Australian Stock Exchange
$0.04
Visit ASX Website - Code : MSR
Gold Price
US$802.40 / oz

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Projects

Manas was incorporated in October 2007 to acquire, explore and develop several significant gold projects located in the Central Asian country of Kyrgyz Republic.

Upon listing, Manas will be one of the largest explorers for precious metals in the Kyrgyz Republic, with a strong focus on the highly prospective south-west.

Manas and its projects have attractive characteristics justifying ongoing exploration;

• The projects lie within the Tien Shan, one of the world’s largest gold provinces;

• Manas is targeting large gold deposits in an area with two signifi cant gold discoveries;

• Manas holds licences for both gold and base metals covering over 4,800 sq km;

• There is potential to increase the existing resource of almost 500,000 ounces at Obdilla within the Tolubay licence;

• Scoping studies are continuing at Obdilla and may expand to include Shambesai;

• Promising high grade trench and channel sampling results at the Shambesai prospect include 42m at 23g/t gold and 57.7m at 7.3g/t gold;

• First pass drilling at Shambesai returned best results of 5.1m at 15.2g/t Au and 4.6m at 7.3g/t Au;

• There is a 12 km long, largely untested mineralised corridor on the Tolubay project;

• There are a number of drill-ready targets located thoughout the 10 project areas;

• Manas has a carried interest in the high grade Savoyardy gold project;

• Carlin-style gold mineralisation is the main exploration target in the south-western Kyrgyz tenement package; and

• Manas has an experienced and successful board and management team.

 
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