# Mandalay Resources Reports High-Grade Antimony and Gold Intercepts, Advancing Costerfield Resource Expansion

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/mandalay-resources-reports-high-grade-antimony-and-gold-intercepts-advancing-cos--91d7ac55-64f8-4552-a0ad-a725298cb1d8

Original source: https://money.tmx.com/en/quote/MND/news/7635100335801047/mandalay-resources-reports-high-grade-antimony-and-gold-intercepts-advancing-cos

Publisher: tmx

Original announcement: 2024-09-10T21:00:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Mandalay Resources Corporation

- Ticker: MND

- Exchange: TSX

- Region: Victoria, Australia

- Primary commodity: Gold

- Secondary commodities: Antimony

- Document categories: Drill results

- Extracted: 2026-09-16 11:13:18 UTC

Narrative sentiment: 0.80 · Bullish

## Minestarters Atlas summary

Mandalay Resources announced high-grade gold and antimony drill results from its Costerfield operation in Victoria, Australia. The drilling focused on extending and infilling the Shepherd, Kendall, and Cuffley vein systems, yielding several bonanza-grade intercepts for both gold and antimony. These results are expected to advance resource expansion and extend the mine life at Costerfield.

Reasoning: Mandalay Resources reports numerous high-grade gold and antimony intercepts from its Costerfield operation, with several bonanza-grade results. The drilling successfully extended known veins and identified new high-grade zones, particularly in the Cuffley Deeps, Shepherd, and Kendall areas, which is highly positive for resource expansion and mine life extension. The disclosure of true widths and robust QA/QC procedures adds confidence to the results.

- Positive factor: High-grade gold intercepts, some exceeding 500 g/t, indicating bonanza grades for underground mining.

- Positive factor: Significant high-grade antimony intercepts, with several exceeding 10%, adding substantial value.

- Positive factor: True width disclosed for all intercepts, providing clarity on mineralization geometry.

- Positive factor: Drilling successfully extended known mineralization and identified new high-grade zones in Cuffley Deeps, Shepherd, and Kendall areas.

- Positive factor: QA/QC procedures are disclosed, including certified lab and QP sign-off, enhancing data credibility.

- Positive factor: Drilling is focused on near-mine targets to extend mine life and leverage existing infrastructure, indicating potential for near-term resource conversion.

- Negative factor: Many intercepts are narrow, some below 0.5m, which can be challenging for mining selectivity.

- Negative factor: Some antimony grades are below detection limit \(LLD\), indicating variability in mineralization.

Facts used in scoring: 89

## Classification and evidence

No classification tags are available.

## Extracted facts

Stored fact records: 89. Some facts used in scoring do not have a stored record.

## Drill Results (89)

### AD203

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-resources-reports-high-grade-antimony-and-gold-intercepts-advancing-cos--91d7ac55-64f8-4552-a0ad-a725298cb1d8#fact-drill-facts-0)

Cuffley Deeps South · gold

#### Identity

- Hole ID: AD203
- Project: Cuffley Deeps South
- Commodity: gold
- Region: australia\_vic
- Reported Region: australia\_vic
- Ticker: MND

#### Geometry

- Grade: 9.9
- Grade Unit: g/t
- Intercept: 0.52 m
- True Width: 0.43 m
- From: 404.05 m
- To: 404.57 m
- Hole Depth: 500.4 m
- Intercept Depth: 404.05 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: AD203:404.05-404.57
- Mining Method: underground

#### Location

- Location: Cuffley Deeps Adj.
- Easting: 15260
- Northing: 4601
- Elevation: 992 m
- Azimuth: 270.5 °
- Dip: -59.3 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: On Site Laboratory Services \(OSLS\)
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2024-09-10T00:00:00.000Z

Reasoning: A high-grade gold intercept with disclosed true width, contributing positively to resource understanding despite its narrowness.

- Positive factor: High gold grade \(9.9 g/t\) for underground mining.

- Positive factor: True width disclosed \(0.43 m\) provides clarity on geometry.

- Negative factor: Narrow intercept length \(0.52 m\) and true width \(0.43 m\) may pose mining challenges.

Evidence · table

> 9.9

Context: 0.52

#### 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

**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

**Infill Drilling**

Polarity: neutral

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

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

### AD203

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-resources-reports-high-grade-antimony-and-gold-intercepts-advancing-cos--91d7ac55-64f8-4552-a0ad-a725298cb1d8#fact-drill-facts-1)

Cuffley Deeps South · antimony

#### Identity

- Hole ID: AD203
- Project: Cuffley Deeps South
- Commodity: antimony
- Region: australia\_vic
- Reported Region: australia\_vic
- Ticker: MND

#### Geometry

- Grade: 4.9
- Grade Unit: %
- Intercept: 0.52 m
- True Width: 0.43 m
- From: 404.05 m
- To: 404.57 m
- Hole Depth: 500.4 m
- Intercept Depth: 404.05 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: AD203:404.05-404.57
- Mining Method: underground

#### Location

- Location: Cuffley Deeps Adj.
- Easting: 15260
- Northing: 4601
- Elevation: 992 m
- Azimuth: 270.5 °
- Dip: -59.3 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: On Site Laboratory Services \(OSLS\)
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2024-09-10T00:00:00.000Z

Reasoning: A strong antimony intercept with disclosed true width, contributing positively to resource understanding despite its narrowness.

- Positive factor: Strong antimony grade \(4.9%\) for underground mining.

- Positive factor: True width disclosed \(0.43 m\) provides clarity on geometry.

- Negative factor: Narrow intercept length \(0.52 m\) and true width \(0.43 m\) may pose mining challenges.

Evidence · table

> 4.9

Context: 0.52

#### 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

**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

**Infill Drilling**

Polarity: neutral

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

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

### AD206

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-resources-reports-high-grade-antimony-and-gold-intercepts-advancing-cos--91d7ac55-64f8-4552-a0ad-a725298cb1d8#fact-drill-facts-2)

Cuffley Deeps South · gold

#### Identity

- Hole ID: AD206
- Project: Cuffley Deeps South
- Commodity: gold
- Region: australia\_vic
- Reported Region: australia\_vic
- Ticker: MND

#### Geometry

- Grade: 2.88
- Grade Unit: g/t
- Intercept: 0.99 m
- True Width: 0.81 m
- From: 373.89 m
- To: 374.27 m
- Hole Depth: 500.4 m
- Intercept Depth: 373.89 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: AD206:373.89-374.27
- Mining Method: underground

#### Location

- Location: Cuffley Deeps Adj.
- Easting: 15259
- Northing: 4601
- Elevation: 992 m
- Azimuth: 289.6 °
- Dip: -56.9 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: On Site Laboratory Services \(OSLS\)
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2024-09-10T00:00:00.000Z

Reasoning: A moderate gold intercept with disclosed true width, contributing to resource understanding.

- Positive factor: Moderate gold grade \(2.88 g/t\) for underground mining.

- Positive factor: True width disclosed \(0.81 m\) provides clarity on geometry.

Evidence · table

> 2.88

Context: 0.99

#### 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 0.81

**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

**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

**Infill Drilling**

Polarity: neutral

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

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

### AD206

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-resources-reports-high-grade-antimony-and-gold-intercepts-advancing-cos--91d7ac55-64f8-4552-a0ad-a725298cb1d8#fact-drill-facts-3)

Cuffley Deeps South · antimony

#### Identity

- Hole ID: AD206
- Project: Cuffley Deeps South
- Commodity: antimony
- Region: australia\_vic
- Reported Region: australia\_vic
- Ticker: MND

#### Geometry

- Grade: 0.16
- Grade Unit: %
- Intercept: 0.99 m
- True Width: 0.81 m
- From: 373.89 m
- To: 374.27 m
- Hole Depth: 500.4 m
- Intercept Depth: 373.89 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: AD206:373.89-374.27
- Mining Method: underground

#### Location

- Location: Cuffley Deeps Adj.
- Easting: 15259
- Northing: 4601
- Elevation: 992 m
- Azimuth: 289.6 °
- Dip: -56.9 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: On Site Laboratory Services \(OSLS\)
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2024-09-10T00:00:00.000Z

Reasoning: A weak antimony intercept with disclosed true width, contributing to resource understanding.

- Positive factor: Weak antimony grade \(0.16%\) for underground mining.

- Positive factor: True width disclosed \(0.81 m\) provides clarity on geometry.

Evidence · table

> 0.16

Context: 0.99

#### 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 0.81

**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

**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

**Infill Drilling**

Polarity: neutral

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

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

### AD211

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-resources-reports-high-grade-antimony-and-gold-intercepts-advancing-cos--91d7ac55-64f8-4552-a0ad-a725298cb1d8#fact-drill-facts-4)

Cuffley Deeps South · gold

#### Identity

- Hole ID: AD211
- Project: Cuffley Deeps South
- Commodity: gold
- Region: australia\_vic
- Reported Region: australia\_vic
- Ticker: MND

#### Geometry

- Grade: 8.76
- Grade Unit: g/t
- Intercept: 0.11 m
- True Width: 0.08 m
- From: 514.77 m
- To: 514.88 m
- Hole Depth: 615 m
- Intercept Depth: 514.77 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: AD211:514.77-514.88
- Mining Method: underground

#### Location

- Location: Cuffley Deeps Adj.
- Easting: 15260
- Northing: 4600
- Elevation: 992 m
- Azimuth: 255.8 °
- Dip: -72.2 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: On Site Laboratory Services \(OSLS\)
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2024-09-10T00:00:00.000Z

Reasoning: A strong gold intercept, but its very narrow width limits its overall materiality.

- Positive factor: Strong gold grade \(8.76 g/t\) for underground mining.

- Positive factor: True width disclosed \(0.08 m\) provides clarity on geometry.

- Negative factor: Very narrow intercept length \(0.11 m\) and true width \(0.08 m\) may pose mining challenges.

Evidence · table

> 8.76

Context: 0.11

#### 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 0.08

**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

**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

**Infill Drilling**

Polarity: neutral

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

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

### AD211

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-resources-reports-high-grade-antimony-and-gold-intercepts-advancing-cos--91d7ac55-64f8-4552-a0ad-a725298cb1d8#fact-drill-facts-5)

Cuffley Deeps South · antimony

#### Identity

- Hole ID: AD211
- Project: Cuffley Deeps South
- Commodity: antimony
- Region: australia\_vic
- Reported Region: australia\_vic
- Ticker: MND

#### Geometry

- Grade: 2.62
- Grade Unit: %
- Intercept: 0.11 m
- True Width: 0.08 m
- From: 514.77 m
- To: 514.88 m
- Hole Depth: 615 m
- Intercept Depth: 514.77 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: AD211:514.77-514.88
- Mining Method: underground

#### Location

- Location: Cuffley Deeps Adj.
- Easting: 15260
- Northing: 4600
- Elevation: 992 m
- Azimuth: 255.8 °
- Dip: -72.2 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: On Site Laboratory Services \(OSLS\)
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2024-09-10T00:00:00.000Z

Reasoning: A strong antimony intercept, but its very narrow width limits its overall materiality.

- Positive factor: Strong antimony grade \(2.62%\) for underground mining.

- Positive factor: True width disclosed \(0.08 m\) provides clarity on geometry.

- Negative factor: Very narrow intercept length \(0.11 m\) and true width \(0.08 m\) may pose mining challenges.

Evidence · table

> 2.62

Context: 0.11

#### 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 0.08

**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

**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

**Infill Drilling**

Polarity: neutral

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

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

### AD211

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-resources-reports-high-grade-antimony-and-gold-intercepts-advancing-cos--91d7ac55-64f8-4552-a0ad-a725298cb1d8#fact-drill-facts-6)

Cuffley Deeps South · gold

#### Identity

- Hole ID: AD211
- Project: Cuffley Deeps South
- Commodity: gold
- Region: australia\_vic
- Reported Region: australia\_vic
- Ticker: MND

#### Geometry

- Grade: 3.09
- Grade Unit: g/t
- Intercept: 1.12 m
- True Width: 1.05 m
- From: 578.32 m
- To: 579.44 m
- Hole Depth: 615 m
- Intercept Depth: 578.32 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: AD211:578.32-579.44
- Mining Method: underground

#### Location

- Location: Cuffley Deeps Adj.
- Easting: 15260
- Northing: 4600
- Elevation: 992 m
- Azimuth: 255.8 °
- Dip: -72.2 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: On Site Laboratory Services \(OSLS\)
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2024-09-10T00:00:00.000Z

Reasoning: A moderate gold intercept with disclosed true width, contributing to resource understanding.

- Positive factor: Moderate gold grade \(3.09 g/t\) for underground mining.

- Positive factor: True width disclosed \(1.05 m\) provides clarity on geometry.

Evidence · table

> 3.09

Context: 1.12

#### 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 1.05

**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

**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

**Infill Drilling**

Polarity: neutral

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

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

### AD211

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-resources-reports-high-grade-antimony-and-gold-intercepts-advancing-cos--91d7ac55-64f8-4552-a0ad-a725298cb1d8#fact-drill-facts-7)

Cuffley Deeps South · antimony

#### Identity

- Hole ID: AD211
- Project: Cuffley Deeps South
- Commodity: antimony
- Region: australia\_vic
- Reported Region: australia\_vic
- Ticker: MND

#### Geometry

- Intercept: 1.12 m
- True Width: 1.05 m
- From: 578.32 m
- To: 579.44 m
- Hole Depth: 615 m
- Intercept Depth: 578.32 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: AD211:578.32-579.44
- Mining Method: underground

#### Location

- Location: Cuffley Deeps Adj.
- Easting: 15260
- Northing: 4600
- Elevation: 992 m
- Azimuth: 255.8 °
- Dip: -72.2 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: On Site Laboratory Services \(OSLS\)
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2024-09-10T00:00:00.000Z

Reasoning: An intercept with no detectable antimony, but with disclosed true width.

- Positive factor: True width disclosed \(1.05 m\) provides clarity on geometry.

- Negative factor: Antimony grade is below detection limit \(LLD\).

Evidence · table

> LLD

Context: 1.12

#### 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 1.05

**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

**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

**Infill Drilling**

Polarity: neutral

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

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

### CW002

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-resources-reports-high-grade-antimony-and-gold-intercepts-advancing-cos--91d7ac55-64f8-4552-a0ad-a725298cb1d8#fact-drill-facts-8)

Cuffley West · gold

#### Identity

- Hole ID: CW002
- Project: Cuffley West
- Commodity: gold
- Region: australia\_vic
- Reported Region: australia\_vic
- Ticker: MND

#### Geometry

- Grade: 1.35
- Grade Unit: g/t
- Intercept: 1.56 m
- True Width: 1 m
- From: 233.24 m
- To: 234.8 m
- Hole Depth: 400 m
- Intercept Depth: 233.24 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: CW002:233.24-234.8
- Mining Method: underground

#### Location

- Location: Cuffley Deeps Adj.
- Easting: 15251
- Northing: 4944
- Elevation: 944 m
- Azimuth: 233.4 °
- Dip: -50.4 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: On Site Laboratory Services \(OSLS\)
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2024-09-10T00:00:00.000Z

Reasoning: A weak gold intercept with disclosed true width, contributing to resource understanding.

- Positive factor: Weak gold grade \(1.35 g/t\) for underground mining.

- Positive factor: True width disclosed \(1.0 m\) provides clarity on geometry.

Evidence · table

> 1.35

Context: 1.56

#### 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

**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

**Infill Drilling**

Polarity: neutral

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

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

### CW002

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-resources-reports-high-grade-antimony-and-gold-intercepts-advancing-cos--91d7ac55-64f8-4552-a0ad-a725298cb1d8#fact-drill-facts-9)

Cuffley West · antimony

#### Identity

- Hole ID: CW002
- Project: Cuffley West
- Commodity: antimony
- Region: australia\_vic
- Reported Region: australia\_vic
- Ticker: MND

#### Geometry

- Grade: 2.75
- Grade Unit: %
- Intercept: 1.56 m
- True Width: 1 m
- From: 233.24 m
- To: 234.8 m
- Hole Depth: 400 m
- Intercept Depth: 233.24 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: CW002:233.24-234.8
- Mining Method: underground

#### Location

- Location: Cuffley Deeps Adj.
- Easting: 15251
- Northing: 4944
- Elevation: 944 m
- Azimuth: 233.4 °
- Dip: -50.4 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: On Site Laboratory Services \(OSLS\)
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2024-09-10T00:00:00.000Z

Reasoning: A strong antimony intercept with disclosed true width, contributing positively to resource understanding.

