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

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/mandalay-extends-the-storheden-gold-deposit-adjacent-to-the-operating-bj-xf6-rkd--7f91e4ff-2d0d-47f2-9094-84335e8411dc

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

Publisher: tmx

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

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Mandalay Resources Corporation

- Ticker: MND

- Exchange: TSX

- Region: Sweden

- Primary commodity: Gold

- Secondary commodities: None reported

- Document categories: Drill results

- Extracted: 2026-08-23 22:54:57 UTC

Narrative sentiment: 0.80 · Bullish

## Minestarters Atlas summary

Mandalay Resources announced that drilling at its Storheden gold deposit, adjacent to the operating Björkdal Mine in Sweden, has extended mineralization along strike to over 1.6 km and to a depth of approximately 200 m. The program yielded several high-grade gold intercepts, including 70.2 g/t gold over 0.45 m and 39.7 g/t gold over 0.70 m. The company plans further diamond drilling to test downward extensions and generate new regional targets.

Reasoning: Mandalay Resources has successfully extended the Storheden gold deposit significantly along strike and at depth with several high-grade intercepts, indicating strong exploration potential. The results are supported by robust QA/QC and QP sign-off, although many intercepts are narrow.

- Positive factor: Significant extension of mineralization along strike and at depth

- Positive factor: High-grade gold intercepts reported

- Positive factor: True width disclosed for all intercepts

- Positive factor: Comprehensive QA/QC procedures disclosed and QP sign-off

- Negative factor: Many intercepts are very narrow, with small true widths

- Negative factor: Cut-off grade for reported intervals is not explicitly stated

Facts used in scoring: 47

## Classification and evidence

**Step-Out Extension**

Polarity: positive

Definition: Mineralization extended beyond the previously known limit.

Why it applies: Drilling extended the Storheden gold deposit on-strike to over 1.6 kilometers and at depth of approximate 200 m.

Evidence · text

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

**True Width Disclosed**

Polarity: positive

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

Why it applies: The table 'Table 1. Significant intercepts from the 2023 drilling programs at Storheden' includes a column for 'ESTIMATED TRUE WIDTH \(M\)' for all reported intercepts.

Evidence · table

> ESTIMATED TRUE WIDTH \(M\)

Context: HOLE ID

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

Evidence · text

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

**QP/CP Signed**

Polarity: positive

Story-specific tag

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: Chris Davis, Vice President of Operational Geology and Exploration at Mandalay Resources, is a Qualified Person as defined by NI 43-101 and has reviewed and approved the technical and scientific information.

Evidence · text

> Chris Davis , Vice President of Operational Geology and Exploration, commented: "I am pleased to share progress on our 2023 initiatives at Storheden... Chris Davis , Vice President of Operational Geology and Exploration at Mandalay Resources, is a Chartered Professional of the Australasian Institute of Mining and Metallurgy \(MAusIMM CP\(Geo\)\), as well as a Member of the Australian Institute of Geoscientists \(MAIG\) and a Qualified Person as defined by NI 43-101. He has reviewed and approved the technical and scientific information provided in this release.

**Bonanza Intercept**

Polarity: positive

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

Why it applies: The intercept in SH-06 of 70.2 g/t gold over 0.45 m \(ETW 0.15 m\) is an exceptionally high grade for an orogenic gold deposit.

Evidence · text

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

**Bonanza Intercept**

Polarity: positive

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

Why it applies: The intercept in SH-06 of 39.7 g/t gold over 0.70 m \(ETW 0.45 m\) is an exceptionally high grade for an orogenic gold deposit.

Evidence · text

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

**Bonanza Intercept**

Polarity: positive

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

Why it applies: The intercept in SH-21 of 33.0 g/t gold over 0.40 m \(ETW 0.26m\) is an exceptionally high grade for an orogenic gold deposit.

Evidence · text

> 33.0 g/t gold over 0.40 m \(ETW 0.26m \) in SH-21 at 90 m

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: While a note states that 'Composites that are below 0.5 g/t Au when diluted to 1 m are not reported in this table', the specific cut-off grade used for compositing the reported intervals is not explicitly stated.

Evidence · table

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

Context: 1.

**Deleterious Elements Present**

Polarity: negative

Definition: Penalty elements \(arsenic, antimony, etc.\) or refractory concerns noted in the release.

Why it applies: Gold rich quartz veins are often associated with minor sulphides such as pyrrhotite, pyrite, chalcopyrite and arsenopyrite, with arsenopyrite indicating the presence of arsenic.

Evidence · text

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

## Extracted facts

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

## Drill Results (47)

### SH-02

[Link to this fact](https://atlas-staging.minestarters.com/news/mandalay-extends-the-storheden-gold-deposit-adjacent-to-the-operating-bj-xf6-rkd--7f91e4ff-2d0d-47f2-9094-84335e8411dc#fact-drill-facts-0)

Storheden · gold

#### Identity

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

#### Geometry

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

#### Classification

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

#### Location

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

#### QA/QC

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

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: arsenic

#### Compositing

- Dilution Disclosed: No

#### Review

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

#### Dates

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

Reasoning: A narrow intercept with a low gold grade for an orogenic underground deposit, though true width is disclosed.

- Positive factor: True Width Disclosed

- Negative factor: Narrow intercept

- Negative factor: Low grade for orogenic underground deposit

Evidence · table

> 1.9

Context: 0.65

### SH-02

[Link to this fact](https://atlas-staging.minestarters.com/news/mandalay-extends-the-storheden-gold-deposit-adjacent-to-the-operating-bj-xf6-rkd--7f91e4ff-2d0d-47f2-9094-84335e8411dc#fact-drill-facts-1)

Storheden · gold

#### Identity

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

#### Geometry

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

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: SH-02:88.0-88.7
- Mining Method: underground

#### Location

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

#### QA/QC

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

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: arsenic

#### Compositing

- Dilution Disclosed: No

#### Review

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

#### Dates

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

Reasoning: A narrow intercept with a moderate gold grade for an orogenic underground deposit, with true width disclosed.

