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Mandalay Resources finds high-grade gold and antimony in Australia, signaling potential for expanded mining.
Mandalay Resources Corporation has reported high-grade gold and antimony findings at its True Blue prospect near the Costerfield mine in Victoria, Australia.
The company found 578 grams per tonne of gold and 20.5% antimony over 0.47 meters.
Two drilling rigs have been deployed to further explore the area, with the potential for the True Blue prospect to expand the existing Costerfield mining operations.
The discovery could indicate a larger mineralized system spanning up to 4 kilometers.
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Mandalay Resources encuentra oro de alta calidad y antimonio en Australia, lo que indica un potencial de expansión de la minería.