09:36 AM EST - Mandalay Resources Corporation : Announced updated Mineral Resources and Reserves estimates for its Costerfield gold-antimony mine in Victoria, Australia and its Björkdal gold mine in Skellefteå, Sweden as at December 31, 2020. All dollar amounts in this press release are in U.S. dollars unless otherwise noted. At Costerfield, Proven and Probable Mineral Reserves for contained gold and antimony increased by 25% and 22%, respectively, net of depletion for 2020 production; Extended mine life by one year to 2024, net of depletion for 2020 production; Development on Youle has lifted confidence and almost doubled the Proven Reserves; Successful depth extension drilling on Youle grows Resources; and Due to significant production of high-grade ore from Youle in 2020, Mineral Reserves now include a significant stockpile of ore. Mandalay Resources Corporation
shares T.MND are trading unchanged at $2.15.