- Positive factor: True Width Disclosed

- Positive factor: Moderate grade for orogenic underground deposit

- Negative factor: Narrow intercept

Evidence · table

> 5.6

Context: 0.70

### SH-02

[Link to this fact](https://atlas-staging.minestarters.com/news/mandalay-extends-the-storheden-gold-deposit-adjacent-to-the-operating-bj-xf6-rkd--7f91e4ff-2d0d-47f2-9094-84335e8411dc#fact-drill-facts-2)

Storheden · gold

#### Identity

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

#### Geometry

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

#### Classification

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

#### Location

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

#### QA/QC

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

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: arsenic

#### Compositing

- Dilution Disclosed: No

#### Review

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

#### Dates

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

Reasoning: A very narrow intercept with a low gold grade for an orogenic underground deposit, though true width is disclosed.

- Positive factor: True Width Disclosed

- Negative factor: Very narrow intercept

- Negative factor: Low grade for orogenic underground deposit

Evidence · table

> 2.1

Context: 0.55

### SH-02

[Link to this fact](https://atlas-staging.minestarters.com/news/mandalay-extends-the-storheden-gold-deposit-adjacent-to-the-operating-bj-xf6-rkd--7f91e4ff-2d0d-47f2-9094-84335e8411dc#fact-drill-facts-3)

Storheden · gold

#### Identity

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

#### Geometry

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

#### Classification

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

#### Location

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

#### QA/QC

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

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: arsenic

#### Compositing

- Dilution Disclosed: No

#### Review

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

#### Dates

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

Reasoning: A very narrow intercept with a strong gold grade for an orogenic underground deposit, with true width disclosed.

- Positive factor: True Width Disclosed

- Positive factor: Strong grade for orogenic underground deposit

- Negative factor: Very narrow intercept

Evidence · table

> 6.0

Context: 0.45

### SH-02

[Link to this fact](https://atlas-staging.minestarters.com/news/mandalay-extends-the-storheden-gold-deposit-adjacent-to-the-operating-bj-xf6-rkd--7f91e4ff-2d0d-47f2-9094-84335e8411dc#fact-drill-facts-4)

Storheden · gold

#### Identity

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

#### Geometry

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

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: SH-02:168.25-169.0
- Mining Method: underground

#### Location

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

#### QA/QC

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

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: arsenic

#### Compositing

- Dilution Disclosed: No

#### Review

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

#### Dates

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

Reasoning: A narrow intercept with a gold grade below the weak threshold for an orogenic underground deposit, though true width is disclosed.

- Positive factor: True Width Disclosed

- Negative factor: Narrow intercept

- Negative factor: Below weak grade for orogenic underground deposit

Evidence · table

> 0.9

Context: 0.75

### SH-04

[Link to this fact](https://atlas-staging.minestarters.com/news/mandalay-extends-the-storheden-gold-deposit-adjacent-to-the-operating-bj-xf6-rkd--7f91e4ff-2d0d-47f2-9094-84335e8411dc#fact-drill-facts-5)

Storheden · gold

#### Identity

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

#### Geometry

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

#### Classification

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

#### Location

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

#### QA/QC

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

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: arsenic

#### Compositing

- Dilution Disclosed: No

#### Review

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

#### Dates

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

Reasoning: A narrow intercept with a gold grade below the weak threshold for an orogenic underground deposit, though true width is disclosed.

- Positive factor: True Width Disclosed

- Negative factor: Narrow intercept

- Negative factor: Below weak grade for orogenic underground deposit

Evidence · table

> 1.1

Context: 0.65

### SH-04

[Link to this fact](https://atlas-staging.minestarters.com/news/mandalay-extends-the-storheden-gold-deposit-adjacent-to-the-operating-bj-xf6-rkd--7f91e4ff-2d0d-47f2-9094-84335e8411dc#fact-drill-facts-6)

Storheden · gold

#### Identity

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

#### Geometry

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

#### Classification

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

#### Location

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

#### QA/QC

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

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: arsenic

#### Compositing

- Dilution Disclosed: No

#### Review

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

#### Dates

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

Reasoning: A narrow intercept with a weak gold grade for an orogenic underground deposit, with true width disclosed.

- Positive factor: True Width Disclosed

- Positive factor: Weak grade for orogenic underground deposit

Evidence · table

> 3.5

Context: 1.15

### SH-04

[Link to this fact](https://atlas-staging.minestarters.com/news/mandalay-extends-the-storheden-gold-deposit-adjacent-to-the-operating-bj-xf6-rkd--7f91e4ff-2d0d-47f2-9094-84335e8411dc#fact-drill-facts-7)

Storheden · gold

#### Identity

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

#### Geometry

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

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: SH-04:112.5-113.0
- Mining Method: underground

#### Location

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

#### QA/QC

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

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: arsenic

#### Compositing

- Dilution Disclosed: No

#### Review

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

#### Dates

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

Reasoning: A very narrow intercept with a strong gold grade for an orogenic underground deposit, with true width disclosed.

- Positive factor: True Width Disclosed

- Positive factor: Strong grade for orogenic underground deposit

- Negative factor: Very narrow intercept

Evidence · table

> 7.1

Context: 0.50

### SH-04

[Link to this fact](https://atlas-staging.minestarters.com/news/mandalay-extends-the-storheden-gold-deposit-adjacent-to-the-operating-bj-xf6-rkd--7f91e4ff-2d0d-47f2-9094-84335e8411dc#fact-drill-facts-8)

Storheden · gold

#### Identity

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

#### Geometry

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

#### Classification

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

#### Location

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

#### QA/QC

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

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: arsenic

#### Compositing

- Dilution Disclosed: No

#### Review

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

#### Dates

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

Reasoning: A narrow intercept with a gold grade below the weak threshold for an orogenic underground deposit, though true width is disclosed.

