Bullboard - Stock Discussion Forum 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... see more

TSX:MND - Post Discussion

Mandalay Resources Corp. > Bjorkdal ASIC going forward

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Post by Sherry35 on May 16, 2022 1:53pm

Bjorkdal ASIC going forward

I just listened to the Duffy's presentation at the BMO conference. Once MND obtains the Eastern Extension mining license, I would expect the ASIC to drop down to $1000 US ounce with 3 g/t head grade on the plant. This maybe a extremely agressive target.

Has anyone crunched the numbvers in relation to Auroa and Eastern Extension grades, and their effect on the mill head grade.

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