# Mandalay Extends the Storheden Gold Deposit Adjacent to the Operating Bj&amp;\#xF6;rkdal Mine

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/mandalay-extends-the-storheden-gold-deposit-adjacent-to-the-operating-bj-xf6-rkd--eb9ef713-ef38-41d2-8894-8aeade16f84d

Original source: https://money.tmx.com/en/quote/MND/news/7358047205255039/mandalay-extends-the-storheden-gold-deposit-adjacent-to-the-operating-bj-xf6-rkd

Publisher: tmx

Original announcement: 2024-04-24T11:30:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Mandalay Resources Corporation

- Ticker: MND

- Exchange: TSX

- Region: Sweden

- Primary commodity: Gold

- Secondary commodities: None reported

- Document categories: Drill results

- Extracted: 2026-09-16 11:12:05 UTC

Narrative sentiment: 0.80 · Bullish

## Minestarters Atlas summary

Mandalay Resources announced high-grade gold drill results from its Storheden deposit, adjacent to the operating Björkdal Mine in Sweden. The 2023 drilling program successfully extended the deposit along strike to over 1.6 km and doubled its known depth to approximately 200 m. Key intercepts include 70.2 g/t gold over 0.45 m \(ETW 0.15 m\) and 39.7 g/t gold over 0.70 m \(ETW 0.45 m\), with all results including estimated true widths.

Reasoning: Mandalay Resources announced high-grade gold drill results from its Storheden deposit, successfully extending the mineralization along strike and at depth. The results include several bonanza-grade intercepts with estimated true widths, indicating significant exploration success. However, the narrow nature of many intercepts and the presence of potential deleterious elements warrant consideration.

- Positive factor: High-grade gold intercepts, including bonanza grades, extend the deposit along strike and at depth

- Positive factor: True width estimates are provided for all intercepts, enhancing geological confidence

- Positive factor: Rigorous QA/QC program disclosed, including standards, blanks, and duplicates

- Positive factor: The drilling successfully extended the known mineralization, doubling its depth and extending strike length

- Negative factor: Many intercepts are very narrow, which could impact economic viability for bulk mining methods

- Negative factor: The specific certification of the assay laboratories is not explicitly stated

- Negative factor: Compositing cut-off grade for reported intervals is not disclosed

- Negative factor: Presence of arsenopyrite indicates potential for deleterious arsenic

Facts used in scoring: 47

## Classification and evidence

**Bonanza Intercept**

Polarity: positive

Definition: Exceptionally high-grade zone, well above the deposit-type norm.

Why it applies: Intercepts like 70.2 g/t gold over 0.45 m and 39.7 g/t gold over 0.70 m are exceptionally high-grade for an orogenic gold deposit, well above the exceptional threshold for underground mining.

Evidence · text

> 70.2 g/t gold over 0.45 m \(ETW 0.15 m \) in SH-06 at 136 m ; 39.7 g/t gold over 0.70 m \(ETW 0.45 m \) in SH-06 at 120 m

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: The document provides an 'ESTIMATED TRUE WIDTH \(M\)' column for all reported intercepts, which is crucial for understanding the actual thickness of mineralization.

Evidence · table

> ESTIMATED TRUE WIDTH \(M\)

**Step-Out Extension**

Polarity: positive

Definition: Mineralization extended beyond the previously known limit.

Why it applies: The drilling program successfully 'expanded the Storheden gold deposit' along strike and 'doubled known system depth', indicating an extension of the known mineralization.

Evidence · text

> expanded the Storheden gold deposit, 600 meters \("m"\) from the Björkdal mine, on-strike to over 1.6 kilometers \("km"\) and at depth of approximate 200 m

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: The release explicitly states that Mandalay's 'rigorous QA/QC program included the use of standard reference samples, blanks, duplicates, repeats, and internal laboratory quality assurance procedures'.

Evidence · text

> Mandalay's rigorous QA/QC program included the use of standard reference samples, blanks, duplicates, repeats, and internal laboratory quality assurance procedures.

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: The Storheden deposit is described as 'adjacent to the Operating Björkdal Mine' and having a 'Structural setting akin to multi-million ounce Björkdal deposit', leveraging its proximity to a known large deposit.

Evidence · text

> Mandalay Extends the Storheden Gold Deposit Adjacent to the Operating Björkdal Mine

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: While a rigorous QA/QC program is mentioned, the specific certifications \(e.g., ISO 17025, NATA\) of CRS Laboratories Oy and MSALABS are not explicitly stated in the document.

Evidence · text

> Exploration drill hole samples were sent to CRS Laboratories Oy \("CRS"\) in Kempele, Finland for sample preparation and assaying. ... Fire-Assaying conducted at MSALABS \(FAS-221, 50 g charge\) in Canada

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: The document states that 'Composites that are below 0.5 g/t Au when diluted to 1 m are not reported in this table', which is a reporting threshold, but the actual compositing cut-off grade for the reported intervals is not explicitly disclosed.

Evidence · table

> Composites that are below 0.5 g/t Au when diluted to 1 m are not reported in this table.

**Deleterious Elements Present**

Polarity: negative

Definition: A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: The document mentions 'arsenopyrite' as a sulphide associated with gold mineralization, which indicates the presence of arsenic, a common penalty element.

Evidence · text

> Gold rich quartz veins are often associated with minor sulphides such as pyrrhotite, pyrite, chalcopyrite and arsenopyrite.

## Extracted facts

Stored fact records: 47. Some facts used in scoring do not have a stored record.

## Drill Results (47)

### SH-02

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-extends-the-storheden-gold-deposit-adjacent-to-the-operating-bj-xf6-rkd--eb9ef713-ef38-41d2-8894-8aeade16f84d#fact-drill-facts-0)

Storheden · gold

#### Identity

- Hole ID: SH-02
- Project: Storheden
- Commodity: gold
- Region: sweden
- Reported Region: sweden
- Ticker: MND

#### Geometry

- Grade: 1.9
- Grade Unit: g/t
- Intercept: 0.65 m
- True Width: 0.56 m
- From: 64.75 m
- To: 65.4 m
- Hole Depth: 309 m
- Intercept Depth: 64.75 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: SH-02:64.75-65.4
- Mining Method: underground

#### Location

- Easting: 765396
- Northing: 7213653
- Elevation: 138 m
- Azimuth: 173 °
- Dip: -45 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: CRS Laboratories Oy and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: arsenic

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.5
- Cutoff Unit: g/t

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2024-04-24T00:00:00.000Z

Reasoning: This intercept shows a weak gold grade and very narrow width, but contributes to the overall understanding of the deposit extension.

- Positive factor: True width disclosed

- Positive factor: Part of deposit extension

- Negative factor: Weak gold grade \(1.9 g/t\) for underground mining

- Negative factor: Very narrow intercept length \(0.65 m\) and true width \(0.56 m\)

Evidence · table

> 1.9

Context: 0.65

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 0.56

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Deleterious Elements Present**

Polarity: negative

Definition: A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: deleterious\_flag is true

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Mandalay Extends the Storheden Gold Deposit Adjacent to the Operating Björkdal Mine Mandalay Extends the Storheden Gold "

### SH-02

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-extends-the-storheden-gold-deposit-adjacent-to-the-operating-bj-xf6-rkd--eb9ef713-ef38-41d2-8894-8aeade16f84d#fact-drill-facts-1)

Storheden · gold

#### Identity

- Hole ID: SH-02
- Project: Storheden
- Commodity: gold
- Region: sweden
- Reported Region: sweden
- Ticker: MND

#### Geometry

- Grade: 5.6
- Grade Unit: g/t
- Intercept: 0.7 m
- True Width: 0.61 m
- From: 88 m
- To: 88.7 m
- Hole Depth: 309 m
- Intercept Depth: 88 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: SH-02:88-88.7
- Mining Method: underground

#### Location

- Easting: 765396
- Northing: 7213653
- Elevation: 138 m
- Azimuth: 173 °
- Dip: -45 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: CRS Laboratories Oy and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: arsenic

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.5
- Cutoff Unit: g/t

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2024-04-24T00:00:00.000Z

Reasoning: This intercept shows a strong gold grade, contributing to the extension of the deposit, despite the very narrow width.

- Positive factor: Strong gold grade \(5.6 g/t\) for underground mining

- Positive factor: True width disclosed

- Positive factor: Part of deposit extension

- Negative factor: Very narrow intercept length \(0.70 m\) and true width \(0.61 m\)

Evidence · table

> 5.6

Context: 0.70

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 0.61

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Deleterious Elements Present**

Polarity: negative

Definition: A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: deleterious\_flag is true

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Mandalay Extends the Storheden Gold Deposit Adjacent to the Operating Björkdal Mine Mandalay Extends the Storheden Gold "

### SH-02

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-extends-the-storheden-gold-deposit-adjacent-to-the-operating-bj-xf6-rkd--eb9ef713-ef38-41d2-8894-8aeade16f84d#fact-drill-facts-2)

Storheden · gold

#### Identity

- Hole ID: SH-02
- Project: Storheden
- Commodity: gold
- Region: sweden
- Reported Region: sweden
- Ticker: MND

#### Geometry

- Grade: 2.1
- Grade Unit: g/t
- Intercept: 0.55 m
- True Width: 0.35 m
- From: 92.3 m
- To: 92.85 m
- Hole Depth: 309 m
- Intercept Depth: 92.3 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: SH-02:92.3-92.85
- Mining Method: underground

#### Location

- Easting: 765396
- Northing: 7213653
- Elevation: 138 m
- Azimuth: 173 °
- Dip: -45 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: CRS Laboratories Oy and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: arsenic

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.5
- Cutoff Unit: g/t

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2024-04-24T00:00:00.000Z

Reasoning: This intercept shows a weak gold grade and very narrow width, but contributes to the overall understanding of the deposit extension.