- Positive factor: True Width Disclosed

- Negative factor: Narrow intercept

- Negative factor: Below weak grade for orogenic underground deposit

Evidence · table

> 1.6

Context: 0.75

### SH-04

[Link to this fact](https://atlas-staging.minestarters.com/news/mandalay-extends-the-storheden-gold-deposit-adjacent-to-the-operating-bj-xf6-rkd--7f91e4ff-2d0d-47f2-9094-84335e8411dc#fact-drill-facts-9)

Storheden · gold

#### Identity

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

#### Geometry

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

#### Classification

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

#### Location

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

#### QA/QC

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

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: arsenic

#### Compositing

- Dilution Disclosed: No

#### Review

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

#### Dates

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

Reasoning: A narrow intercept with an exceptional gold grade for an orogenic underground deposit, with true width disclosed.

- Positive factor: True Width Disclosed

- Positive factor: Exceptional grade for orogenic underground deposit

- Negative factor: Narrow intercept

Evidence · table

> 14.6

Context: 1.30

### SH-05

[Link to this fact](https://atlas-staging.minestarters.com/news/mandalay-extends-the-storheden-gold-deposit-adjacent-to-the-operating-bj-xf6-rkd--7f91e4ff-2d0d-47f2-9094-84335e8411dc#fact-drill-facts-10)

Storheden · gold

#### Identity

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

#### Geometry

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

#### Classification

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

#### Location

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

#### QA/QC

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

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: arsenic

#### Compositing

- Dilution Disclosed: No

#### Review

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

#### Dates

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

Reasoning: A narrow intercept with a gold grade below the weak threshold for an orogenic underground deposit, though true width is disclosed.

- Positive factor: True Width Disclosed

- Negative factor: Narrow intercept

- Negative factor: Below weak grade for orogenic underground deposit

Evidence · table

> 1.2

Context: 0.80

### SH-05

[Link to this fact](https://atlas-staging.minestarters.com/news/mandalay-extends-the-storheden-gold-deposit-adjacent-to-the-operating-bj-xf6-rkd--7f91e4ff-2d0d-47f2-9094-84335e8411dc#fact-drill-facts-11)

Storheden · gold

#### Identity

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

#### Geometry

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

#### Classification

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

#### Location

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

#### QA/QC

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

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: arsenic

#### Compositing

- Dilution Disclosed: No

#### Review

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

#### Dates

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

Reasoning: A very narrow intercept with a gold grade below the weak threshold for an orogenic underground deposit, though true width is disclosed.

- Positive factor: True Width Disclosed

- Negative factor: Very narrow intercept

- Negative factor: Below weak grade for orogenic underground deposit

Evidence · table

> 1.9

Context: 0.50

### SH-06

[Link to this fact](https://atlas-staging.minestarters.com/news/mandalay-extends-the-storheden-gold-deposit-adjacent-to-the-operating-bj-xf6-rkd--7f91e4ff-2d0d-47f2-9094-84335e8411dc#fact-drill-facts-12)

Storheden · gold

#### Identity

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

#### Geometry

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

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: SH-06:119.3-120.0
- Mining Method: underground

#### Location

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

#### QA/QC

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

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: arsenic

#### Compositing

- Dilution Disclosed: No

#### Review

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

#### Dates

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

Reasoning: A narrow intercept with an exceptional gold grade for an orogenic underground deposit, with true width disclosed, qualifying as a bonanza intercept.

- Positive factor: True Width Disclosed

- Positive factor: Exceptional grade for orogenic underground deposit

- Positive factor: Bonanza Intercept

- Negative factor: Narrow intercept

Evidence · table

> 39.7

Context: 0.70

### SH-06

[Link to this fact](https://atlas-staging.minestarters.com/news/mandalay-extends-the-storheden-gold-deposit-adjacent-to-the-operating-bj-xf6-rkd--7f91e4ff-2d0d-47f2-9094-84335e8411dc#fact-drill-facts-13)

Storheden · gold

#### Identity

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

#### Geometry

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

#### Classification

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

#### Location

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

#### QA/QC

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

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: arsenic

#### Compositing

- Dilution Disclosed: No

#### Review

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

#### Dates

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

Reasoning: A very narrow intercept with a gold grade below the weak threshold for an orogenic underground deposit, though true width is disclosed.

- Positive factor: True Width Disclosed

- Negative factor: Very narrow intercept

- Negative factor: Below weak grade for orogenic underground deposit

Evidence · table

> 1.7

Context: 0.35

### SH-06

[Link to this fact](https://atlas-staging.minestarters.com/news/mandalay-extends-the-storheden-gold-deposit-adjacent-to-the-operating-bj-xf6-rkd--7f91e4ff-2d0d-47f2-9094-84335e8411dc#fact-drill-facts-14)

Storheden · gold

#### Identity

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

#### Geometry

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

#### Classification

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

#### Location

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

#### QA/QC

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

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: arsenic

#### Compositing

- Dilution Disclosed: No

#### Review

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

#### Dates

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

Reasoning: A very narrow intercept with an exceptional gold grade for an orogenic underground deposit, with true width disclosed, qualifying as a bonanza intercept.

- Positive factor: True Width Disclosed

- Positive factor: Exceptional grade for orogenic underground deposit

- Positive factor: Bonanza Intercept

- Negative factor: Very narrow intercept

Evidence · table

> 70.2

Context: 0.45

### SH-07

[Link to this fact](https://atlas-staging.minestarters.com/news/mandalay-extends-the-storheden-gold-deposit-adjacent-to-the-operating-bj-xf6-rkd--7f91e4ff-2d0d-47f2-9094-84335e8411dc#fact-drill-facts-15)

Storheden · gold

#### Identity

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

#### Geometry

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

#### Classification

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

#### Location

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

#### QA/QC

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

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: arsenic

#### Compositing

- Dilution Disclosed: No

#### Review

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

#### Dates

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

Reasoning: A narrow intercept with a gold grade below the weak threshold for an orogenic underground deposit, though true width is disclosed.

