About Us

Manuka Resources (ASX:MKR) owns the Wonawinta silver project and the Mt Boppy gold project in the highly prospective Cobar Basin.  Through its subsidiary Trans-Tasman Resources it owns the Taranaki VTM Project a large scale low CO₂  emissions  iron, vanadium and titanium offshore development using proven technology in the Taranaki Bight New Zealand.

The Cobar Basin hosts some of Australia oldest and deepest operating mines and has long been an established mining region with support services and infrastructure to hand.

The Wonawinta project consists of a 52m oz shallow silver oxide resource, well maintained cyanide leach plant capable of processing in excess of 850,000 tpa an 80 room camp, landing strip and pastoral lease complete the project which is approximately an hours drive south from Cobar. The plant footprint has sufficient scope to allow for additional circuitry eg flotation cells, extra ball mills and could be configured to process sulphide ores at a later date.

Mt Boppy gold mine has been an open cut operation over the past 20 years originating as a manual underground development in the late 1800’s. Most recently Manuka Resources mined and processed (through the Wonawinta plant) over 500,000 tonnes of gold ore at an average grade of 3.7 g/t (2021- 2022).  The in-pit resource will be subject to further drilling to allow for re-entry and expansion in the near future. The Company embarked on a trial phase of processing from the waste dump and ROM pad in late 2023. This trial demonstrated the leachability of this material and confirmed that re-establishing a processing plant at Mt Boppy  would be the optimal development path.

The Taranaki VTM (vanadium, titanium and iron) project is one of the most exciting resource development projects in New Zealand. This project is held via Manuka’s NZ subsidiary Trans-Tasman Resources (TTR) and is the result of over $NZ80m expenditure since 2008. The Taranaki VTM project contains a significant vanadium resource, a metal which is on the NZ 2024 critical mineral list. The pre-feasibility study demonstrated that the CO₂ emissions could be less than a third of a comparable open pit iron ore mine. This is due to the processing of the iron sands being wholly conducted on an integrated mining vessel (IMV) using conventional processing and extraction technology. No part of this operation will be conducted onshore.  The South Taranaki Bight is a major oil and gas production area and already has suitable service infrastructure which this project will lever off and extend.  It will be a major employer in the region of well paid and skilled jobs. There will be significant flow through benefits to many local support businesses.