Borealis Announces First Gold Pour
Borealis Mining (OTC:BORMF) has achieved a significant milestone with its first successful gold and silver doré pour at the Borealis minesite. The pour yielded 956.7 troy ounces of doré in two bars, with preliminary results indicating approximately a 50-50 gold-silver ratio.
The company is actively processing oxide material through heap leaching, with 106,000 tons currently under cyanide solution treatment and an additional 34,000 tons crushed and ready for leaching. The doré has been sent to Asahi Refining in Salt Lake City for refining and sale, with the next pour expected in several weeks.
The Borealis mine, located near Hawthorne, NV, is fully permitted and has historically produced over 600,000 ounces of gold from open pit heap leach operations. The property maintains significant expansion potential and hasn't been extensively drilled since 2011, except for recent efforts in 2024-2025.
Borealis Mining (OTC:BORMF) ha raggiunto una tappa significativa con il primo pour riuscito di doré d’oro e d’argento sul sito minerario Borealis. Il pour ha prodotto 956,7 once troy di doré in due barre, con risultati preliminari che indicano approssimativamente un rapporto oro-argento 50-50.
L’azienda sta attualmente lavorando materiale ossidato tramite heap leaching, con 106.000 ton attualmente sotto trattamento in soluzione di cianuro e ulteriori 34.000 ton frantumate e pronte per la leaching. Il doré è stato inviato ad Asahi Refining a Salt Lake City per raffinazione e vendita, con il prossimo pour previsto tra alcune settimane.
La miniera Borealis, situata vicino a Hawthorne, NV, è pienamente autorizzata e ha storicamente prodotto oltre 600.000 once di oro tramite operazioni di heap leach in open pit. La proprietà mantiene un potenziale significativo di espansione e non è stata ampiamente perforata dal 2011, salvo gli sforzi recenti nel 2024-2025.
Borealis Mining (OTC:BORMF) ha logrado un hito significativo con su primer vertido exitoso de doré de oro y plata en el sitio minero de Borealis. El vertido produjo 956,7 onzas troy de doré en dos barras, con resultados preliminares que indican aproximadamente una proporción oro-plata de 50-50.
La compañía está procesando activamente material oxidado mediante lixiviación en montón, con 106.000 toneladas actualmente bajo tratamiento de solución con cianuro y otras 34.000 toneladas trituradas y listas para lixiviar. El doré ha sido enviado a Asahi Refining en Salt Lake City para refinación y venta, y se espera el próximo vertido en varias semanas.
La mina Borealis, ubicada cerca de Hawthorne, NV, está completamente permitida y históricamente ha producido más de 600.000 onzas de oro a partir de operaciones de pila a cielo abierto. La propiedad mantiene un potencial de expansión significativo y no ha sido objeto de perforaciones extensas desde 2011, excepto por esfuerzos recientes en 2024-2025.
Borealis Mining (OTC:BORMF)가 Borealis 광산 현장에서 황금과 은의 첫 성공적인 도로리 도르é를 달성하는 중요한 이정표를 달성했습니다. 이 주입은 956.7 트로이 온스의 도르é를 두 개의 바에 담아냈으며, 예비 결과는 거의 50-50의 금-은 비율을 나타냅니다.
회사는 현재 106,000톤의 산화 물질을 히드레이트 처리로 처리 중이며, 추가로 34,000톤이 분쇄되어 추출에 준비되어 있습니다. 도르는 솔트레이크시티의 아사히 정제소로 보내져 정제 및 판매될 예정이며, 다음 도르는 수 주 내에 예상됩니다.
호손 근처 네바다주 Hawthorne에 위치한 Borealis 광산은 완전한 허가를 받았으며, 과거에 노천 릴리핑 기반의 한전에 의해 600,000온스 이상의 금을 생산했습니다. 이 부지는 상당한 확장 потен셜을 보유하고 있으며, 2011년 이후 광범위한 시추는 이루어지지 않았으며 2024-2025년의 최근 노력은 예외적입니다.
Borealis Mining (OTC:BORMF) a atteint une étape importante avec son premier fond d’or et d’argent doré réussi sur le site Borealis. Le tirage a produit 956,7 onces Troy de doré en deux barres, les résultats préliminaires indiquant environ un ratio or-argent de 50-50.
L’entreprise traite activement du matériel oxydé par lixiviation en tas, avec 106 000 tonnes actuellement sous traitement par solution au cyanure et 34 000 tonnes prêtes à être lixiviées après concassage. Le doré a été envoyé à Asahi Refining à Salt Lake City pour raffinage et vente, avec le prochain tirage attendu dans quelques semaines.
