Proactive - Interviews for investors

Gold Production begins at Blue Lagoon Resources

Episode Summary

Blue Lagoon Resources CEO Rana Vig joined Steve Darling from the Vancouver Resources Investment Conference to share news about the company’s successful transition into gold and silver production at its high-grade underground mine near Smithers, British Columbia. Vig explained that Blue Lagoon has started generating revenue, shipping its first 1,000 tonnes of material and receiving a $1 million payment. “We just started actual production in November... there’s no better time to be in production,” Vig said, citing strong gold and silver prices and the high-grade nature of the mine — averaging nine grams per tonne. The company’s strategy is to reinvest cash flow into exploration. Vig said only 10% of its 22,000-hectare land package has been explored so far. “We have a huge 18km strike length that hasn’t been touched yet,” he noted. Drilling will resume in the summer, with infill and exploration programs planned to expand resources, especially targeting a clear path to over one million ounces on a single vein. Blue Lagoon has already completed 50,000m of drilling since acquiring the project in 2020. Investors can expect further news as production ramps up and new opportunities are evaluated. Vig hinted at potential growth initiatives, stating, “Even when you have money, you get a seat at the table.” #proactiveinvestors #bluelagoonresources #otcqb #blagf #cse #bllg #vric2026 #GoldMining #SilverMining #JuniorMining #CanadianMining #SmithersBC #MiningStocks #GoldProduction #ResourceExploration #RanaVig #ProactiveInvestors #OTCQB #BLAGF