

Notable Quotes

• "As we commission the MBBR system and prepare to send our crews underground to commence operations, Blue Lagoon is entering a transformational phase... Dome Mountain is rare in British Columbia, one of only nine projects permitted since 2015, and we are proud to be advancing it responsibly, with safety and environmental care at the forefront." — Rana Vig, President and CEO