EXPLORATION UPDATES: WATCH VIDEOS 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. NEWS November 9, 2021 Mandalay Resources Corporation Announces Financial Results for the Third Quarter of 2021 more November 4, 2021 Mandalay Resources Corporation Announces Target Release Date for Third Quarter 2021 Financial Results and Conference Call more October 26, 2021 Mandalay Resources Corporation Reports High-Grade Gold Discovered at the Brown’s Prospect – 2 km From the Shepherd Discovery and Youle Mine more LATEST PRESENTATION Q3 2021 PRODUCTION Q3 2021 FINANCIALS LIVING OUR VALUES SAFETY RESPONSIBILITY VALUE CREATION INTEGRITY PERFORMANCE & INNOVATION AGILITY Our mission is to build a long-lived, values-based and value-focused organization founded on safe and efficient work practices, continuous improvement, fiscal responsibility, and effective relationships with stakeholders. SUBSCRIBE TO EMAIL UPDATES SIGN UP MANDALAY RESOURCES 76 Richmond Street East Suite 330 Toronto, ON M5C 1P1 Canada PHONE +1 647 260 1566 ABOUT US OPERATIONS SUSTAINABILITY INVESTORS MEDIA NEWS CONTACT INFORMATION TO ENTREPRENEURS © 2021 Mandalay Resources All Rights Reserved.

INVESTORS FINANCIAL REPORTS 2021 Third Quarter Report FS MD&A Press Release Second Quarter FS MD&A Press Release First Quarter Report FS MD&A Press Release 2020 2019 2018 2017 2016 2015 2014 2013 2012 WHY INVEST INVESTOR CENTRE INVESTOR PRESENTATIONS STOCK INFORMATION FINANCIAL REPORTS QUARTERLY CALL RECORDINGS ANALYST COVERAGE ANNUAL INFORMATION FORM EVENTS AGM SUBSCRIBE TO EMAIL UPDATES SIGN UP MANDALAY RESOURCES 76 Richmond Street East Suite 330 Toronto, ON M5C 1P1 Canada PHONE +1 647 260 1566 ABOUT US OPERATIONS SUSTAINABILITY INVESTORS MEDIA NEWS CONTACT INFORMATION TO ENTREPRENEURS © 2021 Mandalay Resources All Rights Reserved.

INVESTORS INVESTOR PRESENTATIONS NOVEMBER 2021 Corporate Presentation View PDF WHY INVEST INVESTOR CENTRE INVESTOR PRESENTATIONS STOCK INFORMATION FINANCIAL REPORTS QUARTERLY CALL RECORDINGS ANALYST COVERAGE ANNUAL INFORMATION FORM EVENTS AGM SUBSCRIBE TO EMAIL UPDATES SIGN UP MANDALAY RESOURCES 76 Richmond Street East Suite 330 Toronto, ON M5C 1P1 Canada PHONE +1 647 260 1566 ABOUT US OPERATIONS SUSTAINABILITY INVESTORS MEDIA NEWS CONTACT INFORMATION TO ENTREPRENEURS © 2021 Mandalay Resources All Rights Reserved.

INVESTORS WHY INVEST WHY INVEST INVESTOR CENTRE INVESTOR PRESENTATIONS STOCK INFORMATION FINANCIAL REPORTS QUARTERLY CALL RECORDINGS ANALYST COVERAGE ANNUAL INFORMATION FORM EVENTS AGM SUBSCRIBE TO EMAIL UPDATES SIGN UP MANDALAY RESOURCES 76 Richmond Street East Suite 330 Toronto, ON M5C 1P1 Canada PHONE +1 647 260 1566 ABOUT US OPERATIONS SUSTAINABILITY INVESTORS MEDIA NEWS CONTACT INFORMATION TO ENTREPRENEURS © 2021 Mandalay Resources All Rights Reserved.