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Manhattan Corporation ( (AU:MHC) ) has provided an update.
Manhattan Corporation Ltd has expanded its Hook Lake Project by staking new mineral claims and applying to extend an exploration agreement, increasing its exploration footprint to over 580 km² in a highly prospective area of Nunavut, Canada. This expansion positions the company to potentially host multiple gold and VMS discoveries, with a high-resolution magnetic survey and assay results from initial fieldwork expected soon, marking a significant step in its exploration strategy.
More about Manhattan Corporation
Manhattan Corporation Ltd is involved in the mining industry, focusing on gold exploration and development. The company is expanding its operations in the Rankin Inlet-Ennadai Greenstone Belt in Nunavut, Canada, known for its rich Archaean greenstone gold potential and volcanogenic massive sulphide systems.
YTD Price Performance: 15.79%
Average Trading Volume: 648,464
Technical Sentiment Signal: Sell
Current Market Cap: A$12.82M
Find detailed analytics on MHC stock on TipRanks’ Stock Analysis page.