MKR: First Gold Revenues from Wonawinta

Original announcement by asx on

Company
Manuka Resources Limited
Ticker
MKR
Exchange
ASX
Region
Cobar Basin, NSW
Primary commodity
Gold
Secondary commodities
Silver
Document categories
Metallurgy, Production
Extracted
2026-10-01 00:15:35 UTC

Analysis by Minestarters Atlas

Atlas analysis published:

Minestarters Atlas analysis

Summary

Manuka Resources has received its first gold revenues following the restart of operations at the Wonawinta processing facility. The plant is currently ramping up processing of Mt Boppy material at approximately 1,750t/day with gold recoveries around 75%.

Reasoning: The announcement marks a major operational milestone with the transition from plant recommissioning to actual revenue generation.

Positive factors

  • First gold revenues received
  • Consistent processing for over five weeks
  • Ramping up to 1,750t/day
  • Transition to gold-silver producer underway

Facts used in scoring: 1

Classification and evidence

Production Milestonepositive · Story-specific tag

No canonical definition is currently available.

Why it applies: First gold revenues received following plant restart

Evidence · text

“First gold revenues received following the restart of operations at Wonawinta”

Single Domain Onlynegative

Testing limited to one composite or domain — representativeness not established.

Why it applies: only one composite was tested

Extracted facts

Stored fact records: 1. Some facts used in scoring do not have a stored record.

Metallurgical Results (1)

mill routeWonawinta · goldRecovery: 75 %Head Grade: 1Head Grade Unit: g/tView all details
Link to this fact

Identity

Project
Wonawinta
Commodity
gold
Region
cobar basin, nsw
Reported Region
Cobar Basin, NSW
Ticker
MKR

Test Work

Program Status
optimization
Test Type
mill route
Processing Route
carbon in the leach circuit
Sample
Mt Boppy material (ROM and rock dumps)

Recovery

Recovery
75 %
Recovery Basis
actual_test
Head Grade
1
Head Grade Unit
g/t

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: Steady production metrics reported during ramp-up phase.

Positive factors

  • Consistent processing achieved
  • Ramping up to 1,750t/day

Evidence · text

“ramping up processing of Mt Boppy material... to a rate of 1,750t/day at a head grade of ~1.0 g/t Au, with recoveries of approximately 75%”

Tags used in scoring

Mill Routeneutral

Processing via mill or concentrator (CIL, CIP, tank leach, flotation).

Why it applies: processing_route matches the mill_cil signal

Low Recoverynegative

Recovery below the weak band for the commodity and processing route.

Why it applies: 75% is below the weak band (80%)

How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.