Price Target Changed • Jul 15
Price target decreased by 7.1% to AU$2.14 Down from AU$2.31, the current price target is an average from 4 analysts. New target price is 164% above last closing price of AU$0.81. Stock is up 0.3% over the past year. The company is forecast to post a net loss per share of AU$0.05 next year compared to a net loss per share of AU$0.018 last year. Breakeven Date Change • Jun 30
Forecast to breakeven in 2029 The 2 analysts covering Many Peaks Minerals expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of AU$119.0m in 2029. Average annual earnings growth of 89% is required to achieve expected profit on schedule. Duyuru • May 22
Many Peaks Minerals Limited has filed a Follow-on Equity Offering in the amount of AUD 27.5 million. Many Peaks Minerals Limited has filed a Follow-on Equity Offering in the amount of AUD 27.5 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 28,433,331
Price\Range: AUD 0.9
Discount Per Security: AUD 0.054
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 2,122,224
Price\Range: AUD 0.9
Discount Per Security: AUD 0.054
Transaction Features: Subsequent Direct Listing Recent Insider Transactions • Apr 25
Independent Non - Executive Chairman recently bought AU$69k worth of stock On the 23rd of April, Francis Robert Harper bought around 57k shares on-market at roughly AU$1.20 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Francis Robert has been a buyer over the last 12 months, purchasing a net total of AU$190k worth in shares. New Risk • Mar 12
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AU$15m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$15m free cash flow). Earnings have declined by 28% per year over the past 5 years. Shareholders have been substantially diluted in the past year (66% increase in shares outstanding). Revenue is less than US$1m (AU$46k revenue, or US$33k). Minor Risk Market cap is less than US$100m (AU$124.7m market cap, or US$89.0m). Recent Insider Transactions Derivative • Mar 05
Independent Non-Executive Director exercised options to buy AU$1.0m worth of stock. On the 3rd of March, Marcus Richard Harden exercised options to buy 1m shares at a strike price of around AU$0.14, costing a total of AU$143k. This transaction amounted to 139% of their direct individual holding at the time of the trade. Since March 2025, Marcus Richard's direct individual holding has increased from 665.50k shares to 734.07k. Company insiders have collectively bought AU$609k more than they sold, via options and on-market transactions, in the last 12 months. Recent Insider Transactions Derivative • Dec 28
MD & Director exercised options to buy AU$915k worth of stock. On the 24th of December, Travis Schwertfeger exercised options to buy 1m shares at a strike price of around AU$0.27, costing a total of AU$275k. This transaction amounted to 61% of their direct individual holding at the time of the trade. Since March 2025, Travis' direct individual holding has increased from 1.54m shares to 2.65m. Company insiders have collectively bought AU$586k more than they sold, via options and on-market transactions, in the last 12 months. Duyuru • Sep 24
Many Peaks Minerals Limited, Annual General Meeting, Nov 21, 2025 Many Peaks Minerals Limited, Annual General Meeting, Nov 21, 2025. Recent Insider Transactions • Aug 23
Independent Non - Executive Chairman recently bought AU$121k worth of stock On the 21st of August, Francis Robert Harper bought around 135k shares on-market at roughly AU$0.89 per share. This transaction amounted to 2.0% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Francis Robert has been a buyer over the last 12 months, purchasing a net total of AU$245k worth in shares. New Risk • Aug 18
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 54% per year over the past 5 years. Shareholders have been substantially diluted in the past year (73% increase in shares outstanding). Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Market cap is less than US$100m (AU$108.6m market cap, or US$70.7m). Duyuru • Jul 16
Many Peaks Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 13.5 million. Many Peaks Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 13.5 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 16,606,667
Price\Range: AUD 0.72
Discount Per Security: AUD 0.0432
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 1,388,889
Price\Range: AUD 0.72
Discount Per Security: AUD 0.0432
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 754,444
Price\Range: AUD 0.72
Discount Per Security: AUD 0.0432
Transaction Features: Subsequent Direct Listing New Risk • Apr 04
