The Borealis Project
100% owned and fully equipped for present mine operations and future expansion: access, workforce, power, water and permits.
I’ve never seen an exploration project with so much historical data to learn from and so much exploration potential to exploit. The site hasn’t seen serious exploration since the ‘80s when all of the current deposits were discovered. Since then, the only real exploration has been proximal to already discovered deposits with little to no work done to follow up on anomalous holes and never before drilled structures. This deposit needs a driven, ambitious and courageous operator and it now has one. The fact that we have a fully permitted heap leach operation, ADR facility, power, water, and a skilled workforce means we can go from the drillbit to doré bars faster than 99% of our competitors.
Project Highlights
Permitted Heap-Leach Gold Mine & Processing Facility in Nevada.
Significant Historical Resources OPEN FOR EXPANSION
Permitted Mine, Operations-ready Heap Leach Pad, ADR, & Mobile Fleet
High-Grade Exploration Potential
Mine Highlights
Discovered in 1978, initial production 1981-1990 of ~500,000 oz at 2.02 g/t Au from 8 near-surface open-pit oxide deposits
Minor production recommenced in 2011-2013 & 2021-2022 for ~125,000 oz
Federal & State permits in place for mining and processing.
Significant infrastructure including operating ADR facility, mobile equipment fleet, open pits, 50 acres of permitted heap leach pads, and waste rock facilities.
LOCATION & PROPERTY
2 hour drive from Reno, Nevada.
25 minute drive from the town of Hawthorne, Nevada.
Nevada is #2 on the Fraser Institute’s Mining Investment Attractiveness Index for 2023.
Highway accessible year round.
14,600 acre land package, with significant road network and infrastructure on site
Infrastructure: Electricity from NV Energy grid, permitted Water from 375 gpm well field 3 miles from ADR facility
Great Location: Located in the Walker Lane Gold Trend, with endowment of >50 Moz gold
Investment Highlights
No regional exploration on the project since 2008
Numerous undrilled high priority geophysical targets from historical CSAMT, IP, Mag, & EM surveys
Currently completing HyperSpec survey, LiDAR interpretation, and soon to fly property-wide Magnetics
Numerous undrilled high grade grab sample targets
Borealis Technical Report
In compliance with TSXV listing requirements, we have prepared a technical report of publicly disclosed information. Please review it at your leisure.
Processing & Refining
Oxide and transition ore is mined, crushed to 5/8” then agglomerated and stacked on heap leach pads.
Borealis recovers the gold and silver from the leach pad solution using an ADR (adsorption, desorption, and refining) plant to generate final doré on site.
Doré is processed and refined off site in Salt Lake City for sale to market.
Processing Facilities on Site
ADR Exterior Columns
Kiln
Refinery
ADR Interior
Preg Pond
Deep Bed Scrubber
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