Blue Lagoon Resources Wins Prestigious 2026 PDAC Sustainability Award

(TheNewswire)

March 5, 2026 – TheNewswire - Vancouver,British Columbia – Blue Lagoon Resources Inc. (CSE:BLLG; OTCQB: BLAGF; FSE: 7BL) (the “Company”) is proud to announcethat it has been awarded the 2026 Sustainability Award by theProspectors & Developers Association of Canada (PDAC), one of themining industry’s most respected global honours and a distinctionrarely awarded to companies of Blue Lagoon’s size.

The award was presented on March 3, 2026 at thesold-out PDAC Awards Celebration & Nite Cap dinner gala heldduring the annual PDAC Convention in Toronto.

The PDAC Sustainability Award recognizes organizationsdemonstrating outstanding leadership in environmental stewardship andcommunity engagement within the mineral exploration and mining sector.Blue Lagoon received the award for its commitment to responsibledevelopment and strong partnership with the Lake Babine Nation at theDome Mountain Gold and Silver Project in British Columbia.

The award was accepted by Rana Vig, President & CEOof Blue Lagoon Resources, alongside Bill Cronk, Chief Geologist andProject Manager, who has been instrumental in advancing the DomeMountain project.

In a powerful show of support, Chief Wilfred Adam andDeputy Chief Bessie West of the Lake Babine Nation traveled to Torontospecifically to attend the ceremony, underscoring the strength of thepartnership between the Nation and Blue Lagoon.

“Our partnership with Blue Lagoon Resources is builton respect for our Yintah and a shared commitment to protectingthe land while creating meaningful opportunities for our people,”said Chief Wilfred Adam of the Lake Babine Nation. “Seeing this workrecognized on a global stage like PDAC is something we are proud of,and it reflects what can be achieved when industry and First Nationswork together in a spirit of trust and responsibility.”

Left: BlueLagoon Resources Chief Geologist & Project Manager Bill Cronk

with President and CEO Rana Vig. Right: Rana Vig withLake Babine Nation Chief Wilfred Adam

“It was a tremendous honour to receive thisrecognition from PDAC, especially alongside some of the most respectednames in our industry, including mining legend and philanthropist RossBeaty. For a small company like Blue Lagoon,this makes the recognition even more meaningful,” said Rana Vig,President & CEO of Blue Lagoon Resources.

During the award ceremony, Vig further commented,“This recognition belongs as much to the Lake Babine Nation as itdoes to our team. They welcomed us into their territory and sharedwith us the meaning of Yintah –that the land is sacred and ourresponsibility is not simply to benefit from it, but to protect it.Their trust has helped shape the way we operate and the company wehave become. They didn’t just help us build amine – they helped us become a better company and me a betterleader. We accept this honour with humility and with a promise thatwhat we are building today is something future generations will beproud of.”

Vig also acknowledged the role of Blue Lagoon’stechnical leadership:

“Bill Cronk was the very first person to visit DomeMountain with me, and he never stopped believing in what the projectcould become – a high-grade gold and silver producing mine. Thisaward reflects not only his commitment but also the dedication of ourentire team.”

The PDAC Awards, first established in 1977, recognizeoutstanding achievements in the mineral exploration and miningindustry worldwide. The Convention is widely regarded as the largestand most influential mining conference in the world, bringing togethermore than 27,000 industry professionals from over 125 countriesannually.

Blue Lagoon’s Dome Mountain Gold Project recentlytransitioned into production and continues to demonstrate theCompany’s commitment to responsible mining practices, environmentalstewardship, and meaningful Indigenous partnerships.

For further information, pleasecontact:

Rana Vig

President and Chief Executive Officer

Telephone:  604-218-4766

Email: rana@bllg.ca

About Blue Lagoon ResourcesInc.

Blue Lagoon Resources Inc. (CSE: BLLG; OTCQB: BLAGF;FSE: 7BL) is a Canadian-based, well-funded, growth-oriented miningcompany producing from its 100% owned Dome Mountain Gold Mine nearSmithers, British Columbia. Led by a team with deep mining and financeexperience, the Company operates in one of the world’s mostattractive mining jurisdictions.

In February 2025, Blue Lagoon achieved a majormilestone with the granting of a full mining permit - one of only nineissued in British Columbia since 2015 - and has since commencedunderground mining operations. Mineralized material from Dome Mountainis processed under a long-term toll milling agreement with NicolaMining. In H2 2026, the Company plans to reinvest internally generatedcash flow into near-mine and regional exploration to further expandits resource base on its extensive property.

With a strong commitment to sustainability, community,and First Nation engagement, Blue Lagoon’s objective is to be aprofitable, cash-flowing gold producer while creating lasting valuefor shareholders and stakeholders alike.

The Company is not basing its production decision atDome Mountain on a feasibility study of mineral reserves demonstratingeconomic and technical viability. The production decision is based onhaving existing mining infrastructure, past bulk sampling andprocessing activity, and the established mineral resource.  TheCompany understands that there is increaseduncertainty, and consequently a higher risk of failure, whenproduction is undertaken in advance of a feasibility study.

The CSE has not reviewed and doesnot accept responsibility for the adequacy or accuracy of thisrelease.

Forward-Looking Statement

This news release contains forward-looking statementswithin the meaning of applicable securities laws. Forward-lookingstatements include, but are not limited to, statements regarding theCompany’s plans to reinvest future cash flow into exploration andits objective of building a profitable, cash-flowing gold producer atthe Dome Mountain Gold Project. These statements are based on currentexpectations and assumptions and involve risks and uncertainties thatcould cause actual results to differ materially. Readers are cautionednot to place undue reliance on forward-looking statements. Except asrequired by applicable law, the Company undertakes no obligation toupdate such statements.

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