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Equus to ramp-up drilling as exercises Cerro Bayo option

Exploration is priority

Paul Harris
Mandalay Resources' Cerro Bayo in Chile

Mandalay Resources' Cerro Bayo in Chile

With the market capitalisation of Equus currently about A$22 million, that represents a purchase price of just over A$4 million. The NSR will kick-in once the mine has produced at least 50,000 ounces...

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