Recorded on 1-30-2026
TSXV BOGO OTC Pink BORMF FSE L4B0
Andy Millette is on site with Kelly Malcolm President and Chief Executive Officer of Borealis Mining to break down a major restart milestone at the Borealis Gold Mine in Nevada the company’s first production blast and the immediate steps that follow. Kelly walks through what changes now that blasting is complete including excavation starting Monday and how material moves from the pit through crushing and stacking onto the heap leach pad. They map the full recovery loop from circulating solution through the heap to the ADR plant and into gold doré production and explain why Borealis expects minimal lag between this milestone and ongoing pours. Kelly also explains why the coming quarter is best treated as an execution and tuning phase before the company delivers firmer production guidance. The conversation expands to the bigger value proposition Nevada jurisdiction strength exploration upside at Borealis plus the Sandman asset and Big Balds and what catalysts matter most through the first half of the year including financial results and potential M and A. Andy discloses he is a shareholder and Borealis is a sponsor of Natural Resource Stocks. #Millettian
Key topics
First production blast and what it proves operationally
Excavation start Monday and the near term mining sequence
Heap leach workflow plus ADR recovery to gold doré
Why this quarter is the test quarter before firm guidance
Nevada advantage and why Borealis is positioned now
Sandman updated study expectations plus portfolio upside
Cash position share structure and fully diluted context
Where it trades and what an OTC uplisting could change
Guest or company links
https://borealismining.com
https://borealismining.com/investors
https://borealismining.com/news
https://borealismining.com/borealis-project
https://borealismining.com/the-sandman-project
https://borealismining.com/management-board
Host
Andy Millette
https://www.NaturalResourceStocks.net
https://www.youtube.com/@NaturalResourceStocks
https://www.youtube.com/@NaturalResoureStocksClips
https://www.linkedin.com/in/andymillette
Chapters
00:00 On site first blast and disclosures
00:42 Why this milestone matters now
02:04 Now it is time to execute
02:46 Excavation starts Monday process to heap and ADR
05:09 Test quarter and when guidance tightens
07:57 Nevada advantage and 30,000 foot view
08:23 Sandman study Big Balds and cash strength
09:05 Boom momentum and why investors care
12:12 Catalysts financials exploration and M and A
14:00 Cash raise share count fully diluted framing
16:41 Correct tickers and OTC uplisting context
The content provided by Galt Consulting Group, doing business as NaturalResourceStocks.net, including but not limited to interviews, articles, podcasts, and other digital media, is for informational purposes only. We reserve the right to buy and sell shares of any company mentioned in these communications, including sponsors of the NaturalResourceStocks.net platform.
If Galt Consulting Group or any affiliated parties are invested in a company mentioned in our content, we will publicly disclose such investments on all digital platforms, including but not limited to the NaturalResourceStocks YouTube channel, Apple Podcasts, and Spotify. This disclosure will include clear statements indicating whether or not we hold shares in the companies discussed.
Nothing in our content constitutes financial advice. Every investor is responsible for conducting their own due diligence and should seek the advice of a qualified financial professional before making any investment decisions. Past performance is not indicative of future results, and investments in the stock market can result in the loss of principal.
By engaging with our content, you acknowledge that you are fully responsible for your investment decisions and agree to hold Galt Consulting Group, NaturalResourceStocks.net, and its affiliates harmless for any financial losses incurred.