- Positive factor: Strong antimony grade \(2.75%\) for underground mining.

- Positive factor: True width disclosed \(1.0 m\) provides clarity on geometry.

Evidence · table

> 2.75

Context: 1.56

#### 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

**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

**Infill Drilling**

Polarity: neutral

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

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

### AD200

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-resources-reports-high-grade-antimony-and-gold-intercepts-advancing-cos--91d7ac55-64f8-4552-a0ad-a725298cb1d8#fact-drill-facts-10)

Cuffley Deeps South · gold

#### Identity

- Hole ID: AD200
- Project: Cuffley Deeps South
- Commodity: gold
- Region: australia\_vic
- Reported Region: australia\_vic
- Ticker: MND

#### Geometry

- Grade: 3.69
- Grade Unit: g/t
- Intercept: 2.98 m
- True Width: 1.44 m
- From: 489.7 m
- To: 492.79 m
- Hole Depth: 719.7 m
- Intercept Depth: 489.7 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: AD200:489.7-492.79
- Mining Method: underground

#### Location

- Location: Cuffley Deeps South
- Easting: 15271
- Northing: 4548
- Elevation: 1000 m
- Azimuth: 276.2 °
- Dip: -62.7 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: On Site Laboratory Services \(OSLS\)
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2024-09-10T00:00:00.000Z

Reasoning: A moderate gold intercept with good width and disclosed true width, contributing positively to resource understanding.

- Positive factor: Moderate gold grade \(3.69 g/t\) for underground mining.

- Positive factor: True width disclosed \(1.44 m\) provides clarity on geometry.

Evidence · table

> 3.69

Context: 2.98

#### 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 1.44

**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

**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

**Infill Drilling**

Polarity: neutral

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

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

### AD200

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-resources-reports-high-grade-antimony-and-gold-intercepts-advancing-cos--91d7ac55-64f8-4552-a0ad-a725298cb1d8#fact-drill-facts-11)

Cuffley Deeps South · antimony

#### Identity

- Hole ID: AD200
- Project: Cuffley Deeps South
- Commodity: antimony
- Region: australia\_vic
- Reported Region: australia\_vic
- Ticker: MND

#### Geometry

- Intercept: 2.98 m
- True Width: 1.44 m
- From: 489.7 m
- To: 492.79 m
- Hole Depth: 719.7 m
- Intercept Depth: 489.7 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: AD200:489.7-492.79
- Mining Method: underground

#### Location

- Location: Cuffley Deeps South
- Easting: 15271
- Northing: 4548
- Elevation: 1000 m
- Azimuth: 276.2 °
- Dip: -62.7 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: On Site Laboratory Services \(OSLS\)
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2024-09-10T00:00:00.000Z

Reasoning: An intercept with no detectable antimony, but with disclosed true width.

- Positive factor: True width disclosed \(1.44 m\) provides clarity on geometry.

- Negative factor: Antimony grade is below detection limit \(LLD\).

Evidence · table

> LLD

Context: 2.98

#### 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 1.44

**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

**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

**Infill Drilling**

Polarity: neutral

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

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

### AD200W1

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-resources-reports-high-grade-antimony-and-gold-intercepts-advancing-cos--91d7ac55-64f8-4552-a0ad-a725298cb1d8#fact-drill-facts-12)

Cuffley Deeps South · gold

#### Identity

- Hole ID: AD200W1
- Project: Cuffley Deeps South
- Commodity: gold
- Region: australia\_vic
- Reported Region: australia\_vic
- Ticker: MND

#### Geometry

- Grade: 7.55
- Grade Unit: g/t
- Intercept: 3.03 m
- True Width: 2.42 m
- From: 486.31 m
- To: 489.64 m
- Hole Depth: 497.4 m
- Intercept Depth: 486.31 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: AD200W1:486.31-489.64
- Mining Method: underground

#### Location

- Location: Cuffley Deeps South
- Easting: 15271
- Northing: 4548
- Elevation: 1000 m
- Azimuth: 276.2 °
- Dip: -62.7 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: On Site Laboratory Services \(OSLS\)
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2024-09-10T00:00:00.000Z

Reasoning: A strong gold intercept with good width and disclosed true width, indicating significant mineralization.

- Positive factor: Strong gold grade \(7.55 g/t\) for underground mining.

- Positive factor: Good intercept length \(3.03 m\) and true width \(2.42 m\).

- Positive factor: True width disclosed provides clarity on geometry.

Evidence · table

> 7.55

Context: 3.03

#### 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 2.42

**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

**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

**Infill Drilling**

Polarity: neutral

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

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

### AD200W1

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-resources-reports-high-grade-antimony-and-gold-intercepts-advancing-cos--91d7ac55-64f8-4552-a0ad-a725298cb1d8#fact-drill-facts-13)

Cuffley Deeps South · antimony

#### Identity

- Hole ID: AD200W1
- Project: Cuffley Deeps South
- Commodity: antimony
- Region: australia\_vic
- Reported Region: australia\_vic
- Ticker: MND

#### Geometry

- Intercept: 3.03 m
- True Width: 2.42 m
- From: 486.31 m
- To: 489.64 m
- Hole Depth: 497.4 m
- Intercept Depth: 486.31 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: AD200W1:486.31-489.64
- Mining Method: underground

#### Location

- Location: Cuffley Deeps South
- Easting: 15271
- Northing: 4548
- Elevation: 1000 m
- Azimuth: 276.2 °
- Dip: -62.7 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: On Site Laboratory Services \(OSLS\)
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2024-09-10T00:00:00.000Z

Reasoning: An intercept with no detectable antimony, but with disclosed true width.

- Positive factor: True width disclosed \(2.42 m\) provides clarity on geometry.

- Negative factor: Antimony grade is below detection limit \(LLD\).

Evidence · table

> LLD

Context: 3.03

#### 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 2.42

**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

**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

**Infill Drilling**

Polarity: neutral

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

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

### AD202

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-resources-reports-high-grade-antimony-and-gold-intercepts-advancing-cos--91d7ac55-64f8-4552-a0ad-a725298cb1d8#fact-drill-facts-14)

Cuffley Deeps South · gold

#### Identity

- Hole ID: AD202
- Project: Cuffley Deeps South
- Commodity: gold
- Region: australia\_vic
- Reported Region: australia\_vic
- Ticker: MND

#### Geometry

- Grade: 14.7
- Grade Unit: g/t
- Intercept: 0.05 m
- True Width: 0.04 m
- From: 543.3 m
- To: 543.35 m
- Hole Depth: 712.7 m
- Intercept Depth: 543.3 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: AD202:543.3-543.35
- Mining Method: underground

#### Location

- Location: Cuffley Deeps South
- Easting: 15260
- Northing: 4599
- Elevation: 992 m
- Azimuth: 232.9 °
- Dip: -48.4 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: On Site Laboratory Services \(OSLS\)
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2024-09-10T00:00:00.000Z

Reasoning: A very high-grade gold intercept, but its extremely narrow width significantly reduces its practical materiality.

- Positive factor: Strong gold grade \(14.7 g/t\) approaching exceptional for underground mining.

- Positive factor: True width disclosed \(0.04 m\) provides clarity on geometry.

- Negative factor: Extremely narrow intercept length \(0.05 m\) and true width \(0.04 m\) limit practical mining.

Evidence · table

> 14.7

Context: 0.05

#### 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 0.04

**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

**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

**Infill Drilling**

Polarity: neutral

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

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

### AD202

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-resources-reports-high-grade-antimony-and-gold-intercepts-advancing-cos--91d7ac55-64f8-4552-a0ad-a725298cb1d8#fact-drill-facts-15)

Cuffley Deeps South · antimony

#### Identity

- Hole ID: AD202
- Project: Cuffley Deeps South
- Commodity: antimony
- Region: australia\_vic
- Reported Region: australia\_vic
- Ticker: MND

#### Geometry

- Grade: 0.4
- Grade Unit: %
- Intercept: 0.05 m
- True Width: 0.04 m
- From: 543.3 m
- To: 543.35 m
- Hole Depth: 712.7 m
- Intercept Depth: 543.3 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: AD202:543.3-543.35
- Mining Method: underground

#### Location

- Location: Cuffley Deeps South
- Easting: 15260
- Northing: 4599
- Elevation: 992 m
- Azimuth: 232.9 °
- Dip: -48.4 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: On Site Laboratory Services \(OSLS\)
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2024-09-10T00:00:00.000Z

Reasoning: A weak antimony intercept, but its extremely narrow width significantly reduces its practical materiality.

- Positive factor: Weak antimony grade \(0.4%\) for underground mining.

- Positive factor: True width disclosed \(0.04 m\) provides clarity on geometry.

- Negative factor: Extremely narrow intercept length \(0.05 m\) and true width \(0.04 m\) limit practical mining.

Evidence · table

> 0.4

Context: 0.05

#### 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 0.04

**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

**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

**Infill Drilling**

Polarity: neutral

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

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

### AD203

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-resources-reports-high-grade-antimony-and-gold-intercepts-advancing-cos--91d7ac55-64f8-4552-a0ad-a725298cb1d8#fact-drill-facts-16)

Cuffley Deeps South · gold

#### Identity

- Hole ID: AD203
- Project: Cuffley Deeps South
- Commodity: gold
- Region: australia\_vic
- Reported Region: australia\_vic
- Ticker: MND

#### Geometry

- Grade: 58.44
- Grade Unit: g/t
- Intercept: 0.77 m
- True Width: 0.55 m
- From: 431.52 m
- To: 432.29 m
- Hole Depth: 500.4 m
- Intercept Depth: 431.52 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: AD203:431.52-432.29
- Mining Method: underground

#### Location

- Location: Cuffley Deeps South
- Easting: 15260
- Northing: 4601
- Elevation: 992 m
- Azimuth: 270.5 °
- Dip: -59.3 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: On Site Laboratory Services \(OSLS\)
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2024-09-10T00:00:00.000Z

Reasoning: An exceptional gold intercept with high grade and disclosed true width, indicating significant mineralization.

- Positive factor: Exceptional gold grade \(58.44 g/t\) for underground mining, indicating bonanza mineralization.

- Positive factor: True width disclosed \(0.55 m\) provides clarity on geometry.

Evidence · table

> 58.44

Context: 0.77

#### 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 0.55

**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

**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

**Infill Drilling**

Polarity: neutral

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

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

### AD203

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-resources-reports-high-grade-antimony-and-gold-intercepts-advancing-cos--91d7ac55-64f8-4552-a0ad-a725298cb1d8#fact-drill-facts-17)

Cuffley Deeps South · antimony

#### Identity

- Hole ID: AD203
- Project: Cuffley Deeps South
- Commodity: antimony
- Region: australia\_vic
- Reported Region: australia\_vic
- Ticker: MND

#### Geometry

- Grade: 17.59
- Grade Unit: %
- Intercept: 0.77 m
- True Width: 0.55 m
- From: 431.52 m
- To: 432.29 m
- Hole Depth: 500.4 m
- Intercept Depth: 431.52 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: AD203:431.52-432.29
- Mining Method: underground

#### Location

- Location: Cuffley Deeps South
- Easting: 15260
- Northing: 4601
- Elevation: 992 m
- Azimuth: 270.5 °
- Dip: -59.3 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: On Site Laboratory Services \(OSLS\)
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2024-09-10T00:00:00.000Z

Reasoning: An exceptional antimony intercept with high grade and disclosed true width, indicating significant mineralization.

- Positive factor: Exceptional antimony grade \(17.59%\) for underground mining.

- Positive factor: True width disclosed \(0.55 m\) provides clarity on geometry.

Evidence · table

> 17.59

Context: 0.77

#### 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 0.55

**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

**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

**Infill Drilling**

Polarity: neutral

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

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

### AD204

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-resources-reports-high-grade-antimony-and-gold-intercepts-advancing-cos--91d7ac55-64f8-4552-a0ad-a725298cb1d8#fact-drill-facts-18)

Cuffley Deeps South · gold

#### Identity

- Hole ID: AD204
- Project: Cuffley Deeps South
- Commodity: gold
- Region: australia\_vic
- Reported Region: australia\_vic
- Ticker: MND

#### Geometry

- Grade: 0.57
- Grade Unit: g/t
- Intercept: 0.46 m
- True Width: 0.42 m
- From: 528.86 m
- To: 529.32 m
- Hole Depth: 551.4 m
- Intercept Depth: 528.86 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: AD204:528.86-529.32
- Mining Method: underground

#### Location

- Location: Cuffley Deeps South
- Easting: 15259
- Northing: 4600
- Elevation: 992 m
- Azimuth: 249.4 °
- Dip: -55.2 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: On Site Laboratory Services \(OSLS\)
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2024-09-10T00:00:00.000Z

Reasoning: A low-grade gold intercept with disclosed true width, indicating minor mineralization.

- Positive factor: True width disclosed \(0.42 m\) provides clarity on geometry.

- Negative factor: Low gold grade \(0.57 g/t\) for underground mining.

Evidence · table

> 0.57

Context: 0.46

#### 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 0.42

**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

**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

**Infill Drilling**

Polarity: neutral

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

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

### AD204

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-resources-reports-high-grade-antimony-and-gold-intercepts-advancing-cos--91d7ac55-64f8-4552-a0ad-a725298cb1d8#fact-drill-facts-19)

Cuffley Deeps South · antimony

#### Identity

- Hole ID: AD204
- Project: Cuffley Deeps South
- Commodity: antimony
- Region: australia\_vic
- Reported Region: australia\_vic
- Ticker: MND

#### Geometry

- Intercept: 0.46 m
- True Width: 0.42 m
- From: 528.86 m
- To: 529.32 m
- Hole Depth: 551.4 m
- Intercept Depth: 528.86 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: AD204:528.86-529.32
- Mining Method: underground

#### Location

- Location: Cuffley Deeps South
- Easting: 15259
- Northing: 4600
- Elevation: 992 m
- Azimuth: 249.4 °
- Dip: -55.2 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: On Site Laboratory Services \(OSLS\)
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2024-09-10T00:00:00.000Z

Reasoning: An intercept with no detectable antimony, but with disclosed true width.

- Positive factor: True width disclosed \(0.42 m\) provides clarity on geometry.

- Negative factor: Antimony grade is below detection limit \(LLD\).

Evidence · table

> LLD

Context: 0.46

#### 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 0.42

**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

**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

**Infill Drilling**

Polarity: neutral

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

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

### AD205

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-resources-reports-high-grade-antimony-and-gold-intercepts-advancing-cos--91d7ac55-64f8-4552-a0ad-a725298cb1d8#fact-drill-facts-20)

Cuffley Deeps South · gold

#### Identity

- Hole ID: AD205
- Project: Cuffley Deeps South
- Commodity: gold
- Region: australia\_vic
- Reported Region: australia\_vic
- Ticker: MND

#### Geometry

- Grade: 1.82
- Grade Unit: g/t
- Intercept: 0.49 m
- True Width: 0.31 m
- From: 524.88 m
- To: 525.12 m
- Hole Depth: 785 m
- Intercept Depth: 524.88 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: AD205:524.88-525.12
- Mining Method: underground

#### Location

- Location: Cuffley Deeps South
- Easting: 15259
- Northing: 4601
- Elevation: 992 m
- Azimuth: 273.9 °
- Dip: -65.2 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: On Site Laboratory Services \(OSLS\)
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2024-09-10T00:00:00.000Z

Reasoning: A low-grade gold intercept with disclosed true width, indicating minor mineralization.

- Positive factor: True width disclosed \(0.31 m\) provides clarity on geometry.

- Negative factor: Low gold grade \(1.82 g/t\) for underground mining.

