Core Viewpoint - Blue Lagoon Resources Inc. is advancing underground production at its 100%-owned Dome Mountain Gold & Silver Project, with its milling partner, Nicola Mining Inc., focusing exclusively on processing the Company's high-grade mineralized material [1][2]. Group 1: Production and Processing - Nicola Mining will dedicate its milling capacity solely to material from Dome Mountain, streamlining the processing path as Blue Lagoon enhances underground operations [2]. - Blue Lagoon has received nearly $1 million for the initial 1,000 tonnes delivered to Nicola in December and expects to deliver an additional 1,500 tonnes by the end of the week, totaling approximately 2,500 tonnes [3]. - The Company is building inventory in advance of scheduled milling, reflecting a steady increase in underground output following the opening of multiple mining faces [3][6]. Group 2: Market Environment - The operational advancements are occurring in a favorable gold and silver price environment, with spot gold prices exceeding US$5,500 per ounce and silver prices over US$115 per ounce [4]. - Management believes that the current price backdrop enhances the leverage of near-term production as operations at Dome Mountain ramp up [4][6]. Group 3: Company Strategy and Future Plans - Blue Lagoon aims to execute operations safely and consistently while maintaining a predictable delivery schedule to its milling partner [6]. - The Company plans to reinvest internally generated cash flow into near-mine and regional exploration starting in H1 2026 to expand its resource base [10]. - Blue Lagoon is committed to sustainability and community engagement, aiming to be a profitable gold producer while creating lasting value for shareholders [11].