• Historical datasets compiled show gold mineralisation extends for 37km
• Previous shallow drilling confirmed mineralised Leraba Gold corridor continues into Ferke South
• Significant intercepts returned on all lines of historical drilling, with mineralisation open in all directions

Many Peaks Minerals Ltd has compiled historical exploration data for the Ferke South Gold Project in Cote d'Ivoire, revealing a 37km gold corridor with significant intercepts and open mineralisation in all directions. Previous shallow RC drilling by Newmont Overseas Exploration Limited in 2010 confirmed the mineralised Leraba Gold corridor continues into the Ferke South permit area, with wide-spaced drill lines returning intercepts such as 6m @ 2.21g/t gold from 4m, and 7m @ 0.7g/t from 50m (end of hole) in SKRC37. Significant intercepts were returned on all lines of historical drilling, with higher-grade intercepts encountered on the southern 2 of 5 lines drilled. The geometry of mineralisation is not yet interpreted, and further drilling is recommended. Surface geochemistry data, including rock chip results up to 118g/t gold and 56g/t gold, as well as soil anomalism exceeding 1g/t Au, highlight numerous untested targets ready for follow-up. With two diamond drill rigs currently in use at the adjacent Ferke North permit, and plans to mobilise an RC rig, Many Peaks is well positioned to immediately step onto priority targets within Ferke South following grant of the exploration permit, anticipated in the next quarter.

Following the rapid success at Ferke North, where a maiden mineral resource estimate is anticipated next quarter and a pre-feasibility study by year-end, Many Peaks is pleased to see such high confidence exploration targets evolving along trend at Ferke South, suggestive of continued growth for the Ferke Gold Project.