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Investegate |Mandalay Resources Corporation Announcements | Mandalay Resources Corporation: Mandalay Resources Corporation Announces Significant Grades and Depth Extension to the Lake Zone Veining of the Björkdal Deposit


Note: Significant drill composites are provided in Table 1 in the Appendix to this document.
Dominic Duffy, President and Chief Executive Officer of Mandalay, commented, “Given Björkdal’s long mine life of over 10 years, our exploration focus there has shifted away from incremental additions to existing resources and reserves to identifying and drilling more prospective areas with higher-grade mineralization possibilities. These exciting initial high-grade intercepts from the depth extension drilling have demonstrated significant continuation within the Lake Zone area. Follow up infill drilling will be ongoing as we endeavour to define the breadth of veining and bring these areas to production in the short term.” ....

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Mandalay Resources Corporation Announces Significant Grades and Depth Extension to the Lake Zone Veining of the Björkdal Deposit


Mandalay Resources Corporation Announces Significant Grades and Depth Extension to the Lake Zone Veining of the Björkdal Deposit
Björkdal Depth Testing Highlights
15 veins containing significant grades have been intercepted with inferred strike extensions of up to and over 300 meters ( m )
Standout intercepts identified:
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Identified skarnified marble lens:
Note: Significant drill composites are provided in Table 1 in the Appendix to this document.
Dominic Duffy, President and Chief Executive Officer of Mandalay, commented, Given Björkdal s long mine life of over 10 years, our exploration focus there has shifted away from incremental additions to existing resources and reserves to identifying and drilling more prospective areas with higher-grade mineralization possibilities. These exciting initial high-grade intercepts from the depth extension drilling have demonstrated significant continuation within the Lake Zone area. Follow ....

Northern Ostrobothnia , Chris Davis , Dominic Duffy , Edison Nguyen , Australasian Institute Of Mining , Mandalay Resources Corporation , Resources Corporation , Depth Testing , Chief Executive Officer , Lake Zone , Vice President , Operational Geology , Lake Zone Skarn , Main Zone , North South Cross Section , Technical Report , Gold Mine , Mandalay Resources , Chartered Professional , Australasian Institute , Qualified Person , Chief Executive , Looking Statements , Deeps Significant Drilling , Bj 246 Rkdal , வடக்கு ஒஸ்திரோபோடஞிய ,