TORONTO, June 30, 2014 /CNW/ - Mandalay Resources Corporation
("Mandalay") (TSX: MND) announced today that an independent scientific
report by Golder Associates, commissioned by the government of the
State of Victoria in response to community concerns about exposure to
antimony in the area and its potential impact on human health, has
found levels of antimony in the environment that are elevated, but well
below those that are likely to cause adverse health effects for local
residents. The report also notes that the Costerfield area has
naturally occurring elevataed levels of antimony in soil and there has
been extensive historical mining of antimony in the area. Preliminary
testing of fugitive dust originating from Mandalay Resources'
Costerfield operations has not shown any significant levels of
The Golder report included analysis of 149 samples for antimony and
other metals and an ambient air monitoring program.
Key findings of the report include:
the Costerfield area is geologically endowed with naturally high
antimony due to the same geologic processes that formed the
gold-antimony mineral deposits that have been mined for over 150 years.
The report did not consider the specific source of elevated antimony
levels locally found in soils in the area, but noted that the antimony
could be of natural origin, related to historical mining or due to
current mining operations;
preliminary ambient air monitoring detected low particulate levels with
low antimony levels;
while elevated antimony was detected in water and soil samples, the
levels are sufficiently low that adverse health effects are unlikely
for both adults and children (and the Victoria government's senior
medical advisor has noted that the overall level of exposure for
residents is "well below the safe limit for lifetime exposure set by
the World Health Organization") (Golder, 2014); and
a recommendation that further investigations and a comprehensive risk
assessment be conducted. This recommendation is focused specifically on
ways to reduce antimony exposure for residents.
In response to the community concerns, the Victoria government has
directed Mandalay to put a number of additional dust suppression
measures in place at the Costerfield mine. These measures were promptly
implemented and have reduced further the already low levels of dust
from the mine. Additional work will be undertaken to further improve
the mine's system of dust monitoring and control.
Mandalay is committed to operating its mines safely without causing any
potentially harmful environmental impacts. Mandalay has been actively
cooperating with and working closely with the Victoria government and
community members to discuss and address these concerns and will
continue to work with all parties as the ongoing investigations and the
comprehensive risk assessment recommended by Golder moves forward. A
long-standing member of the Costerfield community, Mandalay is
committed to its work as a good corporate citizen and to participating
in discussions with the community.
The full Golder report, and additional information relating the Victoria
government's assessment of antimony exposure in the Costerfield area,
can be found here: http://www.energyandresources.vic.gov.au/earth-resources/information-for-community-and-landholders/latest-information-for-costerfield-residents.
About Mandalay Resources Corporation
Mandalay Resources is a Canadian-based natural resource company with
producing assets in Australia and producing and development projects in
Chile. Mandalay 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 and the Americas to generate
near-term cash flow and shareholder value.
SOURCE: Mandalay Resources Corporation
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