# Mandalay Intercepts Gold at Two Highly Prospective Targets Near the Bj&amp;\#xF6;rkdal Mine, Sweden

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/mandalay-intercepts-gold-at-two-highly-prospective-targets-near-the-bj-xf6-rkdal--4b6456c5-3c32-4781-be2b-27d84ba1f349

Original source: https://money.tmx.com/en/quote/MND/news/5379735680846145/mandalay-intercepts-gold-at-two-highly-prospective-targets-near-the-bj-xf6-rkdal

Publisher: tmx

Original announcement: 2024-06-05T11:30:00.000Z

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: Zinc, Copper

- Document categories: Drill results

- Extracted: 2026-09-16 11:16:26 UTC

Narrative sentiment: 0.60 · Bullish

## Minestarters Atlas summary

Mandalay Resources announced successful regional exploration drill results from two new targets, Lapptjärn and Granholm, near its Björkdal Mine in Sweden. The program, comprising 26 holes, yielded high-grade gold intercepts, including 5.3 g/t gold over 7.05 meters \(5.40 m estimated true width\) in hole LP-6 at Lapptjärn, and 14.9 g/t gold over 0.5 meters \(0.38 m estimated true width\) in hole GH-2 at Granholm. While Tarsnäs and Nyholm did not return significant intercepts, Tarsnäs showed anomalous zinc and copper, and follow-up geophysical surveys are planned for Lapptjärn and Tarsnäs.

Reasoning: Mandalay's regional exploration program successfully identified high-grade gold mineralization at two new targets, Lapptjärn and Granholm, near its Björkdal Mine in Sweden. The results, including a strong intercept of 5.3 g/t gold over 7.05 meters at Lapptjärn, are positive for early-stage exploration, demonstrating new potential in a prospective district. The disclosure of true widths and robust QA/QC procedures adds confidence, though the narrow nature of many intercepts and the mention of arsenopyrite warrant caution.

- Positive factor: High-grade gold intercepts at new regional targets \(Lapptjärn and Granholm\) demonstrate exploration potential.

- Positive factor: Significant intercept length with good grade in LP-6 \(5.3 g/t Au over 7.05 m\) indicates potential for broader mineralization.

- Positive factor: Estimated true widths are provided for all reported intercepts, improving geological confidence.

- Positive factor: Comprehensive QA/QC procedures are disclosed, and the release is signed off by a Qualified Person.

- Positive factor: The results identify new areas for follow-up geophysical surveys, indicating ongoing exploration commitment.

- Negative factor: Many reported intercepts are narrow, particularly at Granholm, which may limit economic viability.

- Negative factor: Tarsnäs and Nyholm prospects did not return significant mineralized intercepts, despite being part of the same regional program.

- Negative factor: The presence of arsenopyrite in mineralization suggests potential processing challenges and penalty elements.

- Negative factor: The reporting cut-off of 0.5 g/t Au diluted to 1m is relatively low, and specific compositing cut-off grades for intervals are not explicitly stated.

Low confidence — this extraction should be reviewed alongside the original source.

Facts used in scoring: 22

## Classification and evidence

**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, indicating that true widths have been estimated.

Evidence · table

> ESTIMATED TRUE WIDTH \(M\)

Context: INTERVAL \(M\)

**Step-Out Extension**

Polarity: positive

Definition: Mineralization extended beyond the previously known limit.

Why it applies: The drilling targeted 'high priority regional targets' and 'new targets' \(Lapptjärn, Granholm, Tarsnäs, Nyholm\) near the Björkdal Mine, indicating an effort to extend mineralization beyond known areas.

Evidence · text

> Mandalay Intercepts Gold at Two Highly Prospective Targets Near the Björkdal Mine, Sweden

**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 details the use of standard reference samples, blanks, duplicates, repeats, and internal laboratory quality assurance procedures, and mentions a Qualified Person sign-off.

Evidence · text

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

**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-bearing veins in the context of mineralization at Lapptjärn and Tarsnäs, indicating the presence of arsenic, a common penalty element.

Evidence · text

> Mineralization at Lapptjärn is associated with structurally controlled lodes of disseminated arsenopyrite or irregular, arsenopyrite-bearing, Quartz-Carbonate veins.

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: While a reporting cut-off of 0.5 g/t Au diluted to 1m is mentioned for what is not reported, the specific compositing cut-off grade used for the reported intervals is not explicitly stated.

Evidence · text

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

**Exploration Drilling**

Polarity: neutral

Story-specific tag

Definition: No canonical definition is currently available.

Why it applies: The document describes the program as 'regional target testing drill campaigns' and 'regional exploration programs' focused on new prospects.

Evidence · text

> successful results from its regional target testing drill campaigns approximately 6 km to the southwest of the Björkdal Mine.

## Extracted facts

Stored fact records: 22. Some facts used in scoring do not have a stored record.

## Drill Results (22)

### GH-1

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-intercepts-gold-at-two-highly-prospective-targets-near-the-bj-xf6-rkdal--4b6456c5-3c32-4781-be2b-27d84ba1f349#fact-drill-facts-0)

Granholm · gold

#### Identity

- Hole ID: GH-1
- Project: Granholm
- Commodity: gold
- Region: sweden
- Reported Region: sweden
- Ticker: MND

#### Geometry

- Grade: 2.1
- Grade Unit: g/t
- Intercept: 0.4 m
- True Width: 0.31 m
- From: 60 m
- To: 60.4 m
- Hole Depth: 199.1 m
- Intercept Depth: 60 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: GH-1:60-60.4

#### Location

- Easting: 759799
- Northing: 7206791
- Elevation: 193 m
- Azimuth: 170 °
- 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

#### Review

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

#### Dates

- Event date: 2024-06-05T00:00:00.000Z

Reasoning: This is a narrow, low-grade intercept from a new exploration target, contributing to the overall understanding of the prospect but not highly material on its own.

- Positive factor: Intercept from a new exploration target \(Granholm\).

- Positive factor: True width estimated.

- Negative factor: Low grade \(2.1 g/t Au is weak for gold\).

- Negative factor: Very narrow intercept \(0.4 m\).

#### Tags used in scoring

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

#### Rejected tags

**True Width Disclosed** — Rejected; excluded from scoring

Polarity: positive

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

Reason: The estimated true width of 0.31 m is stated for the intercept.

