Interview Summary: CEO Discusses BOGO's Recent Drilling Hits In an interview on RocksAndStocksNews posted yesterday, Borealis Mining (BOGO.v) CEO Kelly Malcolm shared insights into the company’s latest developments at their Borealis Gold Project in Nevada’s prolific Walker Lane trend.
The project boasts a historic (non-compliant) estimate of 1.8 million at 1.28 g/t Au and strong existing infrastructure, including a fully operational ADR facility. Malcolm highlighted its significant exploration potential, which is even visible from satellite imagery.
He also elaborated on their ongoing 3,500-meter drill program at the Graben historical deposit within the project.
The Graben deposit, characterized by its high-sulfidation epithermal nature, lies beneath 130 meters of cover and showcases complex silica alteration and multi-phase hydrothermal breccias.
Key assays from the drill program shared earlier this week include: 2.25 g/t Au over 99.1m ( with 4.06 g/t Au over 21.3m), 2.11 g/t Au over 36.6m (with 8.24 g/t Au over 4.6m) and 1.58 g/t Au over 45.7 m.
These results highlight significant mineralized widths and validate historical data.
Malcolm emphasized that Borealis plans to target high-grade ore shoots in early 2025, especially in the northern, open sections of Graben.
The company’s broader strategy includes oxide-focused RC drilling on the western project area, leach pad operations, and the preparation for processing a 330,000-tonne stockpile of oxide material.
Malcolm discussed the company’s approach to building a profitable mining enterprise, leveraging existing infrastructure, and focusing on projects with near-term economic viability and exploration upside.
This strategic focus and experienced leadership—including board members like Tony Makuch and major investors such as Rob McEwen (holding around 16% of the company) and Eric Sprott—reinforce Borealis Mining’s potential for growth in one of the world's top mining jurisdictions.
Full interview here:
Posted on behalf of Borealis Mining Company Ltd.