Many Peaks Minerals Acquires Baga Gold Project
Key points
- Option exercised to acquire 100% of Baga Gold Project
- 7,500+ soil samples collected, highlighting extensive gold anomalism
- 14,000m auger drilling campaign targeting multiple gold zones
Full summary
Many Peaks Minerals Limited (ASX:MPK) has exercised its option to acquire a 100% interest in the Baga Gold Project, located 50km west of Endeavour Mining's Assafou gold deposit in Côte d'Ivoire. The acquisition follows a soil sampling program that identified extensive gold anomalism over 16km within the 644km² project area. A maiden auger drilling campaign is underway, targeting 9 zones of gold anomalism with a total of 14,000m of drilling planned. The auger drilling aims to refine target definition and generate high-confidence drill targets for follow-up drilling. The project comprises approximately 644km² of exploration tenure situated along the southern extension of the Ouango-Fitini shear corridor.
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