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 12% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 54% per year over the past 5 years. Shareholders have been substantially diluted in the past year (104% increase in shares outstanding). Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Market cap is less than US$100m (AU$33.4m market cap, or US$20.5m). Duyuru • Mar 20
Many Peaks Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 6.215102 million. Many Peaks Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 6.215102 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 14,720,293
Price\Range: AUD 0.35
Discount Per Security: AUD 0.021
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 3,037,140
Price\Range: AUD 0.35
Discount Per Security: AUD 0.021
Transaction Features: Subsequent Direct Listing Recent Insider Transactions • Mar 04
Independent Non - Executive Chairman recently bought AU$62k worth of stock On the 27th of February, Francis Robert Harper bought around 210k shares on-market at roughly AU$0.29 per share. This transaction amounted to 5.7% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Francis Robert's only on-market trade for the last 12 months. New Risk • Nov 15
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: AU$15.5m (US$9.98m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Shareholders have been substantially diluted in the past year (104% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (AU$15.5m market cap, or US$9.98m). Minor Risk Share price has been volatile over the past 3 months (15% average weekly change). New Risk • Sep 21
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AU$2.4m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$2.4m free cash flow). Shareholders have been substantially diluted in the past year (104% increase in shares outstanding). Revenue is less than US$1m (AU$233k revenue, or US$159k). Minor Risk Market cap is less than US$100m (AU$16.3m market cap, or US$11.1m). Duyuru • Sep 18
Many Peaks Minerals Limited, Annual General Meeting, Nov 22, 2024 Many Peaks Minerals Limited, Annual General Meeting, Nov 22, 2024. Duyuru • Jul 26
Emx Broken Hill Pty Ltd. executed an unconditional binding agreement to acquire remaining 80% stake in EPM26317 and EPM27252 exploration permits in central Queensland from Many Peaks Minerals Limited (ASX:MPK) for AUD 0.05 million. Emx Broken Hill Pty Ltd. executed an unconditional binding agreement to acquire remaining 80% stake in EPM26317 and EPM27252 exploration permits in central Queensland from Many Peaks Minerals Limited (ASX:MPK) for AUD 0.05 million on July 25, 2024. Upon completion, Emx Broken Hill Pty Ltd. will own 100% interest in EPM26317 and EPM27252 exploration permits in central Queensland. The expected completion of the transaction is July 30, 2024. New Risk • Jun 19
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 78% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (55% average weekly change). Shareholders have been substantially diluted in the past year (78% increase in shares outstanding). Revenue is less than US$1m (AU$149k revenue, or US$99k). Market cap is less than US$10m (AU$14.2m market cap, or US$9.47m). Duyuru • May 08
Many Peaks Minerals Limited (ASX:MPK) completed the acquisition of CDI Holdings (Guernsey) Limited from Turaco Gold Limited (ASX:TCG) and Predictive Discovery Limited (ASX:PDI). Many Peaks Minerals Limited (ASX:MPK) entered into binding Share Sale Agreement to acquire CDI Holdings (Guernsey) Limited from Turaco Gold Limited (ASX:TCG) and Predictive Discovery Limited (ASX:PDI) for £0.21 million on March 26, 2024. CDI Holdings is an 89% of Turaco, held with Predictive Discovery Limited (Predictive), holding an 11% free carry ownership in a joint venture with Turaco. The will trigger Turaco’s drag-along right in its joint venture with Predictive, whereby Many Peaks will also acquire Predictive’s remaining 11% interest and consolidate ownership of the joint venture entity CDI Holdings. The Company will issue a total of 5,617,978 fully paid ordinary shares in Many Peaks under the Company’s capacity under ASX listing rule 7.1 to Turaco and Predictive Discovery Limited (ASX:PDI) a interest in CDI Holdings (Guernsey) Ltd with; 5,000,000 shares to be issued to Turaco subject to a 12-month escrow an 89% interest in CDI Holdings and 617,978 shares to be issued to Predictive subject to a 12-month escrow an 11% interest in CDI Holdings. Assignment of a Royalty Deed from Turaco to Many Peaks a net smelter royalty payable to Resolute (Treasury) Pty Ltd. The Royalty Deed grants Resolute a 1% NSR on Many Peaks’ share of future production from permits held in the GIV Joint Venture. The Company will also pay to the Vendor all future proceeds and received the of the Boundiali South Permit pursuant to a binding term sheet between Aurum Resources Limited (ASX:AUE), Turaco, CDI Holdings and Predictive Discovery Cote d’Ivoire SARL. Completion of the Agreement is conditional upon: