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Manhattan Corporation ( (AU:MHC) ) has shared an update.
Manhattan Corporation Ltd has completed its maiden fieldwork program at the Hook Lake Project, revealing extensive mineralized outcrops and initiating the first high-resolution magnetic survey in the area. This program marks a significant step towards a maiden drilling campaign planned for April 2026, with the potential to uncover substantial gold and polymetallic VMS resources. The company is actively engaging with local communities and stakeholders to facilitate the next phase of exploration, highlighting the project’s promising potential and strategic importance.
More about Manhattan Corporation
Manhattan Corporation Ltd is involved in the exploration and development of mineral resources, focusing primarily on gold and polymetallic volcanogenic massive sulphide (VMS) deposits. The company is currently advancing its Hook Lake Project in southeastern Nunavut, Canada, which hosts the Jaws High Grade Gold deposit and several other prospects.
YTD Price Performance: 15.79%
Average Trading Volume: 682,775
Technical Sentiment Signal: Sell
Current Market Cap: A$12.26M
See more data about MHC stock on TipRanks’ Stock Analysis page.