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Mandalay Resources Corporation Announces Production and Sales Results for the Fourth Quarter and Full-Year 2021, Provides Production and Cost Guidance for 2022

TORONTO, Jan. 13, 2022 (GLOBE NEWSWIRE) Mandalay Resources Corporation ("Mandalay" or the "Company") (TSX: MND, OTCQB: MNDJF) announced today its production and sales results for the fourth quarter ....

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Investegate |Mandalay Resources Corporation Announcements | Mandalay Resources Corporation: Mandalay Resources Corporation Announces Production and Sales Results for the Fourth Quarter and Full-Year 2021, Provides Production and Cost Guidance for 2022

Investegate |Mandalay Resources Corporation Announcements | Mandalay Resources Corporation: Mandalay Resources Corporation Announces Production and Sales Results for the Fourth Quarter and Full-Year 2021, Provides Production and Cost Guidance for 2022
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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-y ....

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