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Manuka Boosts Mt Boppy Gold Estimates
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Manuka Boosts Mt Boppy Gold Estimates

Manuka Resources Ltd (AU:MKR) has released an update.

Manuka Resources Limited has announced a significant increase in resource confidence for its Mt Boppy Gold Project, thanks to a successful Sonic Drilling Program. The updated Mineral Resources Estimate shows a 100% increase in Indicated contained gold ounces, now totaling 163koz with a high-grade component identified. This resource boost underpins Manuka’s plan to install a gold processing plant at Mt Boppy and resume gold production by Q4 2024, signaling an exciting phase for the company amidst bullish gold and silver markets.

For further insights into AU:MKR stock, check out TipRanks’ Stock Analysis page.

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