- Positive factor: True width disclosed

- Positive factor: Part of deposit extension

- Negative factor: Weak gold grade \(2.1 g/t\) for underground mining

- Negative factor: Very narrow intercept length \(0.55 m\) and true width \(0.35 m\)

Evidence · table

> 2.1

Context: 0.55

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 0.35

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Deleterious Elements Present**

Polarity: negative

Definition: A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: deleterious\_flag is true

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Mandalay Extends the Storheden Gold Deposit Adjacent to the Operating Björkdal Mine Mandalay Extends the Storheden Gold "

### SH-02

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-extends-the-storheden-gold-deposit-adjacent-to-the-operating-bj-xf6-rkd--eb9ef713-ef38-41d2-8894-8aeade16f84d#fact-drill-facts-3)

Storheden · gold

#### Identity

- Hole ID: SH-02
- Project: Storheden
- Commodity: gold
- Region: sweden
- Reported Region: sweden
- Ticker: MND

#### Geometry

- Grade: 6
- Grade Unit: g/t
- Intercept: 0.45 m
- True Width: 0.39 m
- From: 97.85 m
- To: 98.3 m
- Hole Depth: 309 m
- Intercept Depth: 97.85 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: SH-02:97.85-98.3
- Mining Method: underground

#### Location

- Easting: 765396
- Northing: 7213653
- Elevation: 138 m
- Azimuth: 173 °
- Dip: -45 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: CRS Laboratories Oy and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: arsenic

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.5
- Cutoff Unit: g/t

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2024-04-24T00:00:00.000Z

Reasoning: This intercept shows a strong gold grade, contributing to the extension of the deposit, despite the very narrow width.

- Positive factor: Strong gold grade \(6.0 g/t\) for underground mining

- Positive factor: True width disclosed

- Positive factor: Part of deposit extension

- Negative factor: Very narrow intercept length \(0.45 m\) and true width \(0.39 m\)

Evidence · table

> 6.0

Context: 0.45

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 0.39

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Deleterious Elements Present**

Polarity: negative

Definition: A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: deleterious\_flag is true

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Mandalay Extends the Storheden Gold Deposit Adjacent to the Operating Björkdal Mine Mandalay Extends the Storheden Gold "

### SH-02

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-extends-the-storheden-gold-deposit-adjacent-to-the-operating-bj-xf6-rkd--eb9ef713-ef38-41d2-8894-8aeade16f84d#fact-drill-facts-4)

Storheden · gold

#### Identity

- Hole ID: SH-02
- Project: Storheden
- Commodity: gold
- Region: sweden
- Reported Region: sweden
- Ticker: MND

#### Geometry

- Grade: 0.9
- Grade Unit: g/t
- Intercept: 0.75 m
- True Width: 0.65 m
- From: 168.25 m
- To: 169 m
- Hole Depth: 309 m
- Intercept Depth: 168.25 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: SH-02:168.25-169
- Mining Method: underground

#### Location

- Easting: 765396
- Northing: 7213653
- Elevation: 138 m
- Azimuth: 173 °
- Dip: -45 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: CRS Laboratories Oy and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: arsenic

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.5
- Cutoff Unit: g/t

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2024-04-24T00:00:00.000Z

Reasoning: This intercept shows a weak gold grade and very narrow width, but contributes to the overall understanding of the deposit extension.

- Positive factor: True width disclosed

- Positive factor: Part of deposit extension

- Negative factor: Weak gold grade \(0.9 g/t\) for underground mining

- Negative factor: Very narrow intercept length \(0.75 m\) and true width \(0.65 m\)

Evidence · table

> 0.9

Context: 0.75

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 0.65

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Deleterious Elements Present**

Polarity: negative

Definition: A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: deleterious\_flag is true

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Mandalay Extends the Storheden Gold Deposit Adjacent to the Operating Björkdal Mine Mandalay Extends the Storheden Gold "

### SH-04

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-extends-the-storheden-gold-deposit-adjacent-to-the-operating-bj-xf6-rkd--eb9ef713-ef38-41d2-8894-8aeade16f84d#fact-drill-facts-5)

Storheden · gold

#### Identity

- Hole ID: SH-04
- Project: Storheden
- Commodity: gold
- Region: sweden
- Reported Region: sweden
- Ticker: MND

#### Geometry

- Grade: 1.1
- Grade Unit: g/t
- Intercept: 0.65 m
- True Width: 0.56 m
- From: 70.6 m
- To: 71.25 m
- Hole Depth: 307.6 m
- Intercept Depth: 70.6 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: SH-04:70.6-71.25
- Mining Method: underground

#### Location

- Easting: 765257
- Northing: 7213384
- Elevation: 138 m
- Azimuth: 351 °
- Dip: -40 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: CRS Laboratories Oy and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: arsenic

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.5
- Cutoff Unit: g/t

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2024-04-24T00:00:00.000Z

Reasoning: This intercept shows a weak gold grade and very narrow width, but contributes to the overall understanding of the deposit extension.

- Positive factor: True width disclosed

- Positive factor: Part of deposit extension

- Negative factor: Weak gold grade \(1.1 g/t\) for underground mining

- Negative factor: Very narrow intercept length \(0.65 m\) and true width \(0.56 m\)

Evidence · table

> 1.1

Context: 0.65

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 0.56

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Deleterious Elements Present**

Polarity: negative

Definition: A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: deleterious\_flag is true

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Mandalay Extends the Storheden Gold Deposit Adjacent to the Operating Björkdal Mine Mandalay Extends the Storheden Gold "

### SH-04

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-extends-the-storheden-gold-deposit-adjacent-to-the-operating-bj-xf6-rkd--eb9ef713-ef38-41d2-8894-8aeade16f84d#fact-drill-facts-6)

Storheden · gold

#### Identity

- Hole ID: SH-04
- Project: Storheden
- Commodity: gold
- Region: sweden
- Reported Region: sweden
- Ticker: MND

#### Geometry

- Grade: 3.5
- Grade Unit: g/t
- Intercept: 1.15 m
- True Width: 1 m
- From: 89.95 m
- To: 91.1 m
- Hole Depth: 307.6 m
- Intercept Depth: 89.95 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: SH-04:89.95-91.1
- Mining Method: underground

#### Location

- Easting: 765257
- Northing: 7213384
- Elevation: 138 m
- Azimuth: 351 °
- Dip: -40 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: CRS Laboratories Oy and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: arsenic

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.5
- Cutoff Unit: g/t

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2024-04-24T00:00:00.000Z

Reasoning: This intercept shows a moderate gold grade and narrow width, contributing to the extension of the deposit.

- Positive factor: Moderate gold grade \(3.5 g/t\) for underground mining

- Positive factor: True width disclosed

- Positive factor: Part of deposit extension

- Negative factor: Very narrow intercept length \(1.15 m\) and true width \(1.0 m\)

Evidence · table

> 3.5

Context: 1.15

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 1

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Deleterious Elements Present**

Polarity: negative

Definition: A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: deleterious\_flag is true

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Mandalay Extends the Storheden Gold Deposit Adjacent to the Operating Björkdal Mine Mandalay Extends the Storheden Gold "

### SH-04

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-extends-the-storheden-gold-deposit-adjacent-to-the-operating-bj-xf6-rkd--eb9ef713-ef38-41d2-8894-8aeade16f84d#fact-drill-facts-7)

Storheden · gold

#### Identity

- Hole ID: SH-04
- Project: Storheden
- Commodity: gold
- Region: sweden
- Reported Region: sweden
- Ticker: MND

#### Geometry

- Grade: 7.1
- Grade Unit: g/t
- Intercept: 0.5 m
- True Width: 0.25 m
- From: 112.5 m
- To: 113 m
- Hole Depth: 307.6 m
- Intercept Depth: 112.5 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: SH-04:112.5-113
- Mining Method: underground

#### Location

- Easting: 765257
- Northing: 7213384
- Elevation: 138 m
- Azimuth: 351 °
- Dip: -40 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: CRS Laboratories Oy and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: arsenic

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.5
- Cutoff Unit: g/t

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2024-04-24T00:00:00.000Z

Reasoning: This intercept shows a strong gold grade, contributing to the extension of the deposit, despite the very narrow width.

- Positive factor: Strong gold grade \(7.1 g/t\) for underground mining

- Positive factor: True width disclosed

- Positive factor: Part of deposit extension

- Negative factor: Very narrow intercept length \(0.50 m\) and true width \(0.25 m\)

Evidence · table

> 7.1

Context: 0.50

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 0.25

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Deleterious Elements Present**

Polarity: negative

Definition: A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: deleterious\_flag is true

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Mandalay Extends the Storheden Gold Deposit Adjacent to the Operating Björkdal Mine Mandalay Extends the Storheden Gold "

### SH-04

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-extends-the-storheden-gold-deposit-adjacent-to-the-operating-bj-xf6-rkd--eb9ef713-ef38-41d2-8894-8aeade16f84d#fact-drill-facts-8)

Storheden · gold

#### Identity

- Hole ID: SH-04
- Project: Storheden
- Commodity: gold
- Region: sweden
- Reported Region: sweden
- Ticker: MND

#### Geometry

- Grade: 1.6
- Grade Unit: g/t
- Intercept: 0.75 m
- True Width: 0.65 m
- From: 171.7 m
- To: 172.45 m
- Hole Depth: 307.6 m
- Intercept Depth: 171.7 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: SH-04:171.7-172.45
- Mining Method: underground

#### Location

- Easting: 765257
- Northing: 7213384
- Elevation: 138 m
- Azimuth: 351 °
- Dip: -40 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: CRS Laboratories Oy and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: arsenic

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.5
- Cutoff Unit: g/t

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2024-04-24T00:00:00.000Z

Reasoning: This intercept shows a weak gold grade and very narrow width, but contributes to the overall understanding of the deposit extension.

- Positive factor: True width disclosed

- Positive factor: Part of deposit extension

- Negative factor: Weak gold grade \(1.6 g/t\) for underground mining

- Negative factor: Very narrow intercept length \(0.75 m\) and true width \(0.65 m\)

Evidence · table

> 1.6

Context: 0.75

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 0.65

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Deleterious Elements Present**

Polarity: negative

Definition: A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: deleterious\_flag is true

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Mandalay Extends the Storheden Gold Deposit Adjacent to the Operating Björkdal Mine Mandalay Extends the Storheden Gold "

### SH-04

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-extends-the-storheden-gold-deposit-adjacent-to-the-operating-bj-xf6-rkd--eb9ef713-ef38-41d2-8894-8aeade16f84d#fact-drill-facts-9)

Storheden · gold

#### Identity

- Hole ID: SH-04
- Project: Storheden
- Commodity: gold
- Region: sweden
- Reported Region: sweden
- Ticker: MND

#### Geometry

- Grade: 14.6
- Grade Unit: g/t
- Intercept: 1.3 m
- True Width: 0.84 m
- From: 181.1 m
- To: 182.4 m
- Hole Depth: 307.6 m
- Intercept Depth: 181.1 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: SH-04:181.1-182.4
- Mining Method: underground

#### Location

- Easting: 765257
- Northing: 7213384
- Elevation: 138 m
- Azimuth: 351 °
- Dip: -40 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: CRS Laboratories Oy and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: arsenic

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.5
- Cutoff Unit: g/t

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2024-04-24T00:00:00.000Z

Reasoning: This intercept shows a strong gold grade, contributing to the extension of the deposit, despite the very narrow width.

