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Many Peaks Gold Ltd. ( (AU:MPK) ) just unveiled an update.
Many Peaks Minerals Limited reported the completion of 14,845 meters of drilling across its Ferké and Odienné gold projects in Côte d’Ivoire during the December quarter. The Ferké project, notable for its strategic location on the Daloa greenstone belt, revealed multiple new gold targets through auger drilling, with plans for further air core and RC drilling. Meanwhile, at the Odienné project, an extensive air core campaign was completed, with results pending. The company is positioned to advance its exploration efforts with $5.9 million in cash reserves and the recent appointment of Francis Harper as Non-Executive Chairman.
More about Many Peaks Gold Ltd.
Many Peaks Minerals Limited is an exploration company operating in the minerals industry, focusing on gold exploration projects primarily in Côte d’Ivoire. The company is involved in the Ferké and Odienné gold projects, with its operations aimed at uncovering significant gold deposits in strategic locations.
YTD Price Performance: 10.0%
Average Trading Volume: 247,282
Technical Sentiment Consensus Rating: Strong Sell
Learn more about MPK stock on TipRanks’ Stock Analysis page.