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    Manuka Resources (ASX:MKR) aims for gold production in June quarter

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    Manuka Resources (ASX:MKR) is recommencing gold production at Mt Boppy in the Cobar Basin with a target of 25,000 oz/year for three years, beginning in early April.

    Preliminary evaluation has also shown economic viability of treating a screened product at the Wonawinta processing plant which stands ready to begin gold production.

    Manuka Resources says its gold production strategy includes exploration programs to underpin the development of small opencast deposits, re-entry into the Mt Boppy open cut, and recovery of 3-4k oz of gold in broken ore at the base of the pit.

    It also says silver production has been deferred in favour of gold production for its superior economics.

     

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