Many Peaks Minerals’ (ASX:MPK) share price has increased by 11.51% in today’s (22 September) trading session on the Australian Securities Exchange (ASX).
This jump in trading follows the company’s announcement, where diamond core drilling extended gold mineralisation by 70% at the Ouarigue prospect within the Ferké Project in Côte d’Ivoire.
As reported, drilling extended ‘high-grade’ gold intercepts from approximately 540m depth to more than 900m vertical depth at Ouarigue.
Many Peaks is now trading shares at $0.92 each, up from $0.825 yesterday at close.
The company has 170.78 million shares on issue currently and holds a market capitalisation of $140.89 million.
The S&P/ASX 200 is up today, gaining 17.90 points to hold a total of 8,749.80 points.
Materials are performing higher on the index as well, with a 0.60% increase today.
Top performers today include Sunrise Energy Metals (ASX:SRL), Firefly Metals (ASX:FFM), and Minerals 260 (ASX:MI6).
Write to Maddison Elliott at Mining.com.au
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