Mandalay Resources

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Overview

2023 Guidance

  Costerfield Björkdal Consolidated
Production
Gold (oz) 44,000 – 49,000 49,000 – 54,000 93,000 – 103,000
Antimony (t) 1,800 – 2,400 - 1,800 – 2,400
Gold Equivalent (oz)(1) 56,000 – 64,000 49,000 – 54,000 105,000 – 118,000
Cash Costs ($USD/oz)(2) $650 – $825 $975 – $1,125 $800 – $975
All-in sustaining Costs ($USD/oz)(2,3) $925 – $1,075 $1,325 – $1,475 $1,150 – $1,325
Capital Expenditures ($USDM)(4) $20M – $24M $24M – $28M $44M – $52M
  1. Assumes metal prices of: $1,797/oz, Sb $10,805/t. 
  2. Cash and all-in sustaining costs are a non-IFRS measure
  3. Consolidated all-in sustaining cost guidance includes expected corporate overhead spending
  4. Capital expenditures includes exploration at Björkdal and Costerfield; consolidated cost guidance includes expected Corporate G&A

Total Company Mineral Reserves

2021

 

Björkdal Contained Au (koz)

 Costerfield Contained Au (koz) Costerfield Contained Sb (kt)
Proven 74 150 13.1
Probable 468 162 6.5
Proven + Probable 542 312 19.6

Notes:

  • Reserves are contained at Björkdal and Costerfield properties only.
  • See property pages for details on Proven and Probable Reserve tonnages and grades at each property, including cut-off grades and Qualified Persons
  • Totals may appear different from the sum of their components due to rounding.

Total Company Mineral Resources Inclusive of Mineral Reserves

 

Björkdal Contained Au (koz)

Costerfield Contained Au (koz)

Costerfield Contained Sb (kt)
Measured 156 215 21.8
Indicated 990 259 17.5
Measured + Indicated 1,146 474 39.3
Inferred 359 114 6.7
  • See property pages for details on tonnages and grades and Qualified Persons.
  • Totals may appear different from the sum of their components due to rounding.
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