Blue Lagoon Resources (CSE: BLLG; US-OTC: BLAGF) has restarted the Dome Mountain gold mine near Smithers, British Columbia, without building its own plant, a rare option for a small miner in the province.
After about three months underground, daily Dome Mountain production is nearing the initial 100 tonnes target before ramping to its permitted 150-tonne daily rate, CEO Rana Vig told The Northern Miner video host Devan Murugan.
“A lot of people told me, ‘Why don’t you just get your own mill?’” he said this month at the PDAC event in Toronto. “We can do that, but we’re looking at a $50-million to $70-million minimum capital cost and probably 10 years in permitting. Why would we want to miss this gold cycle?”
Dome Mountain material is trucked to Nicola Mining (TSXV: NIM) under a 10-year toll-milling agreement. Blue Lagoon won the PDAC’s 2026 Sustainability Award for its partnership with the Lake Babine Nation at the Dome Mountain. It received about $1 million (US$718,000) from its first gold and silver sales on Dec. 30 and a second sale of $1.4 million on Feb. 20. Expected first-year recovery is about 15,000 oz. gold.
Watch the full interview below:
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