- Positive factor: True Width Disclosed

- Negative factor: Narrow intercept

- Negative factor: Below weak grade for orogenic underground deposit

Evidence · table

> 1.9

Context: 2.30

### SH-08

[Link to this fact](https://atlas-staging.minestarters.com/news/mandalay-extends-the-storheden-gold-deposit-adjacent-to-the-operating-bj-xf6-rkd--7f91e4ff-2d0d-47f2-9094-84335e8411dc#fact-drill-facts-16)

Storheden · gold

#### Identity

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

#### Geometry

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

#### Classification

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

#### Location

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

#### QA/QC

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

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: arsenic

#### Compositing

- Dilution Disclosed: No

#### Review

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

#### Dates

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

Reasoning: A very narrow intercept with a gold grade below the weak threshold for an orogenic underground deposit, though true width is disclosed.

- Positive factor: True Width Disclosed

- Negative factor: Very narrow intercept

- Negative factor: Below weak grade for orogenic underground deposit

Evidence · table

> 1.9

Context: 0.50

### SH-08

[Link to this fact](https://atlas-staging.minestarters.com/news/mandalay-extends-the-storheden-gold-deposit-adjacent-to-the-operating-bj-xf6-rkd--7f91e4ff-2d0d-47f2-9094-84335e8411dc#fact-drill-facts-17)

Storheden · gold

#### Identity

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

#### Geometry

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

#### Classification

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

#### Location

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

#### QA/QC

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

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: arsenic

#### Compositing

- Dilution Disclosed: No

#### Review

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

#### Dates

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

Reasoning: A narrow intercept with a gold grade below the weak threshold for an orogenic underground deposit, though true width is disclosed.

- Positive factor: True Width Disclosed

- Negative factor: Narrow intercept

- Negative factor: Below weak grade for orogenic underground deposit

Evidence · table

> 1.0

Context: 0.60

### SH-08

[Link to this fact](https://atlas-staging.minestarters.com/news/mandalay-extends-the-storheden-gold-deposit-adjacent-to-the-operating-bj-xf6-rkd--7f91e4ff-2d0d-47f2-9094-84335e8411dc#fact-drill-facts-18)

Storheden · gold

#### Identity

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

#### Geometry

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

#### Classification

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

#### Location

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

#### QA/QC

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

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: arsenic

#### Compositing

- Dilution Disclosed: No

#### Review

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

#### Dates

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

Reasoning: A very narrow intercept with a gold grade below the weak threshold for an orogenic underground deposit, though true width is disclosed.

- Positive factor: True Width Disclosed

- Negative factor: Very narrow intercept

- Negative factor: Below weak grade for orogenic underground deposit

Evidence · table

> 1.9

Context: 0.50

### SH-09

[Link to this fact](https://atlas-staging.minestarters.com/news/mandalay-extends-the-storheden-gold-deposit-adjacent-to-the-operating-bj-xf6-rkd--7f91e4ff-2d0d-47f2-9094-84335e8411dc#fact-drill-facts-19)

Storheden · gold

#### Identity

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

#### Geometry

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

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: SH-09:104.5-108.0
- Mining Method: underground

#### Location

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

#### QA/QC

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

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: arsenic

#### Compositing

- Dilution Disclosed: No

#### Review

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

#### Dates

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

Reasoning: A narrow intercept with a weak gold grade for an orogenic underground deposit, with true width disclosed.

- Positive factor: True Width Disclosed

- Positive factor: Weak grade for orogenic underground deposit

Evidence · table

> 3.4

Context: 3.50

### SH-09

[Link to this fact](https://atlas-staging.minestarters.com/news/mandalay-extends-the-storheden-gold-deposit-adjacent-to-the-operating-bj-xf6-rkd--7f91e4ff-2d0d-47f2-9094-84335e8411dc#fact-drill-facts-20)

Storheden · gold

#### Identity

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

#### Geometry

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

#### Classification

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

#### Location

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

#### QA/QC

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

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: arsenic

#### Compositing

- Dilution Disclosed: No

#### Review

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

#### Dates

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

Reasoning: A very narrow intercept with a gold grade below the weak threshold for an orogenic underground deposit, though true width is disclosed.

- Positive factor: True Width Disclosed

- Negative factor: Very narrow intercept

- Negative factor: Below weak grade for orogenic underground deposit

Evidence · table

> 2.1

Context: 0.45

### SH-11

[Link to this fact](https://atlas-staging.minestarters.com/news/mandalay-extends-the-storheden-gold-deposit-adjacent-to-the-operating-bj-xf6-rkd--7f91e4ff-2d0d-47f2-9094-84335e8411dc#fact-drill-facts-21)

Storheden · gold

#### Identity

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

#### Geometry

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

#### Classification

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

#### Location

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

#### QA/QC

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

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: arsenic

#### Compositing

- Dilution Disclosed: No

#### Review

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

#### Dates

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

Reasoning: A narrow intercept with a strong gold grade for an orogenic underground deposit, with true width disclosed.

- Positive factor: True Width Disclosed

- Positive factor: Strong grade for orogenic underground deposit

- Negative factor: Narrow intercept

Evidence · table

> 7.3

Context: 3.05

### SH-11

[Link to this fact](https://atlas-staging.minestarters.com/news/mandalay-extends-the-storheden-gold-deposit-adjacent-to-the-operating-bj-xf6-rkd--7f91e4ff-2d0d-47f2-9094-84335e8411dc#fact-drill-facts-22)

Storheden · gold

#### Identity

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

#### Geometry

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

#### Classification

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

#### Location

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

#### QA/QC

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

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: arsenic

#### Compositing

- Dilution Disclosed: No

#### Review

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

#### Dates

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

Reasoning: A very narrow intercept with a moderate gold grade for an orogenic underground deposit, with true width disclosed.

