Manuka Resources (ASX:MKR) said the results from ABC Refinery in New South Wales on the precious metals-bearing filter cake delivered on Oct. 16 confirmed 267 ounces of gold, as well as 453 ounces of silver, generating proceeds of AU$1.6 million, according to a Thursday Australian bourse filing.
It expects the Wonawinta project to transition to combined gold and silver processing in early 2027 after the commissioning of the new crushing and silver deslime circuits.
Its shares rose 6% in recent trading on Thursday.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments