ASX-listed Many Peaks Minerals has started a 6 500 m diamond and auger drilling campaign on the Odienné project, in Côte d’Ivoire.
One thousand metres of diamond drilling is planned for five holes on 400-m-spaced lines to follow up open gold mineralisation that was highlighted in a preliminary air core programme completed late last year.
Street Talk understands the $108 million company has called in lead manager and bookrunner Argonaut to round up fresh funds for its West African operations.