Mr. Rana Vig reports

BLUE LAGOON HITS MAJOR MILESTONE - SIGNS MINE RESTART AGREEMENT WITH THE LAKE BABINE NATION

Blue Lagoon Resources Inc. and the Lake Babine Nation (LBN) have signed a mine restart agreement that supports the commencement of underground mining at the Dome Mountain gold mine located a short 50-minute drive from Smithers, B.C.

"The Lake Babine Nation has worked closely with Blue Lagoon Resources for more than a year now to get to know the company, review their restart proposal, and discuss how this project could move forward in a way that is safe for our yintah and respectful of our aboriginal title and rights. We now have an agreement confirming how we will work together once Dome Mine resumes operations and how the Lake Babine people will share in the benefits of this operation. I really appreciate Blue Lagoon's commitment to seeking Lake Babine's consent for this project and for doing business the right way on our yintah, and I look forward to a successful and sustainable restart of Dome mine," said Lake Babine Nation Chief Murphy Abraham.

"We are honoured and humbled to be accepted by the Lake Babine Nation as a trusted partner in restarting the Dome Mountain underground gold mine," said Rana Vig, president and chief executive officer of Blue Lagoon Resources. "In the same spirit that this document was drafted and signed, the company intends to meet and exceed every term of the agreement fundamentals, maintain a sustainable environment of respect, transparency and friendship and work with the Lake Babine Nation to develop educational and economic opportunities that will benefit Lake Babine community members for years to come," he added.

We seek Safe Harbor.