# MKR: First Gold Revenues from Wonawinta

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/mkr-first-gold-revenues-from-wonawinta--84a0f7f1-8661-4b63-b601-321ca51fdef2

Original source: https://www.asx.com.au/asx/v2/statistics/displayAnnouncement.do?display=pdf&idsId=03147106

Publisher: asx

Original announcement: 2026-09-30T23:33:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: 2026-10-01T00:15:34.730Z

Atlas analysis updated: 2026-10-01T00:15:34.730Z

- 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

Narrative sentiment: 0.80 · Bullish

## Minestarters Atlas 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 factor: First gold revenues received

- Positive factor: Consistent processing for over five weeks

- Positive factor: Ramping up to 1,750t/day

- Positive factor: Transition to gold-silver producer underway

Facts used in scoring: 1

## Classification and evidence

**Production Milestone**

Polarity: positive

Story-specific tag

Definition: 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 Only**

Polarity: negative

Definition: 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 route

[Link to this fact](https://atlas-staging.minestarters.com/news/mkr-first-gold-revenues-from-wonawinta--84a0f7f1-8661-4b63-b601-321ca51fdef2#fact-metallurgical-facts-0)

Wonawinta · gold

#### 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 factor: Consistent processing achieved

- Positive factor: 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 Route**

Polarity: neutral

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

Why it applies: processing\_route matches the mill\_cil signal

**Low Recovery**

Polarity: negative

Definition: 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.