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Mandalay Resources Corporation

11:35 AM EST - Mandalay Resources Corporation : Announced its exploration efforts in 2015 and the first three quarters of 2016 have resulted in substantially increased Mineral Resources and Mineral Reserves at its Björkdal open pit and underground gold mine in Sweden. In the Measured and Indicated Resource categories after mining depletion, contained gold increased from 598,000 ounces as of December 31, 2015, to 911,000 ounces as of September 30, 2016. Mandalay Resources Corporation shares T.MND are trading down $0.03 at $0.69.