Manhattan Gold (MHC.AX) jumps 13.3% on discovery of high-grade deposit at Canada project
Shares of Australia's Manhattan Gold Corp surged as much as 13.3% to A$0.017, their largest intraday percentage gain since Aug. 25, after the mineral explorer announced the discovery of high-grade copper, gold, silver, and zinc deposits at its Hook Lake project in Canada.
017, its biggest intraday percentage gain since Aug 25. The mineral explorer said maiden drilling at its Hook Lake project found high-grade copper, gold, silver and zinc deposits. The project is the company's flagship gold and mineral deposit zone in Canada. Even with the move, the stock is down nearly 43% year to date.