Manhattan opens up 1.25km Canadian gold corridor at Jaws

With the drill rig now parked up at Jaws for the season, the focus will turn to a pipeline of other new gold and silver prospects across the broader and the recently acquired 665-square-kilometre project area. The company says it has 10 further drillholes with results still pending, including maiden drilling at several regional targets.

These include the Spectre volcanogenic massive sulphide (VMS) deposit, where historic drilling hit a polymetallic lens of 10.51m at an eye-catching 2.91 per cent copper, 6.70 per cent zinc, 95.67g/t silver and 1.04g/t gold.

Assays are also awaited from the previously untested Quantum and Lotus orogenic gold targets, which have returned surface sampling results of up to 16.75 g/t and 8.01 g/t gold, respectively, alongside a mouthwatering 2660g/t silver at Lotus.

Manhattan recently topped up its coffers with a $4.5 million placement to fund this very exploration program, which appears to be paying early dividends.

With the drill bit consistently delivering wide, shallow and high-grade gold intercepts at Jaws, Manhattan seems to be systematically proving up a mineralised system of serious scale. Now, with a conga line of assays due from several high-potential targets across the Hook Lake project, the company looks to be well on its way to becoming a Canadian precious metal player of growing scale and potential.

Is your ASX-listed company doing something interesting? Contact: mattbirney@bullsnbears.com.au