Evidence · table

> 0.31

Context: 0.40

**QA/QC Disclosed** — Rejected; excluded from scoring

Polarity: positive

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

Reason: The release details 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.

**Deleterious Elements Present** — Rejected; excluded from scoring

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.

Reason: The document mentions arsenopyrite-bearing veins in the context of mineralization, indicating the presence of arsenic.

Evidence · text

> Mineralization at Lapptjärn is associated with structurally controlled lodes of disseminated arsenopyrite or irregular, arsenopyrite-bearing, Quartz-Carbonate veins.

### GH-2

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-intercepts-gold-at-two-highly-prospective-targets-near-the-bj-xf6-rkdal--4b6456c5-3c32-4781-be2b-27d84ba1f349#fact-drill-facts-1)

Granholm · gold

#### Identity

- Hole ID: GH-2
- Project: Granholm
- Commodity: gold
- Region: sweden
- Reported Region: sweden
- Ticker: MND

#### Geometry

- Grade: 14.9
- Grade Unit: g/t
- Intercept: 0.5 m
- True Width: 0.38 m
- From: 106.7 m
- To: 107.2 m
- Hole Depth: 199.9 m
- Intercept Depth: 106.7 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: GH-2:106.7-107.2

#### Location

- Easting: 759681
- Northing: 7206778
- Elevation: 188 m
- Azimuth: 170 °
- 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

#### Review

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

#### Dates

- Event date: 2024-06-05T00:00:00.000Z

Reasoning: This is a bonanza-grade intercept from a new exploration target, indicating high-grade potential, though its very narrow width limits overall materiality.

- Positive factor: High-grade gold intercept \(14.9 g/t Au\) from a new exploration target \(Granholm\).

- Positive factor: True width estimated.

- Negative factor: Very narrow intercept \(0.5 m\).

#### Tags used in scoring

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

#### Rejected tags

**Bonanza Intercept** — Rejected; excluded from scoring

Polarity: positive

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

Reason: The grade of 14.9 g/t gold is exceptionally high, well above the typical threshold for gold deposits.

Evidence · table

> 14.9

Context: 0.50

**True Width Disclosed** — Rejected; excluded from scoring

Polarity: positive

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

Reason: The estimated true width of 0.38 m is stated for the intercept.

Evidence · table

> 0.38

Context: 0.50

**QA/QC Disclosed** — Rejected; excluded from scoring

Polarity: positive

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

Reason: The release details 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.

**Deleterious Elements Present** — Rejected; excluded from scoring

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.

Reason: The document mentions arsenopyrite-bearing veins in the context of mineralization, indicating the presence of arsenic.

Evidence · text

> Mineralization at Lapptjärn is associated with structurally controlled lodes of disseminated arsenopyrite or irregular, arsenopyrite-bearing, Quartz-Carbonate veins.

### GH-2

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-intercepts-gold-at-two-highly-prospective-targets-near-the-bj-xf6-rkdal--4b6456c5-3c32-4781-be2b-27d84ba1f349#fact-drill-facts-2)

Granholm · gold

#### Identity

- Hole ID: GH-2
- Project: Granholm
- Commodity: gold
- Region: sweden
- Reported Region: sweden
- Ticker: MND

#### Geometry

- Grade: 2.2
- Grade Unit: g/t
- Intercept: 0.6 m
- True Width: 0.39 m
- From: 115.6 m
- To: 116.2 m
- Hole Depth: 199.9 m
- Intercept Depth: 106.7 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: GH-2:115.6-116.2

#### Location

- Easting: 759681
- Northing: 7206778
- Elevation: 188 m
- Azimuth: 170 °
- 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

#### Review

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

#### Dates

- Event date: 2024-06-05T00:00:00.000Z

Reasoning: This is a narrow, low-grade intercept from a new exploration target, contributing to the overall understanding of the prospect but not highly material on its own.

- Positive factor: Intercept from a new exploration target \(Granholm\).

- Positive factor: True width estimated.

- Negative factor: Low grade \(2.2 g/t Au is weak for gold\).

- Negative factor: Very narrow intercept \(0.6 m\).

#### Tags used in scoring

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

#### Rejected tags

**True Width Disclosed** — Rejected; excluded from scoring

Polarity: positive

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

Reason: The estimated true width of 0.39 m is stated for the intercept.

Evidence · table

> 0.39

Context: 0.60

**QA/QC Disclosed** — Rejected; excluded from scoring

Polarity: positive

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

Reason: The release details 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.

**Deleterious Elements Present** — Rejected; excluded from scoring

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.

Reason: The document mentions arsenopyrite-bearing veins in the context of mineralization, indicating the presence of arsenic.

Evidence · text

> Mineralization at Lapptjärn is associated with structurally controlled lodes of disseminated arsenopyrite or irregular, arsenopyrite-bearing, Quartz-Carbonate veins.

### GH-2

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-intercepts-gold-at-two-highly-prospective-targets-near-the-bj-xf6-rkdal--4b6456c5-3c32-4781-be2b-27d84ba1f349#fact-drill-facts-3)

Granholm · gold

#### Identity

- Hole ID: GH-2
- Project: Granholm
- Commodity: gold
- Region: sweden
- Reported Region: sweden
- Ticker: MND

#### Geometry

- Grade: 2.5
- Grade Unit: g/t
- Intercept: 0.45 m
- True Width: 0.32 m
- From: 142 m
- To: 142.45 m
- Hole Depth: 199.9 m
- Intercept Depth: 106.7 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: GH-2:142-142.45

#### Location

- Easting: 759681
- Northing: 7206778
- Elevation: 188 m
- Azimuth: 170 °
- 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

#### Review

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

#### Dates

- Event date: 2024-06-05T00:00:00.000Z

Reasoning: This is a narrow, low-grade intercept from a new exploration target, contributing to the overall understanding of the prospect but not highly material on its own.

- Positive factor: Intercept from a new exploration target \(Granholm\).

- Positive factor: True width estimated.

- Negative factor: Low grade \(2.5 g/t Au is weak for gold\).

- Negative factor: Very narrow intercept \(0.45 m\).

#### Tags used in scoring

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

#### Rejected tags

**True Width Disclosed** — Rejected; excluded from scoring

Polarity: positive

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

Reason: The estimated true width of 0.32 m is stated for the intercept.

