MHC
Manhattan Corporation Limited (ASX:MHC) is an emerging exploration company focused on advancing exploring its newly acquired L3 Project (formerly known as The Chebogue Lithium Project) located in Nova Scotia, Canada and advancing Tibooburra Gold Project located in the Koonenberry Gold District, north of Broken Hill, New South Wales, Australia
Projects
Tibooburra Gold Project
Large 2,200 km2 strategic land holding in the emerging Koonenberry Gold District
220km gold strike extent
Underexplored Goldfield with Multi – Million ounce potential
The Tibooburra Gold Project comprises a land package covering ~ 220km of significantly under explored gold mineralised strike of deep-seated gold bearing structures associated with the Koonenberry and New Bendigo Regional Fault Structures within MHC’s 100% controlled tenure.
Drilling is underway at the project with ongoing drilling continuing to intersect significant mineralisation, the company anticipates drilling to span multiple campaigns until mid-2022
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Ponton Uranium Project
Located ~200km northeast of Kalgoorlie
Inferred resource of 17.2 million pounds (Mlb) grading 300ppm uranium oxide (U3O8)
Carbonaceous sand hosted uranium
Manhattan’s 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 460km2 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. The Company has drill tested and defined relatively shallow (50 to 70 meters deep) palaeochannel sand hosted uranium mineralisation amenable to in-situ metal recovery (ISR).
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L3 Project
Large 100% owned land position comprising an area of ~1,200 km2 within 109 mineral licenses covering over 100km of prospective lithium pegmatite strike length
MHC to become the largest tenement holder in Nova Scotia for exploration of lithium and critical metals.
Heavily underexplored project area, regional review and analysis has identified several areas considered highly prospective for lithium-bearing pegmatites and backed by recent success at the neighboring Brazil Lake lithium project
The L3 Project (formerly known as The Chebogue Lithium Project) covers approximately 1,200 km2 in the emerging hard-rock lithium jurisdiction of Nova Scotia, Canada. The Project represents a significant opportunity for the Company to advance a lithium project that has the potential to host spodumene-bearing pegmatites. Historic exploration in the surrounding project area has mainly focused on gold, tin, base metals, and rarely on other critical metals. A regional review was carried out by the Nova Scotia Government in 2016 and identified several areas prospective for hosting lithium-bearing pegmatites. These areas extend as far eastward as Paradise and southward to Liverpool
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