La mine Borealis, située près de Hawthorne, NV, est pleinement autorisée et a historiquement produit plus de 600 000 onces d’or via des opérations d’exploitation en tas à ciel ouvert. Le bien présente un potentiel d’expansion significatif et n’a pas été largement drillé depuis 2011, à l’exception des efforts récents en 2024-2025.
Borealis Mining (OTC:BORMF) hat einen bedeutenden Meilenstein erreicht: Die erste erfolgreiche Doré-Gold- und Silber-Gussgabe am Borealis-Betriebsstandort. Der Guss ergab 956,7 Unzen Troy Doré in zwei Barren, mit vorläufigen Ergebnissen, die ungefähr ein Gold-Silber-Verhältnis von 50-50 anzeigen.
Das Unternehmen verarbeitet derzeit aktiv oxidisches Material mittels Heap-Leaching, mit 106.000 Tonnen derzeit in Cyanidlösung und zusätzlichen 34.000 Tonnen, die zermahlen und zur Leaching bereit sind. Der Doré wurde zur Veredlung und zum Verkauf an Asahi Refining in Salt Lake City gesandt, der nächste Guss wird in einigen Wochen erwartet.
Die Borealis-Mine nahe Hawthorne, NV, ist vollständig genehmigt und hat historisch über 600.000 Unzen Gold aus offenen Pit-Heap-Verfahren produziert. Die Liegenschaft verfügt über erhebliches Expansionspotenzial und wurde seit 2011 nicht umfangreich durchbohrt, mit Ausnahmen für jüngste Bemühungen in 2024-2025.
Borealis Mining (OTC:BORMF) حققت علامة فارقة مهمة بإنتاجها الأول من دفعة doré من الذهب والفضة بنجاح في موقع منجم Borealis. أُنتج دفعة doré مقدارها 956.7 أونصة تروية في قطعتين، وتظهر النتائج الأولية تقريبا نسبة ذهب-فضة 50-50.
الشركة تقوم حالياً بمعالجة المواد المؤكسدة عبر التخميد في السلاسل الترشيحية، مع وجود 106,000 طن حالياً تحت معالجة محلول السيانيد و< b>34,000 طن إضافية مكسورة وجاهزة للترشيح. تم إرسال doré إلى Asahi Refining في سولت ليك سيتي للتهذيب والبيع، ومن المتوقع إجراء دفعة أخرى خلال أسابيع.
المَنفْذ Borealis، الواقع قرب هوثرن، نيفادا، مرخّص بالكامل وقد أنتج تاريخياً أكثر من 600,000 أونصة من الذهب من عمليات التجريد المفتوحة. يظل الملك حقلاً ذا إمكانات توسع كبيرة ولم يتم حفره بعمق منذ 2011، باستثناء الجهود الأخيرة في 2024-2025.
Borealis Mining (OTC:BORMF) 已在 Borealis 矿区实现第一笔黄金与白银坯铸的重大里程碑。该浇铸产出为 956.7 盎司金衡铸金，以两块金条呈现，初步结果显示金银比例大约为 50-50。
公司正通过堆浸法处理氧化物质，目前共有 106,000 吨在氰化物溶液处理中，另外 34,000 吨已破碎并准备浸出。坯金已送往盐湖城的 Asahi Refining 进行精炼与销售，预计数周内将进行下一个浇铸。
Borealis 矿位位于内华达州 Hawthorne 附近，已获得全面许可，历史上通过露天堆浸矿法生产超过 60 万盎司 金。该地产具显著扩张潜力，自 2011 年以来尚未进行广泛钻探，除 2024-2025 年的近期努力外。
- First successful gold and silver doré production from fresh oxide material
- Significant processing capacity with 106,000 tons under treatment and 34,000 tons ready for leaching
- Fully permitted and equipped mine infrastructure in place
- Expected steady revenue stream for next several months
- Historical production of over 600,000 ounces of gold demonstrates proven potential
- Exact gold-silver ratio and final value still pending assay results
- Future expansion may require additional permit modifications with uncertain timeline
- Limited recent drilling data (no drilling between 2011-2024)
Toronto, Ontario--(Newsfile Corp. - September 29, 2025) - Borealis Mining Company Limited (TSXV: BOGO) (OTC Pink: BORMF) (FSE: L4B0) (the "Company" or "Borealis") is pleased to announce that it has successfully completed the first pour of gold and silver doré from the previously announced stockpile crushing and heap leaching at the Borealis minesite. A total of 65.6 pounds, equivalent to 956.7 troy ounces of doré was poured in two bars as shown in Figure 1 & Video 1.
