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Mandalay Resources CEO says drill results in Australia signal a 'potential mineable' ore body

Mandalay Resources Corp (TSE:MND) Chief Executive Officer Mark Sander tells Proactive Investors the precious-metals miner has reported encouraging high-grade drill results from exploration under the historic Costerfield mine in Australia.

Sander says the drill results signal a potential mineable ore body. He adds that depending on the results of permitting and infill drilling, there may not be a potential for a long-term upside, while more results are expected in upcoming months.

Quick facts: Mandalay Resources Corp.

Price: 2.15 CAD

Market: TSX
Market Cap: $196.14 m

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Mandalay Resources latest drilling shows impressive results from Youle...

Mandalay Resources (TSE: MND-OTCQB: MNDJF) President and CEO Dominic Duffy joined Steve Darling from Proactive with news the company has seen some very strong numbers from the latest drill results on the Youle Deposit at their Costerfield Project. Duffy telling Proactive the numbers returned...

on 23/10/20

2 min read