Mandalay Resources Corp. T.MND

Alternate Symbol(s): MNDJF

Metals & Mining Gold

Mandalay Resources Corporation is a Canada-based natural resource company with producing assets in Australia (Costerfield gold-antimony mine) and Sweden (Bjorkdal gold mine). The Costerfield operation is located in Victoria, Australia, within the Costerfield mining district, approximately 10 km northeast of the town of Heathcote, Victoria. Youle and Shepherd are the main source of material for Costerfield. The Costerfield operation has a land package of approximately 1,219 hectares. The Bjorkdal operation is located within the Boliden mining district, approximately 28 km northwest of the municipality of Skelleftea and approximately 750 km north of Stockholm. The Bjorkdal mine produces ore from the Aurora zone underground mine, as well as from a stockpile of low-grade material accumulated over the course of its life of mine. The Bjorkdal operation has a land package of around 12,949 hectares. Its non-core properties include Lupin mines (Canada) and La Quebrada (Chile).

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Mandalay Resources Corp.

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Comment by Sherry35on Sep 28, 2018 9:50am

78 Views

Post# 28708325

RE:RE:Mandalay webcast at Denver Gold Forum

Nothing new in the Webcast. My investment is dead for the next 9 months.

No indication of new explorations at Bjrkdal, or possible acquisitions. Web page states "Exploration has been underfunded at Bjrkdal for many years. As soon as the geologic mapping, logging, sampling, and analytic practices have been upgraded to support a high-quality gold exploration model, Mandalay intends to increase the rate of drilling to infill currently defined Inferred Resources and extend mineralization along strike and down dip."

Is there any infill drilling done? Any new geo physics being scheduled?

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