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

Rhea-AI Summary

Mandalay Resources Corporation (MNDJF) will release its third quarter 2021 financial results after market close on November 9, 2021. Following this, a conference call with President and CEO Dominic Duffy will be held on November 10, 2021, at 8:00 AM (Toronto time) for investors and analysts. The company focuses on mining operations in Australia, Sweden, and Chile, aiming to enhance production and reduce costs for substantial cash flow. Key objectives include mining high-grade ore at Costerfield and increasing production at Björkdal.

Positive

• Focus on growing production and reducing costs for significant cash flow.
• Ongoing exploration programs at Costerfield and Björkdal to enhance resource reserves.

Negative

• None.

TORONTO, Nov. 04, 2021 (GLOBE NEWSWIRE) -- Mandalay Resources Corporation (“Mandalay” or “the Company”) (TSX: MND, OTCQB: MNDJF) announces that its third quarter 2021 financial results will be released after market close on November 09, 2021, followed by a conference call with Dominic Duffy, President and Chief Executive Officer of Mandalay for investors and analysts on November 10, 2021, at 8:00 AM (Toronto time).

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

Participant Number (Toll free):	(800) 582-0984
Participant Number:	(212) 231-2912
Conference ID:	13724968

A replay of the conference call will be available until 11:59 PM (Toronto time), November 24, 2021, and can be accessed using the following dial-in number:

Encore Toll Free Dial-in Number:	(877) 660-6853
Encore ID:	13724968

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), Sweden (Björkdal gold mine) and Chile (Cerro Bayo gold-silver mine). 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 to extend Youle’s Mineral Reserves at depth and to the south, as well as continuing the regional exploration program. 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 and continue exploration in near mine and regional.

FAQ

When will Mandalay Resources release its third quarter 2021 financial results?

Mandalay Resources will release its third quarter 2021 financial results after market close on November 9, 2021.

What are the details of the conference call for Mandalay Resources?

The conference call will take place on November 10, 2021, at 8:00 AM (Toronto time) with President and CEO Dominic Duffy.

What is Mandalay Resources' primary business focus?

Mandalay Resources focuses on mining operations in Australia, Sweden, and Chile, particularly on gold and silver production.

What are Mandalay Resources' key objectives for its mining operations?

The company aims to mine high-grade ore at Costerfield and increase production from the Aurora zone at Björkdal.

How can investors participate in Mandalay Resources' conference call?

Investors can join the call using the toll-free participant number (800) 582-0984 or (212) 231-2912.