Many Peaks Minerals has received new reverse circulation assay results from 54 shallow drill holes totaling 5,988 metres at the Ferké Gold Project in Côte d'Ivoire, delivering extensions within the Ouarigue prospect.

Notable intercepts include hole FNRC275, yielding 44 metres at 1.51 grams per tonne gold from 22 metres depth, and 36 metres at 1.15 grams per tonne gold from 86 metres. Hole FNRC268 intersected 12 metres at 5.50 grams per tonne gold from 109 metres, including 2 metres at 26.9 grams per tonne gold.

Additional results include hole FNRC269 returning 13 metres at 1.92 grams per tonne gold from 11 metres, including 4 metres at 4.20 grams per tonne gold. Hole FNRC238 returned 9 metres at 1.79 grams per tonne gold from 105 metres, while hole FNRC226 intersected 5 metres at 2.36 grams per tonne gold from 16 metres.

The drilling extends gold mineralisation over more than 800 metres of strike within the Inferred portion of the Ouarigue Mineral Resource Estimate, which currently stands at 26.7 million tonnes at 1.54 grams per tonne gold for 1,323,000 ounces. The results support future assessment of a potential resource classification upgrade from Inferred to Indicated, alongside possible strike and down-dip extensions.

Step-out drilling has tested approximately 400 metres of strike north of the current resource boundary. Assay results have been received for the southernmost 100 metres of that test area, while assays remain pending for the remaining 300 metres.

Regional exploration incorporates the Leraba gold corridor at Ferké. Drilling activity is ongoing, with a third diamond core drill rig mobilized in late July to test deeper extensional targets at Ouarigue. A total of 65 reverse circulation holes comprising 7,979 metres have been completed with assays pending, ranging from northern step-out targets to regional targets located up to 4 kilometres south of Ouarigue. Additionally, 43 diamond core holes totaling more than 12,000 metres have been completed and remain pending assay.

Assay results from pending diamond core drilling are anticipated from late August through early October 2026. These programs are designed to underpin resource growth ahead of planned Mineral Resource Estimate updates scheduled for the fourth quarter of 2026.

Read the full announcement: RC Results Advance Ouarigue Resource Upgrade and Expansion