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About Mandalay Resources Corporation: Mandalay Resources is a Canadian-based natural resource company with producing assets in Australia (Costerfield gold-antimony mine) and Sweden (Björkdal gold mine). The Company is focused on growing its production and reducing costs to generate significant positive cashflow.
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securities of its sole subsidiary, Mandalay Resources Costerfield Operations Pty ( " Mandalay Costerfield "). Mandalay Costerfield is governed by the laws of The Corporations Act 2001 (Australia). Mandalay acquired allthe issued and outstanding shares of Elgin Mining Inc. (" Elgin ") on September 10, 2014, in a court-approved plan of ...
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Mineral Reserves at Costerfield of gold and antimony net of depletion by 25% and 22% respectively, extending the mine life from three years to between four and five years. This represents the longest reserve mine life Costerfield has had during Mandalay's ownership. We
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Mandalay Resources Corporation Provides Exploration Update TORONTO, ON, September 30, 2019 – Mandalay Resources Corporation ("Mandalay" or the ... trend of Youle and the Main Costerfield mine. As a result, the Youle extension drilling was re- ... existence of an anticlinal environment or thrust ramp in the area between, which presents a
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Mandalay Resources 155 University Ave Suite 720 Toronto, ON M5H 3B7 Canada Phone 647-258-9722
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Mr. Jentz brings over 20 years of experience in mining operations, board governance and M&A investment banking. Among his significant contributions to the industry is his role in the growth of SEMAFO, a gold mining company that successfully acquired, developed, and operated four mines, leading to its eventual C$1 billion sale. Mr. Jentz holds an HBSc degree from the …
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Costerfield gold-antimony mine, Victoria, Australia Costerfield produced 9,959 ounces of gold and 858 tonnes of antimony for 14,818 gold equivalent ounces in the second quarter of 2021. Cash and all-in sustaining costs at Costerfield of $652/oz and $1,009/oz, respectively, compared to cash and all-in sustaining costs of $662/oz and
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About Mandalay Resources Corporation: Mandalay Resources is a Canadian-based natural resource company with producing assets in Australia (Costerfield gold-antimony mine) and Sweden (Björkdal gold mine). The Company is focused on growing its production and reducing costs to generate significant positive cashflow.
WhatsApp: +86 18221755073
TORONTO, ON, April 08, 2024 — Mandalay Resources Corporation ("Mandalay" or the "Company") (TSX: MND, OTCQB: MNDJF) announces strong first quarter production results marked by a notable increase in cash balance. All currency references in this press release are in U.S. dollars except as ... Australia (Costerfield goldantimony mine) and ...
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Costerfield Operations is governed by the laws of The Corporations Act 2001 (Australia). Mandalay Resources (Chile) SPA ("Mandalay Chile") is a private Chilean company, incorporated by Mandalay under the laws of Chile on March 15, 2010. The Corporation owns a interest in …
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About Mandalay Resources Corporation: Mandalay Resources is a Canadian-based natural resource company with producing assets in Australia (Costerfield gold-antimony mine) and Sweden (Björkdal gold mine). The Company is focused on growing its production and reducing costs to generate significant positive cashflow.
WhatsApp: +86 18221755073
Mandalay Resources is a Canadian-based resource company with producing assets in Australia (Costerfield gold-antimony mine) and Sweden (Björkdal gold mine). The Company is focused on growing its production and reducing costs to generate significant positive cashflow. ... Mandalay Resources Delivers Strong Second Quarter 2024 Financial Results ...
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MANDALAY RESOURCES CORPORATION ANNOUNCES FINANCIAL RESULTS FOR THE SECOND QUARTER 2022 ... The underground ramp up continued as we mined approximately 276,000 tonnes; on pace to exceed our 2021 result of 1.1 million tonnes from the ... Costerfield gold-antimony mine, Victoria, Australia Costerfield produced 11,079 ounces of gold and 523 …
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Currently, Youle and Shepherd are the main source of material for Costerfield. The mining method employed is long-hole stoping with cemented rock fill. Ore is accessed by a primary spiral …
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2023 Environmental, Social and Governance Report | Mandalay Resources 3 About Mandalay Mandalay Resources Corporation ("Mandalay" or "the Company") is a Canadian-based natural resource company with two producing assets: The Costerfield gold-antimony mine ("Costerfield") in Australia and The Björkdal gold mine (Björkdal) in Sweden.
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About Mandalay Resources Corporation: Mandalay Resources is a Canadian-based natural resource company with producing assets in Australia, Sweden and producing and exploration projects in Chile. The Company is focused on generating near-term cash flow and shareholder value. 2019E 2020E 2021E Björkdal
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Resources Costerfield Operations Pty (" Mandalay Costerfield "). Mandalay Costerfield is governed by the laws of The Corporations Act 2001 (Australia). Mandalay acquired allthe issued and outstanding shares of Elgin Mining Inc. (" Elgin ") on September 10, 2014, in a court-approved plan of arrangement. Elgin Mining was a public ...
