Each one in plain English, with the numbers worked through for a shareholder.
7 May 2020asset acquisition disposition▲ GoodMajor
Manas applied for two contiguous 100%-owned permits, the Tortiya Gold Project (780km2), over a 40km shear zone with no recorded historical gold exploration. Company says this lifts its holdings by 75% to over 1,811km2. Not yet granted.
5 May 2020regulatory community update▲ Good
After talking with Ivorian authorities, Manas will restart exploration, resuming Mbengué auger drilling and starting Bouaké North soil sampling. This reverses the late-March suspension. Results will be reported later.
28 Apr 2020other● Neutral
Corporate governance checklist (Appendix 4G) lodged with the annual report, pointing to the governance statement on pages 56-67. Administrative filing with no new substance.
28 Apr 2020annual report● Neutral
Cover notice saying the annual report sent to shareholders is identical to the accounts lodged on 27 March 2020. No new substance.
23 Apr 2020drilling result▲ GoodMajor
Auger drilling at Le Vieux-Phew (Mbengué, 132 holes, 791m) found two parallel mineralised zones each over 1.5km long, with best results 2m @ 23.6g/t gold. Only about 25% of the programme was finished before the COVID suspension; the other five IP targets await testing.
27 Mar 2020annual report● Neutral
Annual report for the year to 31 December 2019, recapping Mbengué exploration (4,965m aircore, 68 line-km of IP), the Gonsan withdrawal and the Eburnea permit granted after year end. No new results shown in the readable text.
25 Mar 2020regulatory community update▼ BadMajor
Manas suspended all Côte d'Ivoire fieldwork indefinitely after a COVID-19 state of emergency on 23 March 2020. About 1,000m of a ~4,000m auger programme at Mbengué was done. Cash is A$7.95M; Dielle soil results are expected mid-April.
11 Mar 2020asset acquisition disposition▲ GoodMajor
Permit PR575 (Bouaké North, 385km2, 4-year initial term) was granted to partner Eburnea, with Manas holding an 80% interest. This resolves the long-pending permit thread. A 3,500m auger programme at Mbengué starts next week; results are expected by May 2020.
27 Feb 2020drilling result▲ Good
A new IP survey (23km2) at Mbengué found six anomalies over 1km long, the largest 6km+ long and including Madala. Most remain untested by drilling. Aircore and auger drilling is planned; Dielle soil sampling results are expected in April 2020.
29 Jan 2020asset acquisition disposition▲ GoodMajor
Manas's Ivorian subsidiary was granted a new 100%-owned licence, Dielle (347km2), next to the Mbengué permit, lifting the project area from about 300km2 to over 647km2. Initial term is 4 years. Soil sampling is to follow; an IP survey at Mbengué is under way.
20 Jan 2020admin correction● Neutral
Share registry provider changed from Security Transfer Australia to Automic Group from 20 January 2020. Administrative notice only, with new contact details.
17 Jan 2020farm in farm out completion▼ BadMajor
Manas withdrew from the earn-in for up to 85% of the Gonsan Project (about 1,000km2, three permit applications). It cites lack of permit progress and difficult, costly terrain. This closes the long-pending Gonsan thread.
15 Oct 2019director officer appointment● Neutral
Long-standing non-executive director Mark Calderwood resigned with immediate effect. He had stepped down as chair in November 2018 but stayed on the board. No reason is given and no replacement is named.
12 Sept 2019half year report▼ Bad
Half-year to 30 June 2019 shows a loss of $371,343, versus a $16,079 profit a year earlier. The company attributes the loss to increased Côte d'Ivoire exploration and evaluation of new project opportunities. Restates the Mbengué earn-in terms.
21 Aug 2019drilling result▲ GoodMajor
Aircore drilling (100 holes, 4,965m) at Mbengué hit 18m at 1.0g/t, 12m at 1.0g/t and 8m at 1.16g/t gold. The Madala-Turaco corridor is now drilled over 3km of a 9km trend. Results are wide-spaced and early-stage.
