Curated News
By: NewsRamp Editorial Staff
January 05, 2026
Nicola Mining & Blue Lagoon Sell $1M in Gold/Silver to Ocean Partners
TLDR
- 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.
Impact - Why it Matters
This news matters because it demonstrates tangible progress in the mining sector during a period of strong precious metals prices. For investors, the successful $1 million sale provides concrete evidence of revenue generation from Nicola Mining's partnership with Blue Lagoon Resources, suggesting operational momentum and potential for future profitability. The steady shipments since December 2025 indicate developing production capabilities that could translate to sustained cash flow. In the broader context, junior mining companies like Nicola Mining play a crucial role in resource development, and their success contributes to supply chains for gold and silver—metals with both industrial applications and investment appeal. The company's ownership of significant copper and precious metals properties in British Columbia positions it to potentially benefit from growing demand for these commodities in various industries, from electronics to renewable energy infrastructure.
Summary
Nicola Mining Inc. (TSX.V: NIM, FSE: HLIA, OTCQB: HUSIF), a junior mining company, has announced a significant milestone in its partnership with Blue Lagoon Resources (CSE: BLLG). The two companies have successfully sold US$1.0 million worth of gold and silver to Ocean Partners UK Limited, demonstrating tangible progress in their collaborative efforts. This sale comes as Blue Lagoon has maintained steady shipments since beginning gold and silver mill feed hauling in December 2025, with both companies working to ramp up production and capitalize on strong precious metals prices. The transaction underscores the operational momentum building within this strategic alliance.
Nicola Mining operates a fully permitted mill and tailings facility near Merritt, British Columbia, capable of processing both gold and silver through gravity and flotation processes. The company holds 100% ownership of the New Craigmont Project, a high-grade copper property spanning 10,913 hectares adjacent to Canada's largest copper mine, Highland Valley Copper. Additionally, Nicola owns the Treasure Mountain Property, comprising over 2,200 hectares of mineral claims and leases. These assets position the company as a significant player in the mining sector, with diversified holdings in both precious and base metals.
The news was disseminated through MiningNewsWire, a specialized communications platform within the Dynamic Brand Portfolio of IBN that focuses on global mining and resources sectors. MiningNewsWire provides comprehensive distribution services including wire solutions, editorial syndication to 5,000+ outlets, enhanced press release features, and social media distribution to millions of followers. For investors seeking the latest updates on HUSIF, the company maintains a newsroom at https://ibn.fm/HUSIF, while the full press release can be accessed at https://ibn.fm/ku9r3. This announcement highlights Nicola Mining's ongoing efforts to generate revenue through strategic partnerships while developing its substantial mineral properties in British Columbia.
Source Statement
This curated news summary relied on content disributed by InvestorBrandNetwork (IBN). Read the original source here, Nicola Mining & Blue Lagoon Sell $1M in Gold/Silver to Ocean Partners
