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
- Drilling Commenced at Hook Lake as MHC Targets Discoveries and ExtensionsSome of the most exciting and geophysically refined targets are now being drill tested across the vast 665km2 at Manhattan Gold Corporation’s (ASX: MHC) Hook Lake project in Canada, with 4,000m of RC drilling set to target gold extensions at Jaws, copper and polymetal extensions at Spectre, as well as new gold and silver discoveries… Read more: Drilling Commenced at Hook Lake as MHC Targets Discoveries and Extensions
- 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
