Mandalay Resources reported new assay results from exploration drilling at the Norrberget and Vidmyran targets located a few kilometers east of its operating Björkdal gold mine. At Norrberget, where the company previously defined an indicated resource of 191kt @ 2.93g/t Au and a reserve of 170kt @ 2.74g/t Au, drilling was successful in extending the mineralization down-dip, returning up to 5.55m @ 13.3g/t Au in drill hole NB23-004. Scout drilling at the Vidmyran prospect was further successful in confirming the presence of gold mineralization hosted in sheeted quartz veins below a marble unit, sharing similarities to Björkdal, with the best intercept returning 17.2g/t Au over 1.3m in drill hole VM22-001.
Geological map with Björkdal Gold mine and surrounding prospects (Source: mandalayresources.com)