- Positive factor: True Width Disclosed

- Positive factor: Moderate grade for orogenic underground deposit

- Negative factor: Very narrow intercept

Evidence · table

> 5.1

Context: 0.35

### SH-11

[Link to this fact](https://atlas-staging.minestarters.com/news/mandalay-extends-the-storheden-gold-deposit-adjacent-to-the-operating-bj-xf6-rkd--7f91e4ff-2d0d-47f2-9094-84335e8411dc#fact-drill-facts-23)

Storheden · gold

#### Identity

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

#### Geometry

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

#### Classification

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

#### Location

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

#### QA/QC

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

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: arsenic

#### Compositing

- Dilution Disclosed: No

#### Review

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

#### Dates

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

Reasoning: A very narrow intercept with a gold grade below the weak threshold for an orogenic underground deposit, though true width is disclosed.

- Positive factor: True Width Disclosed

- Negative factor: Very narrow intercept

- Negative factor: Below weak grade for orogenic underground deposit

Evidence · table

> 1.5

Context: 0.40

### SH-18

[Link to this fact](https://atlas-staging.minestarters.com/news/mandalay-extends-the-storheden-gold-deposit-adjacent-to-the-operating-bj-xf6-rkd--7f91e4ff-2d0d-47f2-9094-84335e8411dc#fact-drill-facts-24)

Storheden · gold

#### Identity

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

#### Geometry

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

#### Classification

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

#### Location

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

#### QA/QC

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

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: arsenic

#### Compositing

- Dilution Disclosed: No

#### Review

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

#### Dates

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

Reasoning: A narrow intercept with a gold grade below the weak threshold for an orogenic underground deposit, though true width is disclosed.

- Positive factor: True Width Disclosed

- Negative factor: Narrow intercept

- Negative factor: Below weak grade for orogenic underground deposit

Evidence · table

> 1.4

Context: 1.40

### SH-18

[Link to this fact](https://atlas-staging.minestarters.com/news/mandalay-extends-the-storheden-gold-deposit-adjacent-to-the-operating-bj-xf6-rkd--7f91e4ff-2d0d-47f2-9094-84335e8411dc#fact-drill-facts-25)

Storheden · gold

#### Identity

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

#### Geometry

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

#### Classification

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

#### Location

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

#### QA/QC

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

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: arsenic

#### Compositing

- Dilution Disclosed: No

#### Review

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

#### Dates

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

Reasoning: A narrow intercept with a weak gold grade for an orogenic underground deposit, with true width disclosed.

- Positive factor: True Width Disclosed

- Negative factor: Narrow intercept

- Negative factor: Weak grade for orogenic underground deposit

Evidence · table

> 2.7

Context: 0.90

### SH-19

[Link to this fact](https://atlas-staging.minestarters.com/news/mandalay-extends-the-storheden-gold-deposit-adjacent-to-the-operating-bj-xf6-rkd--7f91e4ff-2d0d-47f2-9094-84335e8411dc#fact-drill-facts-26)

Storheden · gold

#### Identity

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

#### Geometry

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

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: SH-19:81.3-82.0
- Mining Method: underground

#### Location

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

#### QA/QC

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

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: arsenic

#### Compositing

- Dilution Disclosed: No

#### Review

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

#### Dates

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

Reasoning: A narrow intercept with a gold grade below the weak threshold for an orogenic underground deposit, though true width is disclosed.

- Positive factor: True Width Disclosed

- Negative factor: Narrow intercept

- Negative factor: Below weak grade for orogenic underground deposit

Evidence · table

> 1.9

Context: 0.70

### SH-19

[Link to this fact](https://atlas-staging.minestarters.com/news/mandalay-extends-the-storheden-gold-deposit-adjacent-to-the-operating-bj-xf6-rkd--7f91e4ff-2d0d-47f2-9094-84335e8411dc#fact-drill-facts-27)

Storheden · gold

#### Identity

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

#### Geometry

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

#### Classification

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

#### Location

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

#### QA/QC

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

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: arsenic

#### Compositing

- Dilution Disclosed: No

#### Review

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

#### Dates

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

Reasoning: A narrow intercept with a gold grade below the weak threshold for an orogenic underground deposit, though true width is disclosed.

- Positive factor: True Width Disclosed

- Negative factor: Narrow intercept

- Negative factor: Below weak grade for orogenic underground deposit

Evidence · table

> 1.3

Context: 1.00

### SH-19

[Link to this fact](https://atlas-staging.minestarters.com/news/mandalay-extends-the-storheden-gold-deposit-adjacent-to-the-operating-bj-xf6-rkd--7f91e4ff-2d0d-47f2-9094-84335e8411dc#fact-drill-facts-28)

Storheden · gold

#### Identity

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

#### Geometry

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

#### Classification

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

#### Location

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

#### QA/QC

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

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: arsenic

#### Compositing

- Dilution Disclosed: No

#### Review

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

#### Dates

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

Reasoning: A very narrow intercept with a weak gold grade for an orogenic underground deposit, with true width disclosed.

- Positive factor: True Width Disclosed

- Negative factor: Very narrow intercept

- Negative factor: Weak grade for orogenic underground deposit

Evidence · table

> 3.1

Context: 0.35

### SH-19

[Link to this fact](https://atlas-staging.minestarters.com/news/mandalay-extends-the-storheden-gold-deposit-adjacent-to-the-operating-bj-xf6-rkd--7f91e4ff-2d0d-47f2-9094-84335e8411dc#fact-drill-facts-29)

Storheden · gold

#### Identity

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

#### Geometry

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

#### Classification

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

#### Location

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

#### QA/QC

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

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: arsenic

#### Compositing

- Dilution Disclosed: No

#### Review

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

#### Dates

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

Reasoning: A narrow intercept with a gold grade below the weak threshold for an orogenic underground deposit, though true width is disclosed.

