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Mandalay Resources Provides Target Release Date for First Quarter 2021 Financial Results and Conference Call

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Mandalay Resources Corporation (MNDJF) will release its first quarter 2021 financial results after market close on May 12, 2021. A conference call for investors and analysts will follow on May 13, 2021, at 8:00 AM Toronto time, hosted by CEO Dominic Duffy. The call can be accessed via participant numbers (201) 689-8341 and (877) 407-8289. Mandalay operates the Costerfield gold-antimony mine in Australia and the Björkdal gold mine in Sweden, focusing on increasing production and enhancing profitability.

Positive
  • Focus on increasing production at Costerfield and Björkdal to maximize profit margins.
  • Continued mining of the high-grade Youle vein expected to supply valuable ore.
Negative
  • None.

TORONTO, May 10, 2021 (GLOBE NEWSWIRE) -- Mandalay Resources Corporation (“Mandalay” or “the Company”) (TSX: MND, OTCQB: MNDJF) announces that its first quarter 2021 financial results will be released after market close on May 12, 2021, followed by a conference call with Dominic Duffy, President and Chief Executive Officer of Mandalay, for investors and analysts on May 13, 2021, at 8:00 AM (Toronto time).

Analysts and interested investors are invited to participate using the following dial-in numbers:

Participant Number:(201) 689-8341
Participant Number (Toll free):(877) 407-8289
Conference ID:13719805

A replay of the conference call will be available until 11:59 PM (Toronto time), May 27, 2021, and can be accessed using the following dial-in number:

Encore Toll Free Dial-in Number:(877) 660-6853
Encore ID:13719805

For Further Information:

Dominic Duffy
President and Chief Executive Officer

Edison Nguyen
Manager, Analytics and Investor Relations

Contact:
(647) 260-1566

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), with projects in Chile and Canada under care and maintenance or development statuses. The Company is focused on growing its production and reducing costs to generate significant positive cashflow.

Mandalay’s mission is to create shareholder value through the profitable operation of both its Costerfield and Björkdal mines. Currently, the Company’s main objective is to continue mining the high-grade Youle vein at Costerfield, which continues to supply high-grade ore, and also focus on extending Youle’s Mineral Reserves at depth. At Björkdal, the Company will aim to increase production from the Aurora zone in the coming years to maximize profit margins from the mine.


FAQ

When will Mandalay Resources release its Q1 2021 financial results?

Mandalay Resources will release its Q1 2021 financial results after market close on May 12, 2021.

What time is the Mandalay conference call for Q1 2021 results?

The conference call is scheduled for May 13, 2021, at 8:00 AM Toronto time.

How can I access the Mandalay Resources conference call?

To access the call, use participant number (201) 689-8341 or toll-free (877) 407-8289.

What is Mandalay Resources' main focus currently?

Mandalay is focused on increasing production at Costerfield and Björkdal and mining the high-grade Youle vein.

MANDALAY RES CORP

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240.85M
67.81M
1.68%
77.07%
Gold
Basic Materials
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United States of America
Toronto