$MANDALAYS MAJOR PRODUCTION UPLIFT, STABLE OPERATIONS GROWING PRODUCTION from 81,568 oz gold equivalent in 2018 to 105-117,000 AuEq oz in 2021
$COSTERFIELD GOLD & ANTIMONY MINE IN AUSTRALIA - beside Fosterville Kirklands Lake highgrade mine
Significant production growth expected via Youle vein Deep hole drilling below Youle and Cuffley
Testing shallow targets around old-workings
Target and generative testing focus in 2021
$BJÖRKDAL GOLD MINE, SWEDEN -
Step change in underground production. Increasing underground production with higher-grade ore from Aurora zone.
HIGH-POTENTIAL EXPLORATION UPSIDE
CONTINUING REGIONAL EXPLORATION
programs on known targets; seeking repetition of mineralization
BJÖRKDAL
Extensional drilling at aurora Defining mineralization and assessing the economics of the high-grade skarn deposit
FULLY-FUNDED
Cash position of $34.2M at 2020 year-end affords Mandalay with the financial flexibility to continue funding its exploration programs and sets the Company up for future profitability and growth
COSTERFIELD High-grade Youle vein the major growth catalyst
BJÖRKDAL Ramping up underground production, focusing on higher-cash margin ore
2021 GUIDANCE LATEST PRESENTATION Q4 2020 PRODUCTION REPORT Q4 AND YE2020 FINANCIAL 2020 RESERVES AND RESOURCES
$MANDALAYS MAJOR PRODUCTION UPLIFT, STABLE OPERATIONS GROWING PRODUCTION from 81,568 oz gold equivalent in 2018 to 105-117,000 AuEq oz in 2021
$COSTERFIELD GOLD & ANTIMONY MINE IN AUSTRALIA - beside Fosterville Kirklands Lake highgrade mine
Significant production growth expected via Youle vein Deep hole drilling below Youle and Cuffley
Testing shallow targets around old-workings
Target and generative testing focus in 2021
$BJÖRKDAL GOLD MINE, SWEDEN -
Step change in underground production. Increasing underground production with higher-grade ore from Aurora zone.
HIGH-POTENTIAL EXPLORATION UPSIDE
CONTINUING REGIONAL EXPLORATION
programs on known targets; seeking repetition of mineralization
BJÖRKDAL
Extensional drilling at aurora Defining mineralization and assessing the economics of the high-grade skarn deposit
FULLY-FUNDED
Cash position of $34.2M at 2020 year-end affords Mandalay with the financial flexibility to continue funding its exploration programs and sets the Company up for future profitability and growth
COSTERFIELD High-grade Youle vein the major growth catalyst
BJÖRKDAL Ramping up underground production, focusing on higher-cash margin ore
2021 GUIDANCE LATEST PRESENTATION Q4 2020 PRODUCTION REPORT Q4 AND YE2020 FINANCIAL 2020 RESERVES AND RESOURCES