09:19:57 EST Wed 14 Jan 2026
Enter Symbol
or Name
USA
CA



Blue Lagoon Resources Inc. - Common Shares
Symbol BLLG
Shares Issued 149,548,803
Close 2026-01-13 C$ 1.01
Market Cap C$ 151,044,291
Recent Sedar Documents

Ellis Martin Report Interviews Fundamental Research's Sid Rajeev on Blue Lagoon Resources' $1.74 BUY Rating

2026-01-14 06:44 ET - News Release

Malibu, CA, United States, Jan 14, 2026 - (ABN Newswire) - Ellis Martin of the Ellis Martin Report recently spoke with Sid Rajeev, Head of Research at Fundamental Research Corp., regarding the firm's $1.74 BUY rating on Blue Lagoon Resources Inc. (CVE:BLLG) (OTCMKTS:BLAGF).

Blue Lagoon Resources has reached a key inflection point with the transition to revenue-generating gold production at its 100%-owned Dome Mountain Gold Project in British Columbia. The company recently completed its first gold and silver sale under a toll-milling agreement with Nicola Mining, marking the beginning of commercial operations.

During the interview, Rajeev discusses the significance of producer status for junior mining companies, valuation re-rating potential, and how Blue Lagoon compares to peer producers trading at materially higher multiples. The conversation also covers expected production levels, margin sensitivity to gold prices, and the company's high-grade underground resource, which averages approximately 9 grams per tonne gold.

Rajeev highlights that Blue Lagoon trades at a discount to comparable junior producers on EV/Revenue and EV/EBITDA metrics, despite having near-term production visibility and operating cash flow. The discussion further addresses exploration upside, noting that the majority of the company's land package remains underexplored, providing potential for future resource growth.

This interview provides a fundamentals-based overview of Blue Lagoon Resources' production ramp-up, valuation framework, and potential catalysts over the coming 6-12 months.

To Listen to the Interview, please visit:
https://www.abnnewswire.net/lnk/9U4N5L92


About Blue Lagoon Resources Inc.:

Blue Lagoon Resources Inc. (CNSX:BLLG) (FRA:7BL) (OTCMKTS:BLAGF) is a Canadian-based, well-funded, growth-oriented mining company focused on advancing its 100% owned Dome Mountain Gold Project in British Columbia. Led by a team with deep mining and finance experience, the Company operates in one of the world's most attractive mining jurisdictions.

In February 2025, Blue Lagoon achieved a major milestone with the granting of a full mining permit - one of only nine issued in British Columbia since 2015 - and has since commenced underground mining operations. Mineralized material from Dome Mountain will be processed under a long-term toll milling agreement with Nicola Mining. Beginning in H1 2026, the Company plans to reinvest internally generated cash flow into near-mine and regional exploration to further expand its resource base.

With a strong commitment to sustainability, community, and First Nation engagement, Blue Lagoon's objective is to become a profitable, cash-flowing gold producer while creating lasting value for shareholders and stakeholders alike.

The Company is not basing its production decision at Dome Mountain on a feasibility study of mineral reserves demonstrating economic and technical viability. The production decision is based on having existing mining infrastructure, past bulk sampling and processing activity, and the established mineral resource.

About The Ellis Martin Report:

The Ellis Martin Report (TEMR) and Money Talk Radio feature interviews with industry leaders in mining, biotech, energy, and technology. The program is globally syndicated through multiple financial platforms and streaming services.

Contact:
 
Rana Vig 
President and Chief Executive Officer 
Telephone:  604-218-4766 
Email: rana@bllg.ca 


Source:
Blue Lagoon Resources Inc. The Ellis Martin Report

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