EXPLORATION & DEVELOPMENT

Mandalay hits bonanza grades at Youle

TSX-listed Mandalay Resources Corporation has reported a bonanza-grade intercepts in its first step-out drilling, and in extensional work, at its high-grade Youle deposit, within its Costerfield project in Victoria.

 Costerfield is one of the highest-grade gold mines in the world

Costerfield is one of the highest-grade gold mines in the world

The step-out drilling returned 0.11m at 460.5 grams per tonne, with an additional 0.2m at 165gpt in a wedge hole about 1m away.   The wedge was drilled after around 40% of the veined core was not recovered...

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