Blue Lagoon Resources Receives PDAC's 2026 Sustainability Award for Environmental and Community Leadership

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.

Rana Vig, President & CEO of Blue Lagoon, stated that being recognized by PDAC for sustainability affirms the approach taken at Dome Mountain: protecting the environment, engaging early and often, and building long-term partnerships with local communities. Vig expressed gratitude to the Lake Babine Nation for their trust and collaboration and pride in the team for embedding these values into daily operations.

Chief Wilfred Adam of the Lake Babine Nation, who served as the company's nomination sponsor, emphasized that Blue Lagoon has demonstrated respect for their people and land. The chief noted that this award reflects a relationship 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. Notably, in the past decade, the Sustainability Award has not gone to a British Columbia project, making Blue Lagoon the lone B.C. recipient during this period. In a jurisdiction recognized for rigorous permitting, this award acknowledges the company's transition from exploration to mining while maintaining strong environmental stewardship and respect for Lake Babine Nation values.

The award will be presented at PDAC's Awards Celebration & Nite Cap during the PDAC Convention in Toronto on March 3, 2026. The PDAC Convention represents one of the world's premier mineral exploration and mining events, bringing together industry leaders, government officials, and Indigenous communities to discuss the future of responsible resource development.

This recognition comes at a significant time for Blue Lagoon, which achieved a major milestone in February 2025 with the granting of a full mining permit for its Dome Mountain Gold Project. The company has since commenced underground mining operations, with mineralized material from Dome Mountain being processed under a long-term toll milling agreement with Nicola Mining. First gold sales are targeted for the fourth quarter of 2025.

The significance of this award extends beyond recognition for Blue Lagoon alone. It demonstrates that mining companies can successfully navigate the transition from exploration to production while maintaining strong environmental standards and meaningful Indigenous partnerships. This achievement may influence industry practices by showing that sustainable development and profitable operations are not mutually exclusive goals.

For the broader mining industry, Blue Lagoon's recognition serves as a benchmark for how companies can operate in jurisdictions with rigorous environmental standards while building constructive relationships with Indigenous communities. The company's approach could influence how other mining companies approach community engagement and environmental management in British Columbia and beyond.

The timing of this award is particularly relevant as global demand for responsibly sourced minerals continues to grow. Investors, regulators, and communities increasingly expect mining companies to demonstrate tangible commitments to sustainability and meaningful community partnerships. Blue Lagoon's recognition by PDAC provides independent validation of the company's approach to these critical aspects of modern mining operations.