Borealis Exploration Ltd

OTC Pink - Limited Information:BOREFUnited States

Vancouver, British Columbia--(Newsfile Corp. - November 18, 2024) - Borealis Mining Company Limited (TSXV: BOGO) (FSE: L4B0) (the "Company" or "Borealis") is pleased to announce an agreement (the "Agreement") to engage the services of ICP Securities Inc. ("ICP") to provide automated market making services, including the use of its proprietary algorithm, ICP Premium(TM), in compliance with the policies and guidelines of the TSX Venture Exchange and other applicable legislation.

The quality assurance and quality control protocols in place at Borealis include insertion of blank or standard samples every 10 samples on average, in addition to the regular insertion of blank duplicate, and standard samples by the analytical laboratory during the assay process. The assay results presented herein are derived from both diamond drill core and RC drill chips. For diamond drill core, geologists mark out samples for geotechnicians to saw in half, from which one half is retained at the Borealis mine site and the other half is submitted for assay. For RC drilling, geologists supervise riffle splitting of RC return at the drill site. Samples were submitted to both ALS Global's Reno, NV laboratory and Paragon Geochemical's Sparks, NV laboratory. At ALS, samples were treated with a 30 gram fire assay with an AA finish, along with a four-acid multi-element analysis (MS-MS61). At Paragon, samples were treated either with a 30 gram fire assay with an AA finish or a 300-500 gram PhotonAssay for Au, and four-acid multi-element analysis (48MA-MS).