Many Peaks Minerals Gold Drilling Results Deliver Exceptional Bulk-Tonnage Intercepts

Outstanding Drill Results Confirm Substantial Bulk-Tonnage Target

Many Peaks Minerals gold drilling results continue to showcase the consistent high-grade nature of the Ouarigue prospect, with standout intercepts that significantly enhance the geological understanding of this emerging gold system. Furthermore, these results demonstrate the robust potential for large-scale gold extraction operations.

Key Drill Highlights

The latest drilling campaign has delivered exceptional intercepts that validate the geological model established over the past year:

These Many Peaks Minerals gold drilling results further validate the company's geological model, which has more than tripled the vertical and lateral extent of gold mineralisation at Ouarigue over the past year. The drilling consistently demonstrates increasing gold grades with depth, a critical characteristic for potential economic viability.

In addition, the exceptional intercepts including 105m @ 2.28g/t gold and 39.15m @ 2.38g/t gold from surface mark a critical milestone for Many Peaks. These results represent the cut-off point for data inclusion in the planned MRE scheduled for early Q2 2026.

Advancing Metallurgical Understanding

Many Peaks has completed a comprehensive 19-hole metallurgical drilling program totalling 1,837m. This strategic campaign addresses a crucial aspect of project development by confirming processing characteristics across all defined mineralised domains.

Preliminary metallurgical results indicate exceptional recovery potential:

• 94% gold recovery under favourable leach conditions
• Non-refractory sulfide mineralisation in both intrusion and shear zones
• Confirmation that the deposit is amenable to conventional processing methods

Metallurgical drilling successfully delivered representative sample material across all defined mineralised domains at Ouarigue for more advanced metallurgical test work to be completed over the coming months.

The remaining 12 metallurgical drill holes are expected to report results by the end of June quarter. Consequently, this will provide comprehensive data to support the planned pre-feasibility study.

Understanding Gold Grade and Tonnage Potential

What is a Bulk-Tonnage Gold Deposit?

A bulk-tonnage gold deposit typically contains large volumes of mineralised material at moderate grades (generally 1-3g/t gold). These deposits can be economically extracted through open-pit mining methods and offer several advantages:

• Scale advantages through large resource bases
• Lower operational risk due to predictable, consistent mineralisation
• Extended mine life potential supporting long-term cash flow
• Economies of scale in processing and infrastructure

Many Peaks Minerals gold drilling results at Ouarigue demonstrate characteristics typical of bulk-tonnage systems. Furthermore, the consistent wide intercepts across multiple drill holes show increasing confidence in geological continuity.

Accelerated Development Timeline

Many Peaks is maintaining an aggressive exploration and development schedule. Currently, two diamond drill rigs are operating at Ferké with plans to mobilise an RC drill rig shortly. The company has established clear milestones for 2026:

2026 Development Roadmap

The company has completed 10,150m of drilling across 64 holes in 2026 to date. However, 20 diamond holes are currently pending assay results. This aggressive drilling pace demonstrates management's commitment to rapidly advancing the project through key development milestones.

Expanding the District-Scale Opportunity

Beyond the immediate Ouarigue prospect success, Many Peaks is systematically exploring the broader 37km Léraba gold trend. The current drilling focuses on a 1.5km segment of this extensive corridor, suggesting significant exploration upside across the broader project area.

District-Scale Potential:

• Ferké North permit: Advanced exploration with current drilling
• Ferké South permit: Awaiting final grant with historical high-grade rock chip targets identified
• Systematic soil sampling: Planned 400m line spacing across 37km corridor
• Multiple target generation: Early-stage RC drilling testing geochemistry targets

The combination of immediate resource development at Ouarigue and district-scale exploration positions Many Peaks for potential definition of multiple gold deposits. For instance, the systematic approach across the broader project portfolio creates multiple pathways for discovery success.

Investment Thesis: Positioning for Major Resource Growth

Many Peaks Minerals presents a compelling investment opportunity as the company transitions from exploration success to resource definition. Several factors support the investment case for tracking these developments.

Near-Term Catalysts:

• Maiden MRE delivery in early Q2 2026 providing first resource quantification
• Continuous drill results with 20 holes pending and ongoing drilling programs
• Metallurgical advancement supporting processing viability confirmation
• Pre-feasibility study initiation targeting Q4 2026 completion

Strategic Advantages:

• Côte d'Ivoire location in a mining-friendly West African jurisdiction
• Bulk-tonnage characteristics supporting potential large-scale operations
• Exceptional metallurgical properties with 94% gold recovery demonstrated
• District-scale exploration portfolio across 37km of prospective trend

Financial Position:
The company maintains active drilling operations with two rigs and plans for additional RC drilling. This indicates adequate funding for current exploration objectives.

Why Investors Should Follow Many Peaks Minerals

Many Peaks Minerals is rapidly emerging as a significant gold development story in West Africa. The convergence of several positive factors creates substantial upside potential through systematic resource definition approaches.

The company's methodical approach to resource definition, combined with exceptional drilling results and favourable metallurgical characteristics, positions it well for continued value creation. Moreover, the Many Peaks Minerals gold drilling results consistently demonstrate increasing confidence in the geological model.

Key Tracking Points for Investors:

1. Maiden MRE delivery in early Q2 2026 – first quantification of Ouarigue resource potential
2. Pending drill results – 20 holes awaiting assays with potential for continued high-grade intersections
3. Pre-feasibility study progress – economic validation of the deposit scheduled for Q4 2026
4. District exploration success – potential for additional discoveries across the 37km trend
5. Metallurgical test work completion – confirmation of processing parameters supporting economic studies

Many Peaks Minerals has demonstrated the discovery of a substantial gold system at Ouarigue with exceptional metallurgical characteristics. With a maiden resource estimate approaching and aggressive exploration continuing across a district-scale opportunity, the company represents a compelling growth story in the West African gold sector.

The company's aggressive 2026 development timeline, supported by active drilling operations and clear milestone targets, offers investors multiple near-term catalysts. Consequently, this maintains significant longer-term upside potential across its broader project portfolio while providing multiple avenues for value creation.

Ready to Capitalise on This Emerging West African Gold Story?

Many Peaks Minerals is rapidly advancing from exploration success to resource definition, with a maiden MRE due in early Q2 2026 and exceptional drilling results validating a substantial bulk-tonnage gold system. With 94% metallurgical recovery rates, aggressive development timelines, and district-scale exploration potential across 37km of prospective trend, the company presents compelling near-term catalysts alongside significant longer-term upside. Discover how Many Peaks is positioning itself as a major West African gold development story by visiting manypeaks.com.au for comprehensive company information, project updates, and investor resources.