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FAQ: Nicola Mining's US$1.0 Million Gold and Silver Sale with Blue Lagoon Resources
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. and Blue Lagoon Resources have sold US$1.0 million of gold and silver to Ocean Partners UK Limited, demonstrating continued progress in their long-term partnership.
This sale represents continued progress in their partnership with Blue Lagoon Resources and contributes to ramping up production and revenues during a period of strong precious metals prices.
The sale is part of the companies' efforts to ramp up production and revenues, with Blue Lagoon maintaining steady shipments since commencing gold and silver mill feed hauling in December 2025.
Nicola Mining Inc. (TSX.V: NIM, FSE: HLIA, OTCQB: HUSIF), Blue Lagoon Resources (CSE: BLLG), and the buyer Ocean Partners UK Limited.
Nicola Mining owns a 100% owned mill and tailings facility near Merritt, British Columbia, the New Craigmont Project (a high-grade copper property), and the Treasure Mountain Property with 30 mineral claims and a mineral lease.
Nicola Mining's fully permitted mill and tailings facility is located near Merritt, British Columbia, and can process both gold and silver mill feed via gravity and flotation processes.
Blue Lagoon Resources commenced gold and silver mill feed hauling in December 2025 and has maintained steady shipments since that time.
The New Craigmont Project is a high-grade copper property covering 10,913 hectares along the southern end of the Guichon Batholith, adjacent to Highland Valley Copper, Canada's largest copper mine.
The latest news and updates relating to HUSIF are available in the company's newsroom at https://ibn.fm/HUSIF, and the full press release can be viewed at https://ibn.fm/ku9r3.
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Curated from InvestorBrandNetwork (IBN)
