Manhattan sampling and terrain mapping sharpen Canadian gold play
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Murray Region
Manhattan Gold Corporation has sharpened the discovery picture in Nunavut, Canada, by completing high-resolution LiDAR and orthophoto survey of the entire Hook Lake gold project. The company also completed the first channel sampling program on its newly acquired Vanquish project.
The new datasets come as the project’s first drilling program in more than three decades continues to test the historic Jaws gold deposit.
Manhattan says it has secured complex aerial surveys at a significantly reduced cost by deploying specialist aircraft already mobilized in the remote area.
The survey is set to deliver a detailed digital terrain model and high-resolution orthophotos to support structural interpretation, drill targeting and future exploration planning.
‘We are generating numerous new data sets that will materially improve our understanding of the project.’
Eric Sondergaard, technical advisor to Manhattan Gold Corporation
In parallel with the aerial survey, the company’s field team completed the first channel and boulder sampling program at the Vanquish mine. A total of 47 samples were collected, including up to 5.75 grams per tonne (g/t) gold over 1.5 meters, to reconfirm historical surface results.
The samples sent to the laboratory for analysis targeted sulphide-containing volcanic and gabbro rocks with quartz veins.
Eric Sondergaard, technical advisor to Manhattan Gold Corporation, said:: “The exploration program is fully active, with the rig returning to the field and drilling progressing as planned. This is the key operational step in the current program moving the company from target definition directly to drilling testing. In parallel, our field team has completed the first channel sampling at the Vanquish mine and these samples are now in the laboratory.”
The field work was carried out in parallel with the company’s main event, a 4000-metre reverse circulation drilling program that began in late June.
The drill bit is currently exploring the Jaws potential, which hosts a 3.4 million tonne non-JORC historical foreign estimate grading 2.38 g/t gold for 285,000 ounces. The campaign was designed to follow up on the impressive historical drilling interventions of 1988; A large hit of 52.78 m with 3.38 g/t gold was achieved in these drillings.
The Hook Lake project lies within the underexplored but highly promising Rankin-Ennadai greenstone belt, the second largest of its kind in Canada. The belt is also home to major operations such as the Meliadine mine, 225 kilometers northeast of Agnico Eagle, which produces 400,000 ounces of gold annually.
Besides Jaws, Manhattan also has a conga line of other high-grade targets planned for initial drilling tests; these include the Quantum and Lotus prospects, where rock chip samples last year hit 16.75 g/t gold and a spectacular 2660 g/t silver respectively.
With a new board of directors, $3 million in fresh cash recently deposited in the bank, and drill rods now rolling in, Manhattan appears to be building a new understanding of a project that has sat largely dormant for a generation. The addition of LiDAR data from across the project adds another important layer to this study.
The company is producing multiple streams of news feeds as the drill rig continues to investigate the historical Jaws source, along with analysis from the new Vanquish project currently in the pipeline.
If new data can help unlock the secrets of this little-explored greenstone belt, the new Canadian section of Manhattan could get very interesting very quickly.
Is your ASX-listed company doing something interesting? Contact: mattbirney@bullsnbears.com.au
