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Borealis starts 5,000m drilling at Sandman Gold Project to advance development and expand resources.

Company Fundamentals
10 Jun 2026
Newsfile Corp
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Bullish
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Borealis Mining has launched a 5,000-metre drilling program at its Sandman Gold Project in Nevada to support engineering, mine planning, and permitting efforts. The program includes metallurgical and geotechnical testing across four deposits and aims to expand the resource base. Sandman hosts nearly 500,000 ounces of gold with strong economics from a 2026 Preliminary Economic Assessment, projecting a $203 million NPV and 105% IRR. Borealis plans to use drilling results to advance development and explore new targets in the district.

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