Many Peaks Minerals finds 3.17g/t gold, expands West African drill plans

• MPK records strong gold hits from RC drilling at Odienné project in Cote d’Ivoire
• Company expands Ferké drilling plans with initial assays pending
• Exploration forms part of earn-in strategy at both projects acquired last year

Special Report: Many Peaks Minerals has recorded results of up to 6m at 3.17g/t gold from 14m in its first RC drilling at the Odienné project in Cote d’Ivoire.

The drilling has extended gold mineralisation identified in previous aircore programs and further defined the structural and lithological controls on mineralisation identified from limited wide-spaced reconnaissance drill testing. 

Best results from 3,794m drilled at the Odienné Gold Project include:

• 21m at 1.21g/t Au, including 6m at 3.17g/t from 14m;
• 2m at 2.78g/t from 90m;
• 9m at 1.24g/t from 78m;
• 10m at 0.88g/t, including 4m at 1.43g/t from 79m; and
• 12m at 0.75g/t, including 3m at 1.45g/t from 74m.

Many Peaks Minerals (ASX:MPK) said the results supported the potential for further gold in the emerging Odienné gold district, which is on trend with major regional deposits such as Robex’s 3.7Moz Kiniero project, Resolute Mining’s 2.16Moz ABC project and recent success at the neighbouring Awalé-Newmont JV 

The Zone C and Zone A prospects highlight a significant mineralised structural feature at Odienné that remains open along strike, with ground geophysics being planned for the coming field season to further refine drill targeting.

Ferké drilling wraps up

The company has also wrapped up reconnaissance RC drilling with 58 holes for 6673m at Ferké project, with assays pending.

The scope of the concurrent diamond drilling campaign has increased from 8000m to 15,000m as MPK continues to seek the extent of gold mineralisation of the Ouarigue prospect.

A second diamond core rig will re-commence drilling this week. 

Drilling at Ferké, and the early stage drilling at Odienné in northwest Côte d’Ivoire form part of Many Peaks’ strategy to advance the Ivorian portfolio of projects acquired in May 2024, with the company able to earn up to an 85% interest on both projects by sole funding exploration to feasibility study on either project.

This article was developed in collaboration with Many Peaks Minerals, a Stockhead advertiser at the time of publishing. 

This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.