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Borealis Mining Achieves Historic Gold And Silver Breakthrough With Record Dor Pour
Borealis Mining Celebrates Milestone with First Gold and Silver Doré Pour
In a significant achievement, Borealis Mining has completed its first gold and silver doré pour from stockpile crushing and heap leaching at the Borealis mine site. The company’s efforts have paid off, yielding a total of 65.6 pounds, equivalent to 956.7 troy ounces (oz) of doré, which has been cast into two bars.
This milestone marks an important step forward for the company, demonstrating its capabilities in gold and silver production. The doré has been shipped to Asahi Refining in Salt Lake City, Utah, for refining and subsequent sale. However, the company is awaiting final assay results to confirm the grade and value of the doré.
Preliminary results suggest a 50-50 gold-silver ratio, with some additional waste metal present. This information will be crucial in determining the market value of the doré. Heap leaching and crushing of the oxide material remain ongoing, with approximately 106,000 tonnes(t) under cyanide solution treatment and another 34,000t crushed but not yet leached.
These processes are essential for extracting gold and silver from the ore, and Borealis Mining’s efforts in optimizing these operations have been crucial to this milestone. Borealis COO Andreas Steckenborn expressed his pride in the team’s achievement, stating that 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.
Steckenborn also highlighted the company’s efforts in optimizing operations and training, which have paid off with a perfectly executed pour. The carbon columns at the mine are currently well-loaded with gold and silver, and the next pour is anticipated within weeks. This steady revenue stream will be crucial for Borealis Mining’s growth plans, particularly with the upcoming re-start of the Borealis mine.
Borealis Mining is engaged in gold mining and exploration in Nevada, and its Sandman project is also advancing in the state. The company’s focus on gold production and exploration is driven by its expertise in heap leach gold mining. The Borealis Mine is a fully permitted site, equipped with active heap leach pads and an ADR (adsorption, desorption, and recovery) facility, supporting infrastructure for heap leach gold mining.
In December last year, Borealis Mining signed a definitive agreement to acquire all issued and outstanding shares of Gold Bull Resources, a gold mining company based in the United States. This acquisition will further strengthen Borealis Mining’s presence in the market and expand its operations.
The global gold and silver markets are experiencing fluctuations due to various factors, including geopolitical tensions and shifts in supply-demand dynamics. As a result, companies like Borealis Mining need to remain agile and adapt to changing market conditions. By focusing on optimizing operations, training staff, and investing in infrastructure, Borealis Mining is well-positioned to navigate these challenges and capitalize on opportunities.
The acquisition of Gold Bull Resources has further strengthened Borealis Mining’s presence in the market and expanded its operations. The company’s focus on gold production and exploration is driven by its expertise in heap leach gold mining. With a solid foundation in place, Borealis Mining is poised to capitalize on opportunities and drive growth in an increasingly complex market landscape.
The steady revenue stream generated from this milestone will be crucial for Borealis Mining’s growth plans, particularly with the upcoming re-start of the Borealis mine. As the company looks to expand its operations and capitalize on opportunities, it remains well-positioned to navigate the challenges and fluctuations in the global gold and silver markets.
By focusing on optimizing operations, training staff, and investing in infrastructure, Borealis Mining is poised to drive growth and succeed in an increasingly complex market landscape. The company’s success is a testament to the expertise and dedication of its team.
As the industry continues to evolve, companies like Borealis Mining need to remain at the forefront of innovation and best practices. By doing so, they can stay ahead of the competition and drive growth in a rapidly changing market landscape.
The global gold and silver markets are experiencing fluctuations due to various factors, including geopolitical tensions and shifts in supply-demand dynamics. As a result, companies like Borealis Mining need to remain agile and adapt to changing market conditions.
By focusing on optimizing operations, training staff, and investing in infrastructure, Borealis Mining is well-positioned to navigate these challenges and capitalize on opportunities. The company’s focus on gold production and exploration is driven by its expertise in heap leach gold mining.
With a solid foundation in place, Borealis Mining is poised to capitalize on opportunities and drive growth in an increasingly complex market landscape.