Many Peaks Minerals Confirms Mineralization Extension in Drilling at Ferké Gold Project, Côte d'Ivoire
2026-04-30 14:21
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en.Wedoany.com Reported - Many Peaks Minerals has made new progress in drilling at the Ferké Gold Project in Côte d'Ivoire. Assay results from the recently completed 8 diamond core holes (totaling 2,415 meters) indicate a further expansion of the gold mineralization footprint, enhancing the reliability of the Ouarigue resource estimate.

Significant intercepts include: 106.7m at 2.52g/t gold from 154.75m (including 17.95m at 8.21g/t gold); 95m at 2.28g/t gold from 253m (including 8m at 9.29g/t gold and 8.6m at 8.83g/t gold); and 81.32m at 2.69g/t gold from 28.2m (including 2.8m at 11.1g/t gold and 18m at 4.67g/t gold).

Currently, two diamond drill rigs continue to operate at Ferké, and one reverse circulation (RC) rig has been mobilized, with regional exploration drilling planned to commence next week. Managing Director Travis Schwertfeger stated: "These results validate the robustness and potential of the initial resource estimate for the Ouarigue prospect. The prevalence of impressive gold grades within the mineralized intrusion increases confidence in geological continuity and future mine planning assumptions. The project supports a resource classification upgrade while also highlighting further growth potential beyond the current resource boundaries."

Previously, Many Peaks Minerals announced an initial resource estimate for the Ouarigue prospect: 26.7 million tonnes at 1.54g/t gold for 1.32 million ounces of contained gold, comprising Measured and Indicated Resources of 23.1 million tonnes (at 1.47g/t gold) and Inferred Resources of 3.5 million tonnes (at 2g/t gold). The company is focused on a portfolio of gold and copper projects in West Africa.

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