Evidence · table

> 0.32

Context: 0.45

**QA/QC Disclosed** — Rejected; excluded from scoring

Polarity: positive

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

Reason: The release details 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.

**Deleterious Elements Present** — Rejected; excluded from scoring

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.

Reason: The document mentions arsenopyrite-bearing veins in the context of mineralization, indicating the presence of arsenic.

Evidence · text

> Mineralization at Lapptjärn is associated with structurally controlled lodes of disseminated arsenopyrite or irregular, arsenopyrite-bearing, Quartz-Carbonate veins.

### GH-3

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-intercepts-gold-at-two-highly-prospective-targets-near-the-bj-xf6-rkdal--4b6456c5-3c32-4781-be2b-27d84ba1f349#fact-drill-facts-4)

Granholm · gold

#### Identity

- Hole ID: GH-3
- Project: Granholm
- Commodity: gold
- Region: sweden
- Reported Region: sweden
- Ticker: MND

#### Geometry

- Grade: 5.4
- Grade Unit: g/t
- Intercept: 0.55 m
- True Width: 0.35 m
- From: 23.75 m
- To: 24.3 m
- Hole Depth: 200 m
- Intercept Depth: 23.75 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: GH-3:23.75-24.3

#### Location

- Easting: 759636
- Northing: 7206906
- Elevation: 186 m
- Azimuth: 170 °
- 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

#### Review

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

#### Dates

- Event date: 2024-06-05T00:00:00.000Z

Reasoning: This is a high-grade intercept from a new exploration target, indicating potential, but its very narrow width limits overall materiality.

- Positive factor: High-grade gold intercept \(5.4 g/t Au\) from a new exploration target \(Granholm\).

- Positive factor: True width estimated.

- Negative factor: Very narrow intercept \(0.55 m\).

#### Tags used in scoring

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

#### Rejected tags

**True Width Disclosed** — Rejected; excluded from scoring

Polarity: positive

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

Reason: The estimated true width of 0.35 m is stated for the intercept.

Evidence · table

> 0.35

Context: 0.55

**QA/QC Disclosed** — Rejected; excluded from scoring

Polarity: positive

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

Reason: The release details 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.

**Deleterious Elements Present** — Rejected; excluded from scoring

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.

Reason: The document mentions arsenopyrite-bearing veins in the context of mineralization, indicating the presence of arsenic.

Evidence · text

> Mineralization at Lapptjärn is associated with structurally controlled lodes of disseminated arsenopyrite or irregular, arsenopyrite-bearing, Quartz-Carbonate veins.

### GH-3

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-intercepts-gold-at-two-highly-prospective-targets-near-the-bj-xf6-rkdal--4b6456c5-3c32-4781-be2b-27d84ba1f349#fact-drill-facts-5)

Granholm · gold

#### Identity

- Hole ID: GH-3
- Project: Granholm
- Commodity: gold
- Region: sweden
- Reported Region: sweden
- Ticker: MND

#### Geometry

- Grade: 3.1
- Grade Unit: g/t
- Intercept: 0.35 m
- True Width: 0.27 m
- From: 32.05 m
- To: 32.4 m
- Hole Depth: 200 m
- Intercept Depth: 23.75 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: GH-3:32.05-32.4

#### Location

- Easting: 759636
- Northing: 7206906
- Elevation: 186 m
- Azimuth: 170 °
- 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

#### Review

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

#### Dates

- Event date: 2024-06-05T00:00:00.000Z

Reasoning: This is a narrow, low-grade intercept from a new exploration target, contributing to the overall understanding of the prospect but not highly material on its own.

- Positive factor: Intercept from a new exploration target \(Granholm\).

- Positive factor: True width estimated.

- Negative factor: Low grade \(3.1 g/t Au is weak for gold\).

- Negative factor: Very narrow intercept \(0.35 m\).

#### Tags used in scoring

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

#### Rejected tags

**True Width Disclosed** — Rejected; excluded from scoring

Polarity: positive

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

Reason: The estimated true width of 0.27 m is stated for the intercept.

Evidence · table

> 0.27

Context: 0.35

**QA/QC Disclosed** — Rejected; excluded from scoring

Polarity: positive

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

Reason: The release details 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.

**Deleterious Elements Present** — Rejected; excluded from scoring

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.

Reason: The document mentions arsenopyrite-bearing veins in the context of mineralization, indicating the presence of arsenic.

Evidence · text

> Mineralization at Lapptjärn is associated with structurally controlled lodes of disseminated arsenopyrite or irregular, arsenopyrite-bearing, Quartz-Carbonate veins.

### LP-1

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-intercepts-gold-at-two-highly-prospective-targets-near-the-bj-xf6-rkdal--4b6456c5-3c32-4781-be2b-27d84ba1f349#fact-drill-facts-6)

Lapptjärn · gold

#### Identity

- Hole ID: LP-1
- Project: Lapptjärn
- Commodity: gold
- Region: sweden
- Reported Region: sweden
- Ticker: MND

#### Geometry

- Grade: 1
- Grade Unit: g/t
- Intercept: 1.75 m
- True Width: 0.88 m
- From: 82.6 m
- To: 84.35 m
- Hole Depth: 250.05 m
- Intercept Depth: 82.6 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: LP-1:82.6-84.35

#### Location

- Easting: 757994
- Northing: 7208500
- Elevation: 217 m
- Azimuth: 75 °
- Dip: -46 °
- 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

#### Review

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

#### Dates

- Event date: 2024-06-05T00:00:00.000Z

Reasoning: This is a narrow, low-grade intercept from a new exploration target, contributing to the overall understanding of the prospect but not highly material on its own.

- Positive factor: Intercept from a new exploration target \(Lapptjärn\).

- Positive factor: True width estimated.

- Negative factor: Low grade \(1.0 g/t Au is weak for gold\).

#### Tags used in scoring

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

#### Rejected tags

**True Width Disclosed** — Rejected; excluded from scoring

Polarity: positive

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

Reason: The estimated true width of 0.88 m is stated for the intercept.

Evidence · table

> 0.88

Context: 1.75

**QA/QC Disclosed** — Rejected; excluded from scoring

Polarity: positive

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

Reason: The release details 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.

**Deleterious Elements Present** — Rejected; excluded from scoring

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.

Reason: The document mentions arsenopyrite-bearing veins in the context of mineralization, indicating the presence of arsenic.

