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An announcement from Manuka Resources Ltd ( (AU:MKR) ) is now available.
Manuka Resources has issued an amended update on its Mt Boppy Gold Project exploration program, replacing an April disclosure to ensure full compliance with ASX Listing Rules 5.7 and 5.22. The revised announcement clarifies drilling methods, specifies that certain grades were obtained via PhotonAssay rather than portable XRF and includes the required Competent Person consents for reported exploration results.
The company has reworked figures, tables and legends to improve clarity, added cross-references between exploration data sets and updated JORC Table 1 to incorporate recent drilling at Mt Boppy and Pipeline Ridge. It has also removed non-material drill hole references and an earlier shallow exploration target estimate, refocusing disclosure on the current Exploration Target to about 60 metres depth and presenting low-grade intercepts for geological context rather than as economically significant results.
More about Manuka Resources Ltd
Manuka Resources Limited is an Australia-based mining company listed on the ASX and NZX that focuses on precious metals exploration and development. Its key assets include the Mt Boppy Gold Project and associated prospects such as Pipeline Ridge, where it conducts drilling programs to assess and advance gold mineralisation potential within established JORC reporting frameworks.
The company operates within the gold exploration and mining sector, where regulatory compliance with ASX Listing Rules and the JORC Code is critical to investor confidence. Manuka’s activities center on generating exploration data, refining mineral resource understanding and ensuring transparent disclosure of results, methodologies and targets to support future development decisions and market positioning.
Average Trading Volume: 11,940,682
Technical Sentiment Signal: Buy
Current Market Cap: A$138.5M
Find detailed analytics on MKR stock on TipRanks’ Stock Analysis page.