Latest Manhattan Gold (ASX:MHC) News

Manhattan Gold Corporation (ASX:MHC) has emerged from a transformational year with encouraging Hook Lake drilling, expanded tenure and a sharper gold focus, but no compliant resource yet and only A$2.01 million in year-end cash. The company reported an A$8.90 million loss after absorbing exploration costs and a large loss on its lithium divestment.

Exploration news drove the biggest share-price moves, while project funding remained the key test for developers across gold, copper, rare earths and energy. Strong drilling results lifted several small miners, but some early gains faded when investors focused on cash needs and the lack of formal reserves.

Manhattan Gold has extended the search footprint at its Jaws target in Nunavut after a 275-metre step-out returned 21.34 metres at 1.72g/t gold. The result takes drill-tested strike to 1.25km, although the company says true widths remain unknown and the work is still exploration-stage.

Manhattan Gold has secured commitments for an A$4.5 million placement to fund more than 4,000 metres of drilling and related exploration at its Hook Lake project in Nunavut. The full raising remains partly conditional, with A$1.14 million requiring shareholder approval in November.

Critical minerals led the market, with Australasian Metals doubling after taking an option over West African lithium projects. Rare earth technology, scandium finance and gold drilling also drew attention, but many developers fell as investors questioned funding and delivery.

Manhattan Gold Corporation has delivered robust drilling results at its Jaws target in Nunavut, expanding the known gold mineralised system by over 290 metres along strike and confirming high-grade zones to a vertical depth of 223 metres. The ongoing exploration campaign bolsters the project's scale and economic potential.

Manhattan Gold Corporation’s latest drilling at the Jaws target within the Hook Lake Project delivers multiple broad gold intercepts with improved grades and thickness over historic data, extending mineralisation over 150 metres southwest and confirming significant upside potential.

Manhattan Gold Corporation has kicked off its first modern drilling in over 30 years at Nunavut’s Hook Lake Project, backed by expanded mineral rights and promising high-grade gold assays from surface sampling.

Manhattan Gold has revealed exceptional high-grade gold assays up to 20 g/t from surface sampling at the newly acquired Vanquish prospect, expanding its Hook Lake exploration pipeline in Nunavut, Canada.

Manhattan Gold Corporation has wrapped up a high-resolution LiDAR survey and maiden channel sampling at its Hook Lake Project, Nunavut, while drilling has commenced at the Jaws target to validate historic gold mineralisation.

Manhattan Gold Corporation has kicked off a 4,000m reverse circulation drilling campaign at its underexplored Hook Lake Project in Nunavut, aiming to confirm and extend historic high-grade gold and polymetallic targets.

Manhattan Gold Corporation has gained final regulatory approval and a CA$250,000 grant to kick off its maiden 4,000m RC drilling campaign at the Hook Lake Project in Nunavut, Canada.