Evidence · table

> 1.82

Context: 0.49

#### 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

**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

**Infill Drilling**

Polarity: neutral

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

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

### AD205

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-resources-reports-high-grade-antimony-and-gold-intercepts-advancing-cos--91d7ac55-64f8-4552-a0ad-a725298cb1d8#fact-drill-facts-21)

Cuffley Deeps South · antimony

#### Identity

- Hole ID: AD205
- Project: Cuffley Deeps South
- Commodity: antimony
- Region: australia\_vic
- Reported Region: australia\_vic
- Ticker: MND

#### Geometry

- Intercept: 0.49 m
- True Width: 0.31 m
- From: 524.88 m
- To: 525.12 m
- Hole Depth: 785 m
- Intercept Depth: 524.88 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: AD205:524.88-525.12
- Mining Method: underground

#### Location

- Location: Cuffley Deeps South
- Easting: 15259
- Northing: 4601
- Elevation: 992 m
- Azimuth: 273.9 °
- Dip: -65.2 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: On Site Laboratory Services \(OSLS\)
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2024-09-10T00:00:00.000Z

Reasoning: An intercept with no detectable antimony, but with disclosed true width.

- Positive factor: True width disclosed \(0.31 m\) provides clarity on geometry.

- Negative factor: Antimony grade is below detection limit \(LLD\).

Evidence · table

> LLD

Context: 0.49

#### 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

**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

**Infill Drilling**

Polarity: neutral

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

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

### AD206

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-resources-reports-high-grade-antimony-and-gold-intercepts-advancing-cos--91d7ac55-64f8-4552-a0ad-a725298cb1d8#fact-drill-facts-22)

Cuffley Deeps South · gold

#### Identity

- Hole ID: AD206
- Project: Cuffley Deeps South
- Commodity: gold
- Region: australia\_vic
- Reported Region: australia\_vic
- Ticker: MND

#### Geometry

- Grade: 0.44
- Grade Unit: g/t
- Intercept: 1.3 m
- True Width: 1.05 m
- From: 400.49 m
- To: 401.79 m
- Hole Depth: 500.4 m
- Intercept Depth: 400.49 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: AD206:400.49-401.79
- Mining Method: underground

#### Location

- Location: Cuffley Deeps South
- Easting: 15259
- Northing: 4601
- Elevation: 992 m
- Azimuth: 289.6 °
- Dip: -56.9 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: On Site Laboratory Services \(OSLS\)
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2024-09-10T00:00:00.000Z

Reasoning: A low-grade gold intercept with disclosed true width, indicating minor mineralization.

- Positive factor: True width disclosed \(1.05 m\) provides clarity on geometry.

- Negative factor: Low gold grade \(0.44 g/t\) for underground mining.

Evidence · table

> 0.44

Context: 1.3

#### 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 1.05

**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

**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

**Infill Drilling**

Polarity: neutral

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

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

### AD206

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-resources-reports-high-grade-antimony-and-gold-intercepts-advancing-cos--91d7ac55-64f8-4552-a0ad-a725298cb1d8#fact-drill-facts-23)

Cuffley Deeps South · antimony

#### Identity

- Hole ID: AD206
- Project: Cuffley Deeps South
- Commodity: antimony
- Region: australia\_vic
- Reported Region: australia\_vic
- Ticker: MND

#### Geometry

- Intercept: 1.3 m
- True Width: 1.05 m
- From: 400.49 m
- To: 401.79 m
- Hole Depth: 500.4 m
- Intercept Depth: 400.49 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: AD206:400.49-401.79
- Mining Method: underground

#### Location

- Location: Cuffley Deeps South
- Easting: 15259
- Northing: 4601
- Elevation: 992 m
- Azimuth: 289.6 °
- Dip: -56.9 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: On Site Laboratory Services \(OSLS\)
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2024-09-10T00:00:00.000Z

Reasoning: An intercept with no detectable antimony, but with disclosed true width.

- Positive factor: True width disclosed \(1.05 m\) provides clarity on geometry.

- Negative factor: Antimony grade is below detection limit \(LLD\).

Evidence · table

> LLD

Context: 1.3

#### 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 1.05

**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

**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

**Infill Drilling**

Polarity: neutral

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

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

### AD207

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-resources-reports-high-grade-antimony-and-gold-intercepts-advancing-cos--91d7ac55-64f8-4552-a0ad-a725298cb1d8#fact-drill-facts-24)

Cuffley Deeps South · gold

#### Identity

- Hole ID: AD207
- Project: Cuffley Deeps South
- Commodity: gold
- Region: australia\_vic
- Reported Region: australia\_vic
- Ticker: MND

#### Geometry

- Grade: 0.42
- Grade Unit: g/t
- Intercept: 0.29 m
- True Width: 0.23 m
- From: 354 m
- To: 354.4 m
- Hole Depth: 410.3 m
- Intercept Depth: 354 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: AD207:354-354.4
- Mining Method: underground

#### Location

- Location: Cuffley Deeps South
- Easting: 15259
- Northing: 4600
- Elevation: 992 m
- Azimuth: 263.1 °
- Dip: -54.4 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: On Site Laboratory Services \(OSLS\)
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2024-09-10T00:00:00.000Z

Reasoning: A low-grade gold intercept with disclosed true width, indicating minor mineralization.

- Positive factor: True width disclosed \(0.23 m\) provides clarity on geometry.

- Negative factor: Low gold grade \(0.42 g/t\) for underground mining.

- Negative factor: Narrow intercept length \(0.29 m\) and true width \(0.23 m\).

Evidence · table

> 0.42

Context: 0.29

#### 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 0.23

**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

**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

**Infill Drilling**

Polarity: neutral

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

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

### AD207

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-resources-reports-high-grade-antimony-and-gold-intercepts-advancing-cos--91d7ac55-64f8-4552-a0ad-a725298cb1d8#fact-drill-facts-25)

Cuffley Deeps South · antimony

#### Identity

- Hole ID: AD207
- Project: Cuffley Deeps South
- Commodity: antimony
- Region: australia\_vic
- Reported Region: australia\_vic
- Ticker: MND

#### Geometry

- Grade: 0.01
- Grade Unit: %
- Intercept: 0.29 m
- True Width: 0.23 m
- From: 354 m
- To: 354.4 m
- Hole Depth: 410.3 m
- Intercept Depth: 354 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: AD207:354-354.4
- Mining Method: underground

#### Location

- Location: Cuffley Deeps South
- Easting: 15259
- Northing: 4600
- Elevation: 992 m
- Azimuth: 263.1 °
- Dip: -54.4 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: On Site Laboratory Services \(OSLS\)
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2024-09-10T00:00:00.000Z

Reasoning: A very low-grade antimony intercept with disclosed true width, indicating minor mineralization.

- Positive factor: True width disclosed \(0.23 m\) provides clarity on geometry.

- Negative factor: Very low antimony grade \(0.01%\) for underground mining.

- Negative factor: Narrow intercept length \(0.29 m\) and true width \(0.23 m\).

Evidence · table

> 0.01

Context: 0.29

#### 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 0.23

**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

**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

**Infill Drilling**

Polarity: neutral

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

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

### AD208

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-resources-reports-high-grade-antimony-and-gold-intercepts-advancing-cos--91d7ac55-64f8-4552-a0ad-a725298cb1d8#fact-drill-facts-26)

Cuffley Deeps South · gold

#### Identity

- Hole ID: AD208
- Project: Cuffley Deeps South
- Commodity: gold
- Region: australia\_vic
- Reported Region: australia\_vic
- Ticker: MND

#### Geometry

- Grade: 0.68
- Grade Unit: g/t
- Intercept: 0.19 m
- True Width: 0.16 m
- From: 516.82 m
- To: 517.01 m
- Hole Depth: 682 m
- Intercept Depth: 516.82 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: AD208:516.82-517.01
- Mining Method: underground

#### Location

- Location: Cuffley Deeps South
- Easting: 15260
- Northing: 4599
- Elevation: 992 m
- Azimuth: 244.6 °
- Dip: -60.1 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: On Site Laboratory Services \(OSLS\)
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2024-09-10T00:00:00.000Z

Reasoning: A low-grade gold intercept with disclosed true width, indicating minor mineralization.

- Positive factor: True width disclosed \(0.16 m\) provides clarity on geometry.

- Negative factor: Low gold grade \(0.68 g/t\) for underground mining.

- Negative factor: Narrow intercept length \(0.19 m\) and true width \(0.16 m\).

Evidence · table

> 0.68

Context: 0.19

#### 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 0.16

**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

**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

**Infill Drilling**

Polarity: neutral

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

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

### AD208

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-resources-reports-high-grade-antimony-and-gold-intercepts-advancing-cos--91d7ac55-64f8-4552-a0ad-a725298cb1d8#fact-drill-facts-27)

Cuffley Deeps South · antimony

#### Identity

- Hole ID: AD208
- Project: Cuffley Deeps South
- Commodity: antimony
- Region: australia\_vic
- Reported Region: australia\_vic
- Ticker: MND

#### Geometry

- Intercept: 0.19 m
- True Width: 0.16 m
- From: 516.82 m
- To: 517.01 m
- Hole Depth: 682 m
- Intercept Depth: 516.82 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: AD208:516.82-517.01
- Mining Method: underground

#### Location

- Location: Cuffley Deeps South
- Easting: 15260
- Northing: 4599
- Elevation: 992 m
- Azimuth: 244.6 °
- Dip: -60.1 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: On Site Laboratory Services \(OSLS\)
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2024-09-10T00:00:00.000Z

Reasoning: An intercept with no detectable antimony, but with disclosed true width.

- Positive factor: True width disclosed \(0.16 m\) provides clarity on geometry.

- Negative factor: Antimony grade is below detection limit \(LLD\).

Evidence · table

> LLD

Context: 0.19

#### 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 0.16

**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

**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

**Infill Drilling**

Polarity: neutral

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

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

### AD209A

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-resources-reports-high-grade-antimony-and-gold-intercepts-advancing-cos--91d7ac55-64f8-4552-a0ad-a725298cb1d8#fact-drill-facts-28)

Cuffley Deeps South · gold

#### Identity

- Hole ID: AD209A
- Project: Cuffley Deeps South
- Commodity: gold
- Region: australia\_vic
- Reported Region: australia\_vic
- Ticker: MND

#### Geometry

- Grade: 0.29
- Grade Unit: g/t
- Intercept: 0.36 m
- True Width: 0.29 m
- From: 611.6 m
- To: 611.96 m
- Hole Depth: 746 m
- Intercept Depth: 611.6 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: AD209A:611.6-611.96
- Mining Method: underground

#### Location

- Location: Cuffley Deeps South
- Easting: 15260
- Northing: 4600
- Elevation: 992 m
- Azimuth: 231.1 °
- Dip: -62.7 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: On Site Laboratory Services \(OSLS\)
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2024-09-10T00:00:00.000Z

Reasoning: A low-grade gold intercept with disclosed true width, indicating minor mineralization.

- Positive factor: True width disclosed \(0.29 m\) provides clarity on geometry.

- Negative factor: Low gold grade \(0.29 g/t\) for underground mining.

- Negative factor: Narrow intercept length \(0.36 m\) and true width \(0.29 m\).

Evidence · table

> 0.29

Context: 0.36

#### 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

**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

**Infill Drilling**

Polarity: neutral

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

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

### AD209A

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-resources-reports-high-grade-antimony-and-gold-intercepts-advancing-cos--91d7ac55-64f8-4552-a0ad-a725298cb1d8#fact-drill-facts-29)

Cuffley Deeps South · antimony

#### Identity

- Hole ID: AD209A
- Project: Cuffley Deeps South
- Commodity: antimony
- Region: australia\_vic
- Reported Region: australia\_vic
- Ticker: MND

#### Geometry

- Grade: 0.01
- Grade Unit: %
- Intercept: 0.36 m
- True Width: 0.29 m
- From: 611.6 m
- To: 611.96 m
- Hole Depth: 746 m
- Intercept Depth: 611.6 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: AD209A:611.6-611.96
- Mining Method: underground

#### Location

- Location: Cuffley Deeps South
- Easting: 15260
- Northing: 4600
- Elevation: 992 m
- Azimuth: 231.1 °
- Dip: -62.7 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: On Site Laboratory Services \(OSLS\)
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2024-09-10T00:00:00.000Z

Reasoning: A very low-grade antimony intercept with disclosed true width, indicating minor mineralization.

- Positive factor: True width disclosed \(0.29 m\) provides clarity on geometry.

- Negative factor: Very low antimony grade \(0.01%\) for underground mining.

- Negative factor: Narrow intercept length \(0.36 m\) and true width \(0.29 m\).

Evidence · table

> 0.01

Context: 0.36

#### 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

**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

**Infill Drilling**

Polarity: neutral

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

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

### AD210

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-resources-reports-high-grade-antimony-and-gold-intercepts-advancing-cos--91d7ac55-64f8-4552-a0ad-a725298cb1d8#fact-drill-facts-30)

Cuffley Deeps South · gold

#### Identity

- Hole ID: AD210
- Project: Cuffley Deeps South
- Commodity: gold
- Region: australia\_vic
- Reported Region: australia\_vic
- Ticker: MND

#### Geometry

- Grade: 0.44
- Grade Unit: g/t
- Intercept: 0.43 m
- True Width: 0.2 m
- From: 466.37 m
- To: 466.8 m
- Hole Depth: 515.7 m
- Intercept Depth: 466.37 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: AD210:466.37-466.8
- Mining Method: underground

#### Location

- Location: Cuffley Deeps South
- Easting: 15260
- Northing: 4601
- Elevation: 992 m
- Azimuth: 278.7 °
- Dip: -65.6 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: On Site Laboratory Services \(OSLS\)
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2024-09-10T00:00:00.000Z

Reasoning: A low-grade gold intercept with disclosed true width, indicating minor mineralization.

- Positive factor: True width disclosed \(0.2 m\) provides clarity on geometry.

- Negative factor: Low gold grade \(0.44 g/t\) for underground mining.

- Negative factor: Narrow intercept length \(0.43 m\) and true width \(0.2 m\).

Evidence · table

> 0.44

Context: 0.43

#### 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

**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

**Infill Drilling**

Polarity: neutral

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

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

### AD210

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-resources-reports-high-grade-antimony-and-gold-intercepts-advancing-cos--91d7ac55-64f8-4552-a0ad-a725298cb1d8#fact-drill-facts-31)

Cuffley Deeps South · antimony

#### Identity

- Hole ID: AD210
- Project: Cuffley Deeps South
- Commodity: antimony
- Region: australia\_vic
- Reported Region: australia\_vic
- Ticker: MND

#### Geometry

- Intercept: 0.43 m
- True Width: 0.2 m
- From: 466.37 m
- To: 466.8 m
- Hole Depth: 515.7 m
- Intercept Depth: 466.37 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: AD210:466.37-466.8
- Mining Method: underground

#### Location

- Location: Cuffley Deeps South
- Easting: 15260
- Northing: 4601
- Elevation: 992 m
- Azimuth: 278.7 °
- Dip: -65.6 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: On Site Laboratory Services \(OSLS\)
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2024-09-10T00:00:00.000Z

Reasoning: An intercept with no detectable antimony, but with disclosed true width.

- Positive factor: True width disclosed \(0.2 m\) provides clarity on geometry.

- Negative factor: Antimony grade is below detection limit \(LLD\).

Evidence · table

> LLD

Context: 0.43

#### 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

**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

**Infill Drilling**

Polarity: neutral

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

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

### AD211

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-resources-reports-high-grade-antimony-and-gold-intercepts-advancing-cos--91d7ac55-64f8-4552-a0ad-a725298cb1d8#fact-drill-facts-32)

Cuffley Deeps South · gold

#### Identity

- Hole ID: AD211
- Project: Cuffley Deeps South
- Commodity: gold
- Region: australia\_vic
- Reported Region: australia\_vic
- Ticker: MND

#### Geometry

- Grade: 1.07
- Grade Unit: g/t
- Intercept: 2.92 m
- True Width: 2.39 m
- From: 531.2 m
- To: 534.12 m
- Hole Depth: 615 m
- Intercept Depth: 531.2 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: AD211:531.2-534.12
- Mining Method: underground

#### Location

- Location: Cuffley Deeps South
- Easting: 15260
- Northing: 4600
- Elevation: 992 m
- Azimuth: 255.8 °
- Dip: -72.2 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: On Site Laboratory Services \(OSLS\)
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2024-09-10T00:00:00.000Z

Reasoning: A weak gold intercept with good width and disclosed true width, contributing to resource understanding.

- Positive factor: Weak gold grade \(1.07 g/t\) for underground mining.

- Positive factor: Good intercept length \(2.92 m\) and true width \(2.39 m\).

- Positive factor: True width disclosed provides clarity on geometry.

