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Mandalay Resources Corp. T.MND

Alternate Symbol(s):  MNDJF

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

Bullboard Posts
Comment by Sherry35on Apr 15, 2019 10:26pm
87 Views
Post# 29631113

RE:RE:True Blue, Robinson Reef & Brown's Diggings

RE:RE:True Blue, Robinson Reef & Brown's Diggingsganndoplh

As per my discussion with MND today, the outcome of below surface below/above driilling, along with surface drilling downwards, may very well point to a pitable mine as the step-out drilling program continues on the Auroa zone. This would ease nicely into their current operations.

It was unclear to me during the discussion as to the source of the gold is known by MND, or if DH geophysics would be conducted on some of the deeper holes being dr9illed below 450M.

The focus is to increase profitablity through higher grades. This is driving their exploration efforts. The next 18 drill hole assay results will be very interesting.

I hinted at having a bumper 4Q Au production by changing the head grade mix to favour more ore from the Auroa zone.

I'm on the BID as well. Got some at 10.5 cents.

Bullboard Posts