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. > Bjorkdal

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Comment by Lowcapmocapon Apr 14, 2022 11:27am

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Post# 34603889

RE:RE:RE:Bjorkdal

Agreed. I do expect gradually improving quarters from here on due to refinements (and for FY 2022 number to be the best yet) but I do see the risk of Bjokrdal slightly underperforming this year as mining is always a risky and unpredictable business. Costerfield should be good especially with crusher issues ironed out moving forward. I do expect higher realised gold prices to offset any minor issues though but that's beyond Mandalay's control.

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