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Thursday, 17 May 2018
Manas Resources Limited is pleased to announce that it has entered
into an earn-in agreement for up to 70% ownership in the Mbengué Gold Project in Côte d’Ivoire, West Africa.
Monday, 30 April 2018
Quarterly Activities Report for the period ended 31 March 2018
Monday, 30 April 2018
Quarterly Cashflow Report for the period ended 31 March 2018

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Manas Resources

Manas Resources Limited (Manas, ASX: MSR) is an ASX-listed gold company that has recently entered into agreements to acquire the rights to earn up to an 85% interest in the Gonsan Project and up to an 80% interest in the Bouaké Nord Project located in Côte d’Ivoire, West Africa. Manas is also progressing the acquisition of the advanced-stage Victoria Gold Project (VGP), strategically located in the multi-million-ounce Lake Victoria Gold Field of northern Tanzania.



Côte d’Ivoire is host to several prolific Birimian greenstone belts extending from neighbouring West African countries that host multi-million-ounce gold deposits. Major gold discoveries in Côte d’Ivoire include Randgold Resources’ 3Moz Tongon deposit and Endeavour Mining’s Ity and Agbaou Au deposits (2.9Moz and 1Moz respectively).

Côte d’Ivoire is recognised as a stable region for foreign investment and remains a vastly underexplored jurisdiction with significant potential for further major gold discoveries. There are currently four operating gold mines in Cote D’Ivoire; Ity, Tongon, and Bonikro (Newcrest Mining), with Perseus Mining’s Sissingué mine pouring its first gold in January 2018.

Both the Gonsan and Bouaké Nord project areas are early-stage, strategically-located holdings over highly prospective Birimian greenstone belts.

Completion of the VGP acquisition remains subject to a number of conditions, including an assessment of the potential impacts of the new Tanzanian mining legislation and regulations.

 

 
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