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The latest announcement is out from Many Peaks Gold Ltd. ( (AU:MPK) ).
Many Peaks Minerals Limited has completed the second phase of diamond drilling at the Ferké Gold Project’s Ouarigue South prospect, revealing significant extensions to gold mineralization. The results indicate increasing gold grades and volumes with depth, prompting the company to initiate an additional 4,000 meters of diamond drilling and deploy a second drill rig to accelerate exploration. This expansion is expected to enhance the project’s potential and improve resource estimation, benefiting stakeholders by increasing the project’s scope and potential profitability.
More about Many Peaks Gold Ltd.
Many Peaks Minerals Limited is a company involved in the mining industry, focusing on the exploration and development of gold mineralization projects. Their primary focus is on the Ferké Gold Project in Côte d’Ivoire, where they are actively expanding their exploration efforts to identify and develop high-grade gold deposits.
Average Trading Volume: 406,929
Technical Sentiment Signal: Buy
See more data about MPK stock on TipRanks’ Stock Analysis page.