The Company has sent the doré to Asahi Refining in Salt Lake City, Utah, for refining and eventual sale. Borealis is awaiting assay results from the pour to determine the grade and value of the doré but preliminary results indicate roughly a 50-50 gold-silver ratio, plus some additional waste metal. Heap leaching and crushing of the stockpile of oxide material continues, with approximately 106,000 tons being treated with cyanide solution and another 34,000 tons crushed and not yet subjected to heap leaching. Gold and silver are actively being collected in Borealis' carbon columns and the Company anticipates its next pour in several weeks.
Andreas Steckenborn, COO of Borealis, states, "This is a genuine milestone for our team, the Company, and its shareholders. This pour represents the first genuine gold and silver production from fresh oxide material that Borealis has crushed, trucked to the leach pad and treated with cyanide. We've spent an immense amount of time and effort over the past two years optimizing our operations and training and the result was a perfectly executed pour. Our carbon columns are well-loaded with gold and silver for the next pour which should occur in the next few weeks. Borealis stakeholders can look forward to steady revenue for the the next several months, which we intend to grow upon with the upcoming re-start of the Borealis mine. We will update the market on timing of the re-start of mining in the near term."
Figure 1: Andreas Steckenborn, COO, and Kelly Malcolm, CEO, holding freshly poured doré bars at the fully permitted Borealis Minesite.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/9344/268269_7e9bdb71a499f920_001full.jpg
Video 1: Video of the gold pouring process, resulting in one full and one partial doré bar for a total saleable weight of 65.6 pounds, equivalent to 956.7 troy ounces of doré.
Cannot view this video? Visit:
https://www.youtube.com/watch?v=DhSsKXrIq4o
Qualified Person and QA&QC
The scientific and technical content of this news release was reviewed, verified, and approved by Kelly Malcolm, P.Geo., Chief Executive Officer of the Company, and a Qualified Person as defined by Canadian Securities Administrators' National Instrument 43-101 - Standards of Disclosure for Mineral Projects.
Borealis Mine
The Borealis mine property, located close to the town of Hawthorne, NV, is fully permitted and equipped for present mine operations and future expansion, with existing open pits, heap leach pads, modern infrastructure, and a functional ADR facility which produces doré bars. The project has historically produced over 600,0001 ounces of gold from an open pit heap leach operation. It is an under-explored property and has not been drilled since 2011, aside from Borealis' efforts in 2024 and 2025. The property possesses high grade expansion potential with excellent historical drilling results, along with a number of untested regional targets. 1Please see the Borealis Mine technical report entitled "NI 43-101 Technical Report, Project Status Report, Borealis Mine, Nevada, U.S.A." authored by Douglas Reid, P.Eng. of SRK Consulting, dated February 16, 2024. The report can be found on SEDAR+ or the Borealis website.
The Borealis Project holds existing federal and state permits for mining and processing operations. However, certain permit modifications may be required for expanded production, and the timeline for such approvals is subject to regulatory review. The Company cannot guarantee the timing or success of any permit modifications that may be required for future expansions.
About Borealis
Borealis is a gold mining and exploration company focused on exploration and resumption of production of the Borealis Mine in Nevada and the advancement of its Sandman project also in Nevada. The Borealis Mine is a fully permitted mine site, equipped with active heap leach pads, an ADR facility, and all necessary infrastructure to support a heap leach gold mining operation. In addition to the mine, the property, comprised of 815 unpatented mining claims of approximately 20 acres each totaling approximately 16,300 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 Sandman project, recently acquired through the acquisition of Gold Bull Resources Inc., is an advanced exploration project with a recently completed (2021) NI 43-101 compliant resource and a recent (2023) Preliminary Economic Assessment which indicates compelling economics, particularly in light of the increase in commodity prices since publication of the study. Borealis is led by a strong board and management team, many of whom have founded, managed, and sold highly successful mining and exploration companies.
For further information, please contact:
Kelly Malcolm
President and Chief Executive Officer
info@BorealisMining.com
Office: (289) 371-3371
This news release may contain certain "forward-looking information" within the meaning of applicable securities law. Forward looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate", "may", "will", "would", "potential", "proposed" and other similar words, or statements that certain events or conditions "may" or "will" occur. These statements are only predictions. Forward-looking information is based on the opinions and estimates of management at the date the information is provided, and is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. For a description of the risks and uncertainties facing the Company and its business and affairs, readers should refer to the Company's Management's Discussion and Analysis. The Company undertakes no obligation to update forward-looking information if circumstances or management's estimates or opinions should change, unless required by law. The reader is cautioned not to place undue reliance on forward-looking information.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/268269
FAQ
What was the size of Borealis Mining's (BORMF) first gold pour in September 2025?
How much material is currently being processed at the Borealis mine?
What is the historical production of the Borealis mine in Nevada?
When does Borealis Mining (BORMF) expect its next gold pour?
What permits does Borealis Mining hold for its Nevada operations?
