Borealis Mining announces First Production Blast at Borealis Gold Mine, Nevada

Borealis Mining Company Limited is pleased to announce the successful completion of its first production blast at the Borealis Gold Mine, located near Hawthorne, Nevada. The blast, completed on Wednesday, January 28, 2026, marks a key milestone in the restart of the Borealis Gold Mine and the transition into sustained mining operations.

“The completion of our first blast is a defining operational milestone for Borealis,” said Andreas Steckenborn, Chief Operating Officer of Borealis. “It reflects the successful execution of our restart plan and the efforts of our site team and contractors. With this milestone achieved, we are focused on safely advancing toward consistent, sustained mining operations.”

The inaugural production blast was completed within the permitted East Ridge open pit and successfully fragmented approximately 40,000 short tons of material. This blast represents the first large-scale production shot since the initiation of the Company’s mine restart program and confirms operational readiness following site preparation, contractor mobilization, and commissioning activities.