Evidence · table

> 1.07

Context: 2.92

#### 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 2.39

**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

**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

**Infill Drilling**

Polarity: neutral

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

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

### AD211

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-resources-reports-high-grade-antimony-and-gold-intercepts-advancing-cos--91d7ac55-64f8-4552-a0ad-a725298cb1d8#fact-drill-facts-33)

Cuffley Deeps South · antimony

#### Identity

- Hole ID: AD211
- Project: Cuffley Deeps South
- Commodity: antimony
- Region: australia\_vic
- Reported Region: australia\_vic
- Ticker: MND

#### Geometry

- Grade: 0.06
- Grade Unit: %
- Intercept: 2.92 m
- True Width: 2.39 m
- From: 531.2 m
- To: 534.12 m
- Hole Depth: 615 m
- Intercept Depth: 531.2 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: AD211:531.2-534.12
- Mining Method: underground

#### Location

- Location: Cuffley Deeps South
- Easting: 15260
- Northing: 4600
- Elevation: 992 m
- Azimuth: 255.8 °
- Dip: -72.2 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: On Site Laboratory Services \(OSLS\)
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2024-09-10T00:00:00.000Z

Reasoning: A weak antimony intercept with good width and disclosed true width, contributing to resource understanding.

- Positive factor: Weak antimony grade \(0.06%\) for underground mining.

- Positive factor: Good intercept length \(2.92 m\) and true width \(2.39 m\).

- Positive factor: True width disclosed provides clarity on geometry.

Evidence · table

> 0.06

Context: 2.92

#### 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 2.39

**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

**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

**Infill Drilling**

Polarity: neutral

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

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

### AD212

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-resources-reports-high-grade-antimony-and-gold-intercepts-advancing-cos--91d7ac55-64f8-4552-a0ad-a725298cb1d8#fact-drill-facts-34)

Cuffley Deeps South · gold

#### Identity

- Hole ID: AD212
- Project: Cuffley Deeps South
- Commodity: gold
- Region: australia\_vic
- Reported Region: australia\_vic
- Ticker: MND

#### Geometry

- Intercept: 0.94 m
- True Width: 0.72 m
- From: 466.37 m
- To: 467.31 m
- Hole Depth: 500 m
- Intercept Depth: 466.37 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: AD212:466.37-467.31
- Mining Method: underground

#### Location

- Location: Cuffley Deeps South
- Easting: 15260
- Northing: 4599
- Elevation: 992 m
- Azimuth: 241.9 °
- Dip: -51.5 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: On Site Laboratory Services \(OSLS\)
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2024-09-10T00:00:00.000Z

Reasoning: An intercept with no detectable gold, but with disclosed true width.

- Positive factor: True width disclosed \(0.72 m\) provides clarity on geometry.

- Negative factor: Gold grade is below detection limit \(LLD\).

Evidence · table

> LLD

Context: 0.94

#### 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 0.72

**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

**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

**Infill Drilling**

Polarity: neutral

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

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

### AD212

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-resources-reports-high-grade-antimony-and-gold-intercepts-advancing-cos--91d7ac55-64f8-4552-a0ad-a725298cb1d8#fact-drill-facts-35)

Cuffley Deeps South · antimony

#### Identity

- Hole ID: AD212
- Project: Cuffley Deeps South
- Commodity: antimony
- Region: australia\_vic
- Reported Region: australia\_vic
- Ticker: MND

#### Geometry

- Intercept: 0.94 m
- True Width: 0.72 m
- From: 466.37 m
- To: 467.31 m
- Hole Depth: 500 m
- Intercept Depth: 466.37 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: AD212:466.37-467.31
- Mining Method: underground

#### Location

- Location: Cuffley Deeps South
- Easting: 15260
- Northing: 4599
- Elevation: 992 m
- Azimuth: 241.9 °
- Dip: -51.5 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: On Site Laboratory Services \(OSLS\)
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2024-09-10T00:00:00.000Z

Reasoning: An intercept with no detectable antimony, but with disclosed true width.

- Positive factor: True width disclosed \(0.72 m\) provides clarity on geometry.

- Negative factor: Antimony grade is below detection limit \(LLD\).

Evidence · table

> LLD

Context: 0.94

#### 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 0.72

**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

**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

**Infill Drilling**

Polarity: neutral

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

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

### AD213

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-resources-reports-high-grade-antimony-and-gold-intercepts-advancing-cos--91d7ac55-64f8-4552-a0ad-a725298cb1d8#fact-drill-facts-36)

Cuffley Deeps South · gold

#### Identity

- Hole ID: AD213
- Project: Cuffley Deeps South
- Commodity: gold
- Region: australia\_vic
- Reported Region: australia\_vic
- Ticker: MND

#### Geometry

- Grade: 550
- Grade Unit: g/t
- Intercept: 0.15 m
- True Width: 0.12 m
- From: 325.09 m
- To: 325.24 m
- Hole Depth: 435 m
- Intercept Depth: 325.09 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: AD213:325.09-325.24
- Mining Method: underground

#### Location

- Location: Cuffley Deeps South VG Vein
- Easting: 15261
- Northing: 4601
- Elevation: 992 m
- Azimuth: 267.1 °
- Dip: -57.8 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: On Site Laboratory Services \(OSLS\)
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2024-09-10T00:00:00.000Z

Reasoning: An exceptional bonanza-grade gold intercept, but its very narrow width limits its overall practical materiality.

- Positive factor: Exceptional gold grade \(550.0 g/t\) indicating bonanza mineralization.

- Positive factor: True width disclosed \(0.12 m\) provides clarity on geometry.

- Negative factor: Very narrow intercept length \(0.15 m\) and true width \(0.12 m\) limit practical mining.

Evidence · table

> 550

Context: 0.15

#### 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 0.12

**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

**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

**Infill Drilling**

Polarity: neutral

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

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

### AD213

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-resources-reports-high-grade-antimony-and-gold-intercepts-advancing-cos--91d7ac55-64f8-4552-a0ad-a725298cb1d8#fact-drill-facts-37)

Cuffley Deeps South · antimony

#### Identity

- Hole ID: AD213
- Project: Cuffley Deeps South
- Commodity: antimony
- Region: australia\_vic
- Reported Region: australia\_vic
- Ticker: MND

#### Geometry

- Grade: 0.12
- Grade Unit: %
- Intercept: 0.15 m
- True Width: 0.12 m
- From: 325.09 m
- To: 325.24 m
- Hole Depth: 435 m
- Intercept Depth: 325.09 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: AD213:325.09-325.24
- Mining Method: underground

#### Location

- Location: Cuffley Deeps South VG Vein
- Easting: 15261
- Northing: 4601
- Elevation: 992 m
- Azimuth: 267.1 °
- Dip: -57.8 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: On Site Laboratory Services \(OSLS\)
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2024-09-10T00:00:00.000Z

Reasoning: A moderate antimony intercept, but its very narrow width limits its overall practical materiality.

- Positive factor: Moderate antimony grade \(0.12%\) for underground mining.

- Positive factor: True width disclosed \(0.12 m\) provides clarity on geometry.

- Negative factor: Very narrow intercept length \(0.15 m\) and true width \(0.12 m\) limit practical mining.

Evidence · table

> 0.12

Context: 0.15

#### 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 0.12

**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

**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

**Infill Drilling**

Polarity: neutral

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

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

### AD213W1

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-resources-reports-high-grade-antimony-and-gold-intercepts-advancing-cos--91d7ac55-64f8-4552-a0ad-a725298cb1d8#fact-drill-facts-38)

Cuffley Deeps South · gold

#### Identity

- Hole ID: AD213W1
- Project: Cuffley Deeps South
- Commodity: gold
- Region: australia\_vic
- Reported Region: australia\_vic
- Ticker: MND

#### Geometry

- Grade: 23.9
- Grade Unit: g/t
- Intercept: 0.16 m
- True Width: 0.11 m
- From: 325.17 m
- To: 325.33 m
- Hole Depth: 329.2 m
- Intercept Depth: 325.17 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: AD213W1:325.17-325.33
- Mining Method: underground

#### Location

- Location: Cuffley Deeps South VG Vein
- Easting: 15100
- Northing: 4599
- Elevation: 745 m
- Azimuth: 267.1 °
- Dip: -57.8 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: On Site Laboratory Services \(OSLS\)
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2024-09-10T00:00:00.000Z

Reasoning: An exceptional gold intercept, but its very narrow width limits its overall practical materiality.

- Positive factor: Exceptional gold grade \(23.9 g/t\) for underground mining.

- Positive factor: True width disclosed \(0.11 m\) provides clarity on geometry.

- Negative factor: Very narrow intercept length \(0.16 m\) and true width \(0.11 m\) limit practical mining.

Evidence · table

> 23.9

Context: 0.16

#### 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 0.11

**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

**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

**Infill Drilling**

Polarity: neutral

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

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

### AD213W1

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-resources-reports-high-grade-antimony-and-gold-intercepts-advancing-cos--91d7ac55-64f8-4552-a0ad-a725298cb1d8#fact-drill-facts-39)

Cuffley Deeps South · antimony

#### Identity

- Hole ID: AD213W1
- Project: Cuffley Deeps South
- Commodity: antimony
- Region: australia\_vic
- Reported Region: australia\_vic
- Ticker: MND

#### Geometry

- Grade: 0.01
- Grade Unit: %
- Intercept: 0.16 m
- True Width: 0.11 m
- From: 325.17 m
- To: 325.33 m
- Hole Depth: 329.2 m
- Intercept Depth: 325.17 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: AD213W1:325.17-325.33
- Mining Method: underground

#### Location

- Location: Cuffley Deeps South VG Vein
- Easting: 15100
- Northing: 4599
- Elevation: 745 m
- Azimuth: 267.1 °
- Dip: -57.8 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: On Site Laboratory Services \(OSLS\)
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2024-09-10T00:00:00.000Z

Reasoning: A very low-grade antimony intercept, but its very narrow width limits its overall practical materiality.

- Positive factor: True width disclosed \(0.11 m\) provides clarity on geometry.

- Negative factor: Very low antimony grade \(0.01%\) for underground mining.

- Negative factor: Very narrow intercept length \(0.16 m\) and true width \(0.11 m\).

Evidence · table

> 0.01

Context: 0.16

#### 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 0.11

**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

**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

**Infill Drilling**

Polarity: neutral

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

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

### CB001

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-resources-reports-high-grade-antimony-and-gold-intercepts-advancing-cos--91d7ac55-64f8-4552-a0ad-a725298cb1d8#fact-drill-facts-40)

Cuffley North · gold

#### Identity

- Hole ID: CB001
- Project: Cuffley North
- Commodity: gold
- Region: australia\_vic
- Reported Region: australia\_vic
- Ticker: MND

#### Geometry

- Grade: 17.15
- Grade Unit: g/t
- Intercept: 1.2 m
- True Width: 1.12 m
- From: 605.68 m
- To: 606.88 m
- Hole Depth: 985.9 m
- Intercept Depth: 605.68 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: CB001:605.68-606.88
- Mining Method: underground

#### Location

- Location: Cuffley Main
- Easting: 15779
- Northing: 5364
- Elevation: 1183 m
- Azimuth: 275 °
- Dip: -30.5 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: On Site Laboratory Services \(OSLS\)
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2024-09-10T00:00:00.000Z

Reasoning: An exceptional gold intercept with good width and disclosed true width, indicating significant mineralization.

- Positive factor: Exceptional gold grade \(17.15 g/t\) for underground mining.

- Positive factor: Good intercept length \(1.2 m\) and true width \(1.12 m\).

- Positive factor: True width disclosed provides clarity on geometry.

Evidence · table

> 17.15

Context: 1.2

#### 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 1.12

**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

**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

**Infill Drilling**

Polarity: neutral

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

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

### CB001

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-resources-reports-high-grade-antimony-and-gold-intercepts-advancing-cos--91d7ac55-64f8-4552-a0ad-a725298cb1d8#fact-drill-facts-41)

Cuffley North · antimony

#### Identity

- Hole ID: CB001
- Project: Cuffley North
- Commodity: antimony
- Region: australia\_vic
- Reported Region: australia\_vic
- Ticker: MND

#### Geometry

- Grade: 0.33
- Grade Unit: %
- Intercept: 1.2 m
- True Width: 1.12 m
- From: 605.68 m
- To: 606.88 m
- Hole Depth: 985.9 m
- Intercept Depth: 605.68 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: CB001:605.68-606.88
- Mining Method: underground

#### Location

- Location: Cuffley Main
- Easting: 15779
- Northing: 5364
- Elevation: 1183 m
- Azimuth: 275 °
- Dip: -30.5 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: On Site Laboratory Services \(OSLS\)
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2024-09-10T00:00:00.000Z

Reasoning: A weak antimony intercept with good width and disclosed true width, contributing to resource understanding.

- Positive factor: Weak antimony grade \(0.33%\) for underground mining.

- Positive factor: Good intercept length \(1.2 m\) and true width \(1.12 m\).

- Positive factor: True width disclosed provides clarity on geometry.

Evidence · table

> 0.33

Context: 1.2

#### 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 1.12

**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

**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

**Infill Drilling**

Polarity: neutral

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

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

### TP021

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-resources-reports-high-grade-antimony-and-gold-intercepts-advancing-cos--91d7ac55-64f8-4552-a0ad-a725298cb1d8#fact-drill-facts-42)

Cuffley North · gold

#### Identity

- Hole ID: TP021
- Project: Cuffley North
- Commodity: gold
- Region: australia\_vic
- Reported Region: australia\_vic
- Ticker: MND

#### Geometry

- Grade: 3.96
- Grade Unit: g/t
- Intercept: 0.45 m
- True Width: 0.34 m
- From: 172.62 m
- To: 172.82 m
- Hole Depth: 199.5 m
- Intercept Depth: 172.62 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: TP021:172.62-172.82
- Mining Method: underground

#### Location

- Location: Cuffley Main
- Easting: 15385
- Northing: 5484
- Elevation: 1181 m
- Azimuth: 299.8 °
- Dip: -32.6 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: On Site Laboratory Services \(OSLS\)
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2024-09-10T00:00:00.000Z

Reasoning: A moderate gold intercept with disclosed true width, contributing to resource understanding despite its narrowness.

- Positive factor: Moderate gold grade \(3.96 g/t\) for underground mining.

- Positive factor: True width disclosed \(0.34 m\) provides clarity on geometry.

- Negative factor: Narrow intercept length \(0.45 m\) and true width \(0.34 m\).

Evidence · table

> 3.96

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 0.34

**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

**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

**Infill Drilling**

Polarity: neutral

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

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

### TP021

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-resources-reports-high-grade-antimony-and-gold-intercepts-advancing-cos--91d7ac55-64f8-4552-a0ad-a725298cb1d8#fact-drill-facts-43)

Cuffley North · antimony

#### Identity

- Hole ID: TP021
- Project: Cuffley North
- Commodity: antimony
- Region: australia\_vic
- Reported Region: australia\_vic
- Ticker: MND

#### Geometry

- Grade: 20.2
- Grade Unit: %
- Intercept: 0.45 m
- True Width: 0.34 m
- From: 172.62 m
- To: 172.82 m
- Hole Depth: 199.5 m
- Intercept Depth: 172.62 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: TP021:172.62-172.82
- Mining Method: underground

#### Location

- Location: Cuffley Main
- Easting: 15385
- Northing: 5484
- Elevation: 1181 m
- Azimuth: 299.8 °
- Dip: -32.6 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: On Site Laboratory Services \(OSLS\)
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2024-09-10T00:00:00.000Z

Reasoning: An exceptional antimony intercept with high grade and disclosed true width, indicating significant mineralization despite its narrowness.

- Positive factor: Exceptional antimony grade \(20.2%\) for underground mining.

- Positive factor: True width disclosed \(0.34 m\) provides clarity on geometry.

- Negative factor: Narrow intercept length \(0.45 m\) and true width \(0.34 m\).

