End of Care and Maintenance Program Effective 9 March 2026
ASX Announcement
9 March 2026
ASX: MKR
Manuka Resources Limited - Level 4 Grafton Bond Building, 201 Kent St Sydney NSW Australia 2000
ABN 80 611 963 225 Tel 02- 7253 2020 www.manukaresources.com.au
Manuka announces end of Care and Maintenance
Program effective 9 March 2026
Background
Manuka Resources Limited (ASX:MKR) (“Manuka” or the “Company”) has
been on an extended but active Care and Maintenance program since Q1 2024.
At that time the Company had been hauling Mt Boppy ore to Wonawinta for
processing through its Wonawinta plant. A decision was made at that time to
halt operations due to the weak gold (then ~US$2,000/oz Au or ~A$3,000/oz
Au, today ~US$5,150/oz or ~A$7,290/oz Au) and silver (then ~US$16/oz Ag or
~A$25/oz Ag, today ~US$84/oz Ag or ~A$120/oz Ag) prices.
In line with Manuka’s stated intention to recommence silver and gold
production during Q2 2026, the Company has today ended its care and
maintenance phase.
Key Points
• Manuka declares its Care and Maintenance phase now over as
it moves into operations;
• The Company remains on track to recommence production of
gold and silver during Q2 2026;
• The Company’s key on-site management team is now secured
(start dates from 9 March onwards);
• Gold ore movements from Mt Boppy are scheduled to
commence during March, with a further announcement to be
detailed once underway; and
• On-site recommencement activities are well underway at
Wonawinta, with a high degree of momentum and urgency.
The Executive Chairman, Dennis Karp, stated, “This is another exciting
step for Manuka as we accelerate fully funded to profitable production in
Q2.”
Authorised for release by the Board of Directors of Manuka Resources Limited
For further information contact:
Dennis Karp Investor Relations
Executive Chairman James Moses
Manuka Resources Limited Mandate Corporate
Tel. +61 2 72532020 Tel: +61 420 991572
Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.