Manhattan Gold Corporation Limited

Manhattan Gold Corporation Limited has moved from target definition into drill testing at Hook Lake, its flagship project in Nunavut, Canada. The company's maiden 4,000-metre reverse circulation program — the first modern drilling at the project in more than 30 years — began in late June 2026 and has since returned broad, high-grade gold intercepts from the Jaws prospect. The principal investment consideration remains whether these results can be converted into a compliant mineral resource and, ultimately, an economically viable project.

Drilling has widened the Jaws system. The standout intercept reported to date is 41.15 metres at 4.66 g/t gold from 83.82 metres, including 7.62 metres at 18.67 g/t. The issuer states the result is materially wider and higher grade than the nearest historical intercept, and that drilling has extended the mineralised system more than 150 metres to the southwest while relocating the interpreted main shear zone slightly northwest of historic plans.

The portfolio is district-scale. Beyond Hook Lake's 665 square kilometres, the company holds the approximately 2,195-square-kilometre Tibooburra Gold Project in New South Wales and the Ponton Uranium Project in Western Australia, where the Double 8 Deposit carries a reported JORC 2012 inferred resource. No current reserve statement, definitive feasibility study, mining approval or production schedule was identified in the reviewed sources.

Manhattan Gold Corporation Limited is an ASX-listed exploration company headquartered in Perth, Australia. It assesses, explores and develops mineral projects focused on gold, polymetallic VMS and uranium mineralisation in Canada and Australia.

The company's current portfolio comprises the Hook Lake Gold and VMS Project in Nunavut, the Tibooburra Gold Project in New South Wales and the Ponton Uranium Project in Western Australia. Hook Lake is the company's flagship asset and the focus of its 2026 exploration spend, funded by an A$3 million placement completed in the March 2026 quarter. At Tibooburra, Novo Resources may earn a 70% interest in six northern licences through staged exploration expenditure and share-issuance commitments, while Manhattan has stated it will retain beneficial ownership of nine southern licences covering approximately 1,564 square kilometres.