Nicola Mining and Blue Lagoon Resources Announce US$1.0 Million Precious Metals Sale to Ocean Partners UK
TL;DR
Nicola Mining and Blue Lagoon Resources sold $1 million in gold and silver to Ocean Partners, capitalizing on strong precious metals prices to boost production and revenue.
The companies sold gold and silver to Ocean Partners UK Limited, with Blue Lagoon maintaining steady shipments since December 2025 as they ramp up production using Nicola's permitted mill.
This partnership advances responsible mining operations in British Columbia, supporting local economies and contributing to sustainable resource development during favorable market conditions.
Nicola Mining operates Canada's only 100% owned mill near Merritt, processing gold and silver while owning massive copper and mineral properties spanning thousands of hectares.
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Nicola Mining Inc. (TSX.V: NIM) (FSE: HLIA) (OTCQB: HUSIF) and Blue Lagoon Resources (CSE: BLLG) have sold US$1.0 million worth of gold and silver to Ocean Partners UK Limited. This transaction represents continued progress in the long-term partnership between the two companies and highlights their ability to generate revenue from precious metals production.
The sale comes as Blue Lagoon Resources has maintained steady shipments since beginning gold and silver mill feed hauling operations in December 2025. Both companies are actively working to ramp up production and revenues, taking advantage of strong precious metals prices in the current market environment. This operational consistency suggests a maturing partnership that could lead to increased scale and efficiency in their mining activities.
Nicola Mining operates a fully permitted mill and tailings facility near Merritt, British Columbia, which can process both gold and silver mill feed through gravity and flotation processes. The company's infrastructure provides a critical advantage in the region, allowing for efficient processing of materials from various mining projects. The company's corporate information is available through its newsroom at https://ibn.fm/HUSIF.
Beyond its milling operations, Nicola Mining maintains significant mineral assets, including 100% ownership of the New Craigmont Project. This high-grade copper property covers 10,913 hectares along the southern end of the Guichon Batholith and is strategically located adjacent to Highland Valley Copper, Canada's largest copper mine. The company also owns the Treasure Mountain Property, which consists of 30 mineral claims and a mineral lease spanning over 2,200 hectares.
The implications of this US$1.0 million sale extend beyond immediate revenue generation. For investors in the junior mining sector, successful transactions like this demonstrate operational execution and market access. The partnership with Ocean Partners UK Limited provides a reliable outlet for precious metals production, reducing sales risk and potentially improving profit margins through established commercial relationships.
For the broader mining industry, this announcement reflects continued activity in the British Columbia mining region despite broader economic uncertainties. The ability of junior mining companies to secure significant sales contracts suggests ongoing demand for precious metals and confidence in production capabilities. This transaction may signal to other junior miners that partnership models and shared infrastructure can create viable pathways to revenue generation.
The mining sector faces increasing scrutiny regarding environmental practices and community relations. Companies like Nicola Mining that operate permitted facilities with established processing capabilities may be better positioned to navigate regulatory requirements while maintaining production schedules. The company's detailed terms of use and disclaimers are available at https://www.MiningNewsWire.com/Disclaimer.
As precious metals prices remain strong, successful sales transactions provide working capital that can be reinvested in exploration and development activities. For Nicola Mining and Blue Lagoon Resources, this revenue supports their efforts to increase production capacity and potentially expand their mineral resource base. The steady shipments since December 2025 indicate developing operational rhythm that could lead to more consistent revenue streams in the future.
The mining industry continues to evolve with technological advancements and changing market dynamics. Transactions like this US$1.0 million sale demonstrate that established partnerships and reliable infrastructure remain fundamental to success in the sector. As companies work to balance production increases with responsible mining practices, revenue-generating milestones provide validation of their operational approaches and strategic direction.
Curated from InvestorBrandNetwork (IBN)