Evidence · table

> 20.2

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 0.34

**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

**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

**Infill Drilling**

Polarity: neutral

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

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

### CW004

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-resources-reports-high-grade-antimony-and-gold-intercepts-advancing-cos--91d7ac55-64f8-4552-a0ad-a725298cb1d8#fact-drill-facts-44)

Cuffley West · gold

#### Identity

- Hole ID: CW004
- Project: Cuffley West
- Commodity: gold
- Region: australia\_vic
- Reported Region: australia\_vic
- Ticker: MND

#### Geometry

- Grade: 2.09
- Grade Unit: g/t
- Intercept: 0.8 m
- True Width: 0.63 m
- From: 332.9 m
- To: 333.7 m
- Hole Depth: 400 m
- Intercept Depth: 332.9 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: CW004:332.9-333.7
- Mining Method: underground

#### Location

- Location: Cuffley West
- Easting: 15251
- Northing: 4947
- Elevation: 944 m
- Azimuth: 302 °
- Dip: -51 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: On Site Laboratory Services \(OSLS\)
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2024-09-10T00:00:00.000Z

Reasoning: A weak gold intercept with disclosed true width, contributing to resource understanding.

- Positive factor: Weak gold grade \(2.09 g/t\) for underground mining.

- Positive factor: True width disclosed \(0.63 m\) provides clarity on geometry.

Evidence · table

> 2.09

Context: 0.8

#### 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 0.63

**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

**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

**Infill Drilling**

Polarity: neutral

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

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

### CW004

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-resources-reports-high-grade-antimony-and-gold-intercepts-advancing-cos--91d7ac55-64f8-4552-a0ad-a725298cb1d8#fact-drill-facts-45)

Cuffley West · antimony

#### Identity

- Hole ID: CW004
- Project: Cuffley West
- Commodity: antimony
- Region: australia\_vic
- Reported Region: australia\_vic
- Ticker: MND

#### Geometry

- Intercept: 0.8 m
- True Width: 0.63 m
- From: 332.9 m
- To: 333.7 m
- Hole Depth: 400 m
- Intercept Depth: 332.9 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: CW004:332.9-333.7
- Mining Method: underground

#### Location

- Location: Cuffley West
- Easting: 15251
- Northing: 4947
- Elevation: 944 m
- Azimuth: 302 °
- Dip: -51 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: On Site Laboratory Services \(OSLS\)
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2024-09-10T00:00:00.000Z

Reasoning: An intercept with no detectable antimony, but with disclosed true width.

- Positive factor: True width disclosed \(0.63 m\) provides clarity on geometry.

- Negative factor: Antimony grade is below detection limit \(LLD\).

Evidence · table

> LLD

Context: 0.8

#### 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 0.63

**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

**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

**Infill Drilling**

Polarity: neutral

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

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

### BC394

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-resources-reports-high-grade-antimony-and-gold-intercepts-advancing-cos--91d7ac55-64f8-4552-a0ad-a725298cb1d8#fact-drill-facts-46)

Kendall North · gold

#### Identity

- Hole ID: BC394
- Project: Kendall North
- Commodity: gold
- Region: australia\_vic
- Reported Region: australia\_vic
- Ticker: MND

#### Geometry

- Grade: 82.6
- Grade Unit: g/t
- Intercept: 0.2 m
- True Width: 0.08 m
- From: 131.47 m
- To: 131.67 m
- Hole Depth: 175.4 m
- Intercept Depth: 131.47 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: BC394:131.47-131.67
- Mining Method: underground

#### Location

- Location: Kendall 580 Vein
- Easting: 15353
- Northing: 7012
- Elevation: 922 m
- Azimuth: 25.1 °
- Dip: -13.6 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: On Site Laboratory Services \(OSLS\)
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2024-09-10T00:00:00.000Z

Reasoning: An exceptional bonanza-grade gold intercept, but its very narrow width limits its overall practical materiality.

- Positive factor: Exceptional gold grade \(82.6 g/t\) indicating bonanza mineralization.

- Positive factor: True width disclosed \(0.08 m\) provides clarity on geometry.

- Negative factor: Very narrow intercept length \(0.2 m\) and true width \(0.08 m\) limit practical mining.

Evidence · table

> 82.6

Context: 0.2

#### 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 0.08

**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

**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

**Infill Drilling**

Polarity: neutral

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

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

### BC394

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-resources-reports-high-grade-antimony-and-gold-intercepts-advancing-cos--91d7ac55-64f8-4552-a0ad-a725298cb1d8#fact-drill-facts-47)

Kendall North · antimony

#### Identity

- Hole ID: BC394
- Project: Kendall North
- Commodity: antimony
- Region: australia\_vic
- Reported Region: australia\_vic
- Ticker: MND

#### Geometry

- Grade: 45
- Grade Unit: %
- Intercept: 0.2 m
- True Width: 0.08 m
- From: 131.47 m
- To: 131.67 m
- Hole Depth: 175.4 m
- Intercept Depth: 131.47 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: BC394:131.47-131.67
- Mining Method: underground

#### Location

- Location: Kendall 580 Vein
- Easting: 15353
- Northing: 7012
- Elevation: 922 m
- Azimuth: 25.1 °
- Dip: -13.6 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: On Site Laboratory Services \(OSLS\)
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2024-09-10T00:00:00.000Z

Reasoning: An exceptional antimony intercept with high grade and disclosed true width, indicating significant mineralization despite its narrowness.

- Positive factor: Exceptional antimony grade \(45.0%\) for underground mining.

- Positive factor: True width disclosed \(0.08 m\) provides clarity on geometry.

- Negative factor: Very narrow intercept length \(0.2 m\) and true width \(0.08 m\) limit practical mining.

Evidence · table

> 45

Context: 0.2

#### 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 0.08

**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

**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

**Infill Drilling**

Polarity: neutral

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

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

### BC395

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-resources-reports-high-grade-antimony-and-gold-intercepts-advancing-cos--91d7ac55-64f8-4552-a0ad-a725298cb1d8#fact-drill-facts-48)

Kendall North · gold

#### Identity

- Hole ID: BC395
- Project: Kendall North
- Commodity: gold
- Region: australia\_vic
- Reported Region: australia\_vic
- Ticker: MND

#### Geometry

- Grade: 54.7
- Grade Unit: g/t
- Intercept: 0.6 m
- True Width: 0.22 m
- From: 140.58 m
- To: 141.18 m
- Hole Depth: 224 m
- Intercept Depth: 140.58 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: BC395:140.58-141.18
- Mining Method: underground

#### Location

- Location: Kendall 580 Vein
- Easting: 15353
- Northing: 7012
- Elevation: 922 m
- Azimuth: 22.3 °
- Dip: -6.5 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: On Site Laboratory Services \(OSLS\)
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2024-09-10T00:00:00.000Z

Reasoning: An exceptional bonanza-grade gold intercept, but its narrow width limits its overall practical materiality.

- Positive factor: Exceptional gold grade \(54.7 g/t\) indicating bonanza mineralization.

- Positive factor: True width disclosed \(0.22 m\) provides clarity on geometry.

- Negative factor: Narrow intercept length \(0.6 m\) and true width \(0.22 m\).

Evidence · table

> 54.7

Context: 0.6

#### 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

**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

**Infill Drilling**

Polarity: neutral

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

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

### BC395

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-resources-reports-high-grade-antimony-and-gold-intercepts-advancing-cos--91d7ac55-64f8-4552-a0ad-a725298cb1d8#fact-drill-facts-49)

Kendall North · antimony

#### Identity

- Hole ID: BC395
- Project: Kendall North
- Commodity: antimony
- Region: australia\_vic
- Reported Region: australia\_vic
- Ticker: MND

#### Geometry

- Grade: 63.5
- Grade Unit: %
- Intercept: 0.6 m
- True Width: 0.22 m
- From: 140.58 m
- To: 141.18 m
- Hole Depth: 224 m
- Intercept Depth: 140.58 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: BC395:140.58-141.18
- Mining Method: underground

#### Location

- Location: Kendall 580 Vein
- Easting: 15353
- Northing: 7012
- Elevation: 922 m
- Azimuth: 22.3 °
- Dip: -6.5 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: On Site Laboratory Services \(OSLS\)
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2024-09-10T00:00:00.000Z

Reasoning: An exceptional antimony intercept with high grade and disclosed true width, indicating significant mineralization despite its narrowness.

- Positive factor: Exceptional antimony grade \(63.5%\) for underground mining.

- Positive factor: True width disclosed \(0.22 m\) provides clarity on geometry.

- Negative factor: Narrow intercept length \(0.6 m\) and true width \(0.22 m\).

Evidence · table

> 63.5

Context: 0.6

#### 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

**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

**Infill Drilling**

Polarity: neutral

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

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

### BC396

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-resources-reports-high-grade-antimony-and-gold-intercepts-advancing-cos--91d7ac55-64f8-4552-a0ad-a725298cb1d8#fact-drill-facts-50)

Kendall North · gold

#### Identity

- Hole ID: BC396
- Project: Kendall North
- Commodity: gold
- Region: australia\_vic
- Reported Region: australia\_vic
- Ticker: MND

#### Geometry

- Grade: 16.9
- Grade Unit: g/t
- Intercept: 0.11 m
- True Width: 0.06 m
- From: 132.2 m
- To: 132.31 m
- Hole Depth: 180 m
- Intercept Depth: 132.2 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: BC396:132.2-132.31
- Mining Method: underground

#### Location

- Location: Kendall 580 Vein
- Easting: 15353
- Northing: 7012
- Elevation: 922 m
- Azimuth: 26.5 °
- Dip: -0.9 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: On Site Laboratory Services \(OSLS\)
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2024-09-10T00:00:00.000Z

Reasoning: An exceptional gold intercept, but its very narrow width limits its overall practical materiality.

- Positive factor: Exceptional gold grade \(16.9 g/t\) for underground mining.

- Positive factor: True width disclosed \(0.06 m\) provides clarity on geometry.

- Negative factor: Very narrow intercept length \(0.11 m\) and true width \(0.06 m\) limit practical mining.

Evidence · table

> 16.9

Context: 0.11

#### 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 0.06

**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

**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

**Infill Drilling**

Polarity: neutral

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

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

### BC396

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-resources-reports-high-grade-antimony-and-gold-intercepts-advancing-cos--91d7ac55-64f8-4552-a0ad-a725298cb1d8#fact-drill-facts-51)

Kendall North · antimony

#### Identity

- Hole ID: BC396
- Project: Kendall North
- Commodity: antimony
- Region: australia\_vic
- Reported Region: australia\_vic
- Ticker: MND

#### Geometry

- Grade: 1.05
- Grade Unit: %
- Intercept: 0.11 m
- True Width: 0.06 m
- From: 132.2 m
- To: 132.31 m
- Hole Depth: 180 m
- Intercept Depth: 132.2 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: BC396:132.2-132.31
- Mining Method: underground

#### Location

- Location: Kendall 580 Vein
- Easting: 15353
- Northing: 7012
- Elevation: 922 m
- Azimuth: 26.5 °
- Dip: -0.9 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: On Site Laboratory Services \(OSLS\)
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2024-09-10T00:00:00.000Z

Reasoning: A moderate antimony intercept, but its very narrow width limits its overall practical materiality.

- Positive factor: Moderate antimony grade \(1.05%\) for underground mining.

- Positive factor: True width disclosed \(0.06 m\) provides clarity on geometry.

- Negative factor: Very narrow intercept length \(0.11 m\) and true width \(0.06 m\) limit practical mining.

Evidence · table

> 1.05

Context: 0.11

#### 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 0.06

**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

**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

**Infill Drilling**

Polarity: neutral

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

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

### BC397

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-resources-reports-high-grade-antimony-and-gold-intercepts-advancing-cos--91d7ac55-64f8-4552-a0ad-a725298cb1d8#fact-drill-facts-52)

Kendall North · gold

#### Identity

- Hole ID: BC397
- Project: Kendall North
- Commodity: gold
- Region: australia\_vic
- Reported Region: australia\_vic
- Ticker: MND

#### Geometry

- Grade: 2.36
- Grade Unit: g/t
- Intercept: 0.14 m
- True Width: 0.09 m
- From: 123.79 m
- To: 123.93 m
- Hole Depth: 200 m
- Intercept Depth: 123.79 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: BC397:123.79-123.93
- Mining Method: underground

#### Location

- Location: Kendall 580 Vein
- Easting: 15353
- Northing: 7012
- Elevation: 922 m
- Azimuth: 28.6 °
- Dip: -3.8 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: On Site Laboratory Services \(OSLS\)
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2024-09-10T00:00:00.000Z

Reasoning: A weak gold intercept, but its very narrow width limits its overall practical materiality.

- Positive factor: True width disclosed \(0.09 m\) provides clarity on geometry.

- Negative factor: Weak gold grade \(2.36 g/t\) for underground mining.

- Negative factor: Very narrow intercept length \(0.14 m\) and true width \(0.09 m\).

Evidence · table

> 2.36

Context: 0.14

#### 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 0.09

**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

**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

**Infill Drilling**

Polarity: neutral

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

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

### BC397

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-resources-reports-high-grade-antimony-and-gold-intercepts-advancing-cos--91d7ac55-64f8-4552-a0ad-a725298cb1d8#fact-drill-facts-53)

Kendall North · antimony

#### Identity

- Hole ID: BC397
- Project: Kendall North
- Commodity: antimony
- Region: australia\_vic
- Reported Region: australia\_vic
- Ticker: MND

#### Geometry

- Grade: 4.05
- Grade Unit: %
- Intercept: 0.14 m
- True Width: 0.09 m
- From: 123.79 m
- To: 123.93 m
- Hole Depth: 200 m
- Intercept Depth: 123.79 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: BC397:123.79-123.93
- Mining Method: underground

#### Location

- Location: Kendall 580 Vein
- Easting: 15353
- Northing: 7012
- Elevation: 922 m
- Azimuth: 28.6 °
- Dip: -3.8 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: On Site Laboratory Services \(OSLS\)
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2024-09-10T00:00:00.000Z

Reasoning: A strong antimony intercept, but its very narrow width limits its overall practical materiality.

- Positive factor: Strong antimony grade \(4.05%\) for underground mining.

- Positive factor: True width disclosed \(0.09 m\) provides clarity on geometry.

- Negative factor: Very narrow intercept length \(0.14 m\) and true width \(0.09 m\).

Evidence · table

> 4.05

Context: 0.14

#### 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 0.09

**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

**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

**Infill Drilling**

Polarity: neutral

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

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

### BC398

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-resources-reports-high-grade-antimony-and-gold-intercepts-advancing-cos--91d7ac55-64f8-4552-a0ad-a725298cb1d8#fact-drill-facts-54)

Kendall North · gold

#### Identity

- Hole ID: BC398
- Project: Kendall North
- Commodity: gold
- Region: australia\_vic
- Reported Region: australia\_vic
- Ticker: MND

#### Geometry

- Grade: 11.4
- Grade Unit: g/t
- Intercept: 0.24 m
- True Width: 0.16 m
- From: 99.64 m
- To: 99.88 m
- Hole Depth: 125.4 m
- Intercept Depth: 99.64 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: BC398:99.64-99.88
- Mining Method: underground

#### Location

- Location: Kendall 580 Vein
- Easting: 15353
- Northing: 7012
- Elevation: 922 m
- Azimuth: 42.5 °
- Dip: 3 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: On Site Laboratory Services \(OSLS\)
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2024-09-10T00:00:00.000Z

Reasoning: A strong gold intercept, but its very narrow width limits its overall practical materiality.

- Positive factor: Strong gold grade \(11.4 g/t\) for underground mining.

- Positive factor: True width disclosed \(0.16 m\) provides clarity on geometry.

- Negative factor: Very narrow intercept length \(0.24 m\) and true width \(0.16 m\).

Evidence · table

> 11.4

Context: 0.24

#### 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 0.16

**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

**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

**Infill Drilling**

Polarity: neutral

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

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

### BC398

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-resources-reports-high-grade-antimony-and-gold-intercepts-advancing-cos--91d7ac55-64f8-4552-a0ad-a725298cb1d8#fact-drill-facts-55)

Kendall North · antimony

#### Identity

- Hole ID: BC398
- Project: Kendall North
- Commodity: antimony
- Region: australia\_vic
- Reported Region: australia\_vic
- Ticker: MND

#### Geometry

- Grade: 24.3
- Grade Unit: %
- Intercept: 0.24 m
- True Width: 0.16 m
- From: 99.64 m
- To: 99.88 m
- Hole Depth: 125.4 m
- Intercept Depth: 99.64 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: BC398:99.64-99.88
- Mining Method: underground

#### Location

- Location: Kendall 580 Vein
- Easting: 15353
- Northing: 7012
- Elevation: 922 m
- Azimuth: 42.5 °
- Dip: 3 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: On Site Laboratory Services \(OSLS\)
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2024-09-10T00:00:00.000Z

Reasoning: An exceptional antimony intercept with high grade and disclosed true width, indicating significant mineralization despite its narrowness.

