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Mandalay Resources Corp Reports Record Q2 Production and Sales

Update:2012-07-10 08:59:21  Source:AntimonyNet  Author:Miranda Return

Mandalay Resources Corporation (MND.TO) announced today its production and sales results for the second quarter of 2012.

Production for the three months ended June 30, 2012:

- The company produced a total of 9,215 ounces gold, 612 tonnes antimony, and 814,970 oz silver, representing a total of 29,210 oz of gold equivalent production.

- Production at Costerfield (Australia) was 4,122 oz Au and 612 t Sb. These represent the highest production volumes since Mandalay assumed management of the mine in the fourth quarter of 2009.

- Production at Cerro Bayo (Chile) reached record volumes of 5,093 oz Au and 814,970 oz Ag as the planned production ramp-up continued approximately on schedule, augmented by processing of ore stockpiled during the first quarter.




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