Borealis Mining Company Limited · TSXV:BOGO
Borealis Mining — Investor Presentation (November 2024)
19 slides from Borealis Mining's investor presentation, November 2024
Slide 1: Corporate Presentation
TSXV: BOGO | FSE: L4B0 Corporate Presentation Q4 2024
Slide 2: Forward-Looking Statements and Advisories
TSXV: BOGO | FSE: L4B0 Forward-Looking Statements and Advisories Certain statements in this presentation (this “Presentation”) that are not statements of historical fact, including statements relating to each as more particularly described herein, may constitute “forward- looking statements”. Forwar
Slide 3: Investment Highlights
TSXV: BOGO | FSE: L4B0 Investment Highlights Top Rated Mining 100% Owned Reno N E V A D A Jurisdiction The 100% owned Borealis mine is fully equipped for present mine Nevada is the world’s top operations and future expansion: access, rated mining jurisdiction as workforce, power, water and permits.
Slide 4: Corporate Structure & Transaction Terms
TSXV: BOGO | FSE: L4B0 Corporate Structure & Transaction Terms Common Shares* 83,220,583 INSIDERS 14% *Escrowed Common Shares (subject *28,475,000 to releases over 36 months) ROB MCEWEN *Escrowed Common Shares (subject *13,448,153 39% to releases over 18 months) 16% INSTITUTIONS Warrants 16,001,400
Slide 5: Board of Directors and Management
TSXV: BOGO | FSE: L4B0 Board of Directors and Management Board of Directors Tony Makuch Bob Buchan Greg Gibson Richard Patricio Christina McCarthy Kelly Malcolm CHAIRMAN Management Kelly Malcolm Andreas Lisanna Lewis Iain Campbell Jen Thor PRESIDENT & CEO Steckenborn, COO CFO VP EXPLORATION CORPORAT
Slide 6: Borealis Project
TSXV: BOGO | FSE: L4B0 Borealis Project Permitted Heap-Leach Significant In-situ Permitted Mine, Operations High-Grade Gold Mine & Processing Historical Resources – -ready Heap Leach Pad, Exploration Potential Facility in Nevada OPEN FOR EXPANSION ADR, & Mobile Fleet ▪ Historical production ▪ M&I re
Slide 7: Location and Property
TSXV: BOGO | FSE: L4B0 Location and Property 2 Hr 25 min 2 hour drive from Reno, 25 min drive from town of Nevada Hawthorne, NV #1 Accessible Nevada #1 on Fraser Highway accessible Institute Mining Investment year-round Attractiveness Index for 2022 14,600 acre Infrastructure 14,600 acre land packag
Slide 8: Borealis Mine Highlights
TSXV: BOGO | FSE: L4B0 Borealis Mine Highlights Historic Resource Discovered in 1978, initial production 1981- 1990 of ~500,000 oz at 2.02 g/t Au from 8 near- surface open-pit oxide deposits Recent Production Minor production recommenced in 2011-2013 & 2021-2022 for ~125,000 oz Permits in Place Fede
Slide 9: Exploration Potential
TSXV: BOGO | FSE: L4B0 Exploration Potential ▪ No drilling on the project since 2012 ▪ Two known styles of mineralization ▪ Surface oxides (known to extend up to 1,000 feet) ▪ High-grade high-sulfidation epithermal sulfides at depth – significant geophysical anomalies ▪ Numerous oxide targets weakly
Slide 10: Existing Data
TSXV: BOGO | FSE: L4B0 Existing Data Areas of Historic Mining & Resource ▪ No regional exploration on the project since 2008 ▪ Numerous undrilled high grade grab sample targets ▪ Numerous undrilled high priority geophysical targets from historical CSAMT, IP, Mag, & EM surveys ▪ Recently completed Hy
Slide 11: High Grade Resource Expansion Potential
TSXV: BOGO | FSE: L4B0 High Grade Resource Expansion Potential Oxide Target Sulfide Target 11 11
Slide 12: Expanded Claim Package
TSXV: BOGO | FSE: L4B0 Expanded Claim Package Significant Historic Drill Intercepts and Sampling Results ▪ Added 64 claims in Q4 by staking along a structure subparallel to the main Borealis Trend ▪ Highlights from 14 historical drillholes include: ▪ 20m of 0.55g/t gold in BRB003 from surface ▪ 12m
Slide 13: Geology & Mineralization
TSXV: BOGO | FSE: L4B0 Geology & Mineralization ▪ High-sulfidation epithermal system over large area (7 x 3 miles) hosted in Tertiary volcanic rock package ▪ Gold hosted by upper & lower Miocene pyroclastic rocks/tuffs, andesite and dacite flows & breccias, and laharic breccias ▪ Known mineralized s
Slide 14: Processing & Refining
TSXV: BOGO | FSE: L4B0 Processing & Refining ▪ Oxide & transition ore mined and crushed to 5/8” then stacked on conventional cyanide-agglomerated heap pads. ▪ Borealis uses an ADR (adsorption, desorption, and refining) plant to generate final doré on site ▪ Doré processed and refined off site in Ren
Slide 15: Processing Facilities on Site
TSXV: BOGO | FSE: L4B0 Processing Facilities on Site ADR Exterior Columns Kiln Refinery Gold Bars from 2024 ADR Interior Preg Pond Deep Bed Scrubber 15 15
Slide 16: Contact
TSXV: BOGO | FSE: L4B0 CONTACT Kelly Malcolm, CEO info@borealismining.com 289-371-3371 401-217 Queen Street West, Toronto, Canada, M5V 0R2 BorealisMining.com
Slide 17: Appendix
TSXV: BOGO | FSE: L4B0 Appendix
Slide 18: Glamis Gold: A Case Study
TSXV: BOGO | FSE: L4B0 Glamis Gold: A Case Study A Proven Growth Strategy: Consolidation $50 $45 E ▪ Glamis Gold (formerly, NYSE:GLG) was an intermediate gold producer with operating $40 Corporate acquisitions since 1998 added significantly to mines in Nevada (Marigold), Honduras (San Martin), Mexic
Slide 19: Glamis Gold: Asset Overviews
TSXV: BOGO | FSE: L4B0 Glamis Gold: Asset Overviews Glamis’ production statistics for Q3/2006. Intermediate Producer Built From a Consolidation of Smaller Gold Mines Quarter prior to acquisition ▪ Acquired in 2002, the El Sauzal Mine located in Chihuahua State, Mexico. The mine is a conventional Ore
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