Turaco providing a drag-along notice to Predictive for the remaining 11% interest in CDI held by Predictive - COMPLETED; Predictive acknowledging the expiry and/or cancellation of the 10,000,000 performance shares held in Turaco; no event, occurrence or matter having a material adverse effect on CDI or the permits held by it; none of Turaco's warranties given under the Agreement becoming untrue, incorrect or misleading; Many Peaks and Turaco obtaining all necessary regulatory approvals or waivers pursuant to the ASX Listing Rules, Corporations Act or any other law to allow the parties to lawfully complete the matters set out in the Agreement; and Many Peaks and Turaco obtaining all third-party approvals and consents necessary to lawfully complete the matters set out in the Agreement.Many Peaks Minerals Limited (ASX:MPK) completed the acquisition of CDI Holdings (Guernsey) Limited from Turaco Gold Limited (ASX:TCG) and Predictive Discovery Limited (ASX:PDI) on May 8, 2024. This announcement has been approved by the board. Duyuru • Apr 04
Many Peaks Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 2 million. Many Peaks Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 2 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 4,316,488
Price\Range: AUD 0.17
Discount Per Security: AUD 0.0102
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 7,448,218
Price\Range: AUD 0.17
Discount Per Security: AUD 0.0102
Security Features: Attached Options
Transaction Features: Subsequent Direct Listing Duyuru • Mar 26
Many Peaks Minerals Limited (ASX:MPK) entered into binding Share Sale Agreement to acquire CDI Holdings (Guernsey) Limited from Turaco Gold Limited (ASX:TCG) and Predictive Discovery Limited (ASX:PDI) for £0.21 million. Many Peaks Minerals Limited (ASX:MPK) entered into binding Share Sale Agreement to acquire CDI Holdings (Guernsey) Limited from Turaco Gold Limited (ASX:TCG) and Predictive Discovery Limited (ASX:PDI) for £0.21 million on March 26, 2024. CDI Holdings is an 89% of Turaco, held with Predictive Discovery Limited (Predictive), holding an 11% free carry ownership in a joint venture with Turaco. The will trigger Turaco’s drag-along right in its joint venture with Predictive, whereby Many Peaks will also acquire Predictive’s remaining 11% interest and consolidate ownership of the joint venture entity CDI Holdings. The Company will issue a total of 5,617,978 fully paid ordinary shares in Many Peaks under the Company’s capacity under ASX listing rule 7.1 to Turaco and Predictive Discovery Limited (ASX:PDI) a interest in CDI Holdings (Guernsey) Ltd with; 5,000,000 shares to be issued to Turaco subject to a 12-month escrow an 89% interest in CDI Holdings and 617,978 shares to be issued to Predictive subject to a 12-month escrow an 11% interest in CDI Holdings. Assignment of a Royalty Deed from Turaco to Many Peaks a net smelter royalty payable to Resolute (Treasury) Pty Ltd. The Royalty Deed grants Resolute a 1% NSR on Many Peaks’ share of future production from permits held in the GIV Joint Venture. The Company will also pay to the Vendor all future proceeds and received the of the Boundiali South Permit pursuant to a binding term sheet between Aurum Resources Limited (ASX:AUE), Turaco, CDI Holdings and Predictive Discovery Cote d’Ivoire SARL. Completion of the Agreement is conditional upon: Turaco providing a drag-along notice to Predictive for the remaining 11% interest in CDI held by Predictive - COMPLETED; Predictive acknowledging the expiry and/or cancellation of the 10,000,000 performance shares held in Turaco; no event, occurrence or matter having a material adverse effect on CDI or the permits held by it; none of Turaco's warranties given under the Agreement becoming untrue, incorrect or misleading; Many Peaks and Turaco obtaining all necessary regulatory approvals or waivers pursuant to the ASX Listing Rules, Corporations Act or any other law to allow the parties to lawfully complete the matters set out in the Agreement; and Many Peaks and Turaco obtaining all third-party approvals and consents necessary to lawfully complete the matters set out in the Agreement. Board Change • Mar 01
High number of new and inexperienced directors There are 3 new directors who have joined the board in the last 3 years. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. Independent Non-Executive Director Marcus Richard Harden is the most experienced director on the board, commencing their role in 2021. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Board Change • Feb 21
High number of new and inexperienced directors There are 3 new directors who have joined the board in the last 3 years. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. Independent Non-Executive Director David Beamond is the most experienced director on the board, commencing their role in 2021. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Board Change • Jan 18
