Many Peaks Minerals (ASX:MPK) said it plans to complete drilling and studies to prepare for its inaugural mineral resource estimate, via the capital raised through a recent AU$13.5 million equity raise, according to a Friday ASX filing.
It also plans to begin exploration following the granting of the Ferké South exploration license application in the Ivory Coast.
It added that early work is progressing at the Baga gold project in the Ivory Coast.