Manuka Resources Identifies High-Grade Gold Mineralization at New South Wales Project

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Manuka Resources (ASX:MKR) reported high-grade assay results from a recently completed drilling program at its Pipeline Ridge project in New South Wales, according to a Thursday Australian bourse filing.

The results were up to 32 meters at 7.98 grams per tonne grade of gold from 34 meters and eight meters at 12.96 g/t gold from 37 meters.

A first-pass mineral resource estimate for Pipeline Ridge gold will now be undertaken based on the positive drill results, with further drilling planned for October to test extensions at depth, across section and along strike, the filing added.

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