High number of new and inexperienced directors There are 3 new directors who have joined the board in the last 3 years. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. Independent Non-Executive Director David Beamond is the most experienced director on the board, commencing their role in 2021. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Board Change • Nov 28
High number of new and inexperienced directors There are 3 new directors who have joined the board in the last 3 years. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. Independent Non-Executive Director David Beamond is the most experienced director on the board, commencing their role in 2021. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Duyuru • Sep 26
Many Peaks Gold Limited, Annual General Meeting, Nov 22, 2023 Many Peaks Gold Limited, Annual General Meeting, Nov 22, 2023. Agenda: To consider the election of directors. New Risk • Sep 21
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 3.2% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Revenue is less than US$1m. Market cap is less than US$10m (AU$11.6m market cap, or US$7.43m). Minor Risks Share price has been volatile over the past 3 months (15% average weekly change). Shareholders have been diluted in the past year (3.2% increase in shares outstanding). New Risk • Sep 16
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AU$1.6m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$1.6m free cash flow). Revenue is less than US$1m (AU$48k revenue, or US$31k). Market cap is less than US$10m (AU$11.2m market cap, or US$7.19m). Minor Risk Share price has been volatile over the past 3 months (15% average weekly change). New Risk • Aug 11
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Australian stocks, typically moving 17% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (17% average weekly change). Revenue is less than US$1m. Market cap is less than US$10m (AU$9.38m market cap, or US$6.12m). Board Change • Jun 30
High number of new and inexperienced directors There are 3 new directors who have joined the board in the last 3 years. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. Independent Non-Executive Director David Beamond is the most experienced director on the board, commencing their role in 2021. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Duyuru • Jan 24
Many Peaks Gold Limited Announces the Grant of Six (6) Mineral Licences Located in Southeast Newfoundland Covering A 151Km2 Area Referred to as the Aska Lithium Project Many Peaks Gold Limited announced the grant of six (6) mineral licences located in southeast Newfoundland covering a 151km2 area referred to as the Aska Lithium Project. The Aska Lithium Project is located in the same Canadian province as the recently optioned Odyssey REE project optioned by MPG. Situated proximal to Newfoundland's southern coast approximately 45km east of the town of Cape Ray, Aska is located in the same belt of intrusions as hosts the Avalon lithium deposit in Ireland, the Piedmont and Kings Mountain lithium deposits in the eastern United States. Early-stage reconnaissance site visits confirmpegmatites hosted both in S-Type granites and pegmatite dikes extending into adjacent metamorphic host rocks associated with Ceasium and Tantalum anomalism in regional scale datasets. Aska is host to an extensive pegmatite field situated within a tectonic terrane that is host to multiple lithium oxide deposits. The pegmatite intrusions identified are found cross cutting granite intrusions, predominantly associated with the Rose Blanche intrusion complex. Pegmatite dikes also extend outside of the granites which they are interpreted to have a formative association with and intrude into the surrounding schists and siliciclastic metamorphic rocks of the Harbour Le Cou Group. Lake sediment sampling results compiled by the Newfoundland and Labrador Geological Survey highlight caesium and tantalum anomalism in the Aska Pegmatite field, and the targeted extent of the intrusion belt is bracketed by several beryllium and lithium occurrences along the Gander-Dunnage zone. The age of intrusions occurring at the Aska Project in Newfoundland are of Devonian age (reported age dates between 385 million years ago (Ma) and 420Ma) which is the similar age of intrusions associated with major lithium deposits in the same terrane, including the world class Carolina Tin-Spodumene Belt (hosting the Piedmont Lithium Project and previously mined Kings Mountain deposit) and the Avalonia Project in Ireland being explored by Ganfeng Lithium Corp.'s subsidiary GFL International Co. Ltd. The Gander-Dunnage zone in Newfoundland and the extensions of that terrane