- Positive factor: True Width Disclosed

- Negative factor: Narrow intercept

- Negative factor: Below weak grade for orogenic underground deposit

Evidence · table

> 1.5

Context: 0.75

### SH-19

[Link to this fact](https://atlas-staging.minestarters.com/news/mandalay-extends-the-storheden-gold-deposit-adjacent-to-the-operating-bj-xf6-rkd--7f91e4ff-2d0d-47f2-9094-84335e8411dc#fact-drill-facts-30)

Storheden · gold

#### Identity

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

#### Geometry

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

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: SH-19:228.0-228.9
- Mining Method: underground

#### Location

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

#### QA/QC

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

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: arsenic

#### Compositing

- Dilution Disclosed: No

#### Review

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

#### Dates

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

Reasoning: A narrow intercept with a gold grade below the weak threshold for an orogenic underground deposit, though true width is disclosed.

- Positive factor: True Width Disclosed

- Negative factor: Narrow intercept

- Negative factor: Below weak grade for orogenic underground deposit

Evidence · table

> 2.2

Context: 0.90

### SH-19

[Link to this fact](https://atlas-staging.minestarters.com/news/mandalay-extends-the-storheden-gold-deposit-adjacent-to-the-operating-bj-xf6-rkd--7f91e4ff-2d0d-47f2-9094-84335e8411dc#fact-drill-facts-31)

Storheden · gold

#### Identity

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

#### Geometry

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

#### Classification

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

#### Location

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

#### QA/QC

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

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: arsenic

#### Compositing

- Dilution Disclosed: No

#### Review

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

#### Dates

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

Reasoning: A very narrow intercept with a gold grade below the weak threshold for an orogenic underground deposit, though true width is disclosed.

- Positive factor: True Width Disclosed

- Negative factor: Very narrow intercept

- Negative factor: Below weak grade for orogenic underground deposit

Evidence · table

> 1.5

Context: 0.50

### SH-20

[Link to this fact](https://atlas-staging.minestarters.com/news/mandalay-extends-the-storheden-gold-deposit-adjacent-to-the-operating-bj-xf6-rkd--7f91e4ff-2d0d-47f2-9094-84335e8411dc#fact-drill-facts-32)

Storheden · gold

#### Identity

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

#### Geometry

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

#### Classification

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

#### Location

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

#### QA/QC

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

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: arsenic

#### Compositing

- Dilution Disclosed: No

#### Review

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

#### Dates

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

Reasoning: A very narrow intercept with a moderate gold grade for an orogenic underground deposit, with true width disclosed.

- Positive factor: True Width Disclosed

- Positive factor: Moderate grade for orogenic underground deposit

- Negative factor: Very narrow intercept

Evidence · table

> 5.6

Context: 0.60

### SH-20

[Link to this fact](https://atlas-staging.minestarters.com/news/mandalay-extends-the-storheden-gold-deposit-adjacent-to-the-operating-bj-xf6-rkd--7f91e4ff-2d0d-47f2-9094-84335e8411dc#fact-drill-facts-33)

Storheden · gold

#### Identity

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

#### Geometry

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

#### Classification

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

#### Location

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

#### QA/QC

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

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: arsenic

#### Compositing

- Dilution Disclosed: No

#### Review

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

#### Dates

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

Reasoning: A very narrow intercept with a gold grade below the weak threshold for an orogenic underground deposit, though true width is disclosed.

- Positive factor: True Width Disclosed

- Negative factor: Very narrow intercept

- Negative factor: Below weak grade for orogenic underground deposit

Evidence · table

> 2.1

Context: 0.50

### SH-21

[Link to this fact](https://atlas-staging.minestarters.com/news/mandalay-extends-the-storheden-gold-deposit-adjacent-to-the-operating-bj-xf6-rkd--7f91e4ff-2d0d-47f2-9094-84335e8411dc#fact-drill-facts-34)

Storheden · gold

#### Identity

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

#### Geometry

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

#### Classification

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

#### Location

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

#### QA/QC

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

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: arsenic

#### Compositing

- Dilution Disclosed: No

#### Review

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

#### Dates

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

Reasoning: A narrow intercept with a gold grade below the weak threshold for an orogenic underground deposit, though true width is disclosed.

- Positive factor: True Width Disclosed

- Negative factor: Narrow intercept

- Negative factor: Below weak grade for orogenic underground deposit

Evidence · table

> 2.2

Context: 0.70

### SH-21

[Link to this fact](https://atlas-staging.minestarters.com/news/mandalay-extends-the-storheden-gold-deposit-adjacent-to-the-operating-bj-xf6-rkd--7f91e4ff-2d0d-47f2-9094-84335e8411dc#fact-drill-facts-35)

Storheden · gold

#### Identity

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

#### Geometry

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

#### Classification

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

#### Location

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

#### QA/QC

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

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: arsenic

#### Compositing

- Dilution Disclosed: No

#### Review

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

#### Dates

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

Reasoning: A narrow intercept with a gold grade below the weak threshold for an orogenic underground deposit, though true width is disclosed.

- Positive factor: True Width Disclosed

- Negative factor: Narrow intercept

- Negative factor: Below weak grade for orogenic underground deposit

Evidence · table

> 1.2

Context: 0.70

### SH-21

[Link to this fact](https://atlas-staging.minestarters.com/news/mandalay-extends-the-storheden-gold-deposit-adjacent-to-the-operating-bj-xf6-rkd--7f91e4ff-2d0d-47f2-9094-84335e8411dc#fact-drill-facts-36)

Storheden · gold

#### Identity

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

#### Geometry

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

#### Classification

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

#### Location

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

#### QA/QC

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

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: arsenic

#### Compositing

- Dilution Disclosed: No

#### Review

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

#### Dates

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

Reasoning: A very narrow intercept with a weak gold grade for an orogenic underground deposit, with true width disclosed.

