Quarterly Activities Report & Appendix 5B

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Stock Many Peaks Minerals Ltd (MPK.ASX)
Release Time 27 Oct 2025, 12:45 p.m.
Price Sensitive Yes
 Quarterly Activities Report & Appendix 5B
Key Points
  • Positive assay results from diamond drill programs at the Ferké Gold Project
  • Binding agreement executed to acquire an application for exploration permit covering Ferké South
  • Positive results from 32-hole RC program at the Odienné Gold Project
Full Summary

Many Peaks Minerals Ltd (ASX:MPK) reported the results of its Quarterly Activities for the period ending 30 September 2025. The company completed 13,137m of diamond core and reverse circulation (RC) drilling at the Ferké Gold Project, with assay results demonstrating a large target at the Ouarigue prospect. Highlights included 75.0m @ 6.11g/t gold from 427.0m, including 7.07m @ 52.9g/t gold, and 84.8m @ 3.01g/t gold from 295.8m, including 7.5m @ 9.27g/t gold. The company also announced a binding agreement to acquire an application for an exploration permit covering the Ferké South project, which will increase the company's total land holdings in Côte d'Ivoire to 2,140km2. At the Odienné Gold Project, the company completed a 32-hole RC program, with results including 21m @ 1.21g/t gold at the Zone C prospect. The company raised A$13.5 million during the quarter and had A$15.8 million in cash and investments as of 30 September 2025.

Guidance

The company did not provide any high-importance, price-sensitive forward-looking financial metrics in the announcement.

Outlook

The company did not provide any forward-looking outlook statements in the announcement.