Australia's Manhattan Corp hits one-month high on gold find in NSW project

Manhattan Gold

23/03/2022 01:06

** Shares of Manhattan Corporation Ltd  MHC.AX  gain as much
as 14.3% to A$0.016, hitting their highest since Feb 21
    ** The gold explorer says https://manhattcorp.com.au/outstanding-wide-zones-of-shallow-gold
 it has intersected shallow gold mineralization in the
Tibooburra Gold Project located in north-western New South Wales
    ** Adds drilling will continue to test the extent of the
"Main Zone" corridor mineralised system, which has the potential
to host a significant shallow, high-grade gold resource
    ** Co says it anticipates drilling to span multiple
campaigns until mid-2022
    ** Shares eye best day since March 11, if gains hold 
    ** Stock up 15.4% this year, as of last close

 (Reporting by Archishma Iyer)
 ((Archishma.Iyer@thomsonreuters.com;))