- Positive factor: Strong gold grade \(14.6 g/t\) for underground mining

- Positive factor: True width disclosed

- Positive factor: Part of deposit extension

- Negative factor: Very narrow intercept length \(1.30 m\) and true width \(0.84 m\)

Evidence · table

> 14.6

Context: 1.30

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 0.84

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Deleterious Elements Present**

Polarity: negative

Definition: A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: deleterious\_flag is true

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Mandalay Extends the Storheden Gold Deposit Adjacent to the Operating Björkdal Mine Mandalay Extends the Storheden Gold "

### SH-05

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-extends-the-storheden-gold-deposit-adjacent-to-the-operating-bj-xf6-rkd--eb9ef713-ef38-41d2-8894-8aeade16f84d#fact-drill-facts-10)

Storheden · gold

#### Identity

- Hole ID: SH-05
- Project: Storheden
- Commodity: gold
- Region: sweden
- Reported Region: sweden
- Ticker: MND

#### Geometry

- Grade: 1.2
- Grade Unit: g/t
- Intercept: 0.8 m
- True Width: 0.4 m
- From: 50.6 m
- To: 51.4 m
- Hole Depth: 199.95 m
- Intercept Depth: 50.6 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: SH-05:50.6-51.4
- Mining Method: underground

#### Location

- Easting: 764932
- Northing: 7213563
- Elevation: 147 m
- Azimuth: 234 °
- Dip: -70 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: CRS Laboratories Oy and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: arsenic

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.5
- Cutoff Unit: g/t

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2024-04-24T00:00:00.000Z

Reasoning: This intercept shows a weak gold grade and very narrow width, but contributes to the overall understanding of the deposit extension.

- Positive factor: True width disclosed

- Positive factor: Part of deposit extension

- Negative factor: Weak gold grade \(1.2 g/t\) for underground mining

- Negative factor: Very narrow intercept length \(0.80 m\) and true width \(0.40 m\)

Evidence · table

> 1.2

Context: 0.80

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 0.4

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Deleterious Elements Present**

Polarity: negative

Definition: A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: deleterious\_flag is true

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Mandalay Extends the Storheden Gold Deposit Adjacent to the Operating Björkdal Mine Mandalay Extends the Storheden Gold "

### SH-05

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-extends-the-storheden-gold-deposit-adjacent-to-the-operating-bj-xf6-rkd--eb9ef713-ef38-41d2-8894-8aeade16f84d#fact-drill-facts-11)

Storheden · gold

#### Identity

- Hole ID: SH-05
- Project: Storheden
- Commodity: gold
- Region: sweden
- Reported Region: sweden
- Ticker: MND

#### Geometry

- Grade: 1.9
- Grade Unit: g/t
- Intercept: 0.5 m
- True Width: 0.43 m
- From: 96.7 m
- To: 97.2 m
- Hole Depth: 199.95 m
- Intercept Depth: 96.7 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: SH-05:96.7-97.2
- Mining Method: underground

#### Location

- Easting: 764932
- Northing: 7213563
- Elevation: 147 m
- Azimuth: 234 °
- Dip: -70 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: CRS Laboratories Oy and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: arsenic

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.5
- Cutoff Unit: g/t

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2024-04-24T00:00:00.000Z

Reasoning: This intercept shows a weak gold grade and very narrow width, but contributes to the overall understanding of the deposit extension.

- Positive factor: True width disclosed

- Positive factor: Part of deposit extension

- Negative factor: Weak gold grade \(1.9 g/t\) for underground mining

- Negative factor: Very narrow intercept length \(0.50 m\) and true width \(0.43 m\)

Evidence · table

> 1.9

Context: 0.50

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 0.43

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Deleterious Elements Present**

Polarity: negative

Definition: A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: deleterious\_flag is true

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Mandalay Extends the Storheden Gold Deposit Adjacent to the Operating Björkdal Mine Mandalay Extends the Storheden Gold "

### SH-06

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-extends-the-storheden-gold-deposit-adjacent-to-the-operating-bj-xf6-rkd--eb9ef713-ef38-41d2-8894-8aeade16f84d#fact-drill-facts-12)

Storheden · gold

#### Identity

- Hole ID: SH-06
- Project: Storheden
- Commodity: gold
- Region: sweden
- Reported Region: sweden
- Ticker: MND

#### Geometry

- Grade: 39.7
- Grade Unit: g/t
- Intercept: 0.7 m
- True Width: 0.45 m
- From: 119.3 m
- To: 120 m
- Hole Depth: 275.2 m
- Intercept Depth: 119.3 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: SH-06:119.3-120
- Mining Method: underground

#### Location

- Easting: 764933
- Northing: 7213563
- Elevation: 147 m
- Azimuth: 329 °
- Dip: -60 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: CRS Laboratories Oy and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: arsenic

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.5
- Cutoff Unit: g/t

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2024-04-24T00:00:00.000Z

Reasoning: This intercept shows an exceptionally high gold grade and strong GT product, contributing to the extension of the deposit, despite the very narrow width.

- Positive factor: Exceptional gold grade \(39.7 g/t\) for underground mining

- Positive factor: Strong grade-thickness product \(27.79 g/t·m\)

- Positive factor: True width disclosed

- Positive factor: Part of deposit extension

- Negative factor: Very narrow intercept length \(0.70 m\) and true width \(0.45 m\)

Evidence · table

> 39.7

Context: 0.70

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 0.45

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Deleterious Elements Present**

Polarity: negative

Definition: A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: deleterious\_flag is true

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Mandalay Extends the Storheden Gold Deposit Adjacent to the Operating Björkdal Mine Mandalay Extends the Storheden Gold "

### SH-06

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-extends-the-storheden-gold-deposit-adjacent-to-the-operating-bj-xf6-rkd--eb9ef713-ef38-41d2-8894-8aeade16f84d#fact-drill-facts-13)

Storheden · gold

#### Identity

- Hole ID: SH-06
- Project: Storheden
- Commodity: gold
- Region: sweden
- Reported Region: sweden
- Ticker: MND

#### Geometry

- Grade: 1.7
- Grade Unit: g/t
- Intercept: 0.35 m
- True Width: 0.27 m
- From: 133.7 m
- To: 134.05 m
- Hole Depth: 275.2 m
- Intercept Depth: 133.7 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: SH-06:133.7-134.05
- Mining Method: underground

#### Location

- Easting: 764933
- Northing: 7213563
- Elevation: 147 m
- Azimuth: 329 °
- Dip: -60 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: CRS Laboratories Oy and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: arsenic

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.5
- Cutoff Unit: g/t

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2024-04-24T00:00:00.000Z

Reasoning: This intercept shows a weak gold grade and very narrow width, but contributes to the overall understanding of the deposit extension.

- Positive factor: True width disclosed

- Positive factor: Part of deposit extension

- Negative factor: Weak gold grade \(1.7 g/t\) for underground mining

- Negative factor: Very narrow intercept length \(0.35 m\) and true width \(0.27 m\)

Evidence · table

> 1.7

Context: 0.35

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 0.27

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Deleterious Elements Present**

Polarity: negative

Definition: A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: deleterious\_flag is true

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Mandalay Extends the Storheden Gold Deposit Adjacent to the Operating Björkdal Mine Mandalay Extends the Storheden Gold "

### SH-06

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-extends-the-storheden-gold-deposit-adjacent-to-the-operating-bj-xf6-rkd--eb9ef713-ef38-41d2-8894-8aeade16f84d#fact-drill-facts-14)

Storheden · gold

#### Identity

- Hole ID: SH-06
- Project: Storheden
- Commodity: gold
- Region: sweden
- Reported Region: sweden
- Ticker: MND

#### Geometry

- Grade: 70.2
- Grade Unit: g/t
- Intercept: 0.45 m
- True Width: 0.15 m
- From: 136.8 m
- To: 137.25 m
- Hole Depth: 275.2 m
- Intercept Depth: 136.8 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: SH-06:136.8-137.25
- Mining Method: underground

#### Location

- Easting: 764933
- Northing: 7213563
- Elevation: 147 m
- Azimuth: 329 °
- Dip: -60 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: CRS Laboratories Oy and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: arsenic

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.5
- Cutoff Unit: g/t

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2024-04-24T00:00:00.000Z

Reasoning: This intercept shows an exceptionally high gold grade and GT product, contributing to the extension of the deposit, although the width is very narrow.

- Positive factor: Exceptional gold grade \(70.2 g/t\) for underground mining

- Positive factor: Exceptional grade-thickness product \(31.59 g/t·m\)

- Positive factor: True width disclosed

- Positive factor: Part of deposit extension

- Negative factor: Very narrow intercept length \(0.45 m\) and true width \(0.15 m\)

Evidence · table

> 70.2

Context: 0.45

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 0.15

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Deleterious Elements Present**

Polarity: negative

Definition: A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: deleterious\_flag is true

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Mandalay Extends the Storheden Gold Deposit Adjacent to the Operating Björkdal Mine Mandalay Extends the Storheden Gold "

### SH-07

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-extends-the-storheden-gold-deposit-adjacent-to-the-operating-bj-xf6-rkd--eb9ef713-ef38-41d2-8894-8aeade16f84d#fact-drill-facts-15)

Storheden · gold

#### Identity

- Hole ID: SH-07
- Project: Storheden
- Commodity: gold
- Region: sweden
- Reported Region: sweden
- Ticker: MND

#### Geometry

- Grade: 1.9
- Grade Unit: g/t
- Intercept: 2.3 m
- True Width: 1.15 m
- From: 113.1 m
- To: 115.4 m
- Hole Depth: 197.6 m
- Intercept Depth: 113.1 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: SH-07:113.1-115.4
- Mining Method: underground

#### Location

- Easting: 764933
- Northing: 7213562
- Elevation: 147 m
- Azimuth: 129 °
- Dip: -75 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: CRS Laboratories Oy and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: arsenic

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.5
- Cutoff Unit: g/t

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2024-04-24T00:00:00.000Z

Reasoning: This intercept shows a weak gold grade and narrow width, but contributes to the overall understanding of the deposit extension.

