Many Peaks Minerals Expands Ferké Gold Mineralisation Beyond 1.1km

Many Peaks Minerals (ASX:MPK) has delivered impressive drilling results that significantly expand the gold mineralisation footprint at its Ferké Gold Project in Côte d'Ivoire. The latest resource delineation drilling has extended the known mineralised corridor to over 1.1 kilometres, representing a substantial 600-metre extension to the previously modelled gold zone. This remarkable Many Peaks Minerals Ferké Project expansion demonstrates the project's growing potential as a major gold discovery in West Africa.

The drilling campaign has yielded exceptional intercepts, highlighted by 49.37m @ 1.84g/t gold from 324m depth, including a higher-grade section of 31.17m @ 2.50g/t gold. These results demonstrate both the scale and grade continuity that investors look for in a developing gold project.

Outstanding Drilling Results Drive Resource Growth

The comprehensive drilling programme comprised 71 RC drill holes totalling 7,861 metres, with all assay results now received. Concurrently, diamond drilling continues with 27 holes totalling 5,528 metres, of which eight have returned assays.

Key intercepts from the drilling programme include:

The systematic 50-metre spaced drilling along an 800-metre target corridor has successfully connected previously isolated mineralised zones, creating a continuous 1.1-kilometre strike extent at the Ouarigue prospect. Furthermore, this expansion represents a critical milestone in the Many Peaks Minerals Ferké Project expansion strategy.

CEO Travis Schwertfeger commented: "The RC results expand the modelled corridor of mineralisation at the Ouarigue prospect to >1.1km extent and highlight potential for a significant mineralised volume increase outside of the 500m extent of mineralised intrusion body that was the focus of 2025 drilling."

Understanding Strike Extent: A Key Measure of Resource Potential

Strike extent refers to the horizontal length of mineralisation along the surface or at depth. In gold exploration, strike extent is crucial because:

• Larger strike extents typically indicate more substantial resource potential
• Continuous mineralisation along strike suggests geological controls that favour gold deposition
• Extended corridors provide multiple targets for resource definition and potential mining scenarios

For investors, the expansion from 500 metres to over 1.1 kilometres represents more than a doubling of the prospective strike length. Consequently, this significantly enhances the project's resource potential and economic viability.

Strategic Drilling Targeting Pit-Optimised Resources

The diamond drilling programme specifically targeted pit-constrained extents around the Ouarigue mineralised intrusion. This approach focuses on areas that could potentially be mined using lower-cost open-pit methods rather than more expensive underground operations.

Pit-optimised drilling highlights:

• FNDC093: 49.37m @ 1.84g/t from 324m depth – significantly extending the mineralised intrusion
• FNDC091: 10.1m @ 2.59g/t with 9.5m estimated true width
• FNDC094: 6.23m @ 1.36g/t with 5.6m estimated true width

The CEO noted that "all of the reported significant diamond intercepts have strong potential to be pit constrained resources," indicating high likelihood for resource to reserve conversion and improved economics for the project.

Expansion Opportunities Accelerate Development Timeline

Ferké North Permit Renewal Secured

The company has received confirmation that the Ferké North exploration permit (PR367) is in good standing, with renewal granted through 29 September 2027. This provides security of tenure for continued exploration and development activities.

Ferké South Adding 125% More Strike Length

The Ferké South expansion has received ministerial approval in Côte d'Ivoire, representing a critical step toward permit grant. Once granted, this will add approximately 20 kilometres of prospective strike length – a 125% increase to the mineralised corridor.

Combined Ferké Project Statistics:

• Current area: ~300km² (Ferké North)
• Expanded area: 521km² (with Ferké South)
• Total strike potential: 37km of mineralised trend

In addition, this expansion perfectly aligns with the broader Many Peaks Minerals Ferké Project expansion vision for regional domination.

Accelerated Development Programme Through 2026

Many Peaks has mobilised a second diamond drill rig to maintain exploration momentum, with drilling continuing throughout the year. The development timeline includes:

Q2 2026

• Mineral resource estimation based on drilling cut-off
• Resource modelling and geological interpretation

Q4 2026

• Pre-feasibility study delivery
• Metallurgical and engineering studies
• Economic assessment

Ongoing Activities

• Extensional drilling targeting resource growth
• Reconnaissance drilling on regional targets
• Metallurgical testing and study work

However, the accelerated timeline remains subject to successful completion of the ongoing Many Peaks Minerals Ferké Project expansion drilling programme.

Strong Investment Thesis Supported by Regional Success

Established Gold Province

The Ferké Project sits within Côte d'Ivoire's prolific Birimian greenstone belt, which hosts numerous world-class gold deposits. The project benefits from:

• Proven geological setting with orogenic lode gold mineralisation
• Established mining infrastructure in the region
• Favourable mining jurisdiction with clear regulatory framework

Multiple Value Drivers

Why Should Investors Follow Many Peaks Minerals?

The latest drilling results position Many Peaks as a compelling gold exploration story with multiple catalysts for value creation. The company has successfully demonstrated significant potential through its systematic exploration approach.

Resource Scale: The expansion to 1.1+ kilometres strike extent with mineralisation remaining open in all directions indicates substantial resource growth potential. For instance, this represents more than a doubling of the previously known mineralised footprint.

Grade Continuity: Consistent gold intercepts across the extended corridor, with grades ranging from 1.19g/t to 3.65g/t, support robust resource modelling. Furthermore, these grades are economically attractive for potential open-pit mining scenarios.

Development Momentum: With two drill rigs operating and a clear pathway to pre-feasibility study by Q4 2026, the company is advancing rapidly toward development decisions. This accelerated timeline positions investors to benefit from multiple value-creation milestones.

Regional Opportunity: The pending Ferké South permit will more than double the project area, providing extensive blue-sky exploration potential across a 37-kilometre mineralised trend. Consequently, this creates multiple opportunities for additional discoveries beyond the current focus area.

Key Takeaway:
The Many Peaks Minerals Ferké Project expansion has transformed the project from a 500-metre prospect to a 1.1+ kilometre corridor of gold mineralisation, with significant expansion potential still to be unlocked. The combination of strong drill results, secured tenure, and aggressive development timeline makes MPK a compelling gold story to watch as it advances toward resource definition and feasibility studies.

Could Many Peaks Be Your Next Gold Investment Opportunity?

With drilling results revealing a 1.1+ kilometre gold corridor that remains open in all directions and a clear development pathway to pre-feasibility study by Q4 2026, Many Peaks Minerals presents a compelling investment proposition. The company's systematic approach to expanding the Ferké Gold Project, combined with secured tenure and aggressive exploration timeline, positions MPK as a standout opportunity in the West African gold sector. To explore the full investment potential of this rapidly advancing gold project and stay updated on upcoming drilling results and development milestones, visit Many Peaks Minerals' official website.