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Murray Ward
Manhattan Gold Corporation has sharpened survey imagery in Nunavut, Canada, completing high-resolution LiDAR and orthophoto surveys across its Hook Lake gold project. The company has also completed the first sampling program at its new Vanquish prospect.
The new data sets come as the first drilling program in more than three decades at the project continues to test the Taya gold deposit.
Manhattan says it achieved high-quality aerial research at a greatly reduced cost with the help of pigs on a special plane that has already been assembled in a remote location.
The study is expected to provide a detailed digital terrain model and high-resolution images to aid structural interpretation, drill targeting and future exploration planning.
‘We are generating a lot of new data that will improve our understanding of the project.’
Manhattan Gold Corporation technical advisor Eric Sondergaard
Along with the aerial survey, the company’s crew completed its first channel sampling program with rock chips in the Vanquish prospect. A total of 47 samples were collected to reconfirm historical results, including up to 5.75 grams per tonne (g/t) gold over 1.5 metres.
The samples, which have now been sent to the laboratory for analysis, focused on quartz, sulfur-bearing volcanic rocks and gabbro.
Manhattan Gold Corporation technical advisor Eric Sondergaard said: “The exploration plan is fully operational, with the drill rig on site and drilling proceeding as planned. This is a key operational step in the current program, moving the company from target definition to direct testing. In parallel, our field team has completed the first channel sample at the Vanquish prospect, and those samples are now in the laboratory.”
The field work has been carried out in parallel with the company’s main event – the 4000 meter reverse cycle drilling program which started at the end of June.
The drilling unit is currently exploring the Taya prospect, which hosts a historic non-JORC foreign estimate of 3.4 million tonnes grading 2.38g/t gold at 285,000 ounces. The campaign is designed to follow up on historic interest entries from 1988, which featured a large strike of 52.78 meters at 3.38g/t gold.
The Hook Lake project is located within the under-explored but highly-prospected Rankin-Ennadai greenstone belt, the second largest of its kind in Canada. The zone also hosts major operations such as Agnico Eagle’s Meliadine mine 225 kilometers to the northeast, which produces 400,000 ounces of gold per year.
In addition to Jaws, Manhattan has a conga line of other high-quality targets slated for first test drilling, including the Quantum and Lotus prospects where rock sampling last year returned 16.75g/t gold and an impressive 2660g/t gold, respectively.
With a new board, fresh cash in the bank from a recent $3 million investment and drill rods now spinning, Manhattan appears to be building a new understanding of a project that has sat idle for a generation. The addition of project-wide LiDAR data adds another important layer to the work.
With the rig continuing to explore Jaws’ historic material and with analysis from the new Vanquish prospect now underway, the company is generating multiple streams of information.
If new data can help unlock the secrets of this undiscovered greenstone belt, Canada’s Manhattan’s new face could be very interesting, very quickly.
Is your ASX listed company doing something interesting? Address: mattbirney@bullsnbears.com.au
