Nicola Mining Provides $2 Million Credit Facility to Blue Lagoon Resources to Support Regional Gold Development

Nicola Mining Inc. has announced a $2 million unsecured credit facility to strategic partner Blue Lagoon Resources Inc., representing a significant advancement in supporting regional gold development and exemplifying Nicola's vertically integrated approach to mining. The credit line, available over a 12-month term with interest-only payments for the first 11 months, reflects Nicola's confidence in Blue Lagoon's near-term production trajectory and disciplined execution, including thorough permitting navigation and strong community engagement.

This financial support is directly tied to Nicola's strategic model, which leverages its Merritt milling infrastructure and tailings facility to benefit nearby projects. The initiative aligns with Nicola's mission to foster responsible mining in British Columbia, combining its milling capabilities with financial facilitation to bolster industry collaboration. Details of the credit facility can be found at https://ibn.fm/HUSIF.

The partnership between Nicola Mining and Blue Lagoon Resources represents a strategic alignment of complementary capabilities in the British Columbia mining sector. By providing this credit facility, Nicola demonstrates its commitment to supporting neighboring mining operations while maximizing the utilization of its existing infrastructure assets. This approach allows both companies to optimize resource development while maintaining operational efficiency and financial discipline throughout the project lifecycle.

The financial arrangement underscores the importance of strategic partnerships in the mining industry, particularly in regions where infrastructure sharing and collaborative development can significantly reduce capital expenditures and accelerate production timelines. Nicola's vertically integrated model, which combines milling operations with financial support services, creates a unique value proposition for junior mining companies seeking to advance their projects toward production. This credit facility enables Blue Lagoon to maintain momentum in its development activities while leveraging Nicola's established infrastructure network.

The interest-only payment structure for the initial 11 months provides Blue Lagoon with operational flexibility during critical development phases, allowing the company to allocate resources efficiently toward project advancement. This financial arrangement reflects the mutual confidence between the partners and their shared commitment to responsible mining practices in British Columbia. The collaboration between Nicola Mining and Blue Lagoon Resources serves as a model for how established mining companies can support junior partners while creating value for all stakeholders involved in regional mineral development.