- Positive factor: True width disclosed

- Positive factor: Part of deposit extension

- Negative factor: Weak gold grade \(1.9 g/t\) for underground mining

- Negative factor: Narrow intercept length \(2.30 m\) and true width \(1.15 m\)

Evidence · table

> 1.9

Context: 2.30

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 1.15

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Deleterious Elements Present**

Polarity: negative

Definition: A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: deleterious\_flag is true

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Mandalay Extends the Storheden Gold Deposit Adjacent to the Operating Björkdal Mine Mandalay Extends the Storheden Gold "

### SH-08

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-extends-the-storheden-gold-deposit-adjacent-to-the-operating-bj-xf6-rkd--eb9ef713-ef38-41d2-8894-8aeade16f84d#fact-drill-facts-16)

Storheden · gold

#### Identity

- Hole ID: SH-08
- Project: Storheden
- Commodity: gold
- Region: sweden
- Reported Region: sweden
- Ticker: MND

#### Geometry

- Grade: 1.9
- Grade Unit: g/t
- Intercept: 0.5 m
- True Width: 0.25 m
- From: 60.35 m
- To: 60.85 m
- Hole Depth: 251.3 m
- Intercept Depth: 60.35 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: SH-08:60.35-60.85
- Mining Method: underground

#### Location

- Easting: 764834
- Northing: 7213567
- Elevation: 148 m
- Azimuth: 94 °
- Dip: -65 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: CRS Laboratories Oy and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: arsenic

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.5
- Cutoff Unit: g/t

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2024-04-24T00:00:00.000Z

Reasoning: This intercept shows a weak gold grade and very narrow width, but contributes to the overall understanding of the deposit extension.

- Positive factor: True width disclosed

- Positive factor: Part of deposit extension

- Negative factor: Weak gold grade \(1.9 g/t\) for underground mining

- Negative factor: Very narrow intercept length \(0.50 m\) and true width \(0.25 m\)

Evidence · table

> 1.9

Context: 0.50

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 0.25

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Deleterious Elements Present**

Polarity: negative

Definition: A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: deleterious\_flag is true

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Mandalay Extends the Storheden Gold Deposit Adjacent to the Operating Björkdal Mine Mandalay Extends the Storheden Gold "

### SH-08

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-extends-the-storheden-gold-deposit-adjacent-to-the-operating-bj-xf6-rkd--eb9ef713-ef38-41d2-8894-8aeade16f84d#fact-drill-facts-17)

Storheden · gold

#### Identity

- Hole ID: SH-08
- Project: Storheden
- Commodity: gold
- Region: sweden
- Reported Region: sweden
- Ticker: MND

#### Geometry

- Grade: 1
- Grade Unit: g/t
- Intercept: 0.6 m
- True Width: 0.52 m
- From: 74.2 m
- To: 74.8 m
- Hole Depth: 251.3 m
- Intercept Depth: 74.2 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: SH-08:74.2-74.8
- Mining Method: underground

#### Location

- Easting: 764834
- Northing: 7213567
- Elevation: 148 m
- Azimuth: 94 °
- Dip: -65 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: CRS Laboratories Oy and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: arsenic

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.5
- Cutoff Unit: g/t

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2024-04-24T00:00:00.000Z

Reasoning: This intercept shows a weak gold grade and very narrow width, but contributes to the overall understanding of the deposit extension.

- Positive factor: True width disclosed

- Positive factor: Part of deposit extension

- Negative factor: Weak gold grade \(1.0 g/t\) for underground mining

- Negative factor: Very narrow intercept length \(0.60 m\) and true width \(0.52 m\)

Evidence · table

> 1.0

Context: 0.60

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 0.52

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Deleterious Elements Present**

Polarity: negative

Definition: A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: deleterious\_flag is true

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Mandalay Extends the Storheden Gold Deposit Adjacent to the Operating Björkdal Mine Mandalay Extends the Storheden Gold "

### SH-08

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-extends-the-storheden-gold-deposit-adjacent-to-the-operating-bj-xf6-rkd--eb9ef713-ef38-41d2-8894-8aeade16f84d#fact-drill-facts-18)

Storheden · gold

#### Identity

- Hole ID: SH-08
- Project: Storheden
- Commodity: gold
- Region: sweden
- Reported Region: sweden
- Ticker: MND

#### Geometry

- Grade: 1.9
- Grade Unit: g/t
- Intercept: 0.5 m
- True Width: 0.43 m
- From: 75.7 m
- To: 76.2 m
- Hole Depth: 251.3 m
- Intercept Depth: 75.7 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: SH-08:75.7-76.2
- Mining Method: underground

#### Location

- Easting: 764834
- Northing: 7213567
- Elevation: 148 m
- Azimuth: 94 °
- Dip: -65 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: CRS Laboratories Oy and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: arsenic

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.5
- Cutoff Unit: g/t

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2024-04-24T00:00:00.000Z

Reasoning: This intercept shows a weak gold grade and very narrow width, but contributes to the overall understanding of the deposit extension.

- Positive factor: True width disclosed

- Positive factor: Part of deposit extension

- Negative factor: Weak gold grade \(1.9 g/t\) for underground mining

- Negative factor: Very narrow intercept length \(0.50 m\) and true width \(0.43 m\)

Evidence · table

> 1.9

Context: 0.50

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 0.43

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Deleterious Elements Present**

Polarity: negative

Definition: A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: deleterious\_flag is true

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Mandalay Extends the Storheden Gold Deposit Adjacent to the Operating Björkdal Mine Mandalay Extends the Storheden Gold "

### SH-09

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-extends-the-storheden-gold-deposit-adjacent-to-the-operating-bj-xf6-rkd--eb9ef713-ef38-41d2-8894-8aeade16f84d#fact-drill-facts-19)

Storheden · gold

#### Identity

- Hole ID: SH-09
- Project: Storheden
- Commodity: gold
- Region: sweden
- Reported Region: sweden
- Ticker: MND

#### Geometry

- Grade: 3.4
- Grade Unit: g/t
- Intercept: 3.5 m
- True Width: 2.25 m
- From: 104.5 m
- To: 108 m
- Hole Depth: 202 m
- Intercept Depth: 104.5 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: SH-09:104.5-108
- Mining Method: underground

#### Location

- Easting: 764835
- Northing: 7213566
- Elevation: 148 m
- Azimuth: 323 °
- Dip: -60 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: CRS Laboratories Oy and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: arsenic

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.5
- Cutoff Unit: g/t

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2024-04-24T00:00:00.000Z

Reasoning: This intercept shows a moderate gold grade and GT product, contributing to the extension of the deposit.

- Positive factor: Moderate gold grade \(3.4 g/t\) for underground mining

- Positive factor: Moderate grade-thickness product \(11.9 g/t·m\)

- Positive factor: True width disclosed

- Positive factor: Part of deposit extension

- Negative factor: Narrow intercept length \(3.50 m\) and true width \(2.25 m\)

Evidence · table

> 3.4

Context: 3.50

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 2.25

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Deleterious Elements Present**

Polarity: negative

Definition: A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: deleterious\_flag is true

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Mandalay Extends the Storheden Gold Deposit Adjacent to the Operating Björkdal Mine Mandalay Extends the Storheden Gold "

### SH-09

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-extends-the-storheden-gold-deposit-adjacent-to-the-operating-bj-xf6-rkd--eb9ef713-ef38-41d2-8894-8aeade16f84d#fact-drill-facts-20)

Storheden · gold

#### Identity

- Hole ID: SH-09
- Project: Storheden
- Commodity: gold
- Region: sweden
- Reported Region: sweden
- Ticker: MND

#### Geometry

- Grade: 2.1
- Grade Unit: g/t
- Intercept: 0.45 m
- True Width: 0.29 m
- From: 132.85 m
- To: 133.3 m
- Hole Depth: 202 m
- Intercept Depth: 132.85 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: SH-09:132.85-133.3
- Mining Method: underground

#### Location

- Easting: 764835
- Northing: 7213566
- Elevation: 148 m
- Azimuth: 323 °
- Dip: -60 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: CRS Laboratories Oy and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: arsenic

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.5
- Cutoff Unit: g/t

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2024-04-24T00:00:00.000Z

Reasoning: This intercept shows a weak gold grade and very narrow width, but contributes to the overall understanding of the deposit extension.

- Positive factor: True width disclosed

- Positive factor: Part of deposit extension

- Negative factor: Weak gold grade \(2.1 g/t\) for underground mining

- Negative factor: Very narrow intercept length \(0.45 m\) and true width \(0.29 m\)

Evidence · table

> 2.1

Context: 0.45

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 0.29

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Deleterious Elements Present**

Polarity: negative

Definition: A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: deleterious\_flag is true

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Mandalay Extends the Storheden Gold Deposit Adjacent to the Operating Björkdal Mine Mandalay Extends the Storheden Gold "

### SH-11

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-extends-the-storheden-gold-deposit-adjacent-to-the-operating-bj-xf6-rkd--eb9ef713-ef38-41d2-8894-8aeade16f84d#fact-drill-facts-21)

Storheden · gold

#### Identity

- Hole ID: SH-11
- Project: Storheden
- Commodity: gold
- Region: sweden
- Reported Region: sweden
- Ticker: MND

#### Geometry

- Grade: 7.3
- Grade Unit: g/t
- Intercept: 3.05 m
- True Width: 1.96 m
- From: 223.1 m
- To: 226.15 m
- Hole Depth: 301.6 m
- Intercept Depth: 223.1 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: SH-11:223.1-226.15
- Mining Method: underground

#### Location

- Easting: 764835
- Northing: 7213564
- Elevation: 148 m
- Azimuth: 339 °
- Dip: -44 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: CRS Laboratories Oy and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: arsenic

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.5
- Cutoff Unit: g/t

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2024-04-24T00:00:00.000Z

Reasoning: This intercept shows a strong gold grade and moderate GT product, contributing to the extension of the deposit.

