11:42 AM EST - Mandalay Resources Corporation : announced that its exploration efforts during 2011 have resulted in significant increases to its silver (Ag), gold (Au) and antimony (Sb) reserves relative to the amounts estimated in previous technical reports for its Cerro Bayo, Chile and Costerfield, Australia mines. Mandalay's contained Ag reserves have more than doubled, contained Au reserves have increased by 85%, and the Sb reserves mined in 2011 have been replaced. Mandalay Resources Corporation
shares T.MND are trading up $0.05 at $0.80.