Evidence · text

> Mineralization at Lapptjärn is associated with structurally controlled lodes of disseminated arsenopyrite or irregular, arsenopyrite-bearing, Quartz-Carbonate veins.

### LP-1

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-intercepts-gold-at-two-highly-prospective-targets-near-the-bj-xf6-rkdal--4b6456c5-3c32-4781-be2b-27d84ba1f349#fact-drill-facts-7)

Lapptjärn · gold

#### Identity

- Hole ID: LP-1
- Project: Lapptjärn
- Commodity: gold
- Region: sweden
- Reported Region: sweden
- Ticker: MND

#### Geometry

- Grade: 1.1
- Grade Unit: g/t
- Intercept: 0.9 m
- True Width: 0.78 m
- From: 83.45 m
- To: 84.35 m
- Hole Depth: 250.05 m
- Intercept Depth: 82.6 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: LP-1:83.45-84.35

#### Location

- Easting: 757994
- Northing: 7208500
- Elevation: 217 m
- Azimuth: 75 °
- Dip: -46 °
- 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

#### Review

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

#### Dates

- Event date: 2024-06-05T00:00:00.000Z

Reasoning: This is a narrow, low-grade intercept from a new exploration target, contributing to the overall understanding of the prospect but not highly material on its own.

- Positive factor: Intercept from a new exploration target \(Lapptjärn\).

- Positive factor: True width estimated.

- Negative factor: Low grade \(1.1 g/t Au is weak for gold\).

- Negative factor: Narrow intercept \(0.9 m\).

#### Tags used in scoring

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

#### Rejected tags

**True Width Disclosed** — Rejected; excluded from scoring

Polarity: positive

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

Reason: The estimated true width of 0.78 m is stated for the intercept.

Evidence · table

> 0.78

Context: 0.90

**QA/QC Disclosed** — Rejected; excluded from scoring

Polarity: positive

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

Reason: The release details 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.

**Deleterious Elements Present** — Rejected; excluded from scoring

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.

Reason: The document mentions arsenopyrite-bearing veins in the context of mineralization, indicating the presence of arsenic.

Evidence · text

> Mineralization at Lapptjärn is associated with structurally controlled lodes of disseminated arsenopyrite or irregular, arsenopyrite-bearing, Quartz-Carbonate veins.

### LP-11

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-intercepts-gold-at-two-highly-prospective-targets-near-the-bj-xf6-rkdal--4b6456c5-3c32-4781-be2b-27d84ba1f349#fact-drill-facts-8)

Lapptjärn · gold

#### Identity

- Hole ID: LP-11
- Project: Lapptjärn
- Commodity: gold
- Region: sweden
- Reported Region: sweden
- Ticker: MND

#### Geometry

- Grade: 4.5
- Grade Unit: g/t
- Intercept: 0.6 m
- True Width: 0.59 m
- From: 18.3 m
- To: 18.9 m
- Hole Depth: 201.5 m
- Intercept Depth: 18.3 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: LP-11:18.3-18.9

#### Location

- Easting: 758098
- Northing: 7208723
- Elevation: 217 m
- Azimuth: 235 °
- Dip: -46 °
- 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

#### Review

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

#### Dates

- Event date: 2024-06-05T00:00:00.000Z

Reasoning: This is a good grade intercept from a new exploration target, but its very narrow width limits overall materiality.

- Positive factor: Good grade gold intercept \(4.5 g/t Au\) from a new exploration target \(Lapptjärn\).

- Positive factor: True width estimated.

- Negative factor: Very narrow intercept \(0.6 m\).

#### Tags used in scoring

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

#### Rejected tags

**True Width Disclosed** — Rejected; excluded from scoring

Polarity: positive

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

Reason: The estimated true width of 0.59 m is stated for the intercept.

Evidence · table

> 0.59

Context: 0.60

**QA/QC Disclosed** — Rejected; excluded from scoring

Polarity: positive

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

Reason: The release details 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.

**Deleterious Elements Present** — Rejected; excluded from scoring

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.

Reason: The document mentions arsenopyrite-bearing veins in the context of mineralization, indicating the presence of arsenic.

Evidence · text

> Mineralization at Lapptjärn is associated with structurally controlled lodes of disseminated arsenopyrite or irregular, arsenopyrite-bearing, Quartz-Carbonate veins.

### LP-12

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-intercepts-gold-at-two-highly-prospective-targets-near-the-bj-xf6-rkdal--4b6456c5-3c32-4781-be2b-27d84ba1f349#fact-drill-facts-9)

Lapptjärn · gold

#### Identity

- Hole ID: LP-12
- Project: Lapptjärn
- Commodity: gold
- Region: sweden
- Reported Region: sweden
- Ticker: MND

#### Geometry

- Grade: 8.7
- Grade Unit: g/t
- Intercept: 0.7 m
- True Width: 0.66 m
- From: 180.9 m
- To: 181.6 m
- Hole Depth: 281.9 m
- Intercept Depth: 180.9 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: LP-12:180.9-181.6

#### Location

- Easting: 758179
- Northing: 7208765
- Elevation: 199 m
- Azimuth: 220 °
- 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

#### Review

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

#### Dates

- Event date: 2024-06-05T00:00:00.000Z

Reasoning: This is a high-grade intercept from a new exploration target, confirming down-dip continuity, but its very narrow width limits overall materiality.

- Positive factor: High-grade gold intercept \(8.7 g/t Au\) from a new exploration target \(Lapptjärn\).

- Positive factor: True width estimated.

- Positive factor: Confirms down-dip continuity of mineralization.

- Negative factor: Very narrow intercept \(0.7 m\).

#### Tags used in scoring

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

#### Rejected tags

**Bonanza Intercept** — Rejected; excluded from scoring

Polarity: positive

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

Reason: The grade of 8.7 g/t gold is exceptionally high, well above the typical threshold for gold deposits.

Evidence · table

> 8.7

Context: 0.70

**True Width Disclosed** — Rejected; excluded from scoring

Polarity: positive

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

Reason: The estimated true width of 0.66 m is stated for the intercept.

Evidence · table

> 0.66

Context: 0.70

**QA/QC Disclosed** — Rejected; excluded from scoring

Polarity: positive

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

Reason: The release details 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.