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comparable quarter in the prior year was due to operational improvements in the mine and plant in the previous quarters plus excellent mine and mill grades achieved during the quarter. In the first quarter of 2013, the Costerfield mine achieved higher ore delivery, producing 25,865 t, versus 19,093 t in 2012.
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TORONTO, ON, February 16, 2022 -- Mandalay Resources Corporation ("Mandalay" or the "Company") (TSX: MND, OTCQB: MNDJF) is pleased to announce updated Mineral Resources and Reserves estimates for its Costerfield gold-antimony mine in Victoria, Australia and its Björkdal gold mine in Skellefteå, Sweden as at December 31, 2021.
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Costerfield Near Mine. Shepherd Surrounds: Further extensions near multiple Shepherd veins Brunswick Deeps: Indications of Shepherd and Youle style veins at depth and to the north of Brunswick Cuffley Deeps: Testing the strike and depth extensions of Cuffley Deeps and Sub KC resources Björkdal. Higher-Grade Resources. Eastern extension is proving to lift current ore …
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About Mandalay Resources Corporation: Mandalay Resources is a Canadian-based resource company with producing assets in Australia (Costerfield gold-antimony mine) and Sweden (Björkdal gold mine). The Company is focused on growing its production and reducing costs to generate significant positive cashflow. Mandalay
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Mandalay has a successful history of doing this, including: Costerfield, Björkdal and at Cerro Bayo in Chile, which has been optioned to Equus Mining.
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Mandalay Resources 155 University Ave Suite 720 Toronto, ON M5H 3B7 Canada Phone 647-258-9722
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Mandalay Resources Corporation Announces Record Financial ... Costerfield gold-antimony mine, Victoria, Australia In the second quarter of 2012, Costerfield produced a record salable 4,122 oz Au and 612 t Sb, ... In the second quarter of 2012, the Costerfield mine achieved record ore delivery, producing 24,714 t, versus 19,093 t in the previous ...
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the aim of building a new economic panel for extension of Costerfield mine by testing below the Brunswick orebody and workings. Figure 1. Perspective representation looking west of the Costerfield mine workings and major veining. Veining unchanged during 2023 in red and discovered or updated veining in varied colours to link with below long ...
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During 2022 and 2023, at Costerfield, Mandalay drilled a total of 82.9 kilometers ("km") of exploration diamond core. The breakdown of this drilling campaign was as follows: 27.0 km to test...
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Mandalay Resources 155 University Ave Suite 720 Toronto, ON M5H 3B7 Canada Phone 647-258-9722
WhatsApp: +86 18221755073
About Mandalay Resources Corporation: Mandalay Resources is a Canadian-based natural resource company with producing assets in Australia (Costerfield gold-antimony mine) and Sweden (Björkdal gold mine). The Company is focused on growing its production and reducing costs to generate significant positive cashflow.
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Costerfield gold-antimony mine, Victoria, Australia Costerfield produced 13,016 ounces of gold and 404 tonnes of antimony for 15,383 gold equivalent ounces in the fourth quarter of 2023. Cash and all-in sustaining costs at Costerfield of $738/oz and $920/oz, respectively, compared to cash and all-in sustaining costs of $608/oz and
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Mandalay Resources Australia Pty ("MRA"), formerly Australian Gold Development, is a private Australian Corporation that operates Costerfield. MRA owns of the voting securities of its sole subsidiary, Mandalay Resources Costerfield Operations Pty.
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Costerfield Mineral Reserves and Resources Highlights • 559,000 tonnes at a gold grade of 10.5 g/t and 1.9% antimony, for an approximate 188,000 ounces of gold and 10,600 tonnes of …
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Mr. Self was a leader of Emergency Response Team, attaining a Certificate 4 in Public Safety (Leadership), and Certificate 3 Mine Emergency Response and Rescue. Mr. Self has been with Mandalay's Costerfield operation since 2018, originally as Technical Services Superintendent, and since 2019 in the role of Mine Manager.
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Mandalay Resources Corporation Announces Financial Results for the First Quarter of 2012 . TORONTO, ON, May 9, 2012 -- Mandalay Resources Corporation ("Mandalay" or the ... Costerfield mine in Victoria, Australia, was the second highest since the Company restarted ... production ramp-up and exploration at Cerro Bayo this year. With continued ...
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Mineral Reserves and Resources. By the end of 2021, we extended Costerfield's life of mine by two years to 2027. Costerfield's total Mineral Reserves as of December 31, 2021, were 769,000 tonnes at 12.6 grams per tonne gold and 2.5% antimony for a contained amount of 312,000 gold ounces and 19,500 tonnes antimony.
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Since Mandalay Resources acquired the Costerfield Mine, it has achieved several significant milestones. In 2019, the mine produced 46,388 ounces of gold and 4,963 tonnes of …
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Costerfield • 2-to-5-year Reserve life since 2012 • Total discovery cost for M&I Resources: $42/oz AuEq2 Björkdal • Increase M&I Resources since 2015 while replacing Reserves • Total discovery cost for M&I Resources: $15/oz Au3 (1) Consolidated since 2015 (2) From 2010 to 2023 (3) From 2016 to 2023 TSX: MND Costerfield M+I vs ...
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