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How Manuka’s $8M Raise Fuels Cobar Basin and NZ Iron Sands Ambitions

12:21am on Sunday 21st of December, 2025 AEDT Mining
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How Manuka’s $8M Raise Fuels Cobar Basin and NZ Iron Sands Ambitions

12:21am on Sunday 21st of December, 2025 AEDT
Key Points
  • A$8 million fully underwritten entitlement offer to progress Cobar Basin production
  • Wonawinta silver reserves updated to 11.2 million ounces at 56.4 g/t Ag
  • Mt Boppy open pit gold reserve estimated at 39,000 ounces
  • Taranaki VTM iron sands project shows post-tax NPV10 of US$1.26 billion and IRR of 39%
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