- Positive factor: True Width Disclosed

- Negative factor: Very narrow intercept

- Negative factor: Weak grade for orogenic underground deposit

Evidence · table

> 2.7

Context: 0.55

### SH-21

[Link to this fact](https://atlas-staging.minestarters.com/news/mandalay-extends-the-storheden-gold-deposit-adjacent-to-the-operating-bj-xf6-rkd--7f91e4ff-2d0d-47f2-9094-84335e8411dc#fact-drill-facts-37)

Storheden · gold

#### Identity

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

#### Geometry

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

#### Classification

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

#### Location

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

#### QA/QC

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

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: arsenic

#### Compositing

- Dilution Disclosed: No

#### Review

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

#### Dates

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

Reasoning: A narrow intercept with a gold grade below the weak threshold for an orogenic underground deposit, though true width is disclosed.

- Positive factor: True Width Disclosed

- Negative factor: Narrow intercept

- Negative factor: Below weak grade for orogenic underground deposit

Evidence · table

> 1.4

Context: 0.60

### SH-21

[Link to this fact](https://atlas-staging.minestarters.com/news/mandalay-extends-the-storheden-gold-deposit-adjacent-to-the-operating-bj-xf6-rkd--7f91e4ff-2d0d-47f2-9094-84335e8411dc#fact-drill-facts-38)

Storheden · gold

#### Identity

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

#### Geometry

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

#### Classification

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

#### Location

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

#### QA/QC

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

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: arsenic

#### Compositing

- Dilution Disclosed: No

#### Review

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

#### Dates

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

Reasoning: A very narrow intercept with an exceptional gold grade for an orogenic underground deposit, with true width disclosed, qualifying as a bonanza intercept.

- Positive factor: True Width Disclosed

- Positive factor: Exceptional grade for orogenic underground deposit

- Positive factor: Bonanza Intercept

- Negative factor: Very narrow intercept

Evidence · table

> 33.0

Context: 0.40

### SH-21

[Link to this fact](https://atlas-staging.minestarters.com/news/mandalay-extends-the-storheden-gold-deposit-adjacent-to-the-operating-bj-xf6-rkd--7f91e4ff-2d0d-47f2-9094-84335e8411dc#fact-drill-facts-39)

Storheden · gold

#### Identity

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

#### Geometry

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

#### Classification

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

#### Location

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

#### QA/QC

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

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: arsenic

#### Compositing

- Dilution Disclosed: No

#### Review

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

#### Dates

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

Reasoning: A very narrow intercept with a weak gold grade for an orogenic underground deposit, with true width disclosed.

- Positive factor: True Width Disclosed

- Negative factor: Very narrow intercept

- Negative factor: Weak grade for orogenic underground deposit

Evidence · table

> 3.3

Context: 0.60

### SH-21

[Link to this fact](https://atlas-staging.minestarters.com/news/mandalay-extends-the-storheden-gold-deposit-adjacent-to-the-operating-bj-xf6-rkd--7f91e4ff-2d0d-47f2-9094-84335e8411dc#fact-drill-facts-40)

Storheden · gold

#### Identity

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

#### Geometry

- Grade: 1.8
- Grade Unit: g/t
- Intercept: 0.8 m
- True Width: 0.66 m
- From: 130.7 m
- To: 131.5 m
- Hole Depth: 299.55 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: SH-21:130.7-131.5
- Mining Method: underground

#### Location

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

#### QA/QC

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

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: arsenic

#### Compositing

- Dilution Disclosed: No

#### Review

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

#### Dates

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

Reasoning: A narrow intercept with a gold grade below the weak threshold for an orogenic underground deposit, though true width is disclosed.

- Positive factor: True Width Disclosed

- Negative factor: Narrow intercept

- Negative factor: Below weak grade for orogenic underground deposit

Evidence · table

> 1.8

Context: 0.80

### SH-22

[Link to this fact](https://atlas-staging.minestarters.com/news/mandalay-extends-the-storheden-gold-deposit-adjacent-to-the-operating-bj-xf6-rkd--7f91e4ff-2d0d-47f2-9094-84335e8411dc#fact-drill-facts-41)

Storheden · gold

#### Identity

- Hole ID: SH-22
- Project: Storheden
- Commodity: gold
- Region: sweden
- Reported Region: Sweden
- Ticker: MND

#### Geometry

- Grade: 3
- Grade Unit: g/t
- Intercept: 0.9 m
- True Width: 0.74 m
- From: 48.3 m
- To: 49.2 m
- Hole Depth: 392.15 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: SH-22:48.3-49.2
- Mining Method: underground

#### Location

- Easting: 764026
- Northing: 7214043
- CRS: SWEREF
- Elevation: 167 m
- Azimuth: 131 °
- Dip: -67 °
- Loc. Confidence: high

#### QA/QC

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

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: arsenic

#### Compositing

- Dilution Disclosed: No

#### Review

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

#### Dates

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

Reasoning: A narrow intercept with a weak gold grade for an orogenic underground deposit, with true width disclosed.

- Positive factor: True Width Disclosed

- Negative factor: Narrow intercept

- Negative factor: Weak grade for orogenic underground deposit

Evidence · table

> 3.0

Context: 0.90

### SH-22

[Link to this fact](https://atlas-staging.minestarters.com/news/mandalay-extends-the-storheden-gold-deposit-adjacent-to-the-operating-bj-xf6-rkd--7f91e4ff-2d0d-47f2-9094-84335e8411dc#fact-drill-facts-42)

Storheden · gold

#### Identity

- Hole ID: SH-22
- Project: Storheden
- Commodity: gold
- Region: sweden
- Reported Region: Sweden
- Ticker: MND

#### Geometry

- Grade: 1.8
- Grade Unit: g/t
- Intercept: 1.75 m
- True Width: 1.34 m
- From: 64 m
- To: 65.75 m
- Hole Depth: 392.15 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: SH-22:64.0-65.75
- Mining Method: underground

#### Location

- Easting: 764026
- Northing: 7214043
- CRS: SWEREF
- Elevation: 167 m
- Azimuth: 131 °
- Dip: -67 °
- Loc. Confidence: high

#### QA/QC

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

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: arsenic

#### Compositing

- Dilution Disclosed: No

#### Review

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

#### Dates

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

Reasoning: A narrow intercept with a gold grade below the weak threshold for an orogenic underground deposit, though true width is disclosed.