into Ireland and the Carolinas formed an integral part of the Gondwanan supercontinent and was situated in a major tectonic collision zone which formed multiple granite intrusions of similar composition at the margins of the Avalonia subcontinent. With the opening of the Atlantic Ocean Avalonia was fragmented and is located across present day South and North Carolina, Nova Scotia and Newfoundland on west side of the Atlantic. On the east side of the Ocean the sameterrane can be traced from Europe through Ireland and the south Cornwall nappes. Within the Gander-Dunnage zone in Newfoundland, pegmatite related mineralisation is extensive with mapped beryl occurrences in pegmatites located throughout the Gander-Dunnage zone and immediately south andsouthwest of the Aska project area, however with no previous exploration for lithium mineralisation in the district. Duyuru • Dec 14
Many Peaks Gold Limited Announces Assay Results Receives for Extension Soil Sampling Campaign at its Mt Weary Gold Project in Queensland Many Peaks Gold Limited announced assay results have been received for the extension soil sampling campaign at the Company's Mt Weary Gold Project (Mt Weary) in Queensland. Following initial drill success at Mt Weary in the June quarter, the Company has continued to advance surface geochemistry focused on refining extension targets north of the Boggy Creek prospect drilling area within the larger Mt Weary gold corridor. The recent soil sampling campaign has delineated two coherent gold anomalies associated with additional intrusion bodies mapped from geophysics and extends gold anomalism of the Child's prospect area further north. Mt Weary Gold Project, Childs Prospect - Soil Results: The Childs prospect soils were collected on a 50m by 200-400m spaced grid totalling 156 samples covering a 1.6km by 1.6km area. Peak results include up 167ppb gold. The soil survey is part of a larger campaign by the Company advancing systematic geochemistry coverage at the Mt Weary Gold Project, Monal Gold Project and the Rawlins Gold Project. Peak values in the Mt Weary survey were encountered on the margins of a magnetic body interpreted to be a potentially mineralised intrusion, and the peak values reported are located approximately 300m south of skarn altered rocks identified in the field. Following compilation of current and previous results in context of regolith and terrain, two coherent and untested anomalies have been identified at the Child's Prospect, including an anomalous zone extending 1km along the margins of the magnetic feature at Childs prospect. MPG will follow-up with more detailed mapping to refine extents of a planned ground induced polarity (IP) geophysics survey, which was an effective tool for identifying sulphide mineralisation to the south at Boggy Creek. Alternatively, the company will also review pending mapping results of the anomalous zones to consider follow-up drill testing either prior to, or in lieu of applying geophysical techniques. Monal Gold Project Soil Sampling & Mapping Update: The Monal Gold Project (Monal) is located approximately 18km northwest of Mt Weary. The project area is host to a +5km long corridor of historic gold mines and occurrences including a 2km extent historically known as the Monal goldfields at the project areas southwestern extent, with dozens of individual gold workings and several historical underground operations. Drill testing of the corridor is in its infancy in the Monal Goldfields, and the northern extent of the district in the vicinity of the Patriot and Mt Forrest occurrences remains untested. A mapping and surface geochemistry survey over the northern extent of the Monal Project was initiated in the previous quarter, completing the first systematic surface geochemistry coverage over the Patriot and Mt Forrest occurrences at the northernmost extent of the 5km long mine corridor. Reconnaissance rock chip and soil sample fieldwork for this initial campaign of surface geochemistry at Monal has completed in the December quarter with soil samples currently in transit for analyses. The Monal soils have been collected on a 50m by 200-400m spaced grid totalling 107 samples covering a 1.0km by 0.8km area. During sample collection, field crews have identified an additional set of workings southeast of Mt Forrest not located in the historical occurrences datasets, indicating potential for further continuity and extension to the mineralisation in the district. Further work for the Monal project area will be planned in context of additional results anticipated in late January. Duyuru • Dec 01
Many Peaks Gold Limited has announced a Derivatives Offering in the amount of AUD 0.096688 million. Many Peaks Gold Limited has announced a Derivatives Offering in the amount of AUD 0.096688 million.
