Recorded on April 16 2026

TSX Venture: BOGO
OTCQB: BORMF
Frankfurt: L4B0

Borealis Mining is no longer just talking about production. In this interview, Kelly Malcolm explains how the company is already fully mining at the Borealis Mine in Nevada while simultaneously pushing Sandman into a much more advanced development phase. He breaks down why the latest Sandman economics changed the pace of the story, what detailed engineering and permitting work now looks like, and why metallurgy, hydrogeology, and geotechnical work matter before any true construction call. Kelly also lays out how Borealis wants mine cash flow to help fund Sandman, advance Big Balds, and potentially support future Nevada-focused growth. This is a strong update for investors tracking gold producers with real operational momentum, development optionality, and a visible pipeline. Like, subscribe, and ring the bell. #Millettian

Key topics

Borealis Mine active mining and heap leach operations in Nevada
Sandman fast-tracked toward a future construction decision
Detailed engineering, permitting, metallurgy, hydrogeology, and geotechnical work
Draft permit timing and broader 2027 technical timeline
Mine cash flow strategy and Sandman development funding
Big Balds exploration upside
Growth pipeline, M and A thinking, and dilution versus timing debate
Insider alignment and shareholder focus

Company links
Website https://borealismining.com/

Investors https://borealismining.com/investors/

Sandman Project https://borealismining.com/the-sandman-project/

Big Balds Project https://borealismining.com/big-balds-project/

X https://x.com/borealismining

Host Andy Millette Natural Resource Stocks
Website https://www.NaturalResourceStocks.net

YouTube Main https://www.youtube.com/@NaturalResourceStocks

YouTube Clips https://www.youtube.com/@NaturalResoureStocksClips

X https://x.com/theandymillette

LinkedIn https://www.linkedin.com/in/andymillette/

NRS LinkedIn https://www.linkedin.com/company/naturalresourcestocks-net/

Facebook https://www.facebook.com/people/Natural-Resource-Stocks/100090526686713/

TikTok https://www.tiktok.com/@natural.resource.stocks

Instagram https://www.instagram.com/naturalresourcestocks/

Chapters
00:00 Cold Open #Millettian
01:12 Welcome and Sandman update
01:29 Why the Sandman economics changed the pace
01:58 Engineering groups now in place
02:57 Timeline to draft permits
03:55 March 2027 target and long lead items
05:44 Resource growth and a bigger mine plan
06:37 Why news flow could stay active
07:16 Borealis Mine production and cash flow
09:28 Growth pipeline across Nevada
11:06 Growth now versus growth later
12:17 Insider ownership and shareholder alignment
12:53 How to follow Borealis

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