Borealis Mining Company Ltd. is pleased to announce that the U.S. Forest Service , Bridgeport Ranger District, has approved the Company's Minor Modification to the Borealis Plan of Operations . The approval marks a significant milestone in the restart of the fully permitted Borealis Gold Mine in Mineral County, Nevada. The Minor Modification allows for expanded mining activities in the Freedom Flats, Borealis, and Deep [...]
Borealis Mining Company Ltd. is pleased to announce that it has successfully completed the first pour of gold and silver doré from the previously announced stockpile crushing and heap leaching at the Borealis minesite. A total of 65.6 pounds, equivalent to 956.7 troy ounces of doré was poured in two bars as shown in Figure 1 & Video 1. The Company has sent the doré to Asahi Refining in Salt Lake City, Utah, for refining [...]
Borealis Mining Company Ltd. is pleased to announce that it has received total proceeds of CAD$9,060,278.84 from the proceeds of exercises of warrants, broker warrants and compensation options, many of which were set to expire on September 14, 2025. The Company has issued an aggregate of 12,616,025 common shares through the process, significantly enhancing its cash position, and tightening up its capital structure. Kelly [...]
Borealis Mining Company Ltd. is pleased to announce that it has entered into a online marketing agreement with i2i Marketing Group, LLC dated August 21, 2025 . Pursuant to the terms of the i2i Agreement, i2i will, among other things, provide the Company with marketing services, which includes social media management, content creation, distribution, digital marketing, digital advertising and any other marketing services as [...]
Borealis Mining Company Ltd. is pleased to announce that crushing of its ~327,000 ton mineralized stockpile at the Borealis Gold Project in Nevada began ahead of schedule on Friday, June 6. Crushing rates are expected to range from 2,500 tpd to 4,500 tpd, depending on the crushing characteristics of the material. Drip line application on the first panel of crushed material is expected to begin the week of July 7th, with a [...]
Borealis Mining Company Ltd. is pleased to announce the mobilization of contractors at the Borealis Gold Project in Nevada, on schedule to start crushing the ~327,000 ton mineralized stockpile at the site on June 9, 2025. The first gold pour from this material is expected in late July. Bulk sample results from 2024 suggest an average grade of 0.016 oz/st Au and an expected recovery of ~70% via conventional heap leaching [...]
Borealis Mining Company Ltd. is pleased to announce timing and plans for upcoming gold production at its fully permitted and built Borealis Gold Project in the Walker Lane trend of Nevada, with crushing and stacking of its mineralized stockpile to begin on June 9th, 2025. Borealis is also very pleased to announce management and personnel changes, including the appointment of Mr. Robert Buchan to the role of Non-Executive [...]
Borealis Mining announces that it has granted an aggregate of 150,000 restricted share units to employees and an officer of the Company pursuant to the terms of the Company's omnibus long-term incentive plan. The RSUs shall vest on the date that is one year from the date of grant. Borealis is a gold mining and exploration company focused on exploration and resumption of production of the Borealis Mine. The Borealis Mine [...]
Borealis Mining and Gold Bull Resources are pleased to announce, further to their press release dated Dec 10, 2024, the closing of the acquisition by Borealis of Gold Bull and its advanced Sandman Gold project. Transaction Highlights Transaction delivers Borealis shareholders a highly advanced and robust Nevada gold project with a projected low capex and extremely high IRR and NPV based on the 2023 PEA, which is highly [...]
Borealis Mining is pleased to announce the assay results from several drillholes at the Cerro Duro and Jaime's Ridge deposit areas completed as part of its ongoing drill program at its Borealis Gold Project. Drilling at the Cerro Duro and Jaimie's Ridge historical gold deposits has demonstrated large widths of highly consistent oxidized gold and silver epithermal mineralization within an extremely silicified and altered [...]
Eric Sprott announces that, 2176423 Ontario Ltd., a corporation beneficially owned by him, acquired 3,571,400 Units of the Borealis Mining through a bought deal public offering, at $0.56 per Unit for total consideration of $1,999,984. Each Unit consists of one common share and one-half of one Share purchase warrant, with each whole Warrant entitling the holder to acquire one Share at $0.78 for 24 months from the date of [...]
Borealis Mining is pleased to announce that, further to its press releases dated February 3, 4 and 24, 2025, it has completed the previously announced bought deal public offering pursuant to which the Company issued an aggregate of 17,857,150 units at a price of C$0.56 per Unit, for gross proceeds to the Company of C$10,000,004. The Company is further pleased to disclose the participation in the Offering by Eric Sprott [...]
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