• Exploration activity commenced for 2025-26 field season at Ferke and Odienne Gold Projects
• Diamond and RC drilling underway at Ferke, with an initial >15,000m planned
• Drilling at Ferke to focus on extensions to open gold mineralisation

Many Peaks Minerals Limited (ASX:MPK) has announced that diamond and RC drilling are now in progress, and ground geophysical survey work has commenced at the Ferke Gold Project (Ferke). Concurrently, sampling on extensions to surface geochemistry on newly defined mineralised trends, and initial field work supporting planned induced polarity (IP) ground geophysical campaigns, are now in progress at the Odienne Gold Project (Odienne). The RC and Diamond drilling now in progress at Ferke comprises an initial 15,000m of planned drilling for the 2025-26 field season, and the Company is funded for increases to the drilling in 2026 based on results as work progresses. The first 8,000m of the >15,000m campaign at Ferke targets extensions to gold mineralisation that remain open in all directions at the Ouarigue prospect. Gold mineralisation at Ouarigue extends for over 1.5km along a north-south trending mineralised shear zone and features an over 500m extent of mineralised intrusion that trends down-dip to the south from outcropping gold mineralisation. Initial drill results from the current programme initiated in November are anticipated in January, with drill assay results and results of other active field programmes to follow on regular intervals throughout the next 2 to 6 months. The Odienne Gold project is currently being advanced with additional surface geochemistry, where the initial RC drill campaign completed earlier this year returned 21m @ 1.21g/t gold, with limited surface geochemistry work completed on open extension to the mineralised trend. Surface geochemistry work will be complemented by ground geophysics expected to be completed next quarter, which will help prioritise targets for the budgeted follow-up drill program at Odienne.

Following the pace at which the projects have evolved over the past 9 months, the company's team is extremely excited to kick-off the 2025-26 field season with an aggressive start as they advance towards a maiden resource for Ferke in 2026 and focus on continued resource growth beyond their next milestones.