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).

TSX:MND - Post by User

Mandalay Resources Corp.

Bullboard Posts

Comment by ganndolphon Mar 23, 2019 3:04pm

76 Views

Post# 29527347

RE:Costerfield NI43-101 Sec 9.6 Surface mapping ...

Sherry35,

The discussion in Section 9.6 is pie in the sky boilerplate, IMHO. I am not impressed by the quality of this report. There are 11 references to a mine plan in the technical report, but yet there is no mine plan of monthly gold and antimony production presented in the report for 2019 to 2024.

The only useful report section is Section 13.2 which lists the LOM ore blend from 2019 onwards as:

11% Augusta, 11 % Cuffley, 29 % Brunswick, and 50 % Youle

Bullboard Posts

Who, why, and what of the great "Crypto Surge"