Mandalay Resources Corporation Completes Purchase of Challacollo Silver-Gold Project
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Goodmans represented Mandalay Resources Corporation (Mandalaly) in connection with its purchase of Silver Standard Resources Inc.'s (Silver Standard) 100% interest in the Challacollo silver-gold project in Region I, Northern Chile for approximately US$16.7 million.
Mandalay is a Canadian-based natural resource company with producing assets in Australia and exploration projects in Chile.
Silver Standard is a Vancouver-based mining company with assets throughout the Americas. It operates the Pirquitas mine in Jujuy, Argentina, which is one of the largest primary silver mines in the world.