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Highlights
- Many Peaks expands mineralisation footprint at West African gold project
- Strong drill results point to depth and volume potential
- Ferké Project gains momentum with evolving bulk tonnage target
Many Peaks Minerals (ASX:MPK) is making notable progress in West Africa, where recent drilling at its Ferké Gold Project is expanding the footprint of gold mineralisation. As part of its broader exploration efforts, the company has now completed over 11,000 metres of diamond drilling across dozens of holes, supported by a complementary reconnaissance drilling program currently in progress.
While not currently a constituent of the ASX 200 share price, the pace and scale of Many Peaks’ drilling campaign reflect the type of aggressive exploration effort that often garners attention in the Australian mining landscape. The company is focused on unlocking large-scale potential at Ferké, a strategy that aligns with the broader push among explorers to position themselves for potential inclusion in key indices.
Recent drillholes have confirmed an increase in the mineralisation volume, particularly through intersections of gold-bearing disseminated sulphide zones. These results stem from both infill and extension drilling efforts, aiming to delineate a more defined and potentially mineable zone. The wide intercepts from recent campaigns have significantly expanded the known gold zones along strike and at depth.
One standout drillhole intersected a notably broad mineralised intrusion zone, reinforcing earlier expectations of a bulk tonnage target taking shape at the project. This finding represents a meaningful progression from the company’s previously reported intercepts and helps outline the evolving geological model at Ferké.
The campaign has now progressed through 1,845 metres of targeted diamond drilling from seven holes, with mineralisation showing promising continuity. Many Peaks is also awaiting results from over 20 completed drillholes, alongside outcomes from its ongoing reverse circulation program, which is aimed at testing broader regional targets within the permit area.
With each stage of exploration, the Ferké Gold Project is gaining definition as a compelling gold system with depth, grade, and width characteristics that support long-term development potential. Many Peaks continues to refine its geological understanding, guided by the unfolding data from its drilling activities.
The company’s broader objective remains clear: to advance its portfolio of gold and copper assets across West Africa while strategically positioning its flagship projects for future growth milestones. As exploration continues, further updates are expected to provide a clearer picture of Ferké’s full resource potential and its role in the company’s growth journey.
