Many Peaks Minerals (ASX:MPK) found anomalies associated with gold mineralization confirmed in previous drilling following gradient array induced polarization field surveys at the Odienné project in the Ivory Coast, according to a Tuesday filing with the Australian bourse.
A planned 8,000-meter air-core drilling is designed to follow up on priority targets, with results expected between June and August, the filing said.
Additionally, a third drill rig has been mobilized as exploration advances at the Ferké project, per the filing.
Shares rose 1% in morning trade on Tuesday.