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 Feb 22, 2019 10:50am

67 Views

Post# 29399518

RE:RE:Thoughts on secondary

Perhaps ... with the financials still not relased thus we are in a blackout for next few weeks. IR mentioned the pursuit of 3 acqusitions back in 2017 and one of the three in 2018. At this point, I'm hoping for a high grade deposit near Bjorkdal with grades higher than currently drilled.

Also, MND has two large permitted exploration areas book ending the mining permit. I'm very weak on the exploration activties on these two permited areas.

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