Each one in plain English, with the numbers worked through for a shareholder.
31 July 2020quarterly activities report● Neutral
June 2020 quarter: exploration resumed in May, auger programme (4,400m) completed and Dielle IP started. Cash was about A$6.4M at 30 June, down from A$7.7M in March. Tortiya applications for 780km2 remain pending. No new results beyond those already reported.
24 July 2020drilling result▲ GoodMajor
Auger drilling across the full 4,400m Mbengué programme found seven mineralised zones over 600m long (longest >1.5km, up to 300m wide), best 6m @ 1.2g/t. Follows the April Le Vieux-Phew result; infill drilling started and RC drilling is planned after the rains.
13 July 2020drilling result▲ Good
A 26km2 IP survey at Diellé found ten anomalies over 1km long, the largest 9km+, all untested. The 4,400m Mbengué auger programme is now complete, with remaining assays due in about four weeks. Further auger drilling is planned after the rains.
29 May 2020investor presentation● Neutral
AGM presentation restating known facts: over 1,811km2 of ground, flagship Mbengué project, auger result 2m @ 23.6g/t, and cash of A$7.7M at 31 March 2020. No new results.
14 May 2020drilling result▲ GoodMajor
Soil sampling (1,489 sites) at the 100%-owned Diellé permit found gold-in-soil anomalies up to 16km long, peak 2.03g/t. This delivers the awaited Dielle results; IP surveys and auger drilling are planned before the late June/July rains.
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.
29 Apr 2020quarterly activities report● Neutral
March 2020 quarter: cash about A$7.7M, with costs cut in response to COVID-19. The auger programme stopped after ~1,000m and the Bouaké North permit (385km2) was granted. Dielle soil results expected by May 2020.
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.
1 Apr 2020agm notice● Neutral
Amended AGM notice: the meeting date stays 29 May 2020, but the director nomination deadline moves to 16 April 2020 from 7 April. Administrative only.
31 Mar 2020agm notice● Neutral
Notice that the 2020 AGM will be held on 29 May 2020, with director nominations due by 7 April 2020. Administrative notice only.
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.
31 Jan 2020quarterly activities report● Neutral
Appendix 5B for December 2019 quarter: operating cash outflow A$338k, cash A$7.217M at quarter end, no debt. Next-quarter outflows estimated at A$410k. Notes Gonsan withdrawal and 85% interests in three Gonsan permits ending.
31 Jan 2020quarterly activities report● Neutral
December 2019 quarter: cash about A$7.2M, down from A$7.75M. Work during the quarter outlined 3.2km+ of mineralisation near Tongon, and a large IP survey was planned. Manas withdrew from Gonsan; Bouaké North permit progress is expected next quarter.
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.
30 Oct 2019quarterly activities report● Neutral
September 2019 quarter: cash about A$7.75M, down from A$8.1M. Recaps the IP and aircore results at Mbengué, with infill drilling still needed. Gonsan and Eburnea permits remain pending, with more progress expected next quarter.
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.
30 July 2019quarterly activities report● Neutral
June 2019 quarter: cash about A$8.1M. The Mbengué licence was renewed to December 2021, resolving the renewal thread. 5,000m aircore drilling began in late June, with results due late August. Gonsan and Eburnea permits still pending.
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.
29 Apr 2019quarterly activities report● Neutral
March 2019 quarter: cash about A$8.3M. A soil sampling programme of over 4,900 samples was completed at Mbengué, with results due May-June 2019; Gonsan and Eburnea permits still pending, with news expected in the June quarter.
