Blue Lagoon Resources Appoints Mining Veteran Peter Bojtos to Strengthen Transition to Gold Production

Blue Lagoon Resources has strengthened its strategic capabilities by appointing Peter Bojtos, a seasoned Professional Engineer with extensive international mining expertise, to its Mining Committee. The addition comes as the company prepares to transition from an exploration-focused organization to a near-term gold and silver producer at its fully owned Dome Mountain Gold Project in British Columbia. Bojtos brings an impressive background spanning more than five decades in the global mining industry, with operational involvement in 30 countries and experience in nearly 80 countries worldwide.

Throughout his career, Bojtos has played pivotal roles in significant corporate developments, including 15 major corporate acquisitions, mergers, and sales involving 24 operating mines. His professional journey includes diverse mining environments, from open-pit iron-ore operations to underground base-metal and uranium mines in West Africa, the United States, and Canada. A graduate of the University of Leicester in 1972, Bojtos has held leadership roles including presidencies and executive positions at multiple mining companies, demonstrating a track record of successfully restarting and managing mining operations.

Blue Lagoon Resources' President and CEO Rana Vig emphasized the strategic importance of Bojtos' appointment, noting that assembling a team of proven industry leaders is critical to the company's successful transition. The Mining Committee has been deliberately structured to provide technical guidance, operational oversight, and strategic planning expertise. This appointment comes at a crucial time as Blue Lagoon advances its Dome Mountain Gold Project, which represents a significant opportunity with 15 known high-grade gold veins and less than 10% of the land package currently explored.

The company has already achieved a key milestone by obtaining one of only nine full mining permits issued in British Columbia since 2015, positioning Blue Lagoon to target gold production by the third quarter of 2025. While the company is focused on responsibly and efficiently advancing the project, it acknowledges the inherent risks associated with production decisions prior to completing a comprehensive feasibility study. The strategic addition of Bojtos to the Mining Committee reflects Blue Lagoon's commitment to mitigating these risks through expert guidance and careful planning as the company moves toward becoming a gold and silver producer.