MPK.ASX: RC Results Advance Ouarigue Resource Upgrade and Expansion

RC Results Advance Ouarigue Resource Upgrade and Expansion

Stock	Many Peaks Minerals Ltd (MPK.ASX)
Release Time	20 Aug 2026, 9:13 a.m.
Price Sensitive	Yes

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Many Peaks Minerals Announces Ouarigue Resource Expansion

Key Points

Ouarigue gold mineralisation extends over 800m of strike
Significant intercepts include 44m @ 1.51g/t gold
Additional drilling targets depth and strike extensions
Assays pending for further exploration and resource growth

Full Summary

Many Peaks Minerals Limited (ASX:MPK) has reported additional gold assay results from its Ferké Gold Project in Côte d'Ivoire, highlighting continuity and expansion of gold mineralisation at the Ouarigue prospect. The latest reverse circulation (RC) drilling results from 54 holes, totaling 5,988 meters, demonstrate significant gold intercepts, including 44 meters at 1.51 g/t gold. These results extend and confirm the continuity of gold mineralisation over more than 800 meters of strike within the Inferred portion of the Ouarigue Mineral Resource Estimate (MRE). Step-out drilling has tested approximately 400 meters of strike north of the current MRE boundary, with assays pending for the remaining 300 meters. Additionally, an additional 65 RC holes, totaling 7,979 meters, and 43 diamond core holes, totaling over 12,000 meters, are pending assay results, focusing on down-dip and strike extensions at Ouarigue and new targets up to 4 kilometers south of Ouarigue.