• Diamond core results strengthen emerging high-grade zones at Ferke
• Drilling focused on defining extent of gold mineralization at Ouarigue prospect
• Drilling program expanded from 6,000m to over 22,000m

Many Peaks Minerals Limited (ASX:MPK) is pleased to announce assay results from diamond drilling at the Ferke Gold Project in Cote d'Ivoire. The current drill campaign is focused on defining the extent of gold mineralization at the Ouarigue prospect, which covers a 1.5km segment of the 37km long Leraba gold trend at Ferke. Highlights include extensions of high-grade gold zones within the bulk tonnage target, with intercepts such as 55m @ 2.85g/t gold, including 6m @ 11.2g/t gold, and 31.77m @ 3.37g/t gold, including 4.25m @ 16.1g/t gold. The drilling has more than tripled the vertical extent of gold mineralization at Ouarigue and demonstrated strike extensions, outlining a substantial bulk tonnage target with increasing gold grades at depth. The Company has expanded the initial 6,000m drilling program to over 22,000m following the success in extension drilling. Further drilling is planned to test the down-dip and lateral extensions of the mineralization as the Company works towards defining a maiden resource.

Ongoing diamond core drilling is expected to complete in October, followed by an additional 6,000m of RC drilling planned to commence in November to follow-up on success in recent reconnaissance drill programs.