- Positive factor: Strong gold grade \(7.3 g/t\) for underground mining

- Positive factor: Moderate grade-thickness product \(22.27 g/t·m\)

- Positive factor: True width disclosed

- Positive factor: Part of deposit extension

- Negative factor: Narrow intercept length \(3.05 m\) and true width \(1.96 m\)

Evidence · table

> 7.3

Context: 3.05

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 1.96

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Deleterious Elements Present**

Polarity: negative

Definition: A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: deleterious\_flag is true

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Mandalay Extends the Storheden Gold Deposit Adjacent to the Operating Björkdal Mine Mandalay Extends the Storheden Gold "

### SH-11

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-extends-the-storheden-gold-deposit-adjacent-to-the-operating-bj-xf6-rkd--eb9ef713-ef38-41d2-8894-8aeade16f84d#fact-drill-facts-22)

Storheden · gold

#### Identity

- Hole ID: SH-11
- Project: Storheden
- Commodity: gold
- Region: sweden
- Reported Region: sweden
- Ticker: MND

#### Geometry

- Grade: 5.1
- Grade Unit: g/t
- Intercept: 0.35 m
- True Width: 0.22 m
- From: 243.95 m
- To: 244.3 m
- Hole Depth: 301.6 m
- Intercept Depth: 243.95 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: SH-11:243.95-244.3
- Mining Method: underground

#### Location

- Easting: 764835
- Northing: 7213564
- Elevation: 148 m
- Azimuth: 339 °
- Dip: -44 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: CRS Laboratories Oy and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: arsenic

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.5
- Cutoff Unit: g/t

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2024-04-24T00:00:00.000Z

Reasoning: This intercept shows a strong gold grade, contributing to the extension of the deposit, despite the very narrow width.

- Positive factor: Strong gold grade \(5.1 g/t\) for underground mining

- Positive factor: True width disclosed

- Positive factor: Part of deposit extension

- Negative factor: Very narrow intercept length \(0.35 m\) and true width \(0.22 m\)

Evidence · table

> 5.1

Context: 0.35

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 0.22

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Deleterious Elements Present**

Polarity: negative

Definition: A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: deleterious\_flag is true

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Mandalay Extends the Storheden Gold Deposit Adjacent to the Operating Björkdal Mine Mandalay Extends the Storheden Gold "

### SH-11

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-extends-the-storheden-gold-deposit-adjacent-to-the-operating-bj-xf6-rkd--eb9ef713-ef38-41d2-8894-8aeade16f84d#fact-drill-facts-23)

Storheden · gold

#### Identity

- Hole ID: SH-11
- Project: Storheden
- Commodity: gold
- Region: sweden
- Reported Region: sweden
- Ticker: MND

#### Geometry

- Grade: 1.5
- Grade Unit: g/t
- Intercept: 0.4 m
- True Width: 0.31 m
- From: 248.5 m
- To: 248.9 m
- Hole Depth: 301.6 m
- Intercept Depth: 248.5 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: SH-11:248.5-248.9
- Mining Method: underground

#### Location

- Easting: 764835
- Northing: 7213564
- Elevation: 148 m
- Azimuth: 339 °
- Dip: -44 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: CRS Laboratories Oy and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: arsenic

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.5
- Cutoff Unit: g/t

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2024-04-24T00:00:00.000Z

Reasoning: This intercept shows a weak gold grade and very narrow width, but contributes to the overall understanding of the deposit extension.

- Positive factor: True width disclosed

- Positive factor: Part of deposit extension

- Negative factor: Weak gold grade \(1.5 g/t\) for underground mining

- Negative factor: Very narrow intercept length \(0.40 m\) and true width \(0.31 m\)

Evidence · table

> 1.5

Context: 0.40

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 0.31

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Deleterious Elements Present**

Polarity: negative

Definition: A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: deleterious\_flag is true

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Mandalay Extends the Storheden Gold Deposit Adjacent to the Operating Björkdal Mine Mandalay Extends the Storheden Gold "

### SH-18

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-extends-the-storheden-gold-deposit-adjacent-to-the-operating-bj-xf6-rkd--eb9ef713-ef38-41d2-8894-8aeade16f84d#fact-drill-facts-24)

Storheden · gold

#### Identity

- Hole ID: SH-18
- Project: Storheden
- Commodity: gold
- Region: sweden
- Reported Region: sweden
- Ticker: MND

#### Geometry

- Grade: 1.4
- Grade Unit: g/t
- Intercept: 1.4 m
- True Width: 0.7 m
- From: 221.1 m
- To: 222.5 m
- Hole Depth: 276.55 m
- Intercept Depth: 221.1 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: SH-18:221.1-222.5
- Mining Method: underground

#### Location

- Easting: 763818
- Northing: 7213889
- Elevation: 164 m
- Azimuth: 126 °
- Dip: -62 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: CRS Laboratories Oy and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: arsenic

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.5
- Cutoff Unit: g/t

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2024-04-24T00:00:00.000Z

Reasoning: This intercept shows a weak gold grade and very narrow width, but contributes to the overall understanding of the deposit extension.

- Positive factor: True width disclosed

- Positive factor: Part of deposit extension

- Negative factor: Weak gold grade \(1.4 g/t\) for underground mining

- Negative factor: Very narrow intercept length \(1.40 m\) and true width \(0.70 m\)

Evidence · table

> 1.4

Context: 1.40

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 0.7

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Deleterious Elements Present**

Polarity: negative

Definition: A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: deleterious\_flag is true

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Mandalay Extends the Storheden Gold Deposit Adjacent to the Operating Björkdal Mine Mandalay Extends the Storheden Gold "

### SH-18

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-extends-the-storheden-gold-deposit-adjacent-to-the-operating-bj-xf6-rkd--eb9ef713-ef38-41d2-8894-8aeade16f84d#fact-drill-facts-25)

Storheden · gold

#### Identity

- Hole ID: SH-18
- Project: Storheden
- Commodity: gold
- Region: sweden
- Reported Region: sweden
- Ticker: MND

#### Geometry

- Grade: 2.7
- Grade Unit: g/t
- Intercept: 0.9 m
- True Width: 0.45 m
- From: 231.6 m
- To: 232.5 m
- Hole Depth: 276.55 m
- Intercept Depth: 231.6 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: SH-18:231.6-232.5
- Mining Method: underground

#### Location

- Easting: 763818
- Northing: 7213889
- Elevation: 164 m
- Azimuth: 126 °
- Dip: -62 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: CRS Laboratories Oy and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: arsenic

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.5
- Cutoff Unit: g/t

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2024-04-24T00:00:00.000Z

Reasoning: This intercept shows a weak gold grade and very narrow width, but contributes to the overall understanding of the deposit extension.

- Positive factor: Weak gold grade \(2.7 g/t\) for underground mining

- Positive factor: True width disclosed

- Positive factor: Part of deposit extension

- Negative factor: Very narrow intercept length \(0.90 m\) and true width \(0.45 m\)

Evidence · table

> 2.7

Context: 0.90

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 0.45

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Deleterious Elements Present**

Polarity: negative

Definition: A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: deleterious\_flag is true

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Mandalay Extends the Storheden Gold Deposit Adjacent to the Operating Björkdal Mine Mandalay Extends the Storheden Gold "

### SH-19

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-extends-the-storheden-gold-deposit-adjacent-to-the-operating-bj-xf6-rkd--eb9ef713-ef38-41d2-8894-8aeade16f84d#fact-drill-facts-26)

Storheden · gold

#### Identity

- Hole ID: SH-19
- Project: Storheden
- Commodity: gold
- Region: sweden
- Reported Region: sweden
- Ticker: MND

#### Geometry

- Grade: 1.9
- Grade Unit: g/t
- Intercept: 0.7 m
- True Width: 0.45 m
- From: 81.3 m
- To: 82 m
- Hole Depth: 305.7 m
- Intercept Depth: 81.3 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: SH-19:81.3-82
- Mining Method: underground

#### Location

- Easting: 763885
- Northing: 7214039
- Elevation: 168 m
- Azimuth: 132 °
- Dip: -61 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: CRS Laboratories Oy and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: arsenic

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.5
- Cutoff Unit: g/t

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2024-04-24T00:00:00.000Z

Reasoning: This intercept shows a weak gold grade and very narrow width, but contributes to the overall understanding of the deposit extension.

- Positive factor: True width disclosed

- Positive factor: Part of deposit extension

- Negative factor: Weak gold grade \(1.9 g/t\) for underground mining

- Negative factor: Very narrow intercept length \(0.70 m\) and true width \(0.45 m\)

Evidence · table

> 1.9

Context: 0.70

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 0.45

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Deleterious Elements Present**

Polarity: negative

Definition: A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: deleterious\_flag is true

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Mandalay Extends the Storheden Gold Deposit Adjacent to the Operating Björkdal Mine Mandalay Extends the Storheden Gold "

### SH-19

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-extends-the-storheden-gold-deposit-adjacent-to-the-operating-bj-xf6-rkd--eb9ef713-ef38-41d2-8894-8aeade16f84d#fact-drill-facts-27)

Storheden · gold

#### Identity

- Hole ID: SH-19
- Project: Storheden
- Commodity: gold
- Region: sweden
- Reported Region: sweden
- Ticker: MND

#### Geometry

- Grade: 1.3
- Grade Unit: g/t
- Intercept: 1 m
- True Width: 0.64 m
- From: 92.1 m
- To: 93.1 m
- Hole Depth: 305.7 m
- Intercept Depth: 92.1 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: SH-19:92.1-93.1
- Mining Method: underground

#### Location

- Easting: 763885
- Northing: 7214039
- Elevation: 168 m
- Azimuth: 132 °
- Dip: -61 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: CRS Laboratories Oy and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: arsenic

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.5
- Cutoff Unit: g/t

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2024-04-24T00:00:00.000Z

Reasoning: This intercept shows a weak gold grade and very narrow width, but contributes to the overall understanding of the deposit extension.

