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Mandalay Resources Corporation

Published : April 10th, 2007

Appointment Of Director

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Keywords :   Chile | Copper | Silver |
======================================================================
Appointment Of Director
======================================================================

April 10, 2007, Vancouver, BC: Mandalay Resources Corporation
(TSX.V:MLR) (the "Company") is pleased to announce the appointment of
Marcelin O'Neill as a director of the Company. Ms. O'Neill, who has
resigned as Corporate Secretary of the Company, was appointed as a
director on April 5, 2007 to fill the vacancy created by the
resignation of Brian Stewart (as disclosed in the Company's press
release dated March 19, 2007). Since 1994 Ms. O'Neill has worked for
such companies as Augusta Resource Corporation, Westcoast Energy Inc.,
and the Lundin Group. She has a Business Management background, and
has successfully completed the Canadian Securities Course and the
Conduct and Practices Handbook Course, both with honours. Ms. O'Neill
brings a varied scope of knowledge to the Mandalay team.

For clarity, the Company's directors and officers are now comprised of
the following:

Karl Antonius: President, Chief Executive Officer and Director
Faisal Saleh: Chief Financial Officer and Director
Jim Halloran: Director
Marcelin O'Neill: Director


About Mandalay Resources Corporation:
Mandalay Resources owns 100% of the La Quebrada Project; a 15,150
hectare copper-silver prospect located approximately 25-kilometers
northeast of the major port of La Serena-Coquimbo, in northern Chile.


On behalf of the Board of Directors:
MANDALAY RESOURCES CORPORATION

/s Karl Antonius

Karl Antonius
President


THE TSX VENTURE EXCHANGE HAS NOT YET REVIEWED AND DOES NOT TAKE
RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS
RELEASE.

======================================================================
Copyright (c) 2007 MANDALAY RESOURCES CORPORATION (MLR) All rights
reserved. For more information visit our website at
http://www.mandalayresources.com/ or send
mailto:contact@mandalayresources.com
======================================================================

.
Data and Statistics for these countries : Chile | All
Gold and Silver Prices for these countries : Chile | All

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Mandalay Res. is a gold and silver producing company based in Canada.

Mandalay Res. produces gold, silver, antimony in Australia, develops gold and silver in Chile, and holds various exploration projects in Canada and in Chile.

Its main asset in production is COSTERFIELD in Australia, its main asset in development is CERRO BAYO in Chile and its main exploration properties are OTISH (BARD) and KING in Canada and EL PUCLARO in Chile.

Mandalay Res. is listed in Canada and in Germany. Its market capitalisation is CA$ 18.7 millions as of today (US$ 14.4 millions, € 12.8 millions).

Its stock quote reached its highest recent level on October 11, 1996 at CA$ 2.15, and its lowest recent point on December 24, 2015 at CA$ 0.01.

Mandalay Res. has 416 131 978 shares outstanding.

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