Emerging Goldfield With Proven High Grade Gold Discovery
Manhattan Corporation Limited (ASX:MHC) is an emerging exploration company focused on advancing its flagship Tibooburra Gold Project located in the Koonenberry Gold District, north of Broken Hill, New South Wales, Australia
Drilling recommenced in March 2022 and MHC anticipates drilling to span multiple campaigns until mid-2022.
Projects
Tibooburra Gold Project
The Tibooburra Gold Project comprises a land package covering ~ 220km of significantly under explored gold mineralised strike of deep-seated gold bearing structures associated with the Koonenberry and New Bendigo Regional Fault Structures within MHC’s 100% controlled tenure.
Drilling is underway at the project with ongoing drilling continuing to intersect significant mineralisation, the company anticipates drilling to span multiple campaigns until mid-2022
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Ponton Uranium Project
Manhattan’s Ponton uranium project is located approximately 200km northeast of Kalgoorlie on the edge of the Great Victoria Desert in WA. The Company has 100% control of around 460km2 of exploration tenements underlain by Tertiary palaeochannels within the Gunbarrel Basin. These palaeochannels are known to host a number of uranium deposits and drilled uranium prospects. The Company has drill tested and defined relatively shallow (50 to 70 meters deep) palaeochannel sand hosted uranium mineralisation amenable to in-situ metal recovery (ISR).
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