8 Aug 2019drilling result▲ Good
Induced polarisation surveys at Mbengué found large anomalies beneath gold-in-soil anomalies, suggesting possible kilometre-scale mineralised zones within 20km of Tongon mine. Auger drilling is planned for October-November after the rainy season; aircore results are due by end of August.
11 June 2019drilling result▲ GoodMajor
Soil sampling across Mbengué found gold-in-soil anomalies 2-12km long, with 13 of 4,783 samples above 1,000ppb and a peak of 5,560ppb. A 5,000m aircore drilling programme to test them is expected to start within a month.
24 Apr 2019annual report● Neutral
Notice that the annual report sent to shareholders is identical to the statutory accounts lodged on 29 March 2019. Administrative; no new information.
24 Apr 2019admin correction● Neutral
Appendix 4G corporate governance checklist for the year to 31 December 2018, pointing to the governance statement in the annual report (pages 56-67). Administrative; no new substance.
29 Mar 2019annual report● Neutral
Annual report for 2018 restates the Côte d'Ivoire earn-ins, the Mbengué drilling results and the Victoria withdrawal. The excerpt shows no new transactions; financial figures are not in the readable text.
12 Mar 2019security holder rights change● Neutral
Manas started a sale facility for unmarketable parcels (under $500, or 166,666 shares or fewer at $0.003). About 748 of roughly 1,400 holders are affected, representing about 1.24% of shares. Aims to cut registry costs; holders can opt out.
31 Jan 2019quarterly activities report▲ GoodMajor
December 2018 quarter: cash about A$8.8M. Manas met the US$0.3M minimum spend and in January 2019 elected to proceed at Mbengué, having earned 20%; up to 70% needs US$2.0M total over 3 years. Gonsan and Eburnea permits still pending.
6 Dec 2018investor presentation● Neutral
December 2018 corporate presentation restating the Côte d'Ivoire portfolio (over 2,000km2), the Mbengué drilling results and A$9.2M cash at 30 September. Share price is shown as $0.004, with market cap about $10.6M. No new results or transactions.
14 Nov 2018drilling result▲ GoodMajor
Manas's first Mbengué diamond drilling (13 holes, 1,312m) hit gold at all four prospects, including 9m at 5.05g/t and 21m at 2.11g/t at Turaco and 7m at 7.54g/t at Madala. Confirms the mid-November assay thread; further targets identified.
2 Nov 2018director officer appointment● NeutralMajor
Geologist Alan Campbell, former Papillon Resources managing director (Fekola discovery), becomes Chairman. Mark Calderwood steps down as chair, citing work commitments, but stays as a non-executive director.
12 Sept 2018half year report● Neutral
Half-year to 30 June 2018 shows a profit of $16,079, driven by an unrealised foreign exchange gain of just under $0.5M, versus a $1.2M loss a year earlier. Review restates the Côte d'Ivoire projects and the post-period start of drilling at Mbengué.
11 Sept 2018drilling spud▲ GoodMajor
Manas began its first drilling at Mbengué: about 1,000m of diamond core, holes up to 120m, to validate Perseus's earlier K1 prospect results (such as 28m at 8.14g/t gold). Programme expected to take four weeks.
8 Aug 2018drilling result● Neutral
Manas validated Perseus's historical Mbengué drilling to JORC 2012 standard and published the full results, including newly identified intercepts and two minor corrections to the May release. These are historical Perseus results, not new Manas drilling.
25 July 2018director officer appointment● NeutralMajor
Chris MacKenzie, a geologist with 25 years' experience, was appointed CEO on A$250,000 fixed pay, with 40M options at $0.0075 to follow a probation period. Phil Reese, CEO for nine years, steps down and assists with handover.
13 July 2018other● Neutral
Resolute Mining announced it acquired 79.3M Manas shares through a share swap, lifting its Manas stake to 23% (from 19.8% previously). It is a notice by the shareholder, not a Manas capital raising, and carries no new company information.
