Stock Track | Many Peaks Minerals Soars 8.09% on Maiden Mineral Resource Estimate Announcement

Stock Track

04/20

Many Peaks Minerals Ltd (MPK.AU) experienced a significant price surge of 8.09% during intraday trading on Monday.

The movement followed the company's announcement of a maiden independent mineral resource estimate for the Ouarigue prospect area within its Ferke gold project in Ivory Coast. The estimate revealed substantial gold resources of approximately 1.3 million ounces.

Many Peaks Minerals indicated that ongoing drilling is expected to deliver near-term resource growth and increasing confidence in the mineral resource, which will support upcoming pre-feasibility studies. This positive development news generated strong investor interest during the trading session.

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