Borealis Mining Unveils Promising Drill Results at Nevada Deposits

Borealis Mining Company Limited ( (TSE:BOGO) ) has shared an announcement.

Borealis Mining Company Limited announced promising assay results from its ongoing drill program at the Cerro Duro and Jaime’s Ridge deposits in Nevada. The drilling has revealed significant widths of oxidized gold and silver mineralization, with some results exceeding historical data in both grade and width. This discovery suggests potential for near-term expansion of mineralization and could reduce future mining costs by utilizing gold-rich backfill materials.

More about Borealis Mining Company Limited

Borealis Mining Company Limited operates in the mining industry, focusing on gold and silver exploration and extraction. The company is actively engaged in projects within the Walker Lane trend of Nevada, a region known for its rich mineral deposits.

YTD Price Performance: -24.64%

Average Trading Volume: 107,263

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: C$38.55M

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