Manuka Resources Plans Processing, Gold DorÃ© Production Facility at New South Wales Gold Mine

MT Newswires Live08-12

Manuka Resources (ASX:MKR) plans to build a processing and gold dorÃ© production facility at its Mt Boppy gold mine and will acquire new equipment, according to a Friday filing to the Australian bourse.

Mt Boppy, in New South Wales, is forecast to have a low capex of AU$11.6 million and high margin of around AU$19 million earnings before interest, tax, depreciation and amortization. Manuka Resources is targeting first gold production in the fourth quarter of 2024, the filing stated.

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