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Manhattan Gold Corporation Limited (ASX:MHC)

ALERT: Price-sensitive ASX Announcement for MHC
Current share price for MHC : $0.021 -0.004 (-16%)+
Announcement
Release
13 Nov 2025 9:41AM
Price at Release
$0.025
Full Release
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Summary
Manhattan Corporation Limited announced significant gold assay results from the Hook Lake Project, highlighting a peak gold concentration of 173.5 g/t from the Defender prospect. The project, located in the Rankin-Ennadai greenstone belt in Nunavut, Canada, involves nine separate prospects. Initial sampling results demonstrate the presence of extensive gold mineralization and offer potential for polymetallic exploration. Manhattan plans further exploration efforts leveraging aeromagnetic surveys to target high-grade mineralization zones, reinforcing Hook Lake's emerging status as a major exploration asset.
Key Points
  • Manhattan Corporation Limited (MHC) reported high-grade gold discovery at Hook Lake Project.
  • The standout assay result was 173.5 g/t gold from a quartz-carbonate vein at the Defender target.
  • Hook Lake hosts multiple mineralizing systems and offers a diverse pipeline of gold and polymetallic targets.
  • The project covers nine separate prospects within the Rankin-Ennadai greenstone belt, Nunavut.
  • Results from rock chip sampling at Defender and Moonraker prospects confirmed high-grade gold and potential for polymetallic mineralization.
  • Manhattan Corporation plans further exploration using high-resolution aeromagnetic data.
  • The project remains largely unexplored with remarkable potential for high-grade discoveries.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.