Mt Boppy drilling program confirmed

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Stock Manuka Resources Ltd (MKR.ASX)
Release Time 6 Nov 2025, 9:08 a.m.
Price Sensitive Yes
 Manuka accelerates gold exploration drilling program
Key Points
  • Targeting deep gold extensions and new discoveries at Mt Boppy Gold Mine
  • Extensive 3,165m shallow drill program at Pipeline Ridge gold prospect
  • Focused on restarting Wonawinta Silver Mine and Processing Plant
Full Summary

Manuka Resources Limited ('Manuka' or the 'Company') confirms its Cobar Basin Gold exploration program will commence in the first week of December 2025. The program will focus on the Mt Boppy Gold Mine, targeting deep gold extensions and new discoveries, as well as the Pipeline Ridge gold prospect, targeting shallow gold mineralization. At the Mt Boppy Gold Mine, the Company plans an initial three-hole drill program targeting depths of around 500m and testing extensions of the known Resource and a structural target similar to Mt Boppy some 1,000m to the south. The historic tenor of gold mineralization mined at Mt Boppy makes this program highly prospective. At the Pipeline Ridge prospect, located approximately 28km south of Mt Boppy, the Company will conduct an extensive 3,165m shallow (up to 60m) drill program targeting the previously identified Pipeline Ridge Exploration Target. The Company remains focused on the restart of its existing Wonawinta Silver Mine and Processing Plant within the next 6 months. The exploration results of the upcoming drilling program will represent the first steps toward growing the current 10-year Cobar Basin production plan.

Outlook

The Company is focused on the restart of its existing Wonawinta Silver Mine and Processing Plant within the next 6 months. The exploration results of the upcoming drilling program will represent the first steps toward growing the current 10-year Cobar Basin production plan.