# Many Peaks Minerals strikes deep gold as Ferké underground case takes shape Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/many-peaks-minerals-strikes-deep-gold-as-ferke-underground-case-takes-shape--6d23c50a-d8a8-40a0-94df-9fdd0d124da9 Original source: https://stockhead.com.au/resources/many-peaks-minerals-strikes-deep-gold-as-ferke-underground-case-takes-shape/ Publisher: stockhead Original announcement: 2026-09-22T03:48:56.000Z Analysis by Minestarters Atlas Atlas analysis published: 2026-09-22T05:01:49.502Z Atlas analysis updated: 2026-09-22T05:01:49.502Z - Company: Many Peaks Minerals - Ticker: MPK - Exchange: Unavailable - Region: Côte d’Ivoire - Primary commodity: Gold - Secondary commodities: None reported - Document categories: Drill results, Resource update - Extracted: 2026-09-22 05:01:50 UTC Narrative sentiment: 0.80 · Bullish ## Minestarters Atlas summary Many Peaks Minerals has reported significant deep gold drill results at the Ouarigue deposit, extending the tested vertical extent from 540m to over 900m. The results include a 116m intercept at 2.78g/t Au and a high-grade 38m true width zone at 3.89g/t Au, underpinning a new scoping-level study for underground mining. Reasoning: Drilling has successfully extended the vertical extent of the Ouarigue deposit by 70%, with high-grade intercepts at depth supporting a new underground development pathway. - Positive factor: significant depth extension - Positive factor: high-grade underground intercepts - Positive factor: true width disclosed - Positive factor: expansion of mineralised footprint Facts used in scoring: 4 ## Classification and evidence **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: FNDC161 reports a 38m true width zone. Evidence · text > including a 38m true width zone returning 3.89g/t gold **Step-Out Extension** Polarity: positive Definition: Mineralization extended beyond the previously known limit. Why it applies: Drilling extended the tested vertical extent from 540m to over 900m. Evidence · text > extended the tested vertical extent of gold mineralisation from about 540m to more than 900m ## Extracted facts Stored fact records: 4. Some facts used in scoring do not have a stored record. ## Drill Results (4) ### FNDC162 [Link to this fact](https://atlas-staging.minestarters.com/news/many-peaks-minerals-strikes-deep-gold-as-ferke-underground-case-takes-shape--6d23c50a-d8a8-40a0-94df-9fdd0d124da9#fact-drill-facts-0) Ouarigue · gold #### Identity - Hole ID: FNDC162 - Project: Ouarigue - Commodity: gold - Region: côte d’ivoire - Reported Region: côte d’ivoire - Ticker: MPK #### Geometry - Grade: 2.78 - Grade Unit: g/t - Intercept: 116 m - From: 524 m - To: 640 m - Intercept Depth: 524 m #### Classification - Program: mixed - Sample Type: drill - Group ID: FNDC162:524-640 - Mining Method: underground #### QA/QC - QA/QC Disclosed: Yes - QA/QC Methods: standards, blanks #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-22T00:00:00.000Z Reasoning: Large 116m intercept at depth extending the known vertical extent. - Positive factor: broad intercept - Positive factor: deep extension Evidence · text > top result of 116m grading 2.78g/t Au from a down-hole depth of 524m #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### FNDC162 [Link to this fact](https://atlas-staging.minestarters.com/news/many-peaks-minerals-strikes-deep-gold-as-ferke-underground-case-takes-shape--6d23c50a-d8a8-40a0-94df-9fdd0d124da9#fact-drill-facts-1) Ouarigue · gold #### Identity - Hole ID: FNDC162 - Project: Ouarigue - Commodity: gold - Region: côte d’ivoire - Reported Region: côte d’ivoire - Ticker: MPK #### Geometry - Grade: 3.44 - Grade Unit: g/t - Intercept: 13.8 m - From: 542.2 m - To: 556 m - Intercept Depth: 542.2 m #### Classification - Program: mixed - Sample Type: drill - Group ID: FNDC162:542.2-556 - Mining Method: underground #### QA/QC - QA/QC Disclosed: Yes - QA/QC Methods: standards, blanks #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-22T00:00:00.000Z Reasoning: High-grade sub-interval within a larger intercept. - Positive factor: high grade sub-interval Evidence · text > including 13.8m at 3.44g/t Au from 542.2m #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### FNDC162 [Link to this fact](https://atlas-staging.minestarters.com/news/many-peaks-minerals-strikes-deep-gold-as-ferke-underground-case-takes-shape--6d23c50a-d8a8-40a0-94df-9fdd0d124da9#fact-drill-facts-2) Ouarigue · gold #### Identity - Hole ID: FNDC162 - Project: Ouarigue - Commodity: gold - Region: côte d’ivoire - Reported Region: côte d’ivoire - Ticker: MPK #### Geometry - Grade: 5.01 - Grade Unit: g/t - Intercept: 42 m - From: 598 m - To: 640 m - Intercept Depth: 598 m #### Classification - Program: mixed - Sample Type: drill - Group ID: FNDC162:598-640 - Mining Method: underground #### QA/QC - QA/QC Disclosed: Yes - QA/QC Methods: standards, blanks #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-22T00:00:00.000Z Reasoning: Significant high-grade intercept at depth. - Positive factor: strong grade and width Evidence · text > 42m at 5.01g/t Au from 598m \(FNDC162\) #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### FNDC161 [Link to this fact](https://atlas-staging.minestarters.com/news/many-peaks-minerals-strikes-deep-gold-as-ferke-underground-case-takes-shape--6d23c50a-d8a8-40a0-94df-9fdd0d124da9#fact-drill-facts-3) Ouarigue · gold #### Identity - Hole ID: FNDC161 - Project: Ouarigue - Commodity: gold - Region: côte d’ivoire - Reported Region: côte d’ivoire - Ticker: MPK #### Geometry - Grade: 3.89 - Grade Unit: g/t - Intercept: 38 m - True Width: 38 m - From: 900 m - To: 938 m - Intercept Depth: 900 m #### Classification - Program: mixed - Sample Type: drill - Group ID: FNDC161:900-938 - Mining Method: underground #### QA/QC - QA/QC Disclosed: Yes - QA/QC Methods: standards, blanks #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-22T00:00:00.000Z Reasoning: High-grade zone with true width reported at extreme depth \(>900m\). - Positive factor: True Width Disclosed - Positive factor: Bonanza Intercept Evidence · text > FNDC161 intersecting an estimated 110m true width of mineralised intrusion below 900m vertical depth, including a 38m true width zone returning 3.89g/t gold #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 38 **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ## How Atlas produces this analysis Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.