High Grade Gold Drill Intersections from Pipeline Ridge

Key points

• High-grade gold assays from Pipeline Ridge drilling
• Significant intersections including 32m at 7.98 g/t Au
• Mineralisation open in all directions, including at depth
• Maiden Mineral Resource Estimate planned for release in 2026
• Further drilling planned for October 2026

Full summary

Manuka Resources Limited has reported high-grade gold assay results from its recent drilling program at the Pipeline Ridge Project, located 28km south of Canbelego. The drilling program, which involved 56 holes covering 3,133 meters, has returned multiple high-grade, shallow gold intersections, including 32 meters at 7.98 g/t Au from 34 meters. These results confirm the potential for significant gold mineralisation and indicate that the mineralised zones are open in all directions, including at depth, across section, and along strike. The company plans to undertake a maiden Mineral Resource Estimate for Pipeline Ridge, subject to completion of modelling, validation, and Competent Person review, with the estimate expected to be released in 2026. Further drilling is scheduled for October 2026 to test extensions of the mineralisation. The Pipeline Ridge project is being evaluated as a potential future satellite gold deposit within trucking distance of Manuka's Wonawinta processing facility, where gold processing has recently recommenced using Mt Boppy ore.