- Positive factor: True width disclosed

- Positive factor: Part of deposit extension

- Negative factor: Weak gold grade \(1.3 g/t\) for underground mining

- Negative factor: Very narrow intercept length \(1.00 m\) and true width \(0.64 m\)

Evidence · table

> 1.3

Context: 1.00

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 0.64

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Deleterious Elements Present**

Polarity: negative

Definition: A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: deleterious\_flag is true

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Mandalay Extends the Storheden Gold Deposit Adjacent to the Operating Björkdal Mine Mandalay Extends the Storheden Gold "

### SH-19

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-extends-the-storheden-gold-deposit-adjacent-to-the-operating-bj-xf6-rkd--eb9ef713-ef38-41d2-8894-8aeade16f84d#fact-drill-facts-28)

Storheden · gold

#### Identity

- Hole ID: SH-19
- Project: Storheden
- Commodity: gold
- Region: sweden
- Reported Region: sweden
- Ticker: MND

#### Geometry

- Grade: 3.1
- Grade Unit: g/t
- Intercept: 0.35 m
- True Width: 0.2 m
- From: 142.45 m
- To: 142.8 m
- Hole Depth: 305.7 m
- Intercept Depth: 142.45 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: SH-19:142.45-142.8
- Mining Method: underground

#### Location

- Easting: 763885
- Northing: 7214039
- Elevation: 168 m
- Azimuth: 132 °
- Dip: -61 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: CRS Laboratories Oy and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: arsenic

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.5
- Cutoff Unit: g/t

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2024-04-24T00:00:00.000Z

Reasoning: This intercept shows a moderate gold grade and very narrow width, contributing to the extension of the deposit.

- Positive factor: Moderate gold grade \(3.1 g/t\) for underground mining

- Positive factor: True width disclosed

- Positive factor: Part of deposit extension

- Negative factor: Very narrow intercept length \(0.35 m\) and true width \(0.20 m\)

Evidence · table

> 3.1

Context: 0.35

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 0.2

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Deleterious Elements Present**

Polarity: negative

Definition: A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: deleterious\_flag is true

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Mandalay Extends the Storheden Gold Deposit Adjacent to the Operating Björkdal Mine Mandalay Extends the Storheden Gold "

### SH-19

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-extends-the-storheden-gold-deposit-adjacent-to-the-operating-bj-xf6-rkd--eb9ef713-ef38-41d2-8894-8aeade16f84d#fact-drill-facts-29)

Storheden · gold

#### Identity

- Hole ID: SH-19
- Project: Storheden
- Commodity: gold
- Region: sweden
- Reported Region: sweden
- Ticker: MND

#### Geometry

- Grade: 1.5
- Grade Unit: g/t
- Intercept: 0.75 m
- True Width: 0.43 m
- From: 221.7 m
- To: 222.45 m
- Hole Depth: 305.7 m
- Intercept Depth: 221.7 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: SH-19:221.7-222.45
- Mining Method: underground

#### Location

- Easting: 763885
- Northing: 7214039
- Elevation: 168 m
- Azimuth: 132 °
- Dip: -61 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: CRS Laboratories Oy and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: arsenic

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.5
- Cutoff Unit: g/t

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2024-04-24T00:00:00.000Z

Reasoning: This intercept shows a weak gold grade and very narrow width, but contributes to the overall understanding of the deposit extension.

- Positive factor: True width disclosed

- Positive factor: Part of deposit extension

- Negative factor: Weak gold grade \(1.5 g/t\) for underground mining

- Negative factor: Very narrow intercept length \(0.75 m\) and true width \(0.43 m\)

Evidence · table

> 1.5

Context: 0.75

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 0.43

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Deleterious Elements Present**

Polarity: negative

Definition: A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: deleterious\_flag is true

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Mandalay Extends the Storheden Gold Deposit Adjacent to the Operating Björkdal Mine Mandalay Extends the Storheden Gold "

### SH-19

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-extends-the-storheden-gold-deposit-adjacent-to-the-operating-bj-xf6-rkd--eb9ef713-ef38-41d2-8894-8aeade16f84d#fact-drill-facts-30)

Storheden · gold

#### Identity

- Hole ID: SH-19
- Project: Storheden
- Commodity: gold
- Region: sweden
- Reported Region: sweden
- Ticker: MND

#### Geometry

- Grade: 2.2
- Grade Unit: g/t
- Intercept: 0.9 m
- True Width: 0.78 m
- From: 228 m
- To: 228.9 m
- Hole Depth: 305.7 m
- Intercept Depth: 228 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: SH-19:228-228.9
- Mining Method: underground

#### Location

- Easting: 763885
- Northing: 7214039
- Elevation: 168 m
- Azimuth: 132 °
- Dip: -61 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: CRS Laboratories Oy and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: arsenic

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.5
- Cutoff Unit: g/t

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2024-04-24T00:00:00.000Z

Reasoning: This intercept shows a weak gold grade and very narrow width, but contributes to the overall understanding of the deposit extension.

- Positive factor: True width disclosed

- Positive factor: Part of deposit extension

- Negative factor: Weak gold grade \(2.2 g/t\) for underground mining

- Negative factor: Very narrow intercept length \(0.90 m\) and true width \(0.78 m\)

Evidence · table

> 2.2

Context: 0.90

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 0.78

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Deleterious Elements Present**

Polarity: negative

Definition: A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: deleterious\_flag is true

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Mandalay Extends the Storheden Gold Deposit Adjacent to the Operating Björkdal Mine Mandalay Extends the Storheden Gold "

### SH-19

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-extends-the-storheden-gold-deposit-adjacent-to-the-operating-bj-xf6-rkd--eb9ef713-ef38-41d2-8894-8aeade16f84d#fact-drill-facts-31)

Storheden · gold

#### Identity

- Hole ID: SH-19
- Project: Storheden
- Commodity: gold
- Region: sweden
- Reported Region: sweden
- Ticker: MND

#### Geometry

- Grade: 1.5
- Grade Unit: g/t
- Intercept: 0.5 m
- True Width: 0.43 m
- From: 290.35 m
- To: 290.85 m
- Hole Depth: 305.7 m
- Intercept Depth: 290.35 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: SH-19:290.35-290.85
- Mining Method: underground

#### Location

- Easting: 763885
- Northing: 7214039
- Elevation: 168 m
- Azimuth: 132 °
- Dip: -61 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: CRS Laboratories Oy and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: arsenic

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.5
- Cutoff Unit: g/t

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2024-04-24T00:00:00.000Z

Reasoning: This intercept shows a weak gold grade and very narrow width, but contributes to the overall understanding of the deposit extension.

- Positive factor: True width disclosed

- Positive factor: Part of deposit extension

- Negative factor: Weak gold grade \(1.5 g/t\) for underground mining

- Negative factor: Very narrow intercept length \(0.50 m\) and true width \(0.43 m\)

Evidence · table

> 1.5

Context: 0.50

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 0.43

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Deleterious Elements Present**

Polarity: negative

Definition: A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: deleterious\_flag is true

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Mandalay Extends the Storheden Gold Deposit Adjacent to the Operating Björkdal Mine Mandalay Extends the Storheden Gold "

### SH-20

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-extends-the-storheden-gold-deposit-adjacent-to-the-operating-bj-xf6-rkd--eb9ef713-ef38-41d2-8894-8aeade16f84d#fact-drill-facts-32)

Storheden · gold

#### Identity

- Hole ID: SH-20
- Project: Storheden
- Commodity: gold
- Region: sweden
- Reported Region: sweden
- Ticker: MND

#### Geometry

- Grade: 5.6
- Grade Unit: g/t
- Intercept: 0.6 m
- True Width: 0.21 m
- From: 135.5 m
- To: 136.1 m
- Hole Depth: 181.7 m
- Intercept Depth: 135.5 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: SH-20:135.5-136.1
- Mining Method: underground

#### Location

- Easting: 764159
- Northing: 7213869
- Elevation: 160 m
- Azimuth: 334 °
- Dip: -62 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: CRS Laboratories Oy and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: arsenic

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.5
- Cutoff Unit: g/t

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2024-04-24T00:00:00.000Z

Reasoning: This intercept shows a strong gold grade, contributing to the extension of the deposit, despite the very narrow width.

- Positive factor: Strong gold grade \(5.6 g/t\) for underground mining

- Positive factor: True width disclosed

- Positive factor: Part of deposit extension

- Negative factor: Very narrow intercept length \(0.60 m\) and true width \(0.21 m\)

Evidence · table

> 5.6

Context: 0.60

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 0.21

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Deleterious Elements Present**

Polarity: negative

Definition: A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: deleterious\_flag is true

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Mandalay Extends the Storheden Gold Deposit Adjacent to the Operating Björkdal Mine Mandalay Extends the Storheden Gold "

### SH-20

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-extends-the-storheden-gold-deposit-adjacent-to-the-operating-bj-xf6-rkd--eb9ef713-ef38-41d2-8894-8aeade16f84d#fact-drill-facts-33)

Storheden · gold

#### Identity

- Hole ID: SH-20
- Project: Storheden
- Commodity: gold
- Region: sweden
- Reported Region: sweden
- Ticker: MND

#### Geometry

- Grade: 2.1
- Grade Unit: g/t
- Intercept: 0.5 m
- True Width: 0.25 m
- From: 140.8 m
- To: 141.3 m
- Hole Depth: 181.7 m
- Intercept Depth: 140.8 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: SH-20:140.8-141.3
- Mining Method: underground

#### Location

- Easting: 764159
- Northing: 7213869
- Elevation: 160 m
- Azimuth: 334 °
- Dip: -62 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: CRS Laboratories Oy and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: arsenic

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.5
- Cutoff Unit: g/t

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2024-04-24T00:00:00.000Z

Reasoning: This intercept shows a weak gold grade and very narrow width, but contributes to the overall understanding of the deposit extension.

- Positive factor: True width disclosed

- Positive factor: Part of deposit extension

- Negative factor: Weak gold grade \(2.1 g/t\) for underground mining

- Negative factor: Very narrow intercept length \(0.50 m\) and true width \(0.25 m\)

Evidence · table

> 2.1

Context: 0.50

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 0.25

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Deleterious Elements Present**

Polarity: negative

Definition: A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: deleterious\_flag is true

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Mandalay Extends the Storheden Gold Deposit Adjacent to the Operating Björkdal Mine Mandalay Extends the Storheden Gold "

### SH-21

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-extends-the-storheden-gold-deposit-adjacent-to-the-operating-bj-xf6-rkd--eb9ef713-ef38-41d2-8894-8aeade16f84d#fact-drill-facts-34)

Storheden · gold

#### Identity

- Hole ID: SH-21
- Project: Storheden
- Commodity: gold
- Region: sweden
- Reported Region: sweden
- Ticker: MND

#### Geometry

- Grade: 2.2
- Grade Unit: g/t
- Intercept: 0.7 m
- True Width: 0.66 m
- From: 43.5 m
- To: 44.2 m
- Hole Depth: 299.55 m
- Intercept Depth: 43.5 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: SH-21:43.5-44.2
- Mining Method: underground

#### Location

- Easting: 764304
- Northing: 7214047
- Elevation: 163 m
- Azimuth: 161 °
- Dip: -61 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: CRS Laboratories Oy and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: arsenic

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.5
- Cutoff Unit: g/t

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2024-04-24T00:00:00.000Z

Reasoning: This intercept shows a weak gold grade and very narrow width, but contributes to the overall understanding of the deposit extension.

