Manuka Resources Ltd (AU:MKR) has released an update.
Manuka Resources Limited has announced a substantial increase in resource confidence at its Mt Boppy Gold Project, revealing an updated Mineral Resource Estimate that includes a 100% increase in indicated contained gold ounces. This confirms the company’s strategic plan to install a purpose-built gold processing plant at the site, with the goal of resuming gold production by the fourth quarter of 2024. The update highlights a significant component of high-grade resources, which bolsters the company’s confidence in the future mine planning at Mt Boppy.
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