For thousands of other reports visit RSC's Mineral Intellingence Map
Mandalay Resources Corp.
Summary
| Project: | Bjorkdal | |
|---|---|---|
| Deposit: | Bjorkdal | |
| Location: | Sweden | |
| Commodities: | Gold | |
| Date: | 2/21/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | Resource Estimation | |
| Project Stage: | Active Mining & Production | |
| Report details: | 21-2-2020: Mandalay Resources Corp. announces a Resource Estimation report for its Bjorkdal deposit at the Bjorkdal project. Mineral Resource Update for the Bjorkdal Mine. TORONTO, ON, February 21, 2020 -- Mandalay Resources Corporation ("Mandalay" or the | |
| Resources: | (Reserves, Prob.): 11Mt @ 1.54g/t Au | |
| CP/QP: | [Resources]: Reno Pressacco, Derek Holm, Jack Lunnon, David Smith (Roscoe Postle Associates Inc.) | |
| ABSTRACT: | TORONTO, ON, February 21, 2020 -- Mandalay Resources Corporation ("Mandalay" or the "Company") (TSX: MND, OTCQB: MNDJF) is pleased to announce updated Mineral Resources and Reserves numbers estimates for its Costerfield gold-antimony mine in Australia and its Björkdal gold mine in Sweden as at December 31, 2019. All dollar amounts in this press release are in U.S. dollars, unless otherwise noted. Dominic Duffy, President and CEO of Mandalay, commented, “Mandalay’s Proven and Probable Mineral Reserves as of December 31, 2019, totaled 816,000 ounces of gold and 17,800 tonnes of antimony, compared to 824,000 ounces of gold and 17,200 tonnes of antimony at year-end 2018.” Mr. Duffy added, “At Costerfield, we were pleased to increase Mineral Reserves net of depletion for production in 2019 as contained gold and antimony increased by 13% and 3%, respectively. By year-end 2019, the site exploration team had completed 6.8 kilometres of diamond drilling to test the extensions of the Youle ore body, and 2.8 kilometres of diamond drill core was drilled from the Costerfield Deeps project. | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report