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Manhattan Corporation ( (AU:MHC) ) has issued an announcement.
Novo Resources Corp has announced significant high-grade gold results from its maiden drilling program at the Tibooburra Gold Project in northwestern New South Wales. The project, which covers much of the historic Albert Goldfields, includes six exploration licenses over 630 square kilometers. Novo’s drilling at the Clone prospect yielded promising results, demonstrating continuity of high-grade gold mineralization over a 300-meter strike, with potential for further extension. The company has met its initial farm-in expenditure requirements, and plans for additional drilling and exploration are underway to further assess the project’s potential.
More about Manhattan Corporation
Average Trading Volume: 1,590,108
Technical Sentiment Signal: Sell
Current Market Cap: A$4.93M
See more data about MHC stock on TipRanks’ Stock Analysis page.