Manuka Resources Starts Drilling Program at New South Wales Project; Shares Rise 3%

MT Newswires Live

2025/12/16

Manuka Resources (ASX:MKR, NZE:MKR) started a new drilling program at its Mt Boppy project in New South Wales, according to a Tuesday filing with the Australian and New Zealand bourses.

First assay results are expected in the first quarter of 2026, with the company on track for first production of silver in the second quarter of the next year, the filing said.

Shares of the company rose 3% in recent Tuesday trade on the Australian bourse.

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