Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 Jun 02, 2019 5:37pm
77 Views
Post# 29792597

RE:RE:RE:RE:RE:RE:RE:RE:RE:Debt and interest owed?

RE:RE:RE:RE:RE:RE:RE:RE:RE:Debt and interest owed?ganndoplh - Hey!. You're still in the game. Thought you disappeared.

With respect to your analysis on Bjorkdal production, the underground head grade of 2.2 g/t Au puts the annual production at 79,200 ounces. This blows out the 2021E on the investor presentation. Bjorkdal has definitely returned to profittable. And, picking up the slack on the Brunswick production.

The Costerfield production numbers have not been reforecatsed to date. It's going to be interesting horse race as the Youle production ramps up. Do you have any idea when they'll reach the zone (300m to go) and how long it will take to install the infrastructure?

Back to the DH geophysics. Do you think the geophysics coverage on the directional drill head is comparable to doing the geophysics independently after the drilling?
Bullboard Posts