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Manuka Resources to Launch Gold Exploration in Cobar Basin

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Manuka Resources to Launch Gold Exploration in Cobar Basin

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The latest update is out from Manuka Resources Ltd ( (AU:MKR) ).

Manuka Resources Limited has announced the commencement of its gold exploration drilling program in the Cobar Basin, set to begin in December 2025. The program targets deep gold extensions and new discoveries at the Mt Boppy Gold Mine and shallow gold mineralization at the Pipeline Ridge Gold Prospects. This initiative is part of Manuka’s strategy to expand its 10-year production plan and restart the Wonawinta Silver Mine and Processing Plant within the next six months, potentially delivering significant results for shareholders.

More about Manuka Resources Ltd

Manuka Resources Limited is involved in the mining industry, focusing on gold and silver exploration and production. The company operates in the Cobar Basin, with key assets including the Mt Boppy Gold Mine and the Wonawinta Silver Mine and Processing Plant.

Average Trading Volume: 4,887,816

Technical Sentiment Signal: Buy

Current Market Cap: A$58.66M

Find detailed analytics on MKR stock on TipRanks’ Stock Analysis page.

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