Blue Lagoon Resources Receives 2026 PDAC Sustainability Award for Indigenous Partnership and Environmental Stewardship

Blue Lagoon Resources Inc. has been awarded the 2026 Sustainability Award by the Prospectors & Developers Association of Canada, one of the mining industry's most respected global honors. The award recognizes organizations demonstrating outstanding leadership in environmental stewardship and community engagement within the mineral exploration and mining sector. Blue Lagoon received the award specifically for its commitment to responsible development and strong partnership with the Lake Babine Nation at the Dome Mountain Gold and Silver Project in British Columbia.

The award was presented on March 3, 2026 at the sold-out PDAC Awards Celebration & Nite Cap dinner gala held during the annual PDAC Convention in Toronto. The Convention is widely regarded as the largest and most influential mining conference in the world, bringing together more than 27,000 industry professionals from over 125 countries annually. Blue Lagoon's recognition is particularly notable as the PDAC Sustainability Award is rarely awarded to companies of Blue Lagoon's size.

Chief Wilfred Adam and Deputy Chief Bessie West of the Lake Babine Nation traveled to Toronto specifically to attend the ceremony, underscoring the strength of the partnership between the Nation and Blue Lagoon. Chief Adam stated, "Our partnership with Blue Lagoon Resources is built on respect for our Yintah and a shared commitment to protecting the land while creating meaningful opportunities for our people. Seeing this work recognized on a global stage like PDAC is something we are proud of, and it reflects what can be achieved when industry and First Nations work together in a spirit of trust and responsibility."

Rana Vig, President & CEO of Blue Lagoon Resources, accepted the award alongside Bill Cronk, Chief Geologist and Project Manager, who has been instrumental in advancing the Dome Mountain project. Vig commented, "This recognition belongs as much to the Lake Babine Nation as it does to our team. They welcomed us into their territory and shared with us the meaning of Yintah - that the land is sacred and our responsibility is not simply to benefit from it, but to protect it. Their trust has helped shape the way we operate and the company we have become." Vig further noted that receiving this recognition alongside respected industry names including mining legend and philanthropist Ross Beaty made the honor particularly meaningful for a small company like Blue Lagoon.

The PDAC Awards were first established in 1977 to recognize outstanding achievements in the mineral exploration and mining industry worldwide. Blue Lagoon's Dome Mountain Gold Project recently transitioned into production and continues to demonstrate the Company's commitment to responsible mining practices, environmental stewardship, and meaningful Indigenous partnerships. 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. The Company plans to reinvest internally generated cash flow into near-mine and regional exploration in H2 2026 to further expand its resource base.

This award represents significant validation of Blue Lagoon's approach to mining, which prioritizes environmental protection and Indigenous collaboration alongside economic development. The recognition at PDAC, the industry's premier global gathering, signals that smaller mining companies can achieve sustainability leadership through genuine partnerships and responsible practices. The Company's success demonstrates how mining operations can align with Indigenous values and environmental stewardship while pursuing economic objectives, potentially serving as a model for other resource companies operating on Indigenous territories.