MHC
Director Trades
| Date | Director | Value |
|---|---|---|
| K. Nielsen | $30,000 | |
| M. Cardaci | $100,000 |
Company News
Manhattan Corporation to acquire Hook Lake gold-polymetallic VMS project in Canada
Perth-headquartered Manhattan Corporation (ASX: MHC) is set to add a high-grade Canadian gold asset to its growing global multi-element portfolio, signing a binding agreement to acquire 100% of the Hook Lake project. Located in eastern Nunavut, Hook Lake hosts the Turquetil Lake high-grade gold deposit and several additional gold and polymetallic volcanogenic massive sulphide prospects. […]
Uranium shortage looms as miners race to supply existing and new reactors
The days of buying US$40 per pound uranium are over — and also probably at US$50 or US$60, Cameco chief financial officer, Grant Isaac, said over the weekend. “We’re going to need new supplies,” he added, reflecting the market view now held by the operator of the world’s largest uranium mine, Cigar Lake in Canada. […]
Manhattan Corporation to launch extensive exploration campaign at Tibooburra gold project
Junior explorer Manhattan Corporation (ASX: MHC) has confirmed it will mobilise a rig and technical crew to site in preparation for an extensive exploration campaign at its flagship Tibooburra project in New South Wales’ emerging Koonenberry gold district. The 10,000m reverse circulation campaign will comprise multiple smaller programs targeting the Main Zone, Pioneer, Western Lode, […]
Manhattan Corporation hits high-grade gold at Tibooburra project
Perth-based junior Manhattan Corporation (ASX: MHC) has intersected “significant” gold mineralisation in all holes of a drilling campaign at its Tibooburra project in northern New South Wales. The company has received all results from 20 reverse circulation holes for a total 2,100 metres within the high-grade Main Zone of the New Bendigo prospect at the […]
Gold is the big story in town as investors rush into penny stocks
Scratch a financial advisor and ask about investing in gold – it is almost certain one of their suggestions will be to buy companies actually producing the metal and, preferably, paying a dividend. But Monday saw the market action elsewhere and the cheaper the stock, the more enthusiasm. There are various currents swirling in the […]
Manhattan scores 32 successes out of 32 holes drilled at Tibooburra, hits new high-grade gold area
Former uranium hopeful Manhattan Corporation (ASX: MHC) has added to the rapidly growing New South Wales gold story with another shallow high-grade hit at its Tibooburra project 200km north of Broken Hill. The company reported an intersection of 7m at 18.16 grams per tonne gold, with mineralisation beginning at 87m below surface. This was located […]
Manhattan acquires NSW gold project through Awati Resources takeover
Manhattan Corporation (ASX: MHC) is acquiring a 100% interest in the high-grade Tibooburra gold project in New South Wales through the takeover of Perth-based gold explorer Awati Resources. The mineral explorer today announced the initiation of its high-grade gold strategy by inking a heads of agreement to acquire Awati as a wholly-owned subsidiary. According to […]
Manhattan Corporation returns record intervals at Joshua copper project, signs joint venture with Helix Resources
Mineral explorer Manhattan Corporation (ASX: MHC) has returned the highest intervals of copper ever intersected at the large-scale Joshua project in Chile, during a 3000 metre drilling program to expand the known extent of the project’s copper-bearing porphyry system. The intervals were returned from a newly-identified, strongly-altered hydrothermal breccia and demonstrate the grade potential and […]
