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MANHATTAN CORPORATION LTD

ASX: MHC

The data on Australian Shares.com is intended as a guide only and is compiled from information in the public domain. Data on this website should not be used to make an investment or trading decision.

Description

Manhattan Corporation Limitedís flagship Ponton uranium project is located approximately 200km northeast of Kalgoorlie on the edge of the Great Victoria Desert in WA. The Company has 100% control of around 1,250km2 of exploration tenements underlain by Tertiary palaeochannels within the Gunbarrel Basin. These palaeochannels are known to host a number of uranium deposits and drilled uranium prospects

Company Highlights

  • Key Australian and International resource funds backing the Company
  • Drilling the Double 8 uranium deposit at Ponton in WA a priority
  • Double 8 deposit has 17.2Mlb JORC reported uranium oxide Inferred Resource with an additional 2.5Mlb to 5.5Mlb uranium oxide Exploration Target potential reported
  • Stallion South prospect has Exploration Target reported of 8 to 16Mlb uranium oxide
  • Highway South prospect has Exploration Target reported of 8 to 16Mlb uranium oxide
  • Ponton prospect has Exploration Target reported of 15 to 30Mlb uranium oxide
  • Further exploration drilling upside at Double 8 and along the palaeochannels at Ponton
  • All uranium mineralisation is hosted in permeable sand palaeochannels around 60m deep that are amenable to in-situ leach ("ISR") metal recovery techniques
  • Experienced management team to pursue growth through mergers and acquisitions

Mine For

uranium

Location of operation(s)

Western Australia

Address

Level 1 37 Ord Street
WEST PERTH, WA, Australia

Phone

(61 8) 9322 6677

Email

Website


Last Updated

9/7/2015

 

The data on Australian Shares.com is intended as a guide only and is provided purely as an indication of what information can be found through official announcements. Data on this website should not be used to make an investment or trading decision. All information should be carefully cross-checked against official sources for accuracy. The publisher (Intaanetto Pty Ltd) will not be held liable for any loss arising from the use of this website.

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