MANDALAY RESOURCES REPORTS ENCOURAGING NEAR-MINE EXPLORATION RESULTS FROM THE EASTERN EXTENSION AND NORTH ZONE DRILLING PROGRAMS

Mandalay Resources Corporation ("Mandalay" or the "Company") (TSX: MND) (OTCQB: MNDJF) is pleased to provide an update on the Eastern Extension and North Zone drilling programs at its Björkdal operation in Sweden.

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