Mandalay Resources Corp. is pleased to provide an update on the deep drilling campaign completed at the Brown's Prospect at its Costerfield Operation . Drilling Highlights: 17-hole diamond drill program confirms the presence of a promising gold system at the Brown's Prospect, 2 km east of the current mining operation at Youle. Drilling has identified two main mineralized trends exhibiting high-grade gold intercepts [...]
Mandalay Resources Corp. announced today its production and sales results for the third quarter of 2021. Third Quarter 2021 Production Highlights: Consolidated saleable gold equivalent production of 33,121 ounces - highest quarterly result since Q4 2017; Consolidated 29,752 ounces of gold equivalent sold - highest quarterly amount in four years; Costerfield's highest ever quarterly saleable gold equivalent production of [...]
Mandalay Resources Corp. announced today that Equus Mining Limited has exercised its option to purchase Mandalay's Cerro Bayo mine in Region XI, Southern Chile. Mandalay originally granted Equus the option to purchase Cerro Bayo in October 2019, pursuant to a binding option agreement . Pursuant to the transaction, which is scheduled to be completed on December 1, 2021, Equus will acquire the Cerro Bayo mine, including its [...]
Mandalay Resources Corp. is pleased to provide an update on drilling progress at its Costerfield operation in Victoria, Australia. Further diamond drilling underneath the Youle orebody has resolved the Shepherd Zone into five distinct veins. These veins are grouped into the Eastern and Western horizons veins as described within the previous Shepherd Zone update . The Eastern veining group has been extended to the south [...]
Mandalay Resources Corp. is pleased to announce its financial results for the quarter ended June 30, 2021. The Company's condensed and consolidated interim financial results for the quarter ended June 30, 2021, together with its Management's Discussion and Analysis for the corresponding period, can be accessed under the Company's profile on www.sedar.com and on the Company's website at www.mandalayresources.com. All [...]
Mandalay Resources Corp. announces that its second quarter 2021 financial results will be released after market close on August 11, 2021, followed by a conference call with Dominic Duffy, President and Chief Executive Officer of Mandalay for investors and analysts on August 12, 2021, at 8:00 AM . Analysts and interested investors are invited to participate using the following dial-in numbers: Participant Number : 407-8289 [...]
Mandalay Resources Corp. announced today its production and sales results for the second quarter of 2021. Second Quarter 2021 Production Highlights: Solid quarterly production at each site, with further production improvements expected in the coming quarters; Consolidated saleable gold equivalent production of 28,843 ounces - fourth consecutive quarter of increased production; and Consolidated 28,115 ounces of gold [...]
Mandalay Resources Corp. is pleased to provide an update on the Main Zone and Lake Zone drilling programs at its Björkdal Operation in Sweden. New Drilling Highlights: Main Zone Veining 174.0 g/t gold over true width of 0.49 m in MU21-010; 6.1 g/t gold over true width of 8.85 m in MU21-010; and 105.0 g/t gold over true width of 0.21 m in MU21-015 Lake Zone Veining 226.0 g/t gold over true width of 0.21 m in MU21-003; 25.3 [...]
Mandalay Resources Corp. is pleased to provide an update on the newly discovered Shepherd Zone at its Costerfield Operation in Victoria, Australia. The Eastern vein has now been traced over 300 metres of strike length and approximately 100 m in vertical extent. The mineralization remains open to the south and at depth . The Western vein has now been traced over 400 m of strike length and approximately 100 m in vertical [...]
Mandalay Resources is pleased to announce the results of its Annual General Meeting of Shareholders held today virtually. All the resolutions presented at the Meeting were approved by the shareholders, with the votes cast by proxy representing 88.04% of the total shares outstanding as of the record date. Dominic Duffy, President and CEO of Mandalay commented, "On behalf of Mandalay's Board of Directors, I would like to [...]
Mandalay Resources Corp. is pleased to announce its financial results for the quarter March 31, 2021. The Company's condensed and consolidated interim financial results for the quarter ended March 31, 2021, together with its Management's Discussion and Analysis for the corresponding period, can be accessed under the Company's profile on www.sedar.com and on the Company's website at www.mandalayresources.com. All currency [...]
Mandalay Resources Corp. announces that its first quarter 2021 financial results will be released after market close on May 12, 2021, followed by a conference call with Dominic Duffy, President and Chief Executive Officer of Mandalay, for investors and analysts on May 13, 2021, at 8:00 AM . Analysts and interested investors are invited to participate using the following dial-in numbers: Participant Number: 689-8341 [...]