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Borealis Mining Company Ltd V.BOGO

Alternate Symbol(s):  BORMF

Borealis Mining Company Limited is a Canada-based gold mining and exploration company focused on exploration and resumption of production of the Borealis Mine in Nevada. In addition to the mine, the property, comprised of about 751 unpatented mining claims of approximately 20 acres each totaling 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. The Borealis Gold Project is located in western Nevada, approximately 16 road miles southwest of the town of Hawthorne in the Walker Lane Mineral Belt and 12 miles northeast of the California border. Hawthorne is 144 highway miles southeast of Reno and 331 highway miles northwest of Las Vegas.


TSXV:BOGO - Post by User

Post by MarketMakersson Aug 23, 2024 5:13pm
68 Views
Post# 36194099

BOGO Continuing to Gain This Week

BOGO Continuing to Gain This Week Having "Hit The Ground Running", Borealis Mining (BOGO.v) is a newly listed junior gold company equipped with all of the essentials for current operations and future growth in targeting the expansion of its underground gold project.
 
With a permanent mine site capable of pouring gold on-site, BOGO's flagship, the Borealis Gold Mine has a historical M&I resource of 1.831M ounces Au at 1.28 g/t and an inferred resource of 195,000 ounces Au at 0.34 g/t.
 
BOGO's 20-square-mile alteration zone in Nevada is one of the largest in the region and is particularly noteworthy. Despite only 10% of the area being drilled, significant gold indications have already been discovered, supported by evidence from past mining activities conducted when gold prices were lower. The presence of open pits within the alteration zone further emphasizes the area's potential.
 
Moreover, the dimensions of BOGO's alteration zone and pits are comparable to those of Yanacocha, a highly productive gold mine in South America, adding to the zone's promising potential.
 
Source: https://rocksandstocks.substack.com/p/borealis-mining-hits-the-ground-running 
 
Posted on Behalf of Borealis Mining Company Ltd.

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