- Positive factor: True width disclosed

- Positive factor: Part of deposit extension

- Negative factor: Weak gold grade \(2.2 g/t\) for underground mining

- Negative factor: Very narrow intercept length \(0.70 m\) and true width \(0.66 m\)

Evidence · table

> 2.2

Context: 0.70

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 0.66

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Deleterious Elements Present**

Polarity: negative

Definition: A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: deleterious\_flag is true

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Mandalay Extends the Storheden Gold Deposit Adjacent to the Operating Björkdal Mine Mandalay Extends the Storheden Gold "

### SH-21

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-extends-the-storheden-gold-deposit-adjacent-to-the-operating-bj-xf6-rkd--eb9ef713-ef38-41d2-8894-8aeade16f84d#fact-drill-facts-35)

Storheden · gold

#### Identity

- Hole ID: SH-21
- Project: Storheden
- Commodity: gold
- Region: sweden
- Reported Region: sweden
- Ticker: MND

#### Geometry

- Grade: 1.2
- Grade Unit: g/t
- Intercept: 0.7 m
- True Width: 0.61 m
- From: 47.9 m
- To: 48.6 m
- Hole Depth: 299.55 m
- Intercept Depth: 47.9 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: SH-21:47.9-48.6
- Mining Method: underground

#### Location

- Easting: 764304
- Northing: 7214047
- Elevation: 163 m
- Azimuth: 161 °
- Dip: -61 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: CRS Laboratories Oy and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: arsenic

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.5
- Cutoff Unit: g/t

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2024-04-24T00:00:00.000Z

Reasoning: This intercept shows a weak gold grade and very narrow width, but contributes to the overall understanding of the deposit extension.

- Positive factor: True width disclosed

- Positive factor: Part of deposit extension

- Negative factor: Weak gold grade \(1.2 g/t\) for underground mining

- Negative factor: Very narrow intercept length \(0.70 m\) and true width \(0.61 m\)

Evidence · table

> 1.2

Context: 0.70

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 0.61

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Deleterious Elements Present**

Polarity: negative

Definition: A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: deleterious\_flag is true

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Mandalay Extends the Storheden Gold Deposit Adjacent to the Operating Björkdal Mine Mandalay Extends the Storheden Gold "

### SH-21

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-extends-the-storheden-gold-deposit-adjacent-to-the-operating-bj-xf6-rkd--eb9ef713-ef38-41d2-8894-8aeade16f84d#fact-drill-facts-36)

Storheden · gold

#### Identity

- Hole ID: SH-21
- Project: Storheden
- Commodity: gold
- Region: sweden
- Reported Region: sweden
- Ticker: MND

#### Geometry

- Grade: 2.7
- Grade Unit: g/t
- Intercept: 0.55 m
- True Width: 0.48 m
- From: 83.8 m
- To: 84.35 m
- Hole Depth: 299.55 m
- Intercept Depth: 83.8 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: SH-21:83.8-84.35
- Mining Method: underground

#### Location

- Easting: 764304
- Northing: 7214047
- Elevation: 163 m
- Azimuth: 161 °
- Dip: -61 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: CRS Laboratories Oy and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: arsenic

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.5
- Cutoff Unit: g/t

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2024-04-24T00:00:00.000Z

Reasoning: This intercept shows a weak gold grade and very narrow width, but contributes to the overall understanding of the deposit extension.

- Positive factor: Weak gold grade \(2.7 g/t\) for underground mining

- Positive factor: True width disclosed

- Positive factor: Part of deposit extension

- Negative factor: Very narrow intercept length \(0.55 m\) and true width \(0.48 m\)

Evidence · table

> 2.7

Context: 0.55

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 0.48

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Deleterious Elements Present**

Polarity: negative

Definition: A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: deleterious\_flag is true

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Mandalay Extends the Storheden Gold Deposit Adjacent to the Operating Björkdal Mine Mandalay Extends the Storheden Gold "

### SH-21

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-extends-the-storheden-gold-deposit-adjacent-to-the-operating-bj-xf6-rkd--eb9ef713-ef38-41d2-8894-8aeade16f84d#fact-drill-facts-37)

Storheden · gold

#### Identity

- Hole ID: SH-21
- Project: Storheden
- Commodity: gold
- Region: sweden
- Reported Region: sweden
- Ticker: MND

#### Geometry

- Grade: 1.4
- Grade Unit: g/t
- Intercept: 0.6 m
- True Width: 0.34 m
- From: 87.2 m
- To: 87.8 m
- Hole Depth: 299.55 m
- Intercept Depth: 87.2 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: SH-21:87.2-87.8
- Mining Method: underground

#### Location

- Easting: 764304
- Northing: 7214047
- Elevation: 163 m
- Azimuth: 161 °
- Dip: -61 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: CRS Laboratories Oy and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: arsenic

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.5
- Cutoff Unit: g/t

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2024-04-24T00:00:00.000Z

Reasoning: This intercept shows a weak gold grade and very narrow width, but contributes to the overall understanding of the deposit extension.

- Positive factor: True width disclosed

- Positive factor: Part of deposit extension

- Negative factor: Weak gold grade \(1.4 g/t\) for underground mining

- Negative factor: Very narrow intercept length \(0.60 m\) and true width \(0.34 m\)

Evidence · table

> 1.4

Context: 0.60

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 0.34

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Deleterious Elements Present**

Polarity: negative

Definition: A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: deleterious\_flag is true

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Mandalay Extends the Storheden Gold Deposit Adjacent to the Operating Björkdal Mine Mandalay Extends the Storheden Gold "

### SH-21

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-extends-the-storheden-gold-deposit-adjacent-to-the-operating-bj-xf6-rkd--eb9ef713-ef38-41d2-8894-8aeade16f84d#fact-drill-facts-38)

Storheden · gold

#### Identity

- Hole ID: SH-21
- Project: Storheden
- Commodity: gold
- Region: sweden
- Reported Region: sweden
- Ticker: MND

#### Geometry

- Grade: 33
- Grade Unit: g/t
- Intercept: 0.4 m
- True Width: 0.26 m
- From: 89.1 m
- To: 89.5 m
- Hole Depth: 299.55 m
- Intercept Depth: 89.1 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: SH-21:89.1-89.5
- Mining Method: underground

#### Location

- Easting: 764304
- Northing: 7214047
- Elevation: 163 m
- Azimuth: 161 °
- Dip: -61 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: CRS Laboratories Oy and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: arsenic

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.5
- Cutoff Unit: g/t

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2024-04-24T00:00:00.000Z

Reasoning: This intercept shows an exceptionally high gold grade and strong GT product, contributing to the extension of the deposit, despite the very narrow width.

- Positive factor: Exceptional gold grade \(33.0 g/t\) for underground mining

- Positive factor: Strong grade-thickness product \(13.2 g/t·m\)

- Positive factor: True width disclosed

- Positive factor: Part of deposit extension

- Negative factor: Very narrow intercept length \(0.40 m\) and true width \(0.26 m\)

Evidence · table

> 33.0

Context: 0.40

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 0.26

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Deleterious Elements Present**

Polarity: negative

Definition: A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: deleterious\_flag is true

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Mandalay Extends the Storheden Gold Deposit Adjacent to the Operating Björkdal Mine Mandalay Extends the Storheden Gold "

### SH-21

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-extends-the-storheden-gold-deposit-adjacent-to-the-operating-bj-xf6-rkd--eb9ef713-ef38-41d2-8894-8aeade16f84d#fact-drill-facts-39)

Storheden · gold

#### Identity

- Hole ID: SH-21
- Project: Storheden
- Commodity: gold
- Region: sweden
- Reported Region: sweden
- Ticker: MND

#### Geometry

- Grade: 3.3
- Grade Unit: g/t
- Intercept: 0.6 m
- True Width: 0.21 m
- From: 118.5 m
- To: 119.1 m
- Hole Depth: 299.55 m
- Intercept Depth: 118.5 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: SH-21:118.5-119.1
- Mining Method: underground

#### Location

- Easting: 764304
- Northing: 7214047
- Elevation: 163 m
- Azimuth: 161 °
- Dip: -61 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: CRS Laboratories Oy and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: arsenic

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.5
- Cutoff Unit: g/t

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2024-04-24T00:00:00.000Z

Reasoning: This intercept shows a moderate gold grade and very narrow width, contributing to the extension of the deposit.

- Positive factor: Moderate gold grade \(3.3 g/t\) for underground mining

- Positive factor: True width disclosed

- Positive factor: Part of deposit extension

- Negative factor: Very narrow intercept length \(0.60 m\) and true width \(0.21 m\)

Evidence · table

> 3.3

Context: 0.60

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 0.21

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Deleterious Elements Present**

Polarity: negative

Definition: A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: deleterious\_flag is true

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Mandalay Extends the Storheden Gold Deposit Adjacent to the Operating Björkdal Mine Mandalay Extends the Storheden Gold "

### SH-21

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-extends-the-storheden-gold-deposit-adjacent-to-the-operating-bj-xf6-rkd--eb9ef713-ef38-41d2-8894-8aeade16f84d#fact-drill-facts-40)

Storheden · gold

#### Identity

- Hole ID: SH-21
- Project: Storheden
- Commodity: gold
- Region: sweden
- Reported Region: sweden
- Ticker: MND

#### Geometry

- Grade: 1.8
- Grade Unit: g/t
- Intercept: 0.8 m
- True Width: 0.66 m
- From: 130.7 m
- To: 131.5 m
- Hole Depth: 299.55 m
- Intercept Depth: 130.7 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: SH-21:130.7-131.5
- Mining Method: underground

#### Location

- Easting: 764304
- Northing: 7214047
- Elevation: 163 m
- Azimuth: 161 °
- Dip: -61 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: CRS Laboratories Oy and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: arsenic

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.5
- Cutoff Unit: g/t

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2024-04-24T00:00:00.000Z

Reasoning: This intercept shows a weak gold grade and very narrow width, but contributes to the overall understanding of the deposit extension.

