Manhattan Corporation ( (AU:MHC) ) just unveiled an announcement.
Manhattan Corporation Limited reported significant progress in its exploration activities during the March 2025 quarter. Novo Resources Corporation, which is earning a 70% interest in the Tibooburra Gold Project, completed initial exploration and identified high-grade gold mineralization at the Clone Prospect. Novo plans to commence drilling in late April 2025. Additionally, Manhattan has advanced its Chebogue Lithium Project in Canada, receiving necessary permits and planning geophysical surveys to identify drilling targets. These developments are expected to enhance Manhattan’s operational capabilities and strengthen its position in the mineral exploration industry.
More about Manhattan Corporation
Manhattan Corporation Limited is involved in the exploration and development of mineral resources, focusing on precious and base metals. The company is engaged in projects such as the Tibooburra Gold Project in New South Wales, Australia, and the Chebogue Lithium Project in Nova Scotia, Canada.
YTD Price Performance: 410.0%
Average Trading Volume: 2,571
Technical Sentiment Signal: Buy
Current Market Cap: $2.57M
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