Manhattan Corporation Limited
ASX:MHC ISIN:AU000000MHC9
Manhattan's strategy for growth is to expand the resource and advance the Ponton uranium deposits to mine development stage and, by merger and acquisitions, to acquire additional quality uranium resources that can be developed into producing mines in the near term.
News
Manhattan Corporation Limited (ASX:MHC) is pleased to provide a presentation for - Mines and Money Hong Kong 2012.
Manhattan Corporation Limited (ASX:MHC) are pleased to present Interim Financial Report for the Half Year ended 31 December 2011.
Manhattan Corporation Limited (ASX:MHC) Quarterly Report introduction and highlights for the period ending 31 December 2011.
During the September quarter 2011, Manhattan Corporation Limited (ASX:MHC) has continued with the exploration and development of its flagship uranium project at Ponton in WA by completing a major drill program, reporting a substantial increase in its resource base, identifying the potential for a world class uranium development project and commissioning an independent desktop scoping study that confirms the project's ability to deliver a positive outcome for investors.
Manhattan Corporation Limited's (ASX:MHC) three Exploration Licence applications that encroach on, or are within, the Queen Victoria Spring Nature Reserve (QVSNR) (EL's 28/1898, 1983 & 2004) were offered for grant by the WA Department of Mines and Petroleum in December 2010.
Manhattan Corporation Limited (ASX:MHC) announces that it has entered into an agreement with Strategic Minerals Corporation NL (ASX:SMC) subsidiary Signature Resources Pty Ltd for Signature to acquire the 90% interest in Manhattan's Siccus Uranium project in South Australia.
Manhattan Corporation Limited (ASX:MHC) announces an increased Inferred Resource for the Double 8 uranium deposit at Ponton in Western Australia of 17.2Mlb uranium oxide ("U3O8"). The Resource, at a 200ppm cutoff, has been prepared by independent resource consultants Hellman & Schofield Pty Ltd in accordance with the 2004 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves "JORC Code (2004)".
Manhattan Corporation Limited (ASX:MHC) has now completed 600 aircore and sonic drill holes, totalling 40,850 metres of drilling, testing the potential for palaeochannel sand hosted uranium mineralisation at Ponton in Western Australia.
Manhattan Corporation Limited (ASX:MHC) Ponton tenements cover the majority of the known palaeochannels prospective for aquifer sand hosted uranium mineralisation in the Ponton Mulga Rock uranium province of WA.
By June 2010 Manhattan Corporation Limited (ASX:MHC) has completed 19,700 metres of a 40,000 metre, A$3 million, program of aircore drilling at Ponton in WA. Systematic drilling of the Stallion discovery on 400m and 200m spaced lines at 100m centres over 8km of strike is complete. Drilling is now underway at Highway and Highway North to be followed by testing the Shelf and East Arm targets to the north of the Queen Victoria Spring Nature Reserve in 2010.
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