Expansion Of The Borealis Property Through Claim Staking

VANCOUVER - Borealis Mining Company Limited reported the expansion of its claim package at the Borealis property in Nevada. The newly acquired claims add 3.66 square miles to an existing 22.9 square mile package within one of the largest zones of hydrothermal alteration in the State1. These new claims contain significant historical drill intercepts and surface sampling results along a structure subparallel to the main Borealis trend.

Sixty-four claims were added by claim staking on the east side of current claim holdings, containing 14 historical drillholes and numerous surface samples containing significant gold mineralization.

Iain Campbell, VP Exploration, said, "The new claims contain meaningful Au mineralization in historical drillholes, and significant mineralization in multiple surface samples. This is an example of a previously discovered oxide target on the property, much like the existing Bullion and Boundary Ridge gold deposits, that just need more drilling to potentially bring into the future production pipeline. This gives the Exploration Team at Borealis the unique opportunity to take a methodical and patient approach to exploration for new deposits, expected to ultimately benefit investors and the company's bottom line."