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Borealis Mining Announces First Production Blast at Borealis Gold Mine, Nevada

Vancouver, British Columbia--(Newsfile Corp. - January 29, 2026) - Borealis Mining Company Limite...

articleBorealis Mining Company LimitedJanuary 29, 20265/company/borealis-mining-company-limited/news/borealis-mining-announces-first-production-blast-at-borealis-gold-mine-nevada
Borealis Mining Announces First Production Blast at Borealis Gold Mine, Nevada

About this update from Borealis Mining Company Limited

[{"type":"text","content":"Borealis Mining Announces First Production Blast at Borealis Gold Mine, NevadaVancouver, British Columbia--(Newsfile Corp. - January 29, 2026) - Borealis Mining Company Limited (TSXV: BOGO) (OTC Pink: BORMF) (FSE: L4B0) (the \"Company\" or \"Borealis Mining\") is pleased to announce the successful completion of its first production blast at the Borealis Gold Mine, located near Hawthorne, Nevada. The blast, completed on Wednesday, January 28, 2026, marks a key milestone in the restart of the Borealis Gold Mine and the transition into sustained mining operations.The inaugural production blast was completed within the permitted East Ridge open pit and successfully fragmented approximately 40,000 short tons of material. This blast represents the first large-scale production shot since the initiation of the Company's mine restart program and confirms operational readiness following site preparation, contractor mobilization, and commissioning activities.\"The completion of our first blast is a defining operational milestone for Borealis,\" said Andreas Steckenborn, Chief Operating Officer of Borealis. \"It reflects the successful execution of our restart plan and the efforts of our site team and contractors. With this milestone achieved, we are focused on safely advancing toward consistent, sustained mining operations.\"Please see Figure 1 for an aerial video of the blast at the East Ridge open pit or see the following link for a brief video of the blast: https://www.youtube.com/watch?v=QNTK8HGISZk.Figure 1: First production blast at the East Ridge pit on January 28, 2026To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/9344/282008_de1fe27e848ca99f_001full.jpgFollowing the successful blast, material will be excavated and hauled to the heap leach pad as part of the Company's planned mining sequence. Initial stacking activities are expected to occur as mining advances, followed by leaching and solution processing through the on-site ADR facility. Borealis is advancing the restart in a staged manner, prioritizing safety, operating discipline, and steady execution as the operation ramps up.The Borealis Gold Mine benefits from substantial existing infrastructure, including multiple permitted open pits, a permitted heap leach pad, and an on-site ADR plant. This infrastructure significantly reduc...

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