- Positive factor: True Width Disclosed

- Negative factor: Narrow intercept

- Negative factor: Below weak grade for orogenic underground deposit

Evidence · table

> 1.8

Context: 1.75

### SH-22

[Link to this fact](https://atlas-staging.minestarters.com/news/mandalay-extends-the-storheden-gold-deposit-adjacent-to-the-operating-bj-xf6-rkd--7f91e4ff-2d0d-47f2-9094-84335e8411dc#fact-drill-facts-43)

Storheden · gold

#### Identity

- Hole ID: SH-22
- Project: Storheden
- Commodity: gold
- Region: sweden
- Reported Region: Sweden
- Ticker: MND

#### Geometry

- Grade: 3
- Grade Unit: g/t
- Intercept: 1.1 m
- True Width: 0.84 m
- From: 70 m
- To: 71.1 m
- Hole Depth: 392.15 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: SH-22:70.0-71.1
- Mining Method: underground

#### Location

- Easting: 764026
- Northing: 7214043
- CRS: SWEREF
- Elevation: 167 m
- Azimuth: 131 °
- Dip: -67 °
- Loc. Confidence: high

#### QA/QC

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

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: arsenic

#### Compositing

- Dilution Disclosed: No

#### Review

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

#### Dates

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

Reasoning: A narrow intercept with a weak gold grade for an orogenic underground deposit, with true width disclosed.

- Positive factor: True Width Disclosed

- Negative factor: Narrow intercept

- Negative factor: Weak grade for orogenic underground deposit

Evidence · table

> 3.0

Context: 1.10

### SH-22

[Link to this fact](https://atlas-staging.minestarters.com/news/mandalay-extends-the-storheden-gold-deposit-adjacent-to-the-operating-bj-xf6-rkd--7f91e4ff-2d0d-47f2-9094-84335e8411dc#fact-drill-facts-44)

Storheden · gold

#### Identity

- Hole ID: SH-22
- Project: Storheden
- Commodity: gold
- Region: sweden
- Reported Region: Sweden
- Ticker: MND

#### Geometry

- Grade: 4.1
- Grade Unit: g/t
- Intercept: 0.4 m
- True Width: 0.33 m
- From: 73.7 m
- To: 74.1 m
- Hole Depth: 392.15 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: SH-22:73.7-74.1
- Mining Method: underground

#### Location

- Easting: 764026
- Northing: 7214043
- CRS: SWEREF
- Elevation: 167 m
- Azimuth: 131 °
- Dip: -67 °
- Loc. Confidence: high

#### QA/QC

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

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: arsenic

#### Compositing

- Dilution Disclosed: No

#### Review

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

#### Dates

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

Reasoning: A very narrow intercept with a moderate gold grade for an orogenic underground deposit, with true width disclosed.

- Positive factor: True Width Disclosed

- Positive factor: Moderate grade for orogenic underground deposit

- Negative factor: Very narrow intercept

Evidence · table

> 4.1

Context: 0.40

### SH-22

[Link to this fact](https://atlas-staging.minestarters.com/news/mandalay-extends-the-storheden-gold-deposit-adjacent-to-the-operating-bj-xf6-rkd--7f91e4ff-2d0d-47f2-9094-84335e8411dc#fact-drill-facts-45)

Storheden · gold

#### Identity

- Hole ID: SH-22
- Project: Storheden
- Commodity: gold
- Region: sweden
- Reported Region: Sweden
- Ticker: MND

#### Geometry

- Grade: 3.2
- Grade Unit: g/t
- Intercept: 0.35 m
- True Width: 0.2 m
- From: 109.85 m
- To: 110.2 m
- Hole Depth: 392.15 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: SH-22:109.85-110.2
- Mining Method: underground

#### Location

- Easting: 764026
- Northing: 7214043
- CRS: SWEREF
- Elevation: 167 m
- Azimuth: 131 °
- Dip: -67 °
- Loc. Confidence: high

#### QA/QC

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

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: arsenic

#### Compositing

- Dilution Disclosed: No

#### Review

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

#### Dates

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

Reasoning: A very narrow intercept with a weak gold grade for an orogenic underground deposit, with true width disclosed.

- Positive factor: True Width Disclosed

- Negative factor: Very narrow intercept

- Negative factor: Weak grade for orogenic underground deposit

Evidence · table

> 3.2

Context: 0.35

### SH-22

[Link to this fact](https://atlas-staging.minestarters.com/news/mandalay-extends-the-storheden-gold-deposit-adjacent-to-the-operating-bj-xf6-rkd--7f91e4ff-2d0d-47f2-9094-84335e8411dc#fact-drill-facts-46)

Storheden · gold

#### Identity

- Hole ID: SH-22
- Project: Storheden
- Commodity: gold
- Region: sweden
- Reported Region: Sweden
- Ticker: MND

#### Geometry

- Grade: 1.3
- Grade Unit: g/t
- Intercept: 0.8 m
- True Width: 0.66 m
- From: 113 m
- To: 113.8 m
- Hole Depth: 392.15 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: SH-22:113.0-113.8
- Mining Method: underground

#### Location

- Easting: 764026
- Northing: 7214043
- CRS: SWEREF
- Elevation: 167 m
- Azimuth: 131 °
- Dip: -67 °
- Loc. Confidence: high

#### QA/QC

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

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: arsenic

#### Compositing

- Dilution Disclosed: No

#### Review

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

#### Dates

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

Reasoning: A narrow intercept with a gold grade below the weak threshold for an orogenic underground deposit, though true width is disclosed.

- Positive factor: True Width Disclosed

- Negative factor: Narrow intercept

- Negative factor: Below weak grade for orogenic underground deposit

Evidence · table

> 1.3

Context: 0.80

## 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.