**Deleterious Elements Present** — Rejected; excluded from scoring

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.

Reason: The document mentions arsenopyrite-bearing veins in the context of mineralization, indicating the presence of arsenic.

Evidence · text

> Mineralization at Lapptjärn is associated with structurally controlled lodes of disseminated arsenopyrite or irregular, arsenopyrite-bearing, Quartz-Carbonate veins.

### LP-12

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-intercepts-gold-at-two-highly-prospective-targets-near-the-bj-xf6-rkdal--4b6456c5-3c32-4781-be2b-27d84ba1f349#fact-drill-facts-10)

Lapptjärn · gold

#### Identity

- Hole ID: LP-12
- Project: Lapptjärn
- Commodity: gold
- Region: sweden
- Reported Region: sweden
- Ticker: MND

#### Geometry

- Grade: 2.7
- Grade Unit: g/t
- Intercept: 0.6 m
- True Width: 0.3 m
- From: 201.9 m
- To: 202.5 m
- Hole Depth: 281.9 m
- Intercept Depth: 180.9 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: LP-12:201.9-202.5

#### Location

- Easting: 758179
- Northing: 7208765
- Elevation: 199 m
- Azimuth: 220 °
- 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

#### Review

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

#### Dates

- Event date: 2024-06-05T00:00:00.000Z

Reasoning: This is a narrow, low-grade intercept from a new exploration target, contributing to the overall understanding of the prospect but not highly material on its own.

- Positive factor: Intercept from a new exploration target \(Lapptjärn\).

- Positive factor: True width estimated.

- Negative factor: Low grade \(2.7 g/t Au is weak for gold\).

- Negative factor: Very narrow intercept \(0.6 m\).

#### Tags used in scoring

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

#### Rejected tags

**True Width Disclosed** — Rejected; excluded from scoring

Polarity: positive

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

Reason: The estimated true width of 0.30 m is stated for the intercept.

Evidence · table

> 0.30

Context: 0.60

**QA/QC Disclosed** — Rejected; excluded from scoring

Polarity: positive

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

Reason: The release details 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.

**Deleterious Elements Present** — Rejected; excluded from scoring

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.

Reason: The document mentions arsenopyrite-bearing veins in the context of mineralization, indicating the presence of arsenic.

Evidence · text

> Mineralization at Lapptjärn is associated with structurally controlled lodes of disseminated arsenopyrite or irregular, arsenopyrite-bearing, Quartz-Carbonate veins.

### LP-2

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-intercepts-gold-at-two-highly-prospective-targets-near-the-bj-xf6-rkdal--4b6456c5-3c32-4781-be2b-27d84ba1f349#fact-drill-facts-11)

Lapptjärn · gold

#### Identity

- Hole ID: LP-2
- Project: Lapptjärn
- Commodity: gold
- Region: sweden
- Reported Region: sweden
- Ticker: MND

#### Geometry

- Grade: 3.4
- Grade Unit: g/t
- Intercept: 0.65 m
- True Width: 0.61 m
- From: 118.45 m
- To: 119.1 m
- Hole Depth: 254.4 m
- Intercept Depth: 118.45 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: LP-2:118.45-119.1

#### Location

- Easting: 757909
- Northing: 7208511
- Elevation: 210 m
- Azimuth: 65 °
- Dip: -46 °
- 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

#### Review

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

#### Dates

- Event date: 2024-06-05T00:00:00.000Z

Reasoning: This is a good grade intercept from a new exploration target, but its very narrow width limits overall materiality.

- Positive factor: Good grade gold intercept \(3.4 g/t Au\) from a new exploration target \(Lapptjärn\).

- Positive factor: True width estimated.

- Negative factor: Very narrow intercept \(0.65 m\).

#### Tags used in scoring

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

#### Rejected tags

**True Width Disclosed** — Rejected; excluded from scoring

Polarity: positive

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

Reason: The estimated true width of 0.61 m is stated for the intercept.

Evidence · table

> 0.61

Context: 0.65

**QA/QC Disclosed** — Rejected; excluded from scoring

Polarity: positive

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

Reason: The release details 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.

**Deleterious Elements Present** — Rejected; excluded from scoring

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.

Reason: The document mentions arsenopyrite-bearing veins in the context of mineralization, indicating the presence of arsenic.

Evidence · text

> Mineralization at Lapptjärn is associated with structurally controlled lodes of disseminated arsenopyrite or irregular, arsenopyrite-bearing, Quartz-Carbonate veins.

### LP-3

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-intercepts-gold-at-two-highly-prospective-targets-near-the-bj-xf6-rkdal--4b6456c5-3c32-4781-be2b-27d84ba1f349#fact-drill-facts-12)

Lapptjärn · gold

#### Identity

- Hole ID: LP-3
- Project: Lapptjärn
- Commodity: gold
- Region: sweden
- Reported Region: sweden
- Ticker: MND

#### Geometry

- Grade: 4.5
- Grade Unit: g/t
- Intercept: 1.25 m
- True Width: 1.08 m
- From: 35.25 m
- To: 36.5 m
- Hole Depth: 250.35 m
- Intercept Depth: 35.25 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: LP-3:35.25-36.5

#### Location

- Easting: 758209
- Northing: 7208622
- Elevation: 216 m
- Azimuth: 230 °
- 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

#### Review

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

#### Dates

- Event date: 2024-06-05T00:00:00.000Z

Reasoning: This is a good grade intercept from a new exploration target, but its narrow width limits overall materiality.

- Positive factor: Good grade gold intercept \(4.5 g/t Au\) from a new exploration target \(Lapptjärn\).

- Positive factor: True width estimated.

- Negative factor: Narrow intercept \(1.25 m\).

#### Tags used in scoring

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

#### Rejected tags

**True Width Disclosed** — Rejected; excluded from scoring

Polarity: positive

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

Reason: The estimated true width of 1.08 m is stated for the intercept.

Evidence · table

> 1.08

Context: 1.25

**QA/QC Disclosed** — Rejected; excluded from scoring

Polarity: positive

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

Reason: The release details 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.

**Deleterious Elements Present** — Rejected; excluded from scoring

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.

Reason: The document mentions arsenopyrite-bearing veins in the context of mineralization, indicating the presence of arsenic.

Evidence · text

> Mineralization at Lapptjärn is associated with structurally controlled lodes of disseminated arsenopyrite or irregular, arsenopyrite-bearing, Quartz-Carbonate veins.

