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Manuka Resources Sets 13.2Moz Silver Target, Advances $1.26B NZ Vanadium Project
12:21pm on Tuesday 3rd of June, 2025 AEST
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Mining
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Manuka Resources Sets 13.2Moz Silver Target, Advances $1.26B NZ Vanadium Project
12:21pm on Tuesday 3rd of June, 2025 AEST
Key Points
Restart of Wonawinta Silver Mine targeting 13.2Moz silver plus gold credits
10-year mine life with average all-in sustaining cost of A$35/oz silver
Taranaki VTM Project in New Zealand holds 3.2 billion tonnes resource
Taranaki project NPV10 of US$1.26 billion and IRR of 39%, progressing fast-track approvals
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