MHC’s flagship Hook Lake Project is situated in a world class group of Archean Greenstone Belts in Canada, which host monster deposits such as Agnico Eagle’s 8.34Moz at 4.52g/t Au Meliadine Mine and its 8.86Moz at 5.74g/t Hope Bay Project, as well as B2Gold’s 9.2Moz at 6.04g/t Au Goose & George Project. There are 11 total prospects at Hook Lake, many of which have strikingly similar geology to the aforementioned multi-million ounce resources – and MHC is currently undertaking extensive geophysics to isolate the highest priority targets for its 2026 drilling campaign.
The Jaws prospect hosts a non-JORC compliant (foreign) estimate of 285koz at 2.38g/t Au and a litany of incredible assays such as 52.78m at 3.38g/t Au from 89.22m, 53.25m at 2.87g/t Au from 168.5m including 26.05m at 4.79g/t Au from 168.5m, and 15.2m at 4.50g/t Au from 14.70m. Spectre is a super high-grade polymetallic VMS system with outstanding assays such as 10.51m at 2.91% Cu, 6.70% Zn, 95.67 g/t Ag, 1.04 g/t Au and 0.48% Pb from 41.76m, as well as 13.71m at 1.51% Cu, 2.06% Zn, 47.23g/t Ag, 0.56g/t Au and 0.09% Pb from 70.26m.
The MHC team is led by Gavin Rezos as Chairman and 14.72% shareholder, who previously entered Vulcan Energy Resources (ASX: VUL) as Chairman in September 2019 and heavily invested into the company when it was just $7 million market cap – right before it went on a run to hit $1.7 billion market cap just 2 years later, and has recently locked in $3.9 billion in funding to commence production. John Hancock was invested in VUL as well and is also a major shareholder in MHC.
Read our latest coverage on MHC
- Imminent Drilling at MHC’s Hook Lake Project as Institutions and Directors Pile Into Placement and Tenement Holding ExpandsDrilling is set to commence in two weeks at Manhattan Gold Corporation’s (ASX: MHC) Hook Lake project following permit approval, and the company executed a high-quality $3 million placement where the top 20 took $1.5 million and the Directors invested $668k – while four new institutions came in. MHC will begin by targeting extensions along… Read more: Imminent Drilling at MHC’s Hook Lake Project as Institutions and Directors Pile Into Placement and Tenement Holding Expands
- Initiation: Hancock-Backed MHC Building High-Grade Gold Resource with Multi-Million Ounce Potential and a Large Polymetal KickerSituated in a world class group of Archean Greenstone Belts in Canada, which host monster deposits such as Agnico Eagle’s 8.34Moz at 4.52g/t Au Meliadine Mine and its 8.86Moz at 5.74g/t Hope Bay Project, as well as B2Gold’s 9.2Moz at 6.04g/t Au Goose & George Project – is Manhattan Gold Corporation’s (ASX: MHC) 580km2 Hook… Read more: Initiation: Hancock-Backed MHC Building High-Grade Gold Resource with Multi-Million Ounce Potential and a Large Polymetal Kicker