- Positive factor: Exceptional antimony grade \(24.3%\) for underground mining.

- Positive factor: True width disclosed \(0.16 m\) provides clarity on geometry.

- Negative factor: Very narrow intercept length \(0.24 m\) and true width \(0.16 m\).

Evidence · table

> 24.3

Context: 0.24

#### 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 0.16

**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

**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

**Infill Drilling**

Polarity: neutral

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

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

### BC399

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-resources-reports-high-grade-antimony-and-gold-intercepts-advancing-cos--91d7ac55-64f8-4552-a0ad-a725298cb1d8#fact-drill-facts-56)

Kendall North · gold

#### Identity

- Hole ID: BC399
- Project: Kendall North
- Commodity: gold
- Region: australia\_vic
- Reported Region: australia\_vic
- Ticker: MND

#### Geometry

- Grade: 33.42
- Grade Unit: g/t
- Intercept: 1 m
- True Width: 0.67 m
- From: 82.96 m
- To: 83.96 m
- Hole Depth: 116.3 m
- Intercept Depth: 82.96 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: BC399:82.96-83.96
- Mining Method: underground

#### Location

- Location: Kendall 580 Vein
- Easting: 15354
- Northing: 7012
- Elevation: 922 m
- Azimuth: 45.2 °
- Dip: -6.3 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: On Site Laboratory Services \(OSLS\)
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2024-09-10T00:00:00.000Z

Reasoning: An exceptional gold intercept with good width and disclosed true width, indicating significant mineralization.

- Positive factor: Exceptional gold grade \(33.42 g/t\) indicating bonanza mineralization.

- Positive factor: Good intercept length \(1.0 m\) and true width \(0.67 m\).

- Positive factor: True width disclosed provides clarity on geometry.

Evidence · table

> 33.42

Context: 1

#### 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 0.67

**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

**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

**Infill Drilling**

Polarity: neutral

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

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

### BC399

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-resources-reports-high-grade-antimony-and-gold-intercepts-advancing-cos--91d7ac55-64f8-4552-a0ad-a725298cb1d8#fact-drill-facts-57)

Kendall North · antimony

#### Identity

- Hole ID: BC399
- Project: Kendall North
- Commodity: antimony
- Region: australia\_vic
- Reported Region: australia\_vic
- Ticker: MND

#### Geometry

- Grade: 31.4
- Grade Unit: %
- Intercept: 1 m
- True Width: 0.67 m
- From: 82.96 m
- To: 83.96 m
- Hole Depth: 116.3 m
- Intercept Depth: 82.96 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: BC399:82.96-83.96
- Mining Method: underground

#### Location

- Location: Kendall 580 Vein
- Easting: 15354
- Northing: 7012
- Elevation: 922 m
- Azimuth: 45.2 °
- Dip: -6.3 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: On Site Laboratory Services \(OSLS\)
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2024-09-10T00:00:00.000Z

Reasoning: An exceptional antimony intercept with good width and disclosed true width, indicating significant mineralization.

- Positive factor: Exceptional antimony grade \(31.4%\) for underground mining.

- Positive factor: Good intercept length \(1.0 m\) and true width \(0.67 m\).

- Positive factor: True width disclosed provides clarity on geometry.

Evidence · table

> 31.4

Context: 1

#### 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 0.67

**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

**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

**Infill Drilling**

Polarity: neutral

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

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

### BC401

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-resources-reports-high-grade-antimony-and-gold-intercepts-advancing-cos--91d7ac55-64f8-4552-a0ad-a725298cb1d8#fact-drill-facts-58)

Kendall North · gold

#### Identity

- Hole ID: BC401
- Project: Kendall North
- Commodity: gold
- Region: australia\_vic
- Reported Region: australia\_vic
- Ticker: MND

#### Geometry

- Grade: 4.37
- Grade Unit: g/t
- Intercept: 0.27 m
- True Width: 0.12 m
- From: 165.11 m
- To: 165.38 m
- Hole Depth: 205 m
- Intercept Depth: 165.11 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: BC401:165.11-165.38
- Mining Method: underground

#### Location

- Location: Kendall 580 Vein
- Easting: 15354
- Northing: 7012
- Elevation: 922 m
- Azimuth: 18 °
- Dip: -8 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: On Site Laboratory Services \(OSLS\)
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2024-09-10T00:00:00.000Z

Reasoning: A moderate gold intercept, but its very narrow width limits its overall practical materiality.

- Positive factor: Moderate gold grade \(4.37 g/t\) for underground mining.

- Positive factor: True width disclosed \(0.12 m\) provides clarity on geometry.

- Negative factor: Very narrow intercept length \(0.27 m\) and true width \(0.12 m\).

Evidence · table

> 4.37

Context: 0.27

#### 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 0.12

**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

**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

**Infill Drilling**

Polarity: neutral

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

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

### BC401

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-resources-reports-high-grade-antimony-and-gold-intercepts-advancing-cos--91d7ac55-64f8-4552-a0ad-a725298cb1d8#fact-drill-facts-59)

Kendall North · antimony

#### Identity

- Hole ID: BC401
- Project: Kendall North
- Commodity: antimony
- Region: australia\_vic
- Reported Region: australia\_vic
- Ticker: MND

#### Geometry

- Grade: 21.9
- Grade Unit: %
- Intercept: 0.27 m
- True Width: 0.12 m
- From: 165.11 m
- To: 165.38 m
- Hole Depth: 205 m
- Intercept Depth: 165.11 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: BC401:165.11-165.38
- Mining Method: underground

#### Location

- Location: Kendall 580 Vein
- Easting: 15354
- Northing: 7012
- Elevation: 922 m
- Azimuth: 18 °
- Dip: -8 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: On Site Laboratory Services \(OSLS\)
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2024-09-10T00:00:00.000Z

Reasoning: An exceptional antimony intercept with high grade and disclosed true width, indicating significant mineralization despite its narrowness.

- Positive factor: Exceptional antimony grade \(21.9%\) for underground mining.

- Positive factor: True width disclosed \(0.12 m\) provides clarity on geometry.

- Negative factor: Very narrow intercept length \(0.27 m\) and true width \(0.12 m\).

Evidence · table

> 21.9

Context: 0.27

#### 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 0.12

**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

**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

**Infill Drilling**

Polarity: neutral

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

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

### BC403

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-resources-reports-high-grade-antimony-and-gold-intercepts-advancing-cos--91d7ac55-64f8-4552-a0ad-a725298cb1d8#fact-drill-facts-60)

Kendall North · gold

#### Identity

- Hole ID: BC403
- Project: Kendall North
- Commodity: gold
- Region: australia\_vic
- Reported Region: australia\_vic
- Ticker: MND

#### Geometry

- Grade: 6.53
- Grade Unit: g/t
- Intercept: 0.32 m
- True Width: 0.06 m
- From: 166.11 m
- To: 166.43 m
- Hole Depth: 240 m
- Intercept Depth: 166.11 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: BC403:166.11-166.43
- Mining Method: underground

#### Location

- Location: Kendall 580 Vein
- Easting: 15354
- Northing: 7012
- Elevation: 922 m
- Azimuth: 16.5 °
- Dip: -13.3 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: On Site Laboratory Services \(OSLS\)
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2024-09-10T00:00:00.000Z

Reasoning: A strong gold intercept, but its very narrow width limits its overall practical materiality.

- Positive factor: Strong gold grade \(6.53 g/t\) for underground mining.

- Positive factor: True width disclosed \(0.06 m\) provides clarity on geometry.

- Negative factor: Very narrow intercept length \(0.32 m\) and true width \(0.06 m\).

Evidence · table

> 6.53

Context: 0.32

#### 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 0.06

**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

**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

**Infill Drilling**

Polarity: neutral

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

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

### BC403

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-resources-reports-high-grade-antimony-and-gold-intercepts-advancing-cos--91d7ac55-64f8-4552-a0ad-a725298cb1d8#fact-drill-facts-61)

Kendall North · antimony

#### Identity

- Hole ID: BC403
- Project: Kendall North
- Commodity: antimony
- Region: australia\_vic
- Reported Region: australia\_vic
- Ticker: MND

#### Geometry

- Grade: 6.93
- Grade Unit: %
- Intercept: 0.32 m
- True Width: 0.06 m
- From: 166.11 m
- To: 166.43 m
- Hole Depth: 240 m
- Intercept Depth: 166.11 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: BC403:166.11-166.43
- Mining Method: underground

#### Location

- Location: Kendall 580 Vein
- Easting: 15354
- Northing: 7012
- Elevation: 922 m
- Azimuth: 16.5 °
- Dip: -13.3 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: On Site Laboratory Services \(OSLS\)
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2024-09-10T00:00:00.000Z

Reasoning: A strong antimony intercept with high grade and disclosed true width, indicating significant mineralization despite its narrowness.

- Positive factor: Strong antimony grade \(6.93%\) for underground mining.

- Positive factor: True width disclosed \(0.06 m\) provides clarity on geometry.

- Negative factor: Very narrow intercept length \(0.32 m\) and true width \(0.06 m\).

Evidence · table

> 6.93

Context: 0.32

#### 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 0.06

**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

**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

**Infill Drilling**

Polarity: neutral

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

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

### BC396

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-resources-reports-high-grade-antimony-and-gold-intercepts-advancing-cos--91d7ac55-64f8-4552-a0ad-a725298cb1d8#fact-drill-facts-62)

Kendall North · gold

#### Identity

- Hole ID: BC396
- Project: Kendall North
- Commodity: gold
- Region: australia\_vic
- Reported Region: australia\_vic
- Ticker: MND

#### Geometry

- Grade: 4.45
- Grade Unit: g/t
- Intercept: 0.15 m
- True Width: 0.06 m
- From: 95.12 m
- To: 95.27 m
- Hole Depth: 180 m
- Intercept Depth: 95.12 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: BC396:95.12-95.27
- Mining Method: underground

#### Location

- Location: Kendall 581 Vein
- Easting: 15353
- Northing: 7012
- Elevation: 922 m
- Azimuth: 26.5 °
- Dip: -0.9 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: On Site Laboratory Services \(OSLS\)
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2024-09-10T00:00:00.000Z

Reasoning: A moderate gold intercept, but its very narrow width limits its overall practical materiality.

- Positive factor: Moderate gold grade \(4.45 g/t\) for underground mining.

- Positive factor: True width disclosed \(0.06 m\) provides clarity on geometry.

- Negative factor: Very narrow intercept length \(0.15 m\) and true width \(0.06 m\).

Evidence · table

> 4.45

Context: 0.15

#### 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 0.06

**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

**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

**Infill Drilling**

Polarity: neutral

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

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

### BC396

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-resources-reports-high-grade-antimony-and-gold-intercepts-advancing-cos--91d7ac55-64f8-4552-a0ad-a725298cb1d8#fact-drill-facts-63)

Kendall North · antimony

#### Identity

- Hole ID: BC396
- Project: Kendall North
- Commodity: antimony
- Region: australia\_vic
- Reported Region: australia\_vic
- Ticker: MND

#### Geometry

- Grade: 1.34
- Grade Unit: %
- Intercept: 0.15 m
- True Width: 0.06 m
- From: 95.12 m
- To: 95.27 m
- Hole Depth: 180 m
- Intercept Depth: 95.12 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: BC396:95.12-95.27
- Mining Method: underground

#### Location

- Location: Kendall 581 Vein
- Easting: 15353
- Northing: 7012
- Elevation: 922 m
- Azimuth: 26.5 °
- Dip: -0.9 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: On Site Laboratory Services \(OSLS\)
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2024-09-10T00:00:00.000Z

Reasoning: A moderate antimony intercept, but its very narrow width limits its overall practical materiality.

- Positive factor: Moderate antimony grade \(1.34%\) for underground mining.

- Positive factor: True width disclosed \(0.06 m\) provides clarity on geometry.

- Negative factor: Very narrow intercept length \(0.15 m\) and true width \(0.06 m\).

Evidence · table

> 1.34

Context: 0.15

#### 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 0.06

**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

**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

**Infill Drilling**

Polarity: neutral

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

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

### BC395

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-resources-reports-high-grade-antimony-and-gold-intercepts-advancing-cos--91d7ac55-64f8-4552-a0ad-a725298cb1d8#fact-drill-facts-64)

Kendall North · gold

#### Identity

- Hole ID: BC395
- Project: Kendall North
- Commodity: gold
- Region: australia\_vic
- Reported Region: australia\_vic
- Ticker: MND

#### Geometry

- Grade: 4.23
- Grade Unit: g/t
- Intercept: 0.37 m
- True Width: 0.2 m
- From: 155.77 m
- To: 156.14 m
- Hole Depth: 224 m
- Intercept Depth: 155.77 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: BC395:155.77-156.14
- Mining Method: underground

#### Location

- Location: Kendall 582 Vein
- Easting: 15353
- Northing: 7012
- Elevation: 922 m
- Azimuth: 22.3 °
- Dip: -6.5 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: On Site Laboratory Services \(OSLS\)
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2024-09-10T00:00:00.000Z

Reasoning: A moderate gold intercept, but its narrow width limits its overall practical materiality.

- Positive factor: Moderate gold grade \(4.23 g/t\) for underground mining.

- Positive factor: True width disclosed \(0.2 m\) provides clarity on geometry.

- Negative factor: Narrow intercept length \(0.37 m\) and true width \(0.2 m\).

Evidence · table

> 4.23

Context: 0.37

#### 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

**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

**Infill Drilling**

Polarity: neutral

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

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

### BC395

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-resources-reports-high-grade-antimony-and-gold-intercepts-advancing-cos--91d7ac55-64f8-4552-a0ad-a725298cb1d8#fact-drill-facts-65)

Kendall North · antimony

#### Identity

- Hole ID: BC395
- Project: Kendall North
- Commodity: antimony
- Region: australia\_vic
- Reported Region: australia\_vic
- Ticker: MND

#### Geometry

- Grade: 9.64
- Grade Unit: %
- Intercept: 0.37 m
- True Width: 0.2 m
- From: 155.77 m
- To: 156.14 m
- Hole Depth: 224 m
- Intercept Depth: 155.77 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: BC395:155.77-156.14
- Mining Method: underground

#### Location

- Location: Kendall 582 Vein
- Easting: 15353
- Northing: 7012
- Elevation: 922 m
- Azimuth: 22.3 °
- Dip: -6.5 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: On Site Laboratory Services \(OSLS\)
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2024-09-10T00:00:00.000Z

Reasoning: A strong antimony intercept with high grade and disclosed true width, indicating significant mineralization despite its narrowness.

- Positive factor: Strong antimony grade \(9.64%\) for underground mining.

- Positive factor: True width disclosed \(0.2 m\) provides clarity on geometry.

- Negative factor: Narrow intercept length \(0.37 m\) and true width \(0.2 m\).

Evidence · table

> 9.64

Context: 0.37

#### 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

**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

**Infill Drilling**

Polarity: neutral

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

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

### KD909

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-resources-reports-high-grade-antimony-and-gold-intercepts-advancing-cos--91d7ac55-64f8-4552-a0ad-a725298cb1d8#fact-drill-facts-66)

Prod. Opt. \(Shepherd 600\) · gold

#### Identity

- Hole ID: KD909
- Project: Prod. Opt. \(Shepherd 600\)
- Commodity: gold
- Region: australia\_vic
- Reported Region: australia\_vic
- Ticker: MND

#### Geometry

- Grade: 17.95
- Grade Unit: g/t
- Intercept: 1 m
- True Width: 0.52 m
- From: 7.55 m
- To: 8.55 m
- Hole Depth: 23.4 m
- Intercept Depth: 7.55 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: KD909:7.55-8.55
- Mining Method: underground

#### Location

- Location: Shepherd 600 Vein
- Easting: 15244
- Northing: 7004
- Elevation: 711 m
- Azimuth: 100 °
- Dip: 22 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: On Site Laboratory Services \(OSLS\)
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2024-09-10T00:00:00.000Z

Reasoning: An exceptional gold intercept with good width and disclosed true width, indicating significant mineralization.

