Manuka Resources Limited (ASX: MKR), an Australian gold and silver producer and explorer primarily focused on its operations within the Cobar Basin in New South Wales, has announced robust gold sales for October. The company generated A$3.91 million as its Wonawinta processing plant continues to advance towards its target production levels. This update follows the recommencement of gold processing operations at the facility on 22 August 2026, marking steady progress in establishing regular precious metal deliveries.
During October, Manuka Resources completed three deliveries of gold and silver to ABC Refinery, contributing to the A$3.91 million in sales. These deliveries comprised 651 ounces of gold and 1,443 ounces of silver. Building on this momentum, the company has transitioned to a weekly delivery schedule, with four precious metals deliveries slated for November, commencing from the first week. This shift is anticipated to increase overall delivery volumes as gold inventories within the processing circuit continue to build.
Looking ahead, Manuka Resources expects the average head grade to improve from the current 0.81 grams per tonne gold towards the JORC reserve head grade of 1.1 grams per tonne gold, subject to normal operational and geological variability. The Wonawinta plant operations have maintained stability, broadly aligning with management’s operational expectations since the restart of Mt Boppy gold ore processing. The company also continues to actively identify and process additional sources of gold-bearing material from existing inventories and ongoing operational activities, reinforcing its commitment to consistent production.
