Mandalay Resources Corporation Resumes Operations at Cerro Bayo
(Thomson Reuters ONE) -
TORONTO, Sept. 19, 2016 (GLOBE NEWSWIRE) -- Mandalay Resources Corporation
("Mandalay" or the "Company") (TSX:MND) announces that mining operations have
resumed at its Cerro Bayo underground silver-gold mine in Aysen, Chile.
Mining operations returned to normal in all areas, excluding around the location
where the accident occurred on September 10, 2016, while investigations
continue.
About Mandalay Resources Corporation:
Mandalay Resources is a Canadian-based natural resource company with producing
assets in Australia, Chile and Sweden, and a development project in Chile. The
Company is focused on executing a roll-up strategy, creating critical mass by
aggregating advanced or in-production gold, copper, silver and antimony projects
in Australia, the Americas, and Europe to generate near-term cash flow and
shareholder value.
Forward-Looking Statements:
This news release contains "forward-looking statements" within the meaning of
applicable securities laws. Readers are cautioned not to place undue reliance on
forward-looking statements. Actual results and developments may differ
materially from those contemplated by these statements depending on, among other
things, changes in commodity prices and general market and economic conditions.
The factors identified above are not intended to represent a complete list of
the factors that could affect Mandalay. A description of additional risks that
could result in actual results and developments differing from those
contemplated by forward-looking statements in this news release can be found
under the heading "Risk Factors" in Mandalay's annual information form dated
March 30, 2016, a copy of which is available under Mandalay's profile at
www.sedar.com. In addition, there can be no assurance that any inferred
resources that are discovered as a result of additional drilling will ever be
upgraded to proven or probable reserves. Although Mandalay has attempted to
identify important factors that could cause actual actions, events or results to
differ materially from those described in forward-looking statements, there may
be other factors that cause actions, events or results not to be as anticipated,
estimated or intended. There can be no assurance that forward-looking statements
will prove to be accurate, as actual results and future events could differ
materially from those anticipated in such statements. Accordingly, readers
should not place undue reliance on forward-looking statements.
For Further Information:
Mark Sander
President and Chief Executive Officer
Greg DiTomaso
Investor Relations
Contact:
647.260.1566
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Mandalay Resources Corporation via GlobeNewswire
Unternehmensinformation / Kurzprofil:
Datum: 19.09.2016 - 14:00 Uhr
Sprache: Deutsch
News-ID 495550
Anzahl Zeichen: 3456
contact information:
Town:
Toronto
Kategorie:
Business News
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"Mandalay Resources Corporation Resumes Operations at Cerro Bayo"
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