MHC manhattan corporation limited

Agree, hopefully if nothing else this provides those that want...

  1. 485 Posts.
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    Agree, hopefully if nothing else this provides those that want out with an opportunity.
    TBH it looks like prospective ground geologically, but it’s going to be incredibly capital intensive to explore….far more so than both central NSW and Nova Scotia combined.
    These projects are 100 to 200 km southwest of Rankin Inlet…no roads/tracks whatsoever, it will be basically all helicopter supported exploration and drill programs (which they fail to disclose). Nothing wrong with Heli-supported exploration, its common practice up there, but you either need a very large cushy budget, or you need to be very selective, smart, and efficient in how you apply a smaller budget.
    Selective, smart, and efficient...MHC(?)
    Down in the fine print…‘before any drilling a land use permit will be required from the Crown-Indigenous Relations and Northern Affairs Canada (CIRNAC) and a water license from the Nunavut Water Board (NWB)’

    Given the logistics and costs to explore in a place like that, coupled with MHC’s track record, Id be surprised to see any drilling before the end of 2026.
 
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