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The latest update is out from Manhattan Corporation ( (AU:MHC) ).
Manhattan Corporation has announced promising assay results from its Hook Lake Project, highlighting significant expansion potential at the Jaws deposit and identifying new high-grade precious metal occurrences at the Quantum and Lotus prospects. The project has revealed three separate polymetallic targets, with notable zinc and copper mineralization at the Skyfall and Silva VMS prospects. These findings suggest a substantial precious and base metal district, enhancing Manhattan’s exploration pipeline and positioning the company strategically in the mining sector.
More about Manhattan Corporation
Manhattan Corporation Limited is involved in the mining industry, focusing on the exploration and development of precious and base metal resources. The company’s primary activities include identifying and evaluating mineral prospects, with a market focus on metals essential for electrification and infrastructure, such as copper and zinc, as well as precious metals like gold and silver.
YTD Price Performance: 47.37%
Average Trading Volume: 906,614
Technical Sentiment Signal: Sell
Current Market Cap: A$15.61M
For detailed information about MHC stock, go to TipRanks’ Stock Analysis page.