Mandalay Resources Corp. announced today its production and sales results for the first quarter of 2023. First Quarter Production Highlights: Consolidated saleable gold equivalent production of 19,986 ounces; and Consolidated saleable gold equivalent sold was 21,769 ounces. Frazer Bourchier, President and CEO of Mandalay, commented: "Mandalay's [...]
Mandalay Resources Corp. announces that it has filed its Annual Information Form for the year ended December 31, 2022. The Annual Information Form can be accessed under the Company's profile at www.sedar.com and on the Company's website at www.mandalayresources.com. Mandalay has also filed an updated National Instrument 43-101 compliant Technical [...]
Mandalay Resources Corp. is pleased to announce that Frazer Bourchier has been appointed by the Board of Directors to lead Mandalay as the new President and Chief Executive Officer effective April 3, 2023. Mr. Bourchier will also be appointed to the Board. In the interim, current CEO, Dominic Duffy, will be working closely with Mr. Bourchier to [...]
Mandalay Resources is pleased to provide an update on the drilling campaigns at the Robinson and True Blue Prospects at its Costerfield Operation. Drilling Highlights: 12-hole diamond drill program confirms the presence of gold anomalism along the Wolfe Trend at Robinson Prospect; however, Mandalay has not been able to replicate the exceptional [...]
Mandalay Resources Corp. is pleased to announce its financial results for the fourth quarter and year ended December 31, 2022. The Company's audited consolidated financial results for the year ended December 31, 2022, together with its Management's Discussion and Analysis for the corresponding period, can be accessed under the Company's profile on [...]
Mandalay Resources Corp. is pleased to provide an update on the Eastern Plunge Extension drilling and significant intercepts from the Aurora Upper Extension program at its Björkdal operation in Sweden. New Drilling Highlights: Eastern Plunge Extension 783.0 g/t gold over 0.35 m in MU22-032; 104.7 g/t gold over 1.00 m in MU22-031; and 22.7 g/t gold [...]
Mandalay Resources Corp. is pleased to announce an updated Mineral Resources and Reserves estimates for its Björkdal gold mine in Skellefteå, Sweden as at December 31, 2022. All dollar amounts in this press release are in U.S. dollars unless otherwise noted. Highlights: Mineral Reserves increased by 32,000 oz net of yearly depletion; Mineral [...]
Mandalay Resources Corp. today announced that its fourth quarter and full-year 2022 financial results will be released after market close on February 23, 2023, followed by a conference call with Dominic Duffy, President and Chief Executive Officer of Mandalay, for investors and analysts on February 24, 2024, at 8:00 AM . Analysts and interested [...]
TORONTO, Jan. 16, 2023 /CNW/ - Mandalay Resources Corp. announced today that the Toronto Stock Exchange has approved its notice of intention to make a normal course issuer bid for a portion of its common shares . The NCIB will be made in accordance with the requirements of the TSX. Mandalay may begin to purchase Common Shares on or about January [...]
Mandalay Resources Corp. announced today its production and sales results for the fourth quarter and full-year 2022 and provides production and cost guidance for 2023. 2022 Production Highlights: Consolidated full-year 2022 production of 105,906 saleable gold equivalent ounces; and Full-year consolidated saleable gold equivalent sold was 106,094 [...]
Mandalay Resources Corp. today announced that Dominic Duffy has advised the board of directors of his decision to resign as President and Chief Executive Officer for personal reasons. Mr. Duffy will continue to serve as CEO and assist with the transition of leadership until his departure in July 2023. He will also remain on the board in a [...]
Mandalay Resources Corp. is pleased to announce that it has entered into a credit agreement with The Bank of Nova Scotia providing for a senior secured revolving credit facility in an aggregate amount of up to US$35 million . The initial drawdown under the Revolving Credit Facility will be used to repay the Company's existing syndicated facility [...]
