{"id":10179,"date":"2024-05-27T23:33:17","date_gmt":"2024-05-27T23:33:17","guid":{"rendered":"https:\/\/economicherald.net\/?p=10179"},"modified":"2024-05-27T23:33:17","modified_gmt":"2024-05-27T23:33:17","slug":"many-peaks-minerals-is-drilling-for-discovery-at-its-odienne-gold-project","status":"publish","type":"post","link":"https:\/\/economicherald.net\/?p=10179","title":{"rendered":"Many Peaks Minerals is drilling for discovery at its Odienn\u00e9 gold project"},"content":{"rendered":"

Many Peaks Minerals starts 6500m drill campaign at the Odienn\u00e9 project
\nDiamond drilling underway to follow-up on open gold mineralisation
\nAuger drilling will test priority gold-in-soil anomalies on extensions to favourable gold in air core drilling results <\/p>\n

\u00a0<\/p>\n

Special Report:<\/em><\/strong> Many Peaks Minerals has started a 6500m reconnaissance drilling campaign to test juicy targets at its recently acquired Odienn\u00e9 project in northwest C\u00f4te d\u2019Ivoire.<\/strong><\/p>\n

Many Peaks Minerals (ASX:MPK)<\/strong><\/a> secured the right to earn up to 85%<\/strong><\/a> in the Ferk\u00e9, Oum\u00e9 and Odienn\u00e9 projects by sole-funding exploration to feasibility study.\u00a0 The earn-in was acquired from Turaco Gold (ASX:TCG)<\/strong><\/a>\u00a0and\u00a0Predictive Discovery (ASX:PDI)<\/strong><\/a>\u00a0earlier this month in an all script transaction..<\/p>\n

Formerly part of\u00a0Resolute Mining\u2019s (ASX:RSG)<\/strong><\/a> portfolio, the projects cover an area of 1275km2 adjacent to some of West Africa\u2019s biggest gold deposits.<\/p>\n

Odienn\u00e9 comprises two granted exploration permits covering 758km and is directly north of Centamin\u2019s 2.2Moz ABC project<\/p>\n

It is also contiguous with the Awal\u00e9-Newmont joint venture ground along trend to the south, where Awal\u00e9 as operator is demonstrating Odienn\u00e9 is an emerging copper-gold district with its recent BBM and Charger prospect discoveries.<\/p>\n

It hosts a more than 20km corridor of gold in soil anomalism along trend from Awal\u00e9\u2019s BBM discovery with multiple gold anomalies confirmed \u00a0in shallow AC drilling.<\/p>\n

\u00a0<\/p>\n

Odienn\u00e9 South permit with gold in soil and auger anomalism outlines, previous air core drilling locations, with proposed diamond drilling and auger sampling locations. Pic: Many Peaks Minerals<\/p>\n

\u00a0<\/p>\n

Diamond and auger drilling<\/strong><\/h2>\n

MPK is carrying out 1000m of diamond drilling in five holes on 400m spaced lines to follow-up on open gold mineralisation highlighted in preliminary aircore programs completed in late 2023.<\/p>\n

It will also drill 4000m of auger holes across three priority gold-in-soil anomalies over a 20km extent and another 1000m of auger in the first follow-up test of surface gold-in-soil anomalism on a 6km long, subparallel structure situated 11km northeast of previous drilling.<\/p>\n

This campaign comprises reconnaissance drilling across an aggregate 26km extent of gold anomalism on two sub-parallel structural trends associated with the flexure in the high-strain corridor proximal to the margin of the Archean Man craton.<\/p>\n

Notably, the high-strain corridor is on trend with PDI\u2019s 5.4Moz Bankan project, the third-party 2.16Moz ABC project, and a contiguous land position held by a Awal\u00e9 Resources\/Newmont joint venture that hosts multiple recent high-grade gold and copper discoveries.<\/p>\n

\u201cThrough our board\u2019s depth of West African operational experience, we have established an experienced technical team and have quickly advanced to a drill-ready stage at the Odienn\u00e9 project,\u201d executive chairman Travis Schwertfeger said.<\/p>\n

\u201cWe are very excited about follow-up work across the extensive anomalies at Odienn\u00e9 and the opportunity to leverage off quality work by previous explorers generating systematic exploration datasets including high-resolution geophysics and surface geochemistry.<\/p>\n

\u201cPrevious work in combination with the current drilling and geochemical campaign positions Many Peaks to advance an aggressive exploration campaign at Odienn\u00e9 over the coming year, with results of the current campaign expected to define multiple prospects for continued drilling at Odienn\u00e9 to dovetail with commencement of drilling activities at the highly prospective Ferk\u00e9 Project in the 2nd half of the year.\u201d<\/p>\n

\u00a0<\/p>\n\n

\ufeff<\/span>\u00a0<\/p>\n

This article was developed in collaboration with Many Peaks Minerals, a Stockhead advertiser at the time of publishing. <\/em><\/p>\n

\u00a0<\/em><\/p>\n

This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.<\/em><\/p>\n

<\/span><\/p>\n

The post Many Peaks Minerals is drilling for discovery at its Odienn\u00e9 gold project<\/a> appeared first on Stockhead<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Many Peaks Minerals starts 6500m drill campaign at the Odienn\u00e9 project Diamond drilling underway to follow-up on open gold mineralisation Auger drilling will test priority [more…]<\/a><\/p>\n","protected":false},"author":0,"featured_media":10180,"comment_status":"","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-10179","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance"],"yoast_head":"\nMany Peaks Minerals is drilling for discovery at its Odienn\u00e9 gold project - Economic Herald<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/economicherald.net\/?p=10179\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Many Peaks Minerals is drilling for discovery at its Odienn\u00e9 gold project - 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