- Positive factor: Exceptional gold grade \(17.95 g/t\) for underground mining.

- Positive factor: Good intercept length \(1.0 m\) and true width \(0.52 m\).

- Positive factor: True width disclosed provides clarity on geometry.

Evidence · table

> 17.95

Context: 1

#### 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

**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

**Infill Drilling**

Polarity: neutral

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

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

### KD909

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-resources-reports-high-grade-antimony-and-gold-intercepts-advancing-cos--91d7ac55-64f8-4552-a0ad-a725298cb1d8#fact-drill-facts-67)

Prod. Opt. \(Shepherd 600\) · antimony

#### Identity

- Hole ID: KD909
- Project: Prod. Opt. \(Shepherd 600\)
- Commodity: antimony
- Region: australia\_vic
- Reported Region: australia\_vic
- Ticker: MND

#### Geometry

- Grade: 0.11
- Grade Unit: %
- Intercept: 1 m
- True Width: 0.52 m
- From: 7.55 m
- To: 8.55 m
- Hole Depth: 23.4 m
- Intercept Depth: 7.55 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: KD909:7.55-8.55
- Mining Method: underground

#### Location

- Location: Shepherd 600 Vein
- Easting: 15244
- Northing: 7004
- Elevation: 711 m
- Azimuth: 100 °
- Dip: 22 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: On Site Laboratory Services \(OSLS\)
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2024-09-10T00:00:00.000Z

Reasoning: A weak antimony intercept with good width and disclosed true width, contributing to resource understanding.

- Positive factor: Weak antimony grade \(0.11%\) for underground mining.

- Positive factor: Good intercept length \(1.0 m\) and true width \(0.52 m\).

- Positive factor: True width disclosed provides clarity on geometry.

Evidence · table

> 0.11

Context: 1

#### 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

**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

**Infill Drilling**

Polarity: neutral

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

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

### KD910

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-resources-reports-high-grade-antimony-and-gold-intercepts-advancing-cos--91d7ac55-64f8-4552-a0ad-a725298cb1d8#fact-drill-facts-68)

Prod. Opt. \(Shepherd 600\) · gold

#### Identity

- Hole ID: KD910
- Project: Prod. Opt. \(Shepherd 600\)
- Commodity: gold
- Region: australia\_vic
- Reported Region: australia\_vic
- Ticker: MND

#### Geometry

- Grade: 25.73
- Grade Unit: g/t
- Intercept: 0.46 m
- True Width: 0.44 m
- From: 1.74 m
- To: 2.2 m
- Hole Depth: 13 m
- Intercept Depth: 1.74 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: KD910:1.74-2.2
- Mining Method: underground

#### Location

- Location: Shepherd 600 Vein
- Easting: 15245
- Northing: 7002
- Elevation: 710 m
- Azimuth: 99.1 °
- Dip: -20.1 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: On Site Laboratory Services \(OSLS\)
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2024-09-10T00:00:00.000Z

Reasoning: An exceptional gold intercept, but its narrow width limits its overall practical materiality.

- Positive factor: Exceptional gold grade \(25.73 g/t\) for underground mining.

- Positive factor: True width disclosed \(0.44 m\) provides clarity on geometry.

- Negative factor: Narrow intercept length \(0.46 m\) and true width \(0.44 m\).

Evidence · table

> 25.73

Context: 0.46

#### 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 0.44

**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

**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

**Infill Drilling**

Polarity: neutral

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

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

### KD910

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-resources-reports-high-grade-antimony-and-gold-intercepts-advancing-cos--91d7ac55-64f8-4552-a0ad-a725298cb1d8#fact-drill-facts-69)

Prod. Opt. \(Shepherd 600\) · antimony

#### Identity

- Hole ID: KD910
- Project: Prod. Opt. \(Shepherd 600\)
- Commodity: antimony
- Region: australia\_vic
- Reported Region: australia\_vic
- Ticker: MND

#### Geometry

- Intercept: 0.46 m
- True Width: 0.44 m
- From: 1.74 m
- To: 2.2 m
- Hole Depth: 13 m
- Intercept Depth: 1.74 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: KD910:1.74-2.2
- Mining Method: underground

#### Location

- Location: Shepherd 600 Vein
- Easting: 15245
- Northing: 7002
- Elevation: 710 m
- Azimuth: 99.1 °
- Dip: -20.1 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: On Site Laboratory Services \(OSLS\)
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2024-09-10T00:00:00.000Z

Reasoning: An intercept with no detectable antimony, but with disclosed true width.

- Positive factor: True width disclosed \(0.44 m\) provides clarity on geometry.

- Negative factor: Antimony grade is below detection limit \(LLD\).

Evidence · table

> LLD

Context: 0.46

#### 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 0.44

**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

**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

**Infill Drilling**

Polarity: neutral

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

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

### PD085

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-resources-reports-high-grade-antimony-and-gold-intercepts-advancing-cos--91d7ac55-64f8-4552-a0ad-a725298cb1d8#fact-drill-facts-70)

Prod. Opt. \(Shepherd 630\) · gold

#### Identity

- Hole ID: PD085
- Project: Prod. Opt. \(Shepherd 630\)
- Commodity: gold
- Region: australia\_vic
- Reported Region: australia\_vic
- Ticker: MND

#### Geometry

- Grade: 59.1
- Grade Unit: g/t
- Intercept: 0.54 m
- True Width: 0.42 m
- From: 55.88 m
- To: 56.42 m
- Hole Depth: 86.2 m
- Intercept Depth: 55.88 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: PD085:55.88-56.42
- Mining Method: underground

#### Location

- Location: Shepherd 600 Vein
- Easting: 15182
- Northing: 6825
- Elevation: 667 m
- Azimuth: 136.2 °
- Dip: -2.8 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: On Site Laboratory Services \(OSLS\)
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2024-09-10T00:00:00.000Z

Reasoning: An exceptional bonanza-grade gold intercept, but its narrow width limits its overall practical materiality.

- Positive factor: Exceptional gold grade \(59.1 g/t\) indicating bonanza mineralization.

- Positive factor: True width disclosed \(0.42 m\) provides clarity on geometry.

- Negative factor: Narrow intercept length \(0.54 m\) and true width \(0.42 m\).

Evidence · table

> 59.1

Context: 0.54

#### 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 0.42

**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

**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

**Infill Drilling**

Polarity: neutral

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

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

### PD085

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-resources-reports-high-grade-antimony-and-gold-intercepts-advancing-cos--91d7ac55-64f8-4552-a0ad-a725298cb1d8#fact-drill-facts-71)

Prod. Opt. \(Shepherd 630\) · antimony

#### Identity

- Hole ID: PD085
- Project: Prod. Opt. \(Shepherd 630\)
- Commodity: antimony
- Region: australia\_vic
- Reported Region: australia\_vic
- Ticker: MND

#### Geometry

- Grade: 0.01
- Grade Unit: %
- Intercept: 0.54 m
- True Width: 0.42 m
- From: 55.88 m
- To: 56.42 m
- Hole Depth: 86.2 m
- Intercept Depth: 55.88 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: PD085:55.88-56.42
- Mining Method: underground

#### Location

- Location: Shepherd 600 Vein
- Easting: 15182
- Northing: 6825
- Elevation: 667 m
- Azimuth: 136.2 °
- Dip: -2.8 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: On Site Laboratory Services \(OSLS\)
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2024-09-10T00:00:00.000Z

Reasoning: A very low-grade antimony intercept, but its narrow width limits its overall practical materiality.

- Positive factor: True width disclosed \(0.42 m\) provides clarity on geometry.

- Negative factor: Very low antimony grade \(0.01%\) for underground mining.

- Negative factor: Narrow intercept length \(0.54 m\) and true width \(0.42 m\).

Evidence · table

> 0.01

Context: 0.54

#### 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 0.42

**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

**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

**Infill Drilling**

Polarity: neutral

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

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

### PD101

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-resources-reports-high-grade-antimony-and-gold-intercepts-advancing-cos--91d7ac55-64f8-4552-a0ad-a725298cb1d8#fact-drill-facts-72)

Prod. Opt. \(Shepherd 630\) · gold

#### Identity

- Hole ID: PD101
- Project: Prod. Opt. \(Shepherd 630\)
- Commodity: gold
- Region: australia\_vic
- Reported Region: australia\_vic
- Ticker: MND

#### Geometry

- Grade: 31.8
- Grade Unit: g/t
- Intercept: 0.28 m
- True Width: 0.23 m
- From: 35.78 m
- To: 36.06 m
- Hole Depth: 59.8 m
- Intercept Depth: 35.78 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: PD101:35.78-36.06
- Mining Method: underground

#### Location

- Location: Shepherd 600 Vein
- Easting: 15182
- Northing: 6825
- Elevation: 666 m
- Azimuth: 123.7 °
- Dip: -26.8 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: On Site Laboratory Services \(OSLS\)
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2024-09-10T00:00:00.000Z

Reasoning: An exceptional bonanza-grade gold intercept, but its very narrow width limits its overall practical materiality.

- Positive factor: Exceptional gold grade \(31.8 g/t\) indicating bonanza mineralization.

- Positive factor: True width disclosed \(0.23 m\) provides clarity on geometry.

- Negative factor: Very narrow intercept length \(0.28 m\) and true width \(0.23 m\).

Evidence · table

> 31.8

Context: 0.28

#### 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 0.23

**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

**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

**Infill Drilling**

Polarity: neutral

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

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

### PD101

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-resources-reports-high-grade-antimony-and-gold-intercepts-advancing-cos--91d7ac55-64f8-4552-a0ad-a725298cb1d8#fact-drill-facts-73)

Prod. Opt. \(Shepherd 630\) · antimony

#### Identity

- Hole ID: PD101
- Project: Prod. Opt. \(Shepherd 630\)
- Commodity: antimony
- Region: australia\_vic
- Reported Region: australia\_vic
- Ticker: MND

#### Geometry

- Intercept: 0.28 m
- True Width: 0.23 m
- From: 35.78 m
- To: 36.06 m
- Hole Depth: 59.8 m
- Intercept Depth: 35.78 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: PD101:35.78-36.06
- Mining Method: underground

#### Location

- Location: Shepherd 600 Vein
- Easting: 15182
- Northing: 6825
- Elevation: 666 m
- Azimuth: 123.7 °
- Dip: -26.8 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: On Site Laboratory Services \(OSLS\)
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2024-09-10T00:00:00.000Z

Reasoning: An intercept with no detectable antimony, but with disclosed true width.

- Positive factor: True width disclosed \(0.23 m\) provides clarity on geometry.

- Negative factor: Antimony grade is below detection limit \(LLD\).

Evidence · table

> LLD

Context: 0.28

#### 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 0.23

**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

**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

**Infill Drilling**

Polarity: neutral

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

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

### PD114

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-resources-reports-high-grade-antimony-and-gold-intercepts-advancing-cos--91d7ac55-64f8-4552-a0ad-a725298cb1d8#fact-drill-facts-74)

Prod. Opt. \(Shepherd 630\) · gold

#### Identity

- Hole ID: PD114
- Project: Prod. Opt. \(Shepherd 630\)
- Commodity: gold
- Region: australia\_vic
- Reported Region: australia\_vic
- Ticker: MND

#### Geometry

- Grade: 107
- Grade Unit: g/t
- Intercept: 0.55 m
- True Width: 0.4 m
- From: 36.03 m
- To: 36.58 m
- Hole Depth: 62 m
- Intercept Depth: 36.03 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: PD114:36.03-36.58
- Mining Method: underground

#### Location

- Location: Shepherd 600 Vein
- Easting: 15182
- Northing: 6803
- Elevation: 667 m
- Azimuth: 113.5 °
- Dip: -46.1 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: On Site Laboratory Services \(OSLS\)
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2024-09-10T00:00:00.000Z

Reasoning: An exceptional bonanza-grade gold intercept, but its narrow width limits its overall practical materiality.

- Positive factor: Exceptional gold grade \(107.0 g/t\) indicating bonanza mineralization.

- Positive factor: True width disclosed \(0.4 m\) provides clarity on geometry.

- Negative factor: Narrow intercept length \(0.55 m\) and true width \(0.4 m\).

Evidence · table

> 107

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 0.4

**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

**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

**Infill Drilling**

Polarity: neutral

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

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

### PD114

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-resources-reports-high-grade-antimony-and-gold-intercepts-advancing-cos--91d7ac55-64f8-4552-a0ad-a725298cb1d8#fact-drill-facts-75)

Prod. Opt. \(Shepherd 630\) · antimony

#### Identity

- Hole ID: PD114
- Project: Prod. Opt. \(Shepherd 630\)
- Commodity: antimony
- Region: australia\_vic
- Reported Region: australia\_vic
- Ticker: MND

#### Geometry

- Grade: 0.05
- Grade Unit: %
- Intercept: 0.55 m
- True Width: 0.4 m
- From: 36.03 m
- To: 36.58 m
- Hole Depth: 62 m
- Intercept Depth: 36.03 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: PD114:36.03-36.58
- Mining Method: underground

#### Location

- Location: Shepherd 600 Vein
- Easting: 15182
- Northing: 6803
- Elevation: 667 m
- Azimuth: 113.5 °
- Dip: -46.1 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: On Site Laboratory Services \(OSLS\)
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2024-09-10T00:00:00.000Z

Reasoning: A very low-grade antimony intercept, but its narrow width limits its overall practical materiality.

- Positive factor: True width disclosed \(0.4 m\) provides clarity on geometry.

- Negative factor: Very low antimony grade \(0.05%\) for underground mining.

- Negative factor: Narrow intercept length \(0.55 m\) and true width \(0.4 m\).

Evidence · table

> 0.05

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 0.4

**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

**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

**Infill Drilling**

Polarity: neutral

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

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

### PD132

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-resources-reports-high-grade-antimony-and-gold-intercepts-advancing-cos--91d7ac55-64f8-4552-a0ad-a725298cb1d8#fact-drill-facts-76)

Prod. Opt. \(Shepherd 600\) · gold

#### Identity

- Hole ID: PD132
- Project: Prod. Opt. \(Shepherd 600\)
- Commodity: gold
- Region: australia\_vic
- Reported Region: australia\_vic
- Ticker: MND

#### Geometry

- Grade: 48.21
- Grade Unit: g/t
- Intercept: 2.87 m
- True Width: 2.47 m
- From: 8.53 m
- To: 11.4 m
- Hole Depth: 15.9 m
- Intercept Depth: 8.53 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: PD132:8.53-11.4
- Mining Method: underground

#### Location

- Location: Shepherd 600 Vein
- Easting: 15239
- Northing: 6911
- Elevation: 740 m
- Azimuth: 110.3 °
- Dip: 21.8 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: On Site Laboratory Services \(OSLS\)
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2024-09-10T00:00:00.000Z

Reasoning: An exceptional bonanza-grade gold intercept with good width and disclosed true width, indicating significant mineralization.

- Positive factor: Exceptional gold grade \(48.21 g/t\) indicating bonanza mineralization.

- Positive factor: Good intercept length \(2.87 m\) and true width \(2.47 m\).

- Positive factor: True width disclosed provides clarity on geometry.

Evidence · table

> 48.21

Context: 2.87

#### 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 2.47

**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

**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

**Infill Drilling**

Polarity: neutral

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

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

### PD132

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-resources-reports-high-grade-antimony-and-gold-intercepts-advancing-cos--91d7ac55-64f8-4552-a0ad-a725298cb1d8#fact-drill-facts-77)

Prod. Opt. \(Shepherd 600\) · antimony

#### Identity

- Hole ID: PD132
- Project: Prod. Opt. \(Shepherd 600\)
- Commodity: antimony
- Region: australia\_vic
- Reported Region: australia\_vic
- Ticker: MND

#### Geometry

- Grade: 1.78
- Grade Unit: %
- Intercept: 2.87 m
- True Width: 2.47 m
- From: 8.53 m
- To: 11.4 m
- Hole Depth: 15.9 m
- Intercept Depth: 8.53 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: PD132:8.53-11.4
- Mining Method: underground

#### Location

- Location: Shepherd 600 Vein
- Easting: 15239
- Northing: 6911
- Elevation: 740 m
- Azimuth: 110.3 °
- Dip: 21.8 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: On Site Laboratory Services \(OSLS\)
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2024-09-10T00:00:00.000Z

Reasoning: A moderate antimony intercept with good width and disclosed true width, indicating significant mineralization.

