Many Peaks Minerals (ASX:MPK) said diamond drilling results confirmed extensions to mineralization along strike and at depth at the Ferké gold project in the Ivory Coast, with increasing widths of mineralized zones intersected, according to a Tuesday Australian bourse filing.
It hit intercepts of 87 meters at 1.67 grams per tonne grade of gold from 221 meters, as well as 84 meters at 1.53 g/t grade of gold from 58 meters.
Diamond drilling and reconnaissance reverse circulation drilling are ongoing at the project.
Its shares jumped over 5% in recent trading on Tuesday, reaching their all-time high.