Bullboard - Stock Discussion Forum Borealis Mining Company Ltd V.BOGO

Alternate Symbol(s): BORMF

Metals & Mining Gold

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... see more

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TSXV:BOGO - Post Discussion

Borealis Mining Company Ltd > Production then Exploration - the BOGO Strategy

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Post by MarketMakerss on Oct 17, 2024 3:36pm

Production then Exploration - the BOGO Strategy

"Get a mine into production first, and then use the cash flow to explore." - Detailing its unique strategy to ResourceTalks, Borealis Mining (BOGO.v) focused on production having completed two gold pours this year and is working to resume mining activities to generate cash flow prior to further resource expansion at its Borealis Gold Mine: https://x.com/antonioresource/status/1846544124394319931

BOGO aims to increase gold production to over 100,000 ounces annually at the project which has a history of producing over 600,000 ounces of gold with infrastructure for current and future operations.

Posted on Behalf of Borealis Mining Company Ltd.