BOGO Presents @ Beaver Creek Precious Metals Conference Positioned as a unique player in the junior mining space, with an operational mine, solid shareholder base, and a strategy that emphasizes minimizing dilution while generating revenue, Borealis Mining's (BOGO.v) presented at the 2024 Beaver Creek Precious Metals Conference today, detailing the company's recent listing, acquisition, historical results and strategic vision: https://www.gowebcasting.com/events/precious-metals-summit-conferences-llc/2024/09/12/borealis-mining-co-ltd/play/stream/38895
Ownership & Location:
- 100% owned Borealis Gold Project covers 14,600 acres
- Located in Nevada, a top-rated mining jurisdiction,
Historical Production:
- The mine has produced around 625,000 ounces of gold at an average grade of 1.77 g/t from oxide and transition material.
Resource Estimates:
- The 2011 pre-feasibility study reported a historical resource of 1.831 million ounces of measured and indicated gold at 1.28 g/t, and 195,000 ounces of inferred resources at 0.34 g/t.
- Further drilling is ongoing to expand these resources.
Exploration Potential:
- Exploring both oxide and sulfide targets, with high-grade drill results, including intercepts of up to 67.1 meters grading 16.2 g/t Au.
- Under-explored nature of the property, with no recent regional exploration since 2008.
Operational Infrastructure:
- The project has significant infrastructure in place, including a permitted heap-leach processing facility, mobile equipment, and stockpiles of high-grade oxide ore ready for processing.
Focused on expanding its resource, optimizing metallurgy, and preparing for the possibility of increasing production to 100,000 ounces of gold per year, BOGO is aiming to leverage both historical data and new exploration efforts to unlock further resource potential.
Posted on Behalf of Borealis Mining Company Ltd.