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Many Peaks Minerals Limited (ASX:MPK)

ALERT: Price-sensitive ASX Announcement for MPK
Current share price for MPK : $0.800 -0.095 (-10.61%)+
Announcement
Release
1 Oct 2025 8:33AM
Price at Release
$0.895
Full Release
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Summary
Many Peaks Minerals Limited has announced significant gold assay results from RC drilling at the Ferké Gold project in Côte d’Ivoire. The drilling focused on a 9.5km segment of the Leraba gold trend, with significant gold intercepts returned from multiple reconnaissance and follow-up RC drillings. These results confirm several key targets for further testing of open-ended gold mineralization. Notable drill intercepts include FNRC125 with 24m at 1.33g/t gold from surface and FNRC126 with 7m at 3.16g/t gold from 77m depth. The identified targets are located both south and north of the Ouarigue prospect. Follow-up RC drilling is planned for the December quarter, concentrating initially on priority targets. Additionally, a diamond drilling campaign at Ferké has been underway with over 18,500m completed, aiming to define the extent of gold mineralization at the Ouarigue prospect.
Key Points
  • Significant gold intercepts at Ferké Gold Project.
  • RC drilling focused on 9.5km segment of Leraba gold trend.
  • Key targets identified north and south of Ouarigue prospect.
  • Follow-up RC drilling expected in December quarter.
  • Over 18,500m of diamond drilling completed since April.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.