Mansfield Completes Drilling at Arizaro-Results from First 5 Drill Holes

Mansfield Minerals Inc. (MDR.V) has concluded a 2,983 metre (13 hole) diamond drilling program on its Arizaro gold-copper porphyry discovery, located in Salta Province, Argentina. The Arizaro project is located immediately adjacent (3 km southeast) to the Company's feasibility stage, permitted Lindero gold heap leach project and exhibits a deeper oxide weathering profile.

The near surface oxide gold potential of the Arizaro porphyry system is being assessed as a potential add on that could significantly extend the Lindero planned mine life.

The focus of the drill program was to test lateral and depth extensions of the shallow (less than 300 metres vertical) gold mineralization previously encountered.

The Company today reported selected drill hole assay results from the first five holes.

0.73 g/t Au over 34 metres in hole ARD-17

0.80 g/t Au over 44 metres in hole ARD-18

0.69 g/t Au over 42 metres in hole ARD-19

0.44 g/t Au over 334 metres, including 0.66 g/t Au over 94 metres in hole ARD-21.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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