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Manhattan Gold Corporation Limited (ASX:MHC)

ALERT: Price-sensitive ASX Announcement for MHC
Current share price for MHC : $0.023 0.001 (4.55%)+
Announcement
Release
28 May 2026 8:24AM
Price at Release
$0.022
Full Release
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Summary
Manhattan Gold Corporation Limited announced that it has obtained approval from the Kivalliq Inuit Association to construct a camp and commence RC drilling at the Hook Lake Project in Nunavut, Canada. The company received a CA$250,000 cash grant to support its maiden 4,000m RC drilling program as part of its application to the Discover, Invest, Grow (DIG) Program, which underscores Nunavut's favorable exploration jurisdiction. Additionally, federal permits allow exploration activities for seven years. Manhattan is committed to sustainable exploration in partnership with Inuit and First Nations communities.
Key Points
  • Manhattan Gold Corporation Limited has received approval from the Kivalliq Inuit Association to construct a camp and commence RC drilling activities at the Hook Lake Project in Nunavut, Canada.
  • The company was awarded a CA$250,000 cash grant to support its maiden 4,000m RC drilling program.
  • Federal land and water use permits have been issued for a period of seven years, allowing all expected exploration activities at the Hook Lake Project.
  • Camp mobilisation has begun, and drilling will commence immediately following camp setup.
  • The grant was part of the successful application to the Discover, Invest, Grow (DIG) Program under the Nunavut Exploration Support Program.
  • The Hook Lake Project is located within the Rankin-Ennadai greenstone belt, the second largest in Canada.
  • Manhattan Gold Corporation Ltd focuses on responsible exploration in partnership with Inuit and First Nations communities.
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.