Welcome to our dedicated page for Borealis Mining news (Ticker: BORMF), a resource for investors and traders seeking the latest updates and insights on Borealis Mining stock.
Borealis Mining Company Limited reports on Nevada gold mining and development activity tied to the Borealis Mine and the Sandman Gold Project in Humboldt County. Recurring updates include NI 43-101 technical reports, preliminary economic assessments, engineering work, metallurgy, permitting, resource modeling, geotechnical studies and environmental inputs for Sandman.
Company news also addresses the use of Borealis' existing adsorption-desorption-recovery facility in project planning, along with capital-structure disclosure, governance matters, operating results and foreign-issuer security disclosures connected with BORMF.
Borealis Mining Company (OTC Pink: BORMF) announced completion of a second pour of gold and silver doré from stockpile crushing and heap leaching at the Borealis minesite on November 12, 2025. A total of 42.83 lb (617 troy ounces) of doré was poured; assays are pending to determine grade and value, with preliminary ~50:50 gold-silver ratio. Heap leaching continues with approximately 153,000 tons crushed to date and additional pours expected before year-end. The company also granted 2,300,000 stock options at $1.63 exercisable for five years and 158,500 RSUs vesting in one year. The mine is fully permitted for current operations, though permit modifications may be required for expansion.
Borealis Mining (OTC: BORMF) received U.S. Forest Service approval for a Minor Modification to its Borealis Plan of Operations, signed October 16, 2025, clearing a final regulatory step toward a full mine restart.
The modification adds 68.3 acres of disturbance (total approved area 549.7 acres) and permits expanded pit work, new waste facility development, road construction, and relocation of infrastructure. Borealis is debt-free, says it is fully financed, and plans contractor mobilization in December 2025–January 2026 with drill and blast activities in early January 2026.
Ongoing stockpile crushing and heap leach operations continue, with the ADR plant producing gold and silver recoveries to generate near-term revenues.
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 Company (OTC Pink: BORMF) has secured CAD$9.06 million through warrant, broker warrant, and compensation option exercises as of September 19, 2025. The company issued 12,616,025 common shares through these exercises, strengthening its cash position and capital structure.
The funds will support the resumption of full production at the Borealis mine in Hawthorne, NV, a fully permitted and equipped facility with existing infrastructure and an ADR facility producing doré bars. The mine has historically produced over 600,000 ounces of gold through open pit heap leach operations and presents high-grade expansion potential.
Borealis Mining Company (OTC:BORMF) has entered into a marketing agreement with i2i Marketing Group, LLC on August 21, 2025. The company will pay US$250,000 for comprehensive digital marketing services, including social media management, content creation, and digital advertising.
The Borealis mine property, located near Hawthorne, NV, is fully permitted and equipped with existing infrastructure including open pits, heap leach pads, and an ADR facility. The project has historically produced over 600,000 ounces of gold from open pit heap leach operations and hasn't been extensively drilled since 2011, except for recent efforts in 2024-2025.