- Positive factor: Moderate antimony grade \(1.78%\) for underground mining.

- Positive factor: Good intercept length \(2.87 m\) and true width \(2.47 m\).

- Positive factor: True width disclosed provides clarity on geometry.

Evidence · table

> 1.78

Context: 2.87

#### 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 2.47

**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

**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

**Infill Drilling**

Polarity: neutral

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

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

### PD184

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-resources-reports-high-grade-antimony-and-gold-intercepts-advancing-cos--91d7ac55-64f8-4552-a0ad-a725298cb1d8#fact-drill-facts-78)

Prod. Opt. \(Shepherd 630\) · gold

#### Identity

- Hole ID: PD184
- Project: Prod. Opt. \(Shepherd 630\)
- Commodity: gold
- Region: australia\_vic
- Reported Region: australia\_vic
- Ticker: MND

#### Geometry

- Intercept: 0.35 m
- True Width: 0.25 m
- From: 20.28 m
- To: 20.63 m
- Hole Depth: 39.5 m
- Intercept Depth: 20.28 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: PD184:20.28-20.63
- Mining Method: underground

#### Location

- Location: Shepherd 600 Vein
- Easting: 15199
- Northing: 6999
- Elevation: 623 m
- Azimuth: 91.4 °
- Dip: -49.3 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: On Site Laboratory Services \(OSLS\)
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2024-09-10T00:00:00.000Z

Reasoning: An intercept with no detectable gold, but with disclosed true width.

- Positive factor: True width disclosed \(0.25 m\) provides clarity on geometry.

- Negative factor: Gold grade is below detection limit \(LLD\).

Evidence · table

> LLD

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 0.25

**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

**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

**Infill Drilling**

Polarity: neutral

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

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

### PD184

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-resources-reports-high-grade-antimony-and-gold-intercepts-advancing-cos--91d7ac55-64f8-4552-a0ad-a725298cb1d8#fact-drill-facts-79)

Prod. Opt. \(Shepherd 630\) · antimony

#### Identity

- Hole ID: PD184
- Project: Prod. Opt. \(Shepherd 630\)
- Commodity: antimony
- Region: australia\_vic
- Reported Region: australia\_vic
- Ticker: MND

#### Geometry

- Intercept: 0.35 m
- True Width: 0.25 m
- From: 20.28 m
- To: 20.63 m
- Hole Depth: 39.5 m
- Intercept Depth: 20.28 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: PD184:20.28-20.63
- Mining Method: underground

#### Location

- Location: Shepherd 600 Vein
- Easting: 15199
- Northing: 6999
- Elevation: 623 m
- Azimuth: 91.4 °
- Dip: -49.3 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: On Site Laboratory Services \(OSLS\)
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2024-09-10T00:00:00.000Z

Reasoning: An intercept with no detectable antimony, but with disclosed true width.

- Positive factor: True width disclosed \(0.25 m\) provides clarity on geometry.

- Negative factor: Antimony grade is below detection limit \(LLD\).

Evidence · table

> LLD

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 0.25

**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

**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

**Infill Drilling**

Polarity: neutral

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

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

### PD185

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-resources-reports-high-grade-antimony-and-gold-intercepts-advancing-cos--91d7ac55-64f8-4552-a0ad-a725298cb1d8#fact-drill-facts-80)

Prod. Opt. \(Shepherd 630\) · gold

#### Identity

- Hole ID: PD185
- Project: Prod. Opt. \(Shepherd 630\)
- Commodity: gold
- Region: australia\_vic
- Reported Region: australia\_vic
- Ticker: MND

#### Geometry

- Grade: 0.09
- Grade Unit: g/t
- Intercept: 0.57 m
- True Width: 0.18 m
- From: 27.3 m
- To: 27.87 m
- Hole Depth: 56.9 m
- Intercept Depth: 27.3 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: PD185:27.3-27.87
- Mining Method: underground

#### Location

- Location: Shepherd 600 Vein
- Easting: 15199
- Northing: 6999
- Elevation: 623 m
- Azimuth: 47.4 °
- Dip: -68.7 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: On Site Laboratory Services \(OSLS\)
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2024-09-10T00:00:00.000Z

Reasoning: A very low-grade gold intercept with disclosed true width, indicating minor mineralization.

- Positive factor: True width disclosed \(0.18 m\) provides clarity on geometry.

- Negative factor: Very low gold grade \(0.09 g/t\) for underground mining.

- Negative factor: Narrow intercept length \(0.57 m\) and true width \(0.18 m\).

Evidence · table

> 0.09

Context: 0.57

#### 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 0.18

**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

**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

**Infill Drilling**

Polarity: neutral

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

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

### PD185

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-resources-reports-high-grade-antimony-and-gold-intercepts-advancing-cos--91d7ac55-64f8-4552-a0ad-a725298cb1d8#fact-drill-facts-81)

Prod. Opt. \(Shepherd 630\) · antimony

#### Identity

- Hole ID: PD185
- Project: Prod. Opt. \(Shepherd 630\)
- Commodity: antimony
- Region: australia\_vic
- Reported Region: australia\_vic
- Ticker: MND

#### Geometry

- Intercept: 0.57 m
- True Width: 0.18 m
- From: 27.3 m
- To: 27.87 m
- Hole Depth: 56.9 m
- Intercept Depth: 27.3 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: PD185:27.3-27.87
- Mining Method: underground

#### Location

- Location: Shepherd 600 Vein
- Easting: 15199
- Northing: 6999
- Elevation: 623 m
- Azimuth: 47.4 °
- Dip: -68.7 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: On Site Laboratory Services \(OSLS\)
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2024-09-10T00:00:00.000Z

Reasoning: An intercept with no detectable antimony, but with disclosed true width.

- Positive factor: True width disclosed \(0.18 m\) provides clarity on geometry.

- Negative factor: Antimony grade is below detection limit \(LLD\).

Evidence · table

> LLD

Context: 0.57

#### 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 0.18

**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

**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

**Infill Drilling**

Polarity: neutral

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

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

### PD108

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-resources-reports-high-grade-antimony-and-gold-intercepts-advancing-cos--91d7ac55-64f8-4552-a0ad-a725298cb1d8#fact-drill-facts-82)

Prod. Opt. \(Shepherd 630\) · gold

#### Identity

- Hole ID: PD108
- Project: Prod. Opt. \(Shepherd 630\)
- Commodity: gold
- Region: australia\_vic
- Reported Region: australia\_vic
- Ticker: MND

#### Geometry

- Grade: 0.29
- Grade Unit: g/t
- Intercept: 1.18 m
- True Width: 0.79 m
- From: 14.24 m
- To: 15.42 m
- Hole Depth: 47 m
- Intercept Depth: 14.24 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: PD108:14.24-15.42
- Mining Method: underground

#### Location

- Location: Shepherd 603 Vein
- Easting: 15218
- Northing: 6770
- Elevation: 688 m
- Azimuth: 132 °
- Dip: 28.6 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: On Site Laboratory Services \(OSLS\)
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2024-09-10T00:00:00.000Z

Reasoning: A low-grade gold intercept with disclosed true width, indicating minor mineralization.

- Positive factor: True width disclosed \(0.79 m\) provides clarity on geometry.

- Negative factor: Low gold grade \(0.29 g/t\) for underground mining.

Evidence · table

> 0.29

Context: 1.18

#### 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 0.79

**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

**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

**Infill Drilling**

Polarity: neutral

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

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

### PD108

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-resources-reports-high-grade-antimony-and-gold-intercepts-advancing-cos--91d7ac55-64f8-4552-a0ad-a725298cb1d8#fact-drill-facts-83)

Prod. Opt. \(Shepherd 630\) · antimony

#### Identity

- Hole ID: PD108
- Project: Prod. Opt. \(Shepherd 630\)
- Commodity: antimony
- Region: australia\_vic
- Reported Region: australia\_vic
- Ticker: MND

#### Geometry

- Intercept: 1.18 m
- True Width: 0.79 m
- From: 14.24 m
- To: 15.42 m
- Hole Depth: 47 m
- Intercept Depth: 14.24 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: PD108:14.24-15.42
- Mining Method: underground

#### Location

- Location: Shepherd 603 Vein
- Easting: 15218
- Northing: 6770
- Elevation: 688 m
- Azimuth: 132 °
- Dip: 28.6 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: On Site Laboratory Services \(OSLS\)
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2024-09-10T00:00:00.000Z

Reasoning: An intercept with no detectable antimony, but with disclosed true width.

- Positive factor: True width disclosed \(0.79 m\) provides clarity on geometry.

- Negative factor: Antimony grade is below detection limit \(LLD\).

Evidence · table

> LLD

Context: 1.18

#### 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 0.79

**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

**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

**Infill Drilling**

Polarity: neutral

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

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

### KD907

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-resources-reports-high-grade-antimony-and-gold-intercepts-advancing-cos--91d7ac55-64f8-4552-a0ad-a725298cb1d8#fact-drill-facts-84)

Prod. Opt. \(Shepherd 600\) · gold

#### Identity

- Hole ID: KD907
- Project: Prod. Opt. \(Shepherd 600\)
- Commodity: gold
- Region: australia\_vic
- Reported Region: australia\_vic
- Ticker: MND

#### Geometry

- Grade: 547.31
- Grade Unit: g/t
- Intercept: 0.86 m
- True Width: 0.75 m
- From: 0 m
- To: 0.86 m
- Hole Depth: 10.1 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: KD907:0-0.86
- Mining Method: underground

#### Location

- Location: Shepherd 605 Vein
- Easting: 15242
- Northing: 6961
- Elevation: 712 m
- Azimuth: 88.5 °
- Dip: 25.4 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: On Site Laboratory Services \(OSLS\)
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2024-09-10T00:00:00.000Z

Reasoning: An exceptional bonanza-grade gold intercept with good width and disclosed true width, indicating significant mineralization.

- Positive factor: Exceptional gold grade \(547.31 g/t\) indicating bonanza mineralization.

- Positive factor: Good intercept length \(0.86 m\) and true width \(0.75 m\).

- Positive factor: True width disclosed provides clarity on geometry.

Evidence · table

> 547.31

Context: 0.86

#### 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 0.75

**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

**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

**Infill Drilling**

Polarity: neutral

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

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

### KD907

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-resources-reports-high-grade-antimony-and-gold-intercepts-advancing-cos--91d7ac55-64f8-4552-a0ad-a725298cb1d8#fact-drill-facts-85)

Prod. Opt. \(Shepherd 600\) · antimony

#### Identity

- Hole ID: KD907
- Project: Prod. Opt. \(Shepherd 600\)
- Commodity: antimony
- Region: australia\_vic
- Reported Region: australia\_vic
- Ticker: MND

#### Geometry

- Grade: 0.06
- Grade Unit: %
- Intercept: 0.86 m
- True Width: 0.75 m
- From: 0 m
- To: 0.86 m
- Hole Depth: 10.1 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: KD907:0-0.86
- Mining Method: underground

#### Location

- Location: Shepherd 605 Vein
- Easting: 15242
- Northing: 6961
- Elevation: 712 m
- Azimuth: 88.5 °
- Dip: 25.4 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: On Site Laboratory Services \(OSLS\)
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2024-09-10T00:00:00.000Z

Reasoning: A weak antimony intercept with good width and disclosed true width, contributing to resource understanding.

- Positive factor: Weak antimony grade \(0.06%\) for underground mining.

- Positive factor: Good intercept length \(0.86 m\) and true width \(0.75 m\).

- Positive factor: True width disclosed provides clarity on geometry.

Evidence · table

> 0.06

Context: 0.86

#### 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 0.75

**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

**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

**Infill Drilling**

Polarity: neutral

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

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

### KD908

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-resources-reports-high-grade-antimony-and-gold-intercepts-advancing-cos--91d7ac55-64f8-4552-a0ad-a725298cb1d8#fact-drill-facts-86)

Prod. Opt. \(Shepherd 600\) · gold

#### Identity

- Hole ID: KD908
- Project: Prod. Opt. \(Shepherd 600\)
- Commodity: gold
- Region: australia\_vic
- Reported Region: australia\_vic
- Ticker: MND

#### Geometry

- Grade: 33.15
- Grade Unit: g/t
- Intercept: 0.32 m
- True Width: 0.3 m
- From: 0 m
- To: 0.32 m
- Hole Depth: 10 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: KD908:0-0.32
- Mining Method: underground

#### Location

- Location: Shepherd 605 Vein
- Easting: 15242
- Northing: 6961
- Elevation: 711 m
- Azimuth: 90.1 °
- Dip: -20.1 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: On Site Laboratory Services \(OSLS\)
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2024-09-10T00:00:00.000Z

Reasoning: An exceptional bonanza-grade gold intercept, but its narrow width limits its overall practical materiality.

- Positive factor: Exceptional gold grade \(33.15 g/t\) indicating bonanza mineralization.

- Positive factor: True width disclosed \(0.3 m\) provides clarity on geometry.

- Negative factor: Narrow intercept length \(0.32 m\) and true width \(0.3 m\).

Evidence · table

> 33.15

Context: 0.32

#### 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 0.3

**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

**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

**Infill Drilling**

Polarity: neutral

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

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

### KD908

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-resources-reports-high-grade-antimony-and-gold-intercepts-advancing-cos--91d7ac55-64f8-4552-a0ad-a725298cb1d8#fact-drill-facts-87)

Prod. Opt. \(Shepherd 600\) · antimony

#### Identity

- Hole ID: KD908
- Project: Prod. Opt. \(Shepherd 600\)
- Commodity: antimony
- Region: australia\_vic
- Reported Region: australia\_vic
- Ticker: MND

#### Geometry

- Grade: 0.01
- Grade Unit: %
- Intercept: 0.32 m
- True Width: 0.3 m
- From: 0 m
- To: 0.32 m
- Hole Depth: 10 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: KD908:0-0.32
- Mining Method: underground

#### Location

- Location: Shepherd 605 Vein
- Easting: 15242
- Northing: 6961
- Elevation: 711 m
- Azimuth: 90.1 °
- Dip: -20.1 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: On Site Laboratory Services \(OSLS\)
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2024-09-10T00:00:00.000Z

Reasoning: A very low-grade antimony intercept, but its narrow width limits its overall practical materiality.

- Positive factor: True width disclosed \(0.3 m\) provides clarity on geometry.

- Negative factor: Very low antimony grade \(0.01%\) for underground mining.

- Negative factor: Narrow intercept length \(0.32 m\) and true width \(0.3 m\).

Evidence · table

> 0.01

Context: 0.32

#### 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 0.3

**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

**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

**Infill Drilling**

Polarity: neutral

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

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

### PD102

[Link to this fact](https://atlas-extractions.minestarters.com/news/mandalay-resources-reports-high-grade-antimony-and-gold-intercepts-advancing-cos--91d7ac55-64f8-4552-a0ad-a725298cb1d8#fact-drill-facts-88)

Prod. Opt. \(Shepherd 630\) · gold

#### Identity

- Hole ID: PD102
- Project: Prod. Opt. \(Shepherd 630\)
- Commodity: gold
- Region: australia\_vic
- Reported Region: australia\_vic
- Ticker: MND

#### Geometry

- Grade: 0.12
- Grade Unit: g/t
- Intercept: 0.84 m
- True Width: 0.8 m
- From: 8 m
- To: 8.84 m
- Hole Depth: 18 m
- Intercept Depth: 8 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: PD102:8-8.84
- Mining Method: underground

#### Location

- Location: Shepherd 609 Vein
- Easting: 15229
- Northing: 6826
- Elevation: 686 m
- Azimuth: 105.8 °
- Dip: -12.4 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: On Site Laboratory Services \(OSLS\)
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2024-09-10T00:00:00.000Z

Reasoning: A very low-grade gold intercept with disclosed true width, indicating minor mineralization.

- Positive factor: True width disclosed \(0.8 m\) provides clarity on geometry.

- Negative factor: Very low gold grade \(0.12 g/t\) for underground mining.

Evidence · table

> 0.12

Context: 0.84

#### 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 0.8

**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

**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

**Infill Drilling**

Polarity: neutral

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

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

## 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.
