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An announcement from Blue Lagoon Resources ( (TSE:BLLG) ) is now available.
Blue Lagoon Resources has extended its milling agreement with Nicola Mining to a 10-year term, securing a long-term processing solution for its Dome Mountain Gold Project in British Columbia. This agreement strengthens the partnership between the two companies, ensuring priority access to mill capacity and supporting Blue Lagoon’s transition from development to production. The extension follows recent milestones at Dome Mountain, including the commissioning of a water treatment plant and the start of underground mining operations, highlighting Blue Lagoon’s readiness to deliver production efficiently.
The most recent analyst rating on (TSE:BLLG) stock is a Buy with a C$1.11 price target. To see the full list of analyst forecasts on Blue Lagoon Resources stock, see the TSE:BLLG Stock Forecast page.
More about Blue Lagoon Resources
Blue Lagoon Resources Inc. is a Canadian-based, growth-oriented mining company focused on advancing its 100% owned Dome Mountain Gold Project in British Columbia. The company operates in a highly attractive mining jurisdiction and is led by a team with extensive mining and finance experience. Blue Lagoon is committed to sustainability, community, and First Nation engagement, aiming to become a profitable gold producer while creating lasting value for shareholders and stakeholders.
Average Trading Volume: 204,504
Technical Sentiment Signal: Buy
Current Market Cap: C$92.97M
For a thorough assessment of BLLG stock, go to TipRanks’ Stock Analysis page.