Borealis Announces Conditional Approval For Listing On The TSX Venture
August 06, 2024
Vancouver, British Columbia–(August 6, 2024) – Borealis Mining Company Limited (the “Company” or “Borealis”) is pleased to announce that it has received conditional approval of the TSX Venture Exchange (“TSXV”) to list its common shares on the TSXV. The Company’s common shares will commence trading on the TSXV under the symbol “BOGO”, effective market open on August 7, 2024.
About Borealis
Borealis is a gold mining and exploration company focused on exploration and resumption of production of the Borealis Mine in Nevada. The Borealis Mine is a fully permitted minesite, equipped with active heap leach pads, an ADR facility, and all necessary infrastructure to support a heap leach gold mining operation. In addition to the mine, the property, comprised of 751 unpatented mining claims of approximately 20 acres each totalling approximately 15,020 acres and one unpatented mill site claim of about five acres located in western Nevada, is highly prospective for additional high-sulfidation gold mineralization. Borealis is led by a strong board and management team, many of whom have founded, managed, and sold highly successful mining and exploration companies.
For further information, please contact:
Kelly Malcolm
President and Chief Executive Officer
Tel: (647) 299-1153
Email: kmalcolm@borealismining.com
Website: www.borealismining.com
This news release may contain certain “forward-looking information” within the meaning of applicable securities law. Forward looking information is frequently characterized by words such as “plan”, “expect”, “project”, “intend”, “believe”, “anticipate”, “estimate”, “may”, “will”, “would”, “potential”, “proposed” and other similar words, or statements that certain events or conditions “may” or “will” occur. These statements are only predictions. Forward-looking information is based on the opinions and estimates of management at the date the information is provided, and is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. For a description of the risks and uncertainties facing the Company and its business and affairs, readers should refer to the Company’s Management’s Discussion and Analysis. The Company undertakes no obligation to update forward-looking information if circumstances or management’s estimates or opinions should change, unless required by law. The reader is cautioned not to place undue reliance on forward-looking information.
About Borealis Mining Company Ltd.
Borealis is a Nevada gold producer focused on mining and exploration at its Borealis Mine, advancing its Sandman development project, and exploring its Big Balds project. The Borealis Mine is a fully permitted, actively producing mine site with operating heap leach pads, an ADR facility, and all the infrastructure needed for heap leach gold production. In addition to the mine, the property is highly prospective for additional high-sulfidation gold mineralization. It comprises 815 unpatented mining claims of approximately 20 acres each, totaling approximately 16,300 acres, and one unpatented mill site claim of about five acres in western Nevada. The Sandman project is a development-stage project with an NI 43-101 compliant resource and a 2026 Preliminary Economic Assessment that indicates compelling economics, particularly at current gold prices. Borealis is led by a strong board and management team, many of whom have founded, managed, and sold highly successful mining and exploration companies.
About The Borealis Project & Mine
The 100%-owned Borealis Mine is a fully permitted mine site equipped with active heap leach pads, an ADR facility, and all necessary infrastructure to support present mining operations and future expansion. It is an underexplored property located in one of Nevada's most productive gold belts, with multiple high-priority exploration targets and significant potential for additional high-sulfidation gold mineralization. Borealis is also advancing its Sandman gold project, an advanced-stage exploration asset with an updated Preliminary Economic Assessment published in 2026.
Contact Information
Borealis Mining Company Ltd.
217 Queen St W #401,
Toronto, ON M5V 0R2
Kelly Malcolm
CEO & Director
kmalcolm@borealismining.com
The scientific and technical information on this website has been reviewed and approved by Kelly Malcolm, P.Geo., President & CEO at Borealis Mining Company, a Qualified Person as defined by NI 43-101.