### LP-4

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-intercepts-gold-at-two-highly-prospective-targets-near-the-bj-xf6-rkdal--4b6456c5-3c32-4781-be2b-27d84ba1f349#fact-drill-facts-13)

Lapptjärn · gold

#### Identity

- Hole ID: LP-4
- Project: Lapptjärn
- Commodity: gold
- Region: sweden
- Reported Region: sweden
- Ticker: MND

#### Geometry

- Grade: 2.5
- Grade Unit: g/t
- Intercept: 0.5 m
- True Width: 0.32 m
- From: 13.9 m
- To: 14.4 m
- Hole Depth: 251 m
- Intercept Depth: 13.9 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: LP-4:13.9-14.4

#### Location

- Easting: 758267
- Northing: 7208619
- Elevation: 206 m
- Azimuth: 205 °
- 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

#### Review

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

#### Dates

- Event date: 2024-06-05T00:00:00.000Z

Reasoning: This is a narrow, low-grade intercept from a new exploration target, contributing to the overall understanding of the prospect but not highly material on its own.

- Positive factor: Intercept from a new exploration target \(Lapptjärn\).

- Positive factor: True width estimated.

- Negative factor: Low grade \(2.5 g/t Au is weak for gold\).

- Negative factor: Very narrow intercept \(0.5 m\).

#### Tags used in scoring

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

#### Rejected tags

**True Width Disclosed** — Rejected; excluded from scoring

Polarity: positive

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

Reason: The estimated true width of 0.32 m is stated for the intercept.

Evidence · table

> 0.32

Context: 0.50

**QA/QC Disclosed** — Rejected; excluded from scoring

Polarity: positive

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

Reason: The release details 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.

**Deleterious Elements Present** — Rejected; excluded from scoring

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.

Reason: The document mentions arsenopyrite-bearing veins in the context of mineralization, indicating the presence of arsenic.

Evidence · text

> Mineralization at Lapptjärn is associated with structurally controlled lodes of disseminated arsenopyrite or irregular, arsenopyrite-bearing, Quartz-Carbonate veins.

### LP-4

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-intercepts-gold-at-two-highly-prospective-targets-near-the-bj-xf6-rkdal--4b6456c5-3c32-4781-be2b-27d84ba1f349#fact-drill-facts-14)

Lapptjärn · gold

#### Identity

- Hole ID: LP-4
- Project: Lapptjärn
- Commodity: gold
- Region: sweden
- Reported Region: sweden
- Ticker: MND

#### Geometry

- Grade: 1.3
- Grade Unit: g/t
- Intercept: 0.5 m
- True Width: 0.38 m
- From: 98.3 m
- To: 98.8 m
- Hole Depth: 251 m
- Intercept Depth: 13.9 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: LP-4:98.3-98.8

#### Location

- Easting: 758267
- Northing: 7208619
- Elevation: 206 m
- Azimuth: 205 °
- 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

#### Review

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

#### Dates

- Event date: 2024-06-05T00:00:00.000Z

Reasoning: This is a narrow, low-grade intercept from a new exploration target, contributing to the overall understanding of the prospect but not highly material on its own.

- Positive factor: Intercept from a new exploration target \(Lapptjärn\).

- Positive factor: True width estimated.

- Negative factor: Low grade \(1.3 g/t Au is weak for gold\).

- Negative factor: Very narrow intercept \(0.5 m\).

#### Tags used in scoring

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

#### Rejected tags

**True Width Disclosed** — Rejected; excluded from scoring

Polarity: positive

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

Reason: The estimated true width of 0.38 m is stated for the intercept.

Evidence · table

> 0.38

Context: 0.50

**QA/QC Disclosed** — Rejected; excluded from scoring

Polarity: positive

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

Reason: The release details 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.

**Deleterious Elements Present** — Rejected; excluded from scoring

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.

Reason: The document mentions arsenopyrite-bearing veins in the context of mineralization, indicating the presence of arsenic.

Evidence · text

> Mineralization at Lapptjärn is associated with structurally controlled lodes of disseminated arsenopyrite or irregular, arsenopyrite-bearing, Quartz-Carbonate veins.

### LP-6

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-intercepts-gold-at-two-highly-prospective-targets-near-the-bj-xf6-rkdal--4b6456c5-3c32-4781-be2b-27d84ba1f349#fact-drill-facts-15)

Lapptjärn · gold

#### Identity

- Hole ID: LP-6
- Project: Lapptjärn
- Commodity: gold
- Region: sweden
- Reported Region: sweden
- Ticker: MND

#### Geometry

- Grade: 4.2
- Grade Unit: g/t
- Intercept: 0.65 m
- True Width: 0.61 m
- From: 27 m
- To: 27.65 m
- Hole Depth: 200.2 m
- Intercept Depth: 27 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: LP-6:27-27.65

#### Location

- Easting: 758140
- Northing: 7208670
- Elevation: 214 m
- Azimuth: 230 °
- 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

#### Review

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

#### Dates

- Event date: 2024-06-05T00:00:00.000Z

Reasoning: This is a good grade intercept from a new exploration target, but its very narrow width limits overall materiality.

- Positive factor: Good grade gold intercept \(4.2 g/t Au\) from a new exploration target \(Lapptjärn\).

- Positive factor: True width estimated.

- Negative factor: Very narrow intercept \(0.65 m\).

#### Tags used in scoring

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

#### Rejected tags

**True Width Disclosed** — Rejected; excluded from scoring

Polarity: positive

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

Reason: The estimated true width of 0.61 m is stated for the intercept.

Evidence · table

> 0.61

Context: 0.65

**QA/QC Disclosed** — Rejected; excluded from scoring

Polarity: positive

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

Reason: The release details 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.

**Deleterious Elements Present** — Rejected; excluded from scoring

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.

Reason: The document mentions arsenopyrite-bearing veins in the context of mineralization, indicating the presence of arsenic.

Evidence · text

> Mineralization at Lapptjärn is associated with structurally controlled lodes of disseminated arsenopyrite or irregular, arsenopyrite-bearing, Quartz-Carbonate veins.