- Positive factor: True width disclosed

- Positive factor: Part of deposit extension

- Negative factor: Weak gold grade \(1.8 g/t\) for underground mining

- Negative factor: Very narrow intercept length \(0.80 m\) and true width \(0.66 m\)

Evidence · table

> 1.8

Context: 0.80

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 0.66

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Deleterious Elements Present**

Polarity: negative

Definition: A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: deleterious\_flag is true

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Mandalay Extends the Storheden Gold Deposit Adjacent to the Operating Björkdal Mine Mandalay Extends the Storheden Gold "

### SH-22

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-extends-the-storheden-gold-deposit-adjacent-to-the-operating-bj-xf6-rkd--eb9ef713-ef38-41d2-8894-8aeade16f84d#fact-drill-facts-41)

Storheden · gold

#### Identity

- Hole ID: SH-22
- Project: Storheden
- Commodity: gold
- Region: sweden
- Reported Region: sweden
- Ticker: MND

#### Geometry

- Grade: 3
- Grade Unit: g/t
- Intercept: 0.9 m
- True Width: 0.74 m
- From: 48.3 m
- To: 49.2 m
- Hole Depth: 392.15 m
- Intercept Depth: 48.3 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: SH-22:48.3-49.2
- Mining Method: underground

#### Location

- Easting: 764026
- Northing: 7214043
- Elevation: 167 m
- Azimuth: 131 °
- Dip: -67 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: CRS Laboratories Oy and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: arsenic

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.5
- Cutoff Unit: g/t

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2024-04-24T00:00:00.000Z

Reasoning: This intercept shows a moderate gold grade and very narrow width, contributing to the extension of the deposit.

- Positive factor: Moderate gold grade \(3.0 g/t\) for underground mining

- Positive factor: True width disclosed

- Positive factor: Part of deposit extension

- Negative factor: Very narrow intercept length \(0.90 m\) and true width \(0.74 m\)

Evidence · table

> 3.0

Context: 0.90

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 0.74

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Deleterious Elements Present**

Polarity: negative

Definition: A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: deleterious\_flag is true

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Mandalay Extends the Storheden Gold Deposit Adjacent to the Operating Björkdal Mine Mandalay Extends the Storheden Gold "

### SH-22

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-extends-the-storheden-gold-deposit-adjacent-to-the-operating-bj-xf6-rkd--eb9ef713-ef38-41d2-8894-8aeade16f84d#fact-drill-facts-42)

Storheden · gold

#### Identity

- Hole ID: SH-22
- Project: Storheden
- Commodity: gold
- Region: sweden
- Reported Region: sweden
- Ticker: MND

#### Geometry

- Grade: 1.8
- Grade Unit: g/t
- Intercept: 1.75 m
- True Width: 1.34 m
- From: 64 m
- To: 65.75 m
- Hole Depth: 392.15 m
- Intercept Depth: 64 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: SH-22:64-65.75
- Mining Method: underground

#### Location

- Easting: 764026
- Northing: 7214043
- Elevation: 167 m
- Azimuth: 131 °
- Dip: -67 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: CRS Laboratories Oy and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: arsenic

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.5
- Cutoff Unit: g/t

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2024-04-24T00:00:00.000Z

Reasoning: This intercept shows a weak gold grade and very narrow width, but contributes to the overall understanding of the deposit extension.

- Positive factor: True width disclosed

- Positive factor: Part of deposit extension

- Negative factor: Weak gold grade \(1.8 g/t\) for underground mining

- Negative factor: Very narrow intercept length \(1.75 m\) and true width \(1.34 m\)

Evidence · table

> 1.8

Context: 1.75

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 1.34

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Deleterious Elements Present**

Polarity: negative

Definition: A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: deleterious\_flag is true

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Mandalay Extends the Storheden Gold Deposit Adjacent to the Operating Björkdal Mine Mandalay Extends the Storheden Gold "

### SH-22

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-extends-the-storheden-gold-deposit-adjacent-to-the-operating-bj-xf6-rkd--eb9ef713-ef38-41d2-8894-8aeade16f84d#fact-drill-facts-43)

Storheden · gold

#### Identity

- Hole ID: SH-22
- Project: Storheden
- Commodity: gold
- Region: sweden
- Reported Region: sweden
- Ticker: MND

#### Geometry

- Grade: 3
- Grade Unit: g/t
- Intercept: 1.1 m
- True Width: 0.84 m
- From: 70 m
- To: 71.1 m
- Hole Depth: 392.15 m
- Intercept Depth: 70 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: SH-22:70-71.1
- Mining Method: underground

#### Location

- Easting: 764026
- Northing: 7214043
- Elevation: 167 m
- Azimuth: 131 °
- Dip: -67 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: CRS Laboratories Oy and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: arsenic

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.5
- Cutoff Unit: g/t

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2024-04-24T00:00:00.000Z

Reasoning: This intercept shows a moderate gold grade and very narrow width, but contributes to the overall understanding of the deposit extension.

- Positive factor: Moderate gold grade \(3.0 g/t\) for underground mining

- Positive factor: True width disclosed

- Positive factor: Part of deposit extension

- Negative factor: Very narrow intercept length \(1.10 m\) and true width \(0.84 m\)

Evidence · table

> 3.0

Context: 1.10

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 0.84

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Deleterious Elements Present**

Polarity: negative

Definition: A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: deleterious\_flag is true

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Mandalay Extends the Storheden Gold Deposit Adjacent to the Operating Björkdal Mine Mandalay Extends the Storheden Gold "

### SH-22

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-extends-the-storheden-gold-deposit-adjacent-to-the-operating-bj-xf6-rkd--eb9ef713-ef38-41d2-8894-8aeade16f84d#fact-drill-facts-44)

Storheden · gold

#### Identity

- Hole ID: SH-22
- Project: Storheden
- Commodity: gold
- Region: sweden
- Reported Region: sweden
- Ticker: MND

#### Geometry

- Grade: 4.1
- Grade Unit: g/t
- Intercept: 0.4 m
- True Width: 0.33 m
- From: 73.7 m
- To: 74.1 m
- Hole Depth: 392.15 m
- Intercept Depth: 73.7 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: SH-22:73.7-74.1
- Mining Method: underground

#### Location

- Easting: 764026
- Northing: 7214043
- Elevation: 167 m
- Azimuth: 131 °
- Dip: -67 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: CRS Laboratories Oy and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: arsenic

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.5
- Cutoff Unit: g/t

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2024-04-24T00:00:00.000Z

Reasoning: This intercept shows a moderate gold grade and very narrow width, contributing to the extension of the deposit.

- Positive factor: Moderate gold grade \(4.1 g/t\) for underground mining

- Positive factor: True width disclosed

- Positive factor: Part of deposit extension

- Negative factor: Very narrow intercept length \(0.40 m\) and true width \(0.33 m\)

Evidence · table

> 4.1

Context: 0.40

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 0.33

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Deleterious Elements Present**

Polarity: negative

Definition: A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: deleterious\_flag is true

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Mandalay Extends the Storheden Gold Deposit Adjacent to the Operating Björkdal Mine Mandalay Extends the Storheden Gold "

### SH-22

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-extends-the-storheden-gold-deposit-adjacent-to-the-operating-bj-xf6-rkd--eb9ef713-ef38-41d2-8894-8aeade16f84d#fact-drill-facts-45)

Storheden · gold

#### Identity

- Hole ID: SH-22
- Project: Storheden
- Commodity: gold
- Region: sweden
- Reported Region: sweden
- Ticker: MND

#### Geometry

- Grade: 3.2
- Grade Unit: g/t
- Intercept: 0.35 m
- True Width: 0.2 m
- From: 109.85 m
- To: 110.2 m
- Hole Depth: 392.15 m
- Intercept Depth: 109.85 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: SH-22:109.85-110.2
- Mining Method: underground

#### Location

- Easting: 764026
- Northing: 7214043
- Elevation: 167 m
- Azimuth: 131 °
- Dip: -67 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: CRS Laboratories Oy and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: arsenic

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.5
- Cutoff Unit: g/t

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2024-04-24T00:00:00.000Z

Reasoning: This intercept shows a moderate gold grade and very narrow width, contributing to the extension of the deposit.

- Positive factor: Moderate gold grade \(3.2 g/t\) for underground mining

- Positive factor: True width disclosed

- Positive factor: Part of deposit extension

- Negative factor: Very narrow intercept length \(0.35 m\) and true width \(0.20 m\)

Evidence · table

> 3.2

Context: 0.35

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 0.2

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Deleterious Elements Present**

Polarity: negative

Definition: A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: deleterious\_flag is true

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Mandalay Extends the Storheden Gold Deposit Adjacent to the Operating Björkdal Mine Mandalay Extends the Storheden Gold "

### SH-22

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-extends-the-storheden-gold-deposit-adjacent-to-the-operating-bj-xf6-rkd--eb9ef713-ef38-41d2-8894-8aeade16f84d#fact-drill-facts-46)

Storheden · gold

#### Identity

- Hole ID: SH-22
- Project: Storheden
- Commodity: gold
- Region: sweden
- Reported Region: sweden
- Ticker: MND

#### Geometry

- Grade: 1.3
- Grade Unit: g/t
- Intercept: 0.8 m
- True Width: 0.66 m
- From: 113 m
- To: 113.8 m
- Hole Depth: 392.15 m
- Intercept Depth: 113 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: SH-22:113-113.8
- Mining Method: underground

#### Location

- Easting: 764026
- Northing: 7214043
- Elevation: 167 m
- Azimuth: 131 °
- Dip: -67 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: CRS Laboratories Oy and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: arsenic

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.5
- Cutoff Unit: g/t

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2024-04-24T00:00:00.000Z

Reasoning: This intercept shows a weak gold grade and very narrow width, but contributes to the overall understanding of the deposit extension.

- Positive factor: True width disclosed

- Positive factor: Part of deposit extension

- Negative factor: Weak gold grade \(1.3 g/t\) for underground mining

- Negative factor: Very narrow intercept length \(0.80 m\) and true width \(0.66 m\)

Evidence · table

> 1.3

Context: 0.80

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 0.66

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Deleterious Elements Present**

Polarity: negative

Definition: A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: deleterious\_flag is true

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Mandalay Extends the Storheden Gold Deposit Adjacent to the Operating Björkdal Mine Mandalay Extends the Storheden Gold "

## How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.
