InvestSMART

Manhattan Gold Corporation Limited (ASX:MHC)

ALERT: Price-sensitive ASX Announcement for MHC
Current share price for MHC : $0.016 -0.011 (-40.74%)+
Announcement
Release
26 Aug 2026 9:15AM
Price at Release
$0.027
Full Release
download
Summary
Manhattan Gold Corporation Limited's recent drilling at the Jaws site of the Hook Lake Project has revealed significant gold mineralisation, with high-grade intercepts, including 25.9 meters at 1.59 g/t gold. The drilling results have shown multiple broad gold zones with higher-grade internal sections, indicating a substantial upside compared to historical data from 1988. The report highlights the success of recent drillholes, such as JWS26005, which not only confirmed significant gold presence but also extended the mineralisation area beyond initial drill targets. Additionally, the company is actively working on further exploration and expansion through a comprehensive till sampling program and an assay pipeline to assess additional promising targets within the project area.
Key Points
  • Significant gold mineralisation at Jaws with 25.9m @ 1.59 g/t Au.
  • Recent drill results indicate substantial upside compared to 1988 data.
  • High-grade intercepts from drillholes such as JWS26005.
  • Exploration and expansion efforts include a till sampling program.
  • Continued drilling at Jaws reveals multiple broad gold zones.
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.