Earnings release
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ASX Release 23 July 2021 ASX : MSR Corporate Directory Non - Executive Chairman Mr Alan Campbell Managing Director Mr Justin Tremain Non - Executive Director Mr David Kelly Company Secretary & CFO Mr Susmit Shah Chief Geologist Mr Elliot Grant Fast Facts Issued Capital Share Price Market Cap Cash ( 30 June 2021 ) Contact Details ACN 128 042 606 3,348m 1.0 cents ~ $ 33m ~ $ 7.1m L2 , Suite 9 , 389 Oxford Street Mount Hawthorn WA 6016 MANAS RESOURCES Quarterly Activities Report | 30 June 2021 Manas Resources Ltd ( ' Manas ' or the ' Company ' | ASX : MSR ) provides its Quarterly Activities Report for the period ending 30 June 2021 ( ' June Quarter ' ) . June Quarter Highlights Côte d'Ivoire Acquisition ■ Agreement to acquire a 6,194km² package of exploration interests in Côte d'Ivoire which includes several recent gold discoveries ( ASX announcement 21 May 2021 ) ■ Manas's total exploration position in Côte d'Ivoire to grow fourfold to 8,400km² of highly prospective Birimian greenstone terrain , positioning Manas as a leading Côte d'lvoire gold explorer ( refer Figure One ) Boundiali Gold Project ( 572km² granted | 89 % interest ^ ) • Significant gold discovery within a + 6km gold - in - soil anomaly . Shallow drilling has returned exceptional results across just 2km of the anomaly including C , E o 30m @ 8.30g / t gold fr 39m ( NDC007 ) 20m @ 10.45g / t gold fr 38m ( BRC004S ) О o 27m @ 2.42g / t gold fr 27m ( BRC175 ) О 14m @ 5.51g / t gold fr 32m ( BRC004 ) ○ 9m @ 7.90g / t gold fr 99m ( BRC006 ) 。 28m @ 4.04g / t gold fr 3m ( BRC003 ) Ferke Gold Project ( 300km² granted | 89 % interest in a earn - in agreement³ ) • > 16km gold trend identified referred to as the ' Leraba Gold Trend ' , with RC and DD drilling confirming a significant gold discovery at ' Ouarigue South ' . Results include D , E : о 14m @ 10.74g / t gold fr 33m ( FNDC012 ) 25m @ 3.06g / t gold fr 64m ( FNRC016 ) о 9.75m @ 7.46g / t gold fr 104m ( FNDC019 ) ○ 45.3m @ 3.16g / t gold fr 45.9m ( FNDC001 ) 39.7m @ 3.54g / t gold fr 51m ( FNDC008 ) 40.4m @ 1.88g / t gold fr 104m ( FNDC018 ) Tongon North Gold Project ( granted 800km² | 100 % interest ) • Contiguous with Manas ' existing Mbengué Gold Project , providing a strategic consolidated granted underexplored exploration position of 1,840km² on the highly prospective Senoufo greenstone belt ( refer Figures One and Two ) Other Permits ( 89-100 % interest | granted ~ 2,346km² & application 2,957km² ) • 5,303km² landholding of prospective Birimian greenstone terrain with no historical drilling across 6 granted permits and 6 applications Exploration Activities Mbengué Gold Project ( 70-100 % interest ) Infill surface geochemistry and auger drilling continued across the broader Mbengué Gold Project area Eburnea Gold Project ( 80-90 % interest ) • Completion of an infill soil sampling program , comprising of 699 samples , to better define the more coherent soil anomalies to allow for auger drill testing ( results pending ) Corporate Mr John Fitzgerald to be appointed Non - Executive Chair • Completion of a $ 3.3 million equity placement , with an additional $ 0.2 million Director participation subject to shareholder approval . Cash of over $ 7.1 million at 30 June 2021 • Proposed change of name to ' Turaco Gold Limited ' ( proposed ASX code | ' TCG ' ) T : +61 8 9380 6062 F : +61 8 9380 6761 E : info@manasresources.com W : www.manasresources.com @ManasResources