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Mandalay Resources Corporation

09:58 AM EST - Mandalay Resources Corporation : Provided an update on the encouraging results from the Björkdal Depth Testing drilling program. In all, 15 veins containing significant grades have been intercepted with inferred strike extensions of up to and over 300 metres ("m"). Standout intercepts identified: ? 92.2 g/t gold over a true width of 0.40 m in MU20-021; 32.5 g/t gold over a true width of 1.1 m in MU20-021; 16.4 g/t gold over a true width of 1.11 m in MU20-022. Mandalay Resources Corporation shares T.MND are trading down $0.01 at $2.24.