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Mandalay Resources Corporation reveals new intercepts from drilling near the Youle deposit on the Costerfield gold operation

Mandalay Resources Corporation reveals new intercepts from drilling near the Youle deposit on the Costerfield gold operation
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Dominic duffyMandalay resources corporationஆதிக்கம் செலுத்தும் டஃபிமாண்டலே வளங்கள் நிறுவனம்

FTSE 100 ends just above water; Wall Street cools off after hot start

FTSE 100 ends just above water; Wall Street cools off after hot start
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Mandalay Resources Corporation Announces Recent Drilling Results for Costerfield s Youle

Press release content from Globe Newswire. The AP news staff was not involved in its creation. Mandalay Resources Corporation Announces Recent Drilling Results for Costerfield’s Youle . Mandalay Resources CorporationJanuary 26, 2021 GMT TORONTO, Jan. 26, 2021 (GLOBE NEWSWIRE) Mandalay Resources Corporation (“Mandalay” or the “Company”) (TSX: MND, OTCQB: MNDJF) is pleased to provide an update on the Youle extension project at Costerfield, highlighting the delineation of the previously reported southern domain, and the discovery of a new high-grade extension to the northern trend of Youle. Youle Drilling Highlights Drill holes convey lateral continuity of current mine development area, linking to previously reported southern domain (Figure 4):

Chris davisDominic duffyEdison nguyenYouledeposit costerfield readersarecautionednottoAustralasian institute of miningGeostats pty ltdMandalay resources corporationOnsite laboratory services in bendigoResources corporationChief executive officerOnsite laboratory servicesAtomic absorption spectroscopyTechnical reportVice presidentOperational geologyMandalay resources

Mandalay Resources Corporation Announces Recent Drilling Results for Costerfield s Youle Deposit, Highlighting Further High-Grade Gold Depth Extensions

(1) TORONTO, Jan. 26, 2021 (GLOBE NEWSWIRE) Mandalay Resources Corporation ( Mandalay or the Company ) (TSX: MND, OTCQB: MNDJF) is pleased to provide an update on the Youle extension project at Costerfield, highlighting the delineation of the previously reported southern domain, and the discovery of a new high-grade extension to the northern trend of Youle. Youle Drilling Highlights Drill holes convey lateral continuity of current mine development area, linking to previously reported southern domain (Figure 4): 264.1 g/t gold and 19.7% antimony over a true width of 0.23 m in BC162; and 94.7 g/t gold and 16.4% antimony over a true width of 0.05 m in BC158. New high-grade results north of Youle extending at depth:

Chris davisDominic duffyEdison nguyenYouledeposit costerfield readersarecautionednottoAustralasian institute of miningMandalay resources corporationOnsite laboratory services in bendigoResources corporationChief executive officerOnsite laboratory servicesAtomic absorption spectroscopyVice presidentOperational geologyMandalay resourcesChartered professionalAustralasian institute

Mandalay Resources Corporation Announces Production and Sales Results for the Fourth Quarter and Full-Year 2020, Provides Production and Cost Guidance for 2021

Mandalay Resources Corporation Announces Production and Sales Results for the Fourth Quarter and Full-Year 2020, Provides Production and Cost Guidance for 2021 Fourth Quarter and Full-Year 2020 Production Highlights: Met full-year 2020 production guidance with a consolidated 103,444 ounces of gold equivalent produced; Achieved 35% year-over-year production growth in 2020; Produced 24,488 saleable gold ounces during Q4 2020, the Company s highest quarterly saleable gold production since Q4 2017; Recorded fifth consecutive quarterly improvement in consolidated saleable gold production; and Provided 2021 full-year consolidated production and cost guidance of 105,000 - 117,000 ounces of gold equivalent produced at expected cash cost of $800 - $1,000 and all-in sustaining cost of $1,100 - $1,350. In the fourth quarter of 2020, Mandalay produced a consolidated 27,351 saleable ounces of gold equivalent and sold 24,742 ounces of gold equivalent. For the full-year 2020, Mandalay produ

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