10:15 AM EST - Mandalay Resources Corporation : Provided an update on drilling progress at its Costerfield operation in Victoria, Australia. Further diamond drilling underneath the Youle orebody has resolved the Shepherd Zone into five distinct veins. These veins are grouped into the Eastern and Western horizons veins as described within the previous Shepherd Zone updat. The Eastern veining group has been extended to the south and can be traced over 400 m of strike, and approximately 100 m of vertical extent. The Shepherd system still remains open to the north, south and at depth with the southernmost drillhole showing persistent veining with significant gold and antimony grade. Mandalay Resources Corporation
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