Mandalay Resources Corp (MNDJF)

[NYBob]

$MANDALAY RESOURCES CORPORATION CONFIRMS EXCELLENT
RESULTS FROM ITS BJÖRKDAL EASTWARD MINE EXTENSION
DRILLING AND REPORTS ENCOURAGING RESULTS FROM THE
NORTH ZONE DRILLING PROGRAM
TORONTO, ON, June 21, 2022 –

$BJÖRKDAL GOLD MINE, SWEDEN -


https://mandalayresources.com/site/assets/files/3469/2022_06_21_eastern_extension_and_north_zone.pdf

MANDALAY RESOURCES CORPORATION INTERSECTS 1,780 G/T
GOLD OVER 0.17 M IN ITS COSTERFIELD REGIONAL DRILLING
PROGRAM AT THE ROBINSON PROSPECT

$COSTERFIELD GOLD & ANTIMONY MINE IN AUSTRALIA - beside Fosterville
Kirklands Lake highgrade mine


The initial four holes in the 2022 Robinson program have intercepted visible gold
in the immediate surrounds of the historic Robinson Mine approximately 2 km
from Costerfield’s
operating underground infrastructure.
TORONTO, ON, June 09, 2022

https://mandalayresources.com/site/assets/files/3465/2022_06_09_robinson_exploration_v2.pdf

For Further Information
Dominic Duffy
President and Chief Executive Officer
Edison Nguyen
Director, Business Valuations and Investor Relations
Contact:
647.260.1566 ext. 1
About Mandalay Resources Corporation
Mandalay Resources is a Canadian-based natural resource company with producing assets in
Australia (Costerfield gold-antimony mine) and Sweden (Björkdal gold mine). The Company is
focused on growing its production and reducing costs to generate significant positive cashflow.
Mandalay is committed to operating safely and in an environmentally responsible manner, while
developing a high level of community and employee engagement.
Mandalay’s mission is to create shareholder value through the profitable operation and
continuing the regional exploration program, at both its Costerfield and Björkdal mines.
Currently, the Company’s main objectives are to continue mining the high-grade Youle vein at
Costerfield, bring online the deeper Shepherd veins, both of which will continue to supply highgrade ore to the processing plant, and to extend Youle Mineral Reserves. At Björkdal, the
Company will aim to increase production from the Aurora zone and other higher-grade areas in
the coming years, in order to maximize profit margins from the mine.
Forward-Looking Statements:
This news release contains "forward-looking statement
HIGH-POTENTIAL EXPLORATION UPSIDE

CONTINUING REGIONAL EXPLORATION

programs on known targets; seeking repetition of mineralization

BJÖRKDAL

Extensional drilling at aurora
Defining mineralization and assessing the economics of the high-grade skarn deposit

FULLY-FUNDED

Cash position of $34.2M at 2020 year-end affords Mandalay with the
financial flexibility to continue funding its exploration programs and
sets the Company up for future profitability and growth

COSTERFIELD
High-grade Youle vein the major growth catalyst

BJÖRKDAL
Ramping up underground production, focusing on higher-cash margin ore

2021 GUIDANCE
LATEST PRESENTATION
Q4 2020 PRODUCTION REPORT
Q4 AND YE2020 FINANCIAL
2020 RESERVES AND RESOURCES

https://mandalayresources.com/investors/why-invest/

https://mandalayresources.com/news/mandalay-resources-corporation-discovers-new-gold-rich-structural-domain-below-the-youle-mine-1/

https://mandalayresources.com/investors/investor-presentations/

https://www.mandalayresources.com


$In GOD We Trust - Real Money - AU Safety 6000yrs )



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Gold & Silver is the only REAL Legal Tender -

by The Founding Fathers for your -

Rights, Liberty and Freedom -

http://www.biblebelievers.org.au/monie.htm

GOLD STANDARD; THE REAL LEGAL MONEY:

https://www.cs.mcgill.ca/~rwest/wikispeedia/wpcd/wp/g/Gold_standard.htm#:~:text=Advocates%20of%20a%20variety%20of,basis%20for%20a%20monetary%20system.

https://www.usdebtclock.org/

https://www.worldometers.info/coronavirus/country/us/

https://www.whatdoesitmean.com/index.htm

God Bless.