Diamond and reverse circulation drilling is now in progress, and ground geophysical survey work underway at Many Peaks’ (ASX:MPK) Ferké Gold Project in Côte d’Ivoire.
Initial drill results from the current program initiated in November are anticipated in January 2026, with drill assays and results of other active field programs to follow throughout the next two to six months.
Managing Director Travis Schwertfeger says the company’s rapid success in Côte d’Ivoire has resulted from steady acceleration of exploration activity over the past year, “yielding resource potential with multiple high-grade gold intercepts at Ferké and delineation of extensive trends of gold mineralisation ready for follow-up work at Odienné”.
“Following the pace at which the projects have evolved over the past 9 months, our team is extremely excited to kick-off our 2025-26 field season with an aggressive start as we advance towards a maiden resource for Ferké in 2026 and focus on continued resource growth beyond our next milestones,” Schwertfeger says.
Concurrently, sampling on extensions to surface geochemistry on newly defined mineralised trends, and initial field work supporting planned induced polarity (IP) ground geophysical campaigns, are now in progress at the Odienné Gold Project.
Drilling comprises an initial 15,000m for the 2025-26 field season, and the company is funded for increases to the drilling in 2026 based on results as work progresses.
Following completion of Ouarigue prospect extension drilling, RC and diamond rigs will move directly onto follow-up drilling of several priority regional targets.
Many Peaks notes the mineralised structure at Ferké continues beyond the Ouarigue prospect drilling, along the >37km Leraba gold trend located within the Ferké project. Recent success in the 2025 reconnaissance RC results highlights several discrete drill-ready targets.
Ground geophysics are being advanced on priority targets generated from drilling and airborne geophysical datasets to better refine follow-up drill targeting in planned programs.
The first 8,000m of the 15,000m campaign targets extensions to gold mineralisation that remain open in all directions at the Ouarigue prospect.
Gold mineralisation at Ouarigue extends for over 1.5km along a north-south trending mineralised shear zone and features an over 500m extent of mineralised intrusion that trends down-dip to the south from outcropping gold mineralisation.
Write to Adam Orlando at Mining.com.au
Images: Many Peaks
