Blue Lagoon Resources Wins PDAC 2026 Sustainability Award for British Columbia Gold Project

Blue Lagoon Resources Inc. has been selected to receive the Prospectors & Developers Association of Canada (PDAC) 2026 Sustainability Award, recognizing leadership in environmental stewardship and meaningful community relations in mining. The award highlights Blue Lagoon's sustainability and Indigenous partnership efforts at its Dome Mountain Gold Project in British Columbia, marking the first time in a decade that a British Columbia project has received this prestigious recognition.

President and CEO Rana Vig stated that the award affirms the company's approach at Dome Mountain, emphasizing environmental protection, early and frequent engagement, and building long-term partnerships with local communities. Vig expressed gratitude to the Lake Babine Nation for their trust and collaboration, noting pride in the team's efforts to embed these values into daily operations. Chief Wilfred Adam of the Lake Babine Nation, who sponsored the company's nomination, confirmed that Blue Lagoon has demonstrated respect for their people and land, describing the relationship as being based on listening, learning, and acting with integrity.

The PDAC Awards have recognized dedication and ingenuity driving advancement in communities across Canada and around the world since 1977. Recent honorees include Teck Resources, The Lundin Foundation, and B2Gold, underscoring the caliber of sustainability leadership recognized by PDAC. The significance of Blue Lagoon's selection is amplified by the fact that no British Columbia project had received the Sustainability Award in the past decade, despite the jurisdiction being recognized for rigorous permitting standards.

The award recognizes Blue Lagoon's successful transition from exploration to mining while maintaining strong environmental stewardship and respect for Lake Babine Nation values. This achievement comes following the company's receipt of a full mining permit in February 2025, one of only nine issued in British Columbia since 2015, which enabled the commencement of underground mining operations at Dome Mountain. The company processes mineralized material under a long-term toll milling agreement with Nicola Mining, with first gold sales targeted for the fourth quarter of 2025.

The award will be presented at PDAC's Awards Celebration & Nite Cap during the PDAC Convention in Toronto on March 3, 2026. Blue Lagoon plans to reinvest internally generated cash flow beginning in the first half of 2026 into near-mine and regional exploration to further expand its resource base, continuing its commitment to sustainable mining practices and community engagement throughout its operations.