Production-Backed Exploration
Borealis’ Vision: Building a High-Cash-Flow Operation While Expanding a Significant Resource on the Flagship Borealis Project
Who is Borealis Mining Company?
Borealis Mining aims to be Nevada’s newest mid-tier mining company, growing by both the drill bit and potential acquisitions. Borealis intends to resume mining at the Borealis Mine and utilize our existing infrastructure to eventually implement a hub-and-spoke model with the goal of producing greater than 100k oz per annum.
We are located in the Walker Lane Gold Trend, with an endowment of >50 Moz gold, which is about a 25 minute drive from the town of Hawthorne, Nevada.
What else should I know about Borealis?
We are leveraging our existing infrastructure for non-dilutive growth.
And what does that mean?
Immediate Revenue Generation
- Existing stockpiles and ready-to-mine reserves in permitted pits.
- Fully permitted operation allows near-term production and cash flow generation.
High-Grade Potential
- Historical drill work has revealed high-grade oxide mineralization in several pits.
- Opportunity to expand known reserves and add high-grade ounces to support continued cash flow.
- Historical drill holes in existing pits have ended in high grade oxide mineralization – 7+ g/t
De-risked Exploration
- The ability to pour gold now provides non-dilutive capital to fund exploration.
- Exploration expenses backed by revenue, reducing the need for equity raises and protecting shareholder value.
Strategic Growth Path
- Immediate focus on high-margin oxide production to fund further exploration.
- While there is substantial resource known of decent grade, there is also a significant portion which is high grade to focus on for exceptional free cash flows and margins.
- Long-term vision includes delineating a large subsurface underground sulfide deposit – which is hypothesized to be the feeder system for the at/near surface oxide deposits.
About Borealis Mining Company Ltd.
Borealis Mining Company operates in Nevada, the world’s top rated mining jurisdiction as ranked by the Fraser Institute. The company owns and operates the Borealis mine located just outside of the town of Hawthorne, Nevada. The company has an exceptional Board and Management team with proven success in mining exploration and the mining industry.
About The Borealis Project & Mine
The 100% owned Borealis mine is fully equipped for present mine operations and future expansion: access, workforce, power, water and permits. It is an under explored property and has had no exploration since 2008. The property posseses high grade resource expansion potential with excellent historical drilling results.
Contact Information
Borealis Mining Company Ltd.
217 Queen St W #401,
Toronto, ON M5V 0R2
Kelly Malcolm
CEO & Director
kmalcolm@borealismining.com