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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 Sep 13, 2024 7:13pm
37 Views
Post# 36223312

Gold Hits New Record High

Gold Hits New Record High

Amid strong momentum and bullish sentiment, gold has hit another record high, with analysts predicting its rally toward $2,600. (source: https://www.fxempire.com/forecasts/article/gold-price-forecast-targets-2600-amid-strong-momentum-and-bullish-breakout-1461104)

 

Having completed its first gold pour of the year two weeks ago at our on-site ADR facility, producing dor bars weighing 651 troy ounces and an independent assay confirming 143 troy ounces of gold and 131 troy ounces of silver, Borealis Mining (BOGO.v) is 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: https://www.reddit.com/r/RichTogether/comments/1etxtoh/an_excellent_interview_highlighting_newly_listed/

 

Focused on expanding the resource, optimizing metallurgy, and preparing for the possibility of increasing production to 100,000 ounces of gold per year at its Borealis Mine, 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.

 

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