Mandalay Resources

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Overview

2024 Guidance

  Costerfield Björkdal Consolidated
Production
Gold (oz) 41,000 – 44,000 43,000 – 47,000 82,000 – 91,000
Antimony (t) 1,100 – 1,500 - 1,100 – 1,500
Gold Equivalent (oz)(1) 47,000 – 53,000 43,000 – 47,000 90,000 – 100,000
Cash Costs ($USD/oz)(2) $850 – $970 $1,270 – $1,390 $1,050 – $1,170
All-in sustaining Costs ($USD/oz)(2,3) $1,080 – $1,260 $1,690 – $1,850 $1,450 – $1,580
Capital Expenditures ($USDM)(4) $21M – $25M $20M – $24M $41M – $49M
  1. Assumes metal prices of: $1,900/oz, Sb $11,000/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

2023

 

Björkdal Contained Au (koz)

 Costerfield Contained Au (koz) Costerfield Contained Sb (kt)
Proven 22 136 7.6
Probable 468 52 3.0
Proven + Probable 490 188 10.6

Notes:

  • Costerfield Mineral Reserves as of December 31, 2023
  • 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 40 203 16.3
Indicated 1,178 127 12.5
Measured + Indicated 1,218 330 28.8
Inferred 265 64 5.1
  • 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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