MAN 1.54% 3.2¢ mandrake resources limited

Next steps:The Company will immediately focus efforts on...

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    Next steps:
    The Company will immediately focus efforts on near-surface high-grade targets
    designed to improve the understanding of the high-grade mineralisation.
    Forthcoming activities in Q2-Q4 2022 include:-
    • Mandrake employee already on the ground organising field activities and
    building in country exploration team.
    • Initiate stakeholder engagement with a focus on building community.
    relationships to ensure Mandrake is putting the best available operational,
    technical, environmental, social, and governance (ESG) practices in place.
    • Release of detailed rock-chip sampling (assays pending) and mapping work.
    Interpretation of recent modern soil geochemical sampling data.
    • Interpretation and modelling of previous geophysical survey.
    Re-logging (all core and rock chips available) and re-interpretation of drilling is
    already underway
    with a focus on understanding the structural controls and
    plunge of the high-grade zones.
    • Confirmation and extensional drilling to test the continuity of high-grade zones.
    • Commence metallurgical testwork and process route determination; and
    • Complete a maiden JORC Resource estimate.
 
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