• Maiden MRE of 26.7Mt @ 1.54g/t gold for 1,323,000 ounces
• 83% of the resource in Measured and Indicated categories
• Significant potential for resource growth and expansion

Many Peaks Minerals Limited (ASX:MPK) has announced a maiden independent Mineral Resource Estimate (MRE), reported in accordance with the JORC Code (2012), for the Ouarigue prospect area within the Ferke Gold Project located in the Republic of Cote d'Ivoire. The MRE stands at 26.7Mt @ 1.54g/t gold for 1,323,000 ounces, including 23.1Mt @ 1.47g/t gold Measured and Indicated, and 3.5Mt @ 2.00g/t gold Inferred. The MRE was generated with an economic cut-off of 0.38g/t gold defined by a US$2,400/oz gold price. The resource has significant potential for growth, with the northern limb of the metasediment mineralisation drilled to less than 100m vertical depth and the lower extent of the mineralised intrusion data being constrained. The Company plans to complete an updated MRE targeting resource growth and increased resource confidence to underpin a Pre-Feasibility Study to be completed in Q4 2026. Concurrent with exploration and resource delineation, Many Peaks has initiated work on a PFS for Ouarigue to define the economic viability and development plan for the Ferke project.

The Company is targeting significant advancements in determining the scale of endowment at the Ferke project through ongoing exploration and resource growth drilling in the 2026 financial year.

Many Peaks is well positioned to advance the Ferke Gold Project, with a maiden high-confidence MRE of 1.3 Moz at 1.54g/t gold and significant potential for resource growth. The Company plans to complete an updated MRE and a Pre-Feasibility Study for the project in the fourth quarter of 2026.