### LP-6

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-intercepts-gold-at-two-highly-prospective-targets-near-the-bj-xf6-rkdal--4b6456c5-3c32-4781-be2b-27d84ba1f349#fact-drill-facts-16)

Lapptjärn · gold

#### Identity

- Hole ID: LP-6
- Project: Lapptjärn
- Commodity: gold
- Region: sweden
- Reported Region: sweden
- Ticker: MND

#### Geometry

- Grade: 3.7
- Grade Unit: g/t
- Intercept: 0.45 m
- True Width: 0.42 m
- From: 78.35 m
- To: 78.8 m
- Hole Depth: 200.2 m
- Intercept Depth: 27 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: LP-6:78.35-78.8

#### Location

- Easting: 758140
- Northing: 7208670
- Elevation: 214 m
- Azimuth: 230 °
- 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

#### Review

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

#### Dates

- Event date: 2024-06-05T00:00:00.000Z

Reasoning: This is a good grade intercept from a new exploration target, but its very narrow width limits overall materiality.

- Positive factor: Good grade gold intercept \(3.7 g/t Au\) from a new exploration target \(Lapptjärn\).

- Positive factor: True width estimated.

- Negative factor: Very narrow intercept \(0.45 m\).

#### Tags used in scoring

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

#### Rejected tags

**True Width Disclosed** — Rejected; excluded from scoring

Polarity: positive

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

Reason: The estimated true width of 0.42 m is stated for the intercept.

Evidence · table

> 0.42

Context: 0.45

**QA/QC Disclosed** — Rejected; excluded from scoring

Polarity: positive

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

Reason: The release details 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.

**Deleterious Elements Present** — Rejected; excluded from scoring

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.

Reason: The document mentions arsenopyrite-bearing veins in the context of mineralization, indicating the presence of arsenic.

Evidence · text

> Mineralization at Lapptjärn is associated with structurally controlled lodes of disseminated arsenopyrite or irregular, arsenopyrite-bearing, Quartz-Carbonate veins.

### LP-6

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-intercepts-gold-at-two-highly-prospective-targets-near-the-bj-xf6-rkdal--4b6456c5-3c32-4781-be2b-27d84ba1f349#fact-drill-facts-17)

Lapptjärn · gold

#### Identity

- Hole ID: LP-6
- Project: Lapptjärn
- Commodity: gold
- Region: sweden
- Reported Region: sweden
- Ticker: MND

#### Geometry

- Grade: 5.3
- Grade Unit: g/t
- Intercept: 7.05 m
- True Width: 5.4 m
- From: 79.8 m
- To: 86.85 m
- Hole Depth: 200.2 m
- Intercept Depth: 27 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: LP-6:79.8-86.85

#### Location

- Easting: 758140
- Northing: 7208670
- Elevation: 214 m
- Azimuth: 230 °
- 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

#### Review

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

#### Dates

- Event date: 2024-06-05T00:00:00.000Z

Reasoning: This is a highly material intercept with strong grade and significant true width from a new exploration target, representing a key success for the regional exploration program.

- Positive factor: Strong gold grade \(5.3 g/t Au\) over a significant intercept length \(7.05 m\) from a new exploration target \(Lapptjärn\).

- Positive factor: True width estimated at 5.4 m, indicating a substantial mineralized zone.

- Positive factor: This intercept is highlighted as a program highlight, indicating its importance to the company.

#### Tags used in scoring

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

#### Rejected tags

**Bonanza Intercept** — Rejected; excluded from scoring

Polarity: positive

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

Reason: The grade of 5.3 g/t gold is exceptionally high, well above the typical threshold for gold deposits, especially considering the significant width.

Evidence · table

> 5.3

Context: 7.05

**True Width Disclosed** — Rejected; excluded from scoring

Polarity: positive

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

Reason: The estimated true width of 5.40 m is stated for the intercept.

Evidence · table

> 5.40

Context: 7.05

**QA/QC Disclosed** — Rejected; excluded from scoring

Polarity: positive

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

Reason: The release details 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.

**Deleterious Elements Present** — Rejected; excluded from scoring

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.

Reason: The document mentions arsenopyrite-bearing veins in the context of mineralization, indicating the presence of arsenic.

Evidence · text

> Mineralization at Lapptjärn is associated with structurally controlled lodes of disseminated arsenopyrite or irregular, arsenopyrite-bearing, Quartz-Carbonate veins.

### LP-6

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-intercepts-gold-at-two-highly-prospective-targets-near-the-bj-xf6-rkdal--4b6456c5-3c32-4781-be2b-27d84ba1f349#fact-drill-facts-18)

Lapptjärn · gold

#### Identity

- Hole ID: LP-6
- Project: Lapptjärn
- Commodity: gold
- Region: sweden
- Reported Region: sweden
- Ticker: MND

#### Geometry

- Grade: 1.8
- Grade Unit: g/t
- Intercept: 0.8 m
- True Width: 0.51 m
- From: 128.55 m
- To: 129.35 m
- Hole Depth: 200.2 m
- Intercept Depth: 27 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: LP-6:128.55-129.35

#### Location

- Easting: 758140
- Northing: 7208670
- Elevation: 214 m
- Azimuth: 230 °
- 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

#### Review

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

#### Dates

- Event date: 2024-06-05T00:00:00.000Z

Reasoning: This is a narrow, low-grade intercept from a new exploration target, contributing to the overall understanding of the prospect but not highly material on its own.

- Positive factor: Intercept from a new exploration target \(Lapptjärn\).

- Positive factor: True width estimated.

- Negative factor: Low grade \(1.8 g/t Au is weak for gold\).

- Negative factor: Narrow intercept \(0.8 m\).

#### Tags used in scoring

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

#### Rejected tags

**True Width Disclosed** — Rejected; excluded from scoring

Polarity: positive

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

Reason: The estimated true width of 0.51 m is stated for the intercept.

Evidence · table

> 0.51

Context: 0.80

**QA/QC Disclosed** — Rejected; excluded from scoring

Polarity: positive

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

Reason: The release details 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.

**Deleterious Elements Present** — Rejected; excluded from scoring

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.

Reason: The document mentions arsenopyrite-bearing veins in the context of mineralization, indicating the presence of arsenic.

Evidence · text

> Mineralization at Lapptjärn is associated with structurally controlled lodes of disseminated arsenopyrite or irregular, arsenopyrite-bearing, Quartz-Carbonate veins.

