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Manhattan Gold Sharpens Exploration Strategy at Hook Lake and Tibooburra

Story Highlights
  • Manhattan Gold updates its Hook Lake project with digitised historic data and new geophysics.
  • The company outlines a 2026 drilling strategy and highlights progress at its Tibooburra farm-in.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Manhattan Gold Sharpens Exploration Strategy at Hook Lake and Tibooburra

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Manhattan Corporation ( (AU:MHC) ) has issued an update.

Manhattan Gold has released a new corporate presentation incorporating recently completed mapping and digitisation of historic datasets at its Hook Lake Gold Project in Nunavut, Canada. The integrated work, combining historic information with high-grade rock chip assays, magnetic survey data and refined geological interpretation, significantly improves the company’s understanding of structural controls, mineralised trends and priority drill targets across the project.

The updated presentation details the 2026 exploration strategy, including permitting progress and a staged drill program targeting orogenic gold, high-grade zinc-copper-gold-silver VMS mineralisation and banded iron formations over the broader Hook Lake tenure. It also provides updated information on assay results from Novo Resources’ farm-in at the northern portion of the Tibooburra Gold Project, underscoring Manhattan Gold’s plans to advance both projects through systematic exploration programs in 2026 with regular updates to shareholders.

The most recent analyst rating on (AU:MHC) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Manhattan Corporation stock, see the AU:MHC Stock Forecast page.

More about Manhattan Corporation

Manhattan Gold Limited is an ASX-listed mineral exploration company focused on gold and associated base metals. Its core assets include the Hook Lake Gold Project in Nunavut, Canada, where it targets orogenic gold and polymetallic VMS systems in a greenstone belt, and the Tibooburra Gold Project near Broken Hill in New South Wales, which is being advanced in part through a farm-in arrangement with Novo Resources.

Average Trading Volume: 1,298,422

Technical Sentiment Signal: Sell

Current Market Cap: A$14.05M

For an in-depth examination of MHC stock, go to TipRanks’ Overview page.

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