Borealis Mining Company Ltd.

Borealis Mining Company Ltd. announces that it has filed on SEDAR+ the National Instrument 43-101 technical report supporting the previously announced Preliminary Economic Assessment for its Sandman Gold project located in Humboldt County, Nevada, USA. All dollar amounts in this press release are in United States dollars unless indicated otherwise. The Technical Report, titled "NI 43-101 Technical Report - Sandman Gold [...]

Mining Ramp-Up Underway with 602,000 Tons Moved and 45,000 Tons Crushed Fully Staffed Operations Team in Place; Strong Balance Sheet with US$21.1 Million in Cash Borealis Mining Company Ltd. is pleased to report its unaudited, auditor-reviewed financial and operating results for the three and six months ended January 31, 2026. The Company's interim financial statements have been reviewed by its auditors in accordance with [...]

Borealis Mining is pleased to announce the results of an updated preliminary economic assessment for the Sandman Gold project. The updated National Instrument 43-101 - Standards of Disclosure for Mineral Projects technical report reflects updated economic assumptions following Borealis' acquisition of the Project in March 2025 for approximately C$8.9 million and demonstrates substantial improvement in the economics of the [...]

Borealis Mining is pleased to announce the successful completion of its first production blast at the Borealis Gold Mine. The blast, completed on Jan 28, 2026, marks a key milestone in the restart of the Borealis Gold Mine and the transition into sustained mining operations. The inaugural production blast was completed within the permitted East Ridge open pit and successfully fragmented approximately 40,000 short tons of [...]

Borealis Mining is pleased to announce that mobilization of mining equipment has commenced at the Borealis Gold Mine, marking a key milestone toward the restart of gold mining operations. Heavy mining equipment, production drill rigs and support equipment are now arriving on site as the Company prepares for initial mining activities. Borealis has engaged Ledcor CMI as its mining contractor. Ledcor is a well-established [...]

Borealis Mining Company Ltd. is pleased to announce the closing of its previously announced "bought deal" private placement offering pursuant to the Listed Issuer Financing Exemption of an aggregate of 15,341,000 common shares of the Company at a price of C$1.50 per Common Share for aggregate gross proceeds of C$23,011,500 , including full exercise of the option granted to the Underwriters . Stifel Canada, as lead [...]

borealis Mining is pleased to announce that it has entered into an agreement with Stifel Canada pursuant to which Stifel Canada will act as sole bookrunner, together with a syndicate of underwriters, in connection with a "bought deal" private placement offering of 13,340,000 common shares of the Company at a price of C$1.50 per Common Share for aggregate gross proceeds of C$20,010,000, with the Common Shares to be offered [...]

Borealis Mining Company reports its unaudited, auditor-reviewed financial and operating results for the three months ended Oct 31, 2025. The Company's interim financial statements have been reviewed by its auditors in accordance with applicable professional standards, as required in connection with the Company's active short form prospectus. Kelly Malcolm, President and CEO of Borealis Mining, commented: "During the first [...]

Borealis Mining Company is pleased to announce that it has successfully completed its second pour of gold and silver doré from the previously announced stockpile crushing and heap leaching at the Borealis minesite. A total of 42.83 pounds, equivalent to 617 troy ounces of doré, was poured as shown in Figure 1. Borealis is awaiting assay results from the pour to determine the grade and value of the doré but preliminary [...]

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 [...]