Manhattan : Investor Presentation – Emerging Goldfield with Proven Gold

INVESTOR PRESENTATION

EMERGING GOLDFIELD WITH PROVEN HIGH GRADE GOLD DISCOVERY

December 2021

ASX: MHC

ACN: 123 156 089

DISCLAIMER

Forward-Looking Statements

This ASX release may include forward-looking statements. These forward-looking statements are not historical facts but rather are based on Manhattan Corporation Limited's current expectations, estimates and assumptions about the industry in which Manhattan Corporation Limited operates, and beliefs and assumptions regarding Manhattan Corporation Limited's future performance. Words such as "anticipates", "expects", "intends", "plans", "believes", "seeks", "estimates", "potential" and similar expressions are intended to identify forward-looking statements. Forward- looking statements are only predictions and are not guaranteed, and they are subject to known and unknown risks, uncertainties and assumptions, some of which are outside the control of Manhattan Corporation Limited. Past performance is not necessarily a guide to future performance and no representation or warranty is made as to the likelihood of achievement or reasonableness of any forward-looking statements or other forecast. Actual values, results or events may be materially different to those expressed or implied in this presentation. Given these uncertainties, recipients are cautioned not to place reliance on forward looking statements. Any forward- looking statements in this announcement speak only at the date of issue of this announcement. Subject to any continuing obligations under applicable law and the ASX Listing Rules, Manhattan Corporation Limited does not undertake any obligation to update or revise any information or any of the forward-looking statements in this announcement or any changes in events, conditions or circumstances on which any such forward looking statement is based.

Competent Persons Statement

The information in this Report that relates to Exploration Results for the Tibooburra Project is based on information review by Mr Kell Nielsen who is a technical adviser to Manhattan Corporation Limited and is a Member of the Australasian Institute of Mining and Metallurgy (AusIMM). Mr Nielsen has sufficient experience which is relevant to this style of mineralisation and type of deposit under consideration and to the overseeing activities which he is undertaking to qualify as a Competent Person as defined in the 2004 and 2012 Editions of the "Australasian Code for Reporting of Exploration Results, Minerals Resources and Ore Reserves'. Mr Nielsen consents to the inclusion in the report of the matters based on his information in the form and context in which it appears.

Details of the Ponton Resource was reported by MHC on the 23 January 2017, "Ponton Mineral Resource Estimates".

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Corporate Overview

Experienced team with proven track record

Mr Marcello Cardaci - Chairman

BJuris LLB, BCom

Mr Cardaci holds degrees in law and commerce and is experience in a wide range of corporate and commercial matters with a particular emphasis on public and private equity raisings and mergers and acquisitions.

	100m out of ~450m
	Strike Extent (Never
Mr Kell Nielsen - Executive Director
BSc, MSc	Drilled)

Mr Nielsen has over 30 years' experience as a qualified Geologist in project generation, exploration and development across a broad range of minerals including gold, copper and base metals. Mr Nielsen has exposure to a diverse range of experiences and roles from grass roots exploration to being at the forefront of discoveries and managing large resource development teams for Placer Dome (Wallaby resource definition >10Moz Au).

Mr John A G Seton - Non-Executive Director

LLM (Hons)

Mr Seton is an Auckland based solicitor with extensive experience in commercial law, stock exchange listed companies and the mineral resource sector. He has successfully developed and operated two gold mines.

Capital Structure

ASX Code	MHC
Market Cap	$20m
Cash	$3.5m
Share Price	$0.014
Shares on Issue1,2	1.526b
Options1,3	200m

Major Shareholders

Tribeca Investment	8%
Top 20	34%

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Manhattan Projects

Projects in emerging and under-explored districts

					Tibooburra Project
					✓ Flagship project Located in emerging
					Koonenberry Gold District, North of
					Broken Hill NSW
					Large scale potential
Ponton Uranium Project				✓ Large 2,200 km2 strategic land holding
			in the emerging Koonenberry Gold
✓ Located ~200km northeast of					District
Kalgoorlie				✓ 220km gold strike extent
✓ Inferred resource of 17.2 million				✓ Mineralisation styles and structural
pounds (Mlb) grading 300ppm
			development in the Tibooburra
uranium oxide (U3O8)		Ponton Uranium	Tibooburra
✓ Carbonaceous sand hosted			Goldfields are remarkably similar to the
			Victorian Goldfields in the Western

uranium	Lachlan Orogen

• Mineralisation located in shallow reduced sand hosted tabular deposit in a confined palaeo channel
  - potentially amenable to in-situ metal recovery

Advanced high-grade project

• Drilling has intersected significant mineralisation
• Multi-Millionounce potential

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MHC Timeline and News flow

Drilling to re-commence January 2022

					▪ Shallow high-grade gold
					mineralization intersected at New
			▪ New shallow high-grade gold	Bendigo inc 30m @ 4.03 g/t Au from
▪	Completed acquisition of	lode discovered outside New	11m inc 5m at 20.86 g/t Au from
	Bendigo	11m.
	Awati Resources Pty Ltd
	7m @ 18.16 g/t Au from 87m
▪	2,500m drill program	▪ Drilling extended the known extent
	▪ Additional 5,000m RC drilling	of shallow mineralisation by 50%
	started
	planned
		APR 2020		JUN 2020		OCT 2020

AC drilling intersected new zone of	Drilling to recommence and will
gold mineralisation returning 12m @	run through the first quarter of
1.14 g/t Au from surface	2022
	FEB 2021		JAN 2022

	MAY 2020		AUG 2020		NOV 2020
Completed initial	▪ Completed initial 2,500	Aggressive 30,000m drill
2,500 drill program	drill program and	program commenced
and extended RC	extended RC drilling by	including 20,000m of AC
drill coverage by	500-800m	drilling and 10,000m of RC
500-800m	▪ Plans for AC drill program	drilling
		announced

DEC 2021

• All results received from 20 RC drill holes
• ~2,100m of 5000m
• Significant mineralisation in all holes with
• • 8m @ 40.5 g/t Au from 70m, inc 3m at 105.34 g/t Au
  • 16m @ 13.89 g/t Au from 1m, inc
    3m @ 69.20 g/t Au

MAR 2022

Drilling results announced between January and March 2022

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