Borealis Mining - Acquisition of Gold Bull Resources, Sandman Project: Economics and Synergies

Kelly Malcolm, President and CEO of Borealis Mining (TSX.V: BOGO - FSE: L4B0) joins me to discuss the December 10th announcement of the acquisition of Gold Bull Resources, and the Sandman Project in Nevada. 

Kelly provides a recap of the current resource, released in 2021, and economics from a Preliminary Economic Assessment (PEA) released in 2023. We also discuss how this acquisition fits into the Company’s strategy of acquiring assets too small for major companies, with positive economics, close to the existing infrastructure owned by Borealis. 

Kelly then outlines the work needed to bring this asset to shovel ready and start building the mine. I also ask about potential exploration on the project. 

Please email me any follow up questions you have for Kelly. My email address is Fleck@kereport.com. 

Click here to visit the Borealis Mining website to learn more about the Company.