### LP-9

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-intercepts-gold-at-two-highly-prospective-targets-near-the-bj-xf6-rkdal--4b6456c5-3c32-4781-be2b-27d84ba1f349#fact-drill-facts-19)

Lapptjärn · gold

#### Identity

- Hole ID: LP-9
- Project: Lapptjärn
- Commodity: gold
- Region: sweden
- Reported Region: sweden
- Ticker: MND

#### Geometry

- Grade: 1.4
- Grade Unit: g/t
- Intercept: 0.6 m
- True Width: 0.46 m
- From: 26 m
- To: 26.6 m
- Hole Depth: 233.4 m
- Intercept Depth: 26 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: LP-9:26-26.6

#### Location

- Easting: 758289
- Northing: 7209201
- Elevation: 197 m
- Azimuth: 215 °
- 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

#### Review

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

#### Dates

- Event date: 2024-06-05T00:00:00.000Z

Reasoning: This is a narrow, low-grade intercept from a new exploration target, contributing to the overall understanding of the prospect but not highly material on its own.

- Positive factor: Intercept from a new exploration target \(Lapptjärn\).

- Positive factor: True width estimated.

- Negative factor: Low grade \(1.4 g/t Au is weak for gold\).

- Negative factor: Very narrow intercept \(0.6 m\).

#### Tags used in scoring

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

#### Rejected tags

**True Width Disclosed** — Rejected; excluded from scoring

Polarity: positive

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

Reason: The estimated true width of 0.46 m is stated for the intercept.

Evidence · table

> 0.46

Context: 0.60

**QA/QC Disclosed** — Rejected; excluded from scoring

Polarity: positive

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

Reason: The release details 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.

**Deleterious Elements Present** — Rejected; excluded from scoring

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.

Reason: The document mentions arsenopyrite-bearing veins in the context of mineralization, indicating the presence of arsenic.

Evidence · text

> Mineralization at Lapptjärn is associated with structurally controlled lodes of disseminated arsenopyrite or irregular, arsenopyrite-bearing, Quartz-Carbonate veins.

### TN-2

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-intercepts-gold-at-two-highly-prospective-targets-near-the-bj-xf6-rkdal--4b6456c5-3c32-4781-be2b-27d84ba1f349#fact-drill-facts-20)

Tarsnäs · gold

#### Identity

- Hole ID: TN-2
- Project: Tarsnäs
- Commodity: gold
- Region: sweden
- Reported Region: sweden
- Ticker: MND

#### Geometry

- Grade: 1.4
- Grade Unit: g/t
- Intercept: 0.4 m
- True Width: 0.35 m
- From: 44.8 m
- To: 45.2 m
- Hole Depth: 250.65 m
- Intercept Depth: 44.8 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: TN-2:44.8-45.2

#### Location

- Easting: 760659
- Northing: 7205902
- Elevation: 194 m
- Azimuth: 305 °
- 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

#### Review

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

#### Dates

- Event date: 2024-06-05T00:00:00.000Z

Reasoning: This is a narrow, low-grade intercept from a new exploration target, explicitly stated as not significant by the company, which limits its materiality.

- Positive factor: Intercept from a new exploration target \(Tarsnäs\).

- Positive factor: True width estimated.

- Negative factor: Low grade \(1.4 g/t Au is weak for gold\).

- Negative factor: Very narrow intercept \(0.4 m\).

- Negative factor: The document explicitly states that drilling at Tarsnäs did not return any significant mineralized intercepts.

#### Tags used in scoring

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

#### Rejected tags

**True Width Disclosed** — Rejected; excluded from scoring

Polarity: positive

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

Reason: The estimated true width of 0.35 m is stated for the intercept.

Evidence · table

> 0.35

Context: 0.40

**QA/QC Disclosed** — Rejected; excluded from scoring

Polarity: positive

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

Reason: The release details 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.

**Deleterious Elements Present** — Rejected; excluded from scoring

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.

Reason: The document mentions arsenopyrite-bearing veins in the context of mineralization, indicating the presence of arsenic.

Evidence · text

> Mineralization at Lapptjärn is associated with structurally controlled lodes of disseminated arsenopyrite or irregular, arsenopyrite-bearing, Quartz-Carbonate veins.

### TN-2

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-intercepts-gold-at-two-highly-prospective-targets-near-the-bj-xf6-rkdal--4b6456c5-3c32-4781-be2b-27d84ba1f349#fact-drill-facts-21)

Tarsnäs · gold

#### Identity

- Hole ID: TN-2
- Project: Tarsnäs
- Commodity: gold
- Region: sweden
- Reported Region: sweden
- Ticker: MND

#### Geometry

- Grade: 1.7
- Grade Unit: g/t
- Intercept: 0.55 m
- True Width: 0.48 m
- From: 48.5 m
- To: 49.05 m
- Hole Depth: 250.65 m
- Intercept Depth: 44.8 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: TN-2:48.5-49.05

#### Location

- Easting: 760659
- Northing: 7205902
- Elevation: 194 m
- Azimuth: 305 °
- 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

#### Review

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

#### Dates

- Event date: 2024-06-05T00:00:00.000Z

Reasoning: This is a narrow, low-grade intercept from a new exploration target, explicitly stated as not significant by the company, which limits its materiality.

- Positive factor: Intercept from a new exploration target \(Tarsnäs\).

- Positive factor: True width estimated.

- Negative factor: Low grade \(1.7 g/t Au is weak for gold\).

- Negative factor: Very narrow intercept \(0.55 m\).

- Negative factor: The document explicitly states that drilling at Tarsnäs did not return any significant mineralized intercepts.

#### Tags used in scoring

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

#### Rejected tags

**True Width Disclosed** — Rejected; excluded from scoring

Polarity: positive

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

Reason: The estimated true width of 0.48 m is stated for the intercept.

Evidence · table

> 0.48

Context: 0.55

**QA/QC Disclosed** — Rejected; excluded from scoring

Polarity: positive

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

Reason: The release details 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.

**Deleterious Elements Present** — Rejected; excluded from scoring

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.

Reason: The document mentions arsenopyrite-bearing veins in the context of mineralization, indicating the presence of arsenic.

Evidence · text

> Mineralization at Lapptjärn is associated with structurally controlled lodes of disseminated arsenopyrite or irregular, arsenopyrite-bearing, Quartz-Carbonate veins.

## 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.