Security Name: Loyalty Options
Security Type: Equity Option
Securities Offered: 9,668,750
Price\Range: AUD 0.01
Transaction Features: Rights Offering Duyuru • Sep 10
Many Peaks Gold Limited, Annual General Meeting, Nov 04, 2022 Many Peaks Gold Limited, Annual General Meeting, Nov 04, 2022. Duyuru • Jun 28
Many Peaks Gold Limited Announces Initial Soil Sampling Results for the Rawlins Project Many Peaks Gold Limited announced initial soil sampling results received for the Rawlins Project, located 20km northwest of Cannindah Resources Ltd.'s Mt Cannindah copper-gold resource. Exploration at the Rawlins Project is focused on multiple interpreted intrusions associated with copper and gold anomalism outlined by recent surface geochemistry campaigns undertaken by MPG. The Rawlins Project is host to a number of prospects associated with multiple intrusions not previously recognised in the region. The cluster of intrusion signatures in magnetics are situated on the margins of the larger Monal Granodiorite body.and are associated with porphyry type surface geochemistry and alteration occuring over an area of approximately 3km x 5km. Several individual prospect areas are identified within the Rawlins Project comprising the Rough Gully, Copper Knob and Eastern Star prospects. These three prospects are clustered together and are likely genetically linked. Rough Gully and Eastern Star prospects each provide indications of strong copper-gold anomalism and host favourable mineralisation with gossanous quartz spoils around historical workings and other mapped quartz veining. Peak assay results from these prospects include: 31.1g/t gold with 56.1g/t silver and 0.6% copper; 22.8g/t gold with 100g/t silver & 0.39% copper in rock chips immediately south of Rough Gully; 4.4 m @ 1.21 g/t gold, with 10g/t silver and 0.44% copper (CH21ES01); 1.2 m @ 3.49 g/t gold with 11g/t silver, 0.73% copper (CH21ES02) from Eastern Star channel sampling. The new soil results extend both gold and copper anomalism at the Rawlins Project into the Eastern Star prospect area, significantly expanding the footprint of anomalism for copper-gold porphyry targeting at the broader 5km by 3km project area. Anomalism is located adjacent to the western margin of basalt flows (Tertiary basalt) in mapping, which are late (post-mineral) volcanic activity in the area. This basalt unit is relatively thin and covers a portion of the Rawlins Project area meaning surface geochemistry is relatively ineffective. With these results, MPG has identified copper-gold anomalism extending out from under both sides of the approximately 1km wide area of basalt cover, indicating potential for anomalism to extend under the cover sequence and bolstering the tenor of the geochemistry target indicative of porphyry style copper-gold mineralisation within the Rawlins Project. Soil Results: The Eastern Star soils were collected on a 50m by 200m grid totalling 102 sample sites and cover an 800m x 1km area. Peak results for gold include up to 367ppb and 229ppb gold and peak results for copper include up to 203ppb and 162ppm copper. The soil survey is part of a larger campaign advancing systematic geochemistry coverage following mapping of prospects. A copper anomaly extends for over 1km extent following a northwest trend and is located just north of previous trench activity on veining in the area that returned 4.4 m @ 1.21 g/t gold with 10g/t silver and 0.44% copper and 1.2 m @ 3.49 g/t gold with 11g/t silver and0.73% copper (CH21ES02). The copper and gold anomalism is located adjacent to the western margin of a basalt cover unit, which is more than 1km wide in plan view from southwest to northeast. The basalt cover is surrounded by copper and gold anomalism suggestive of the potential for the anomalous footprint to have continuity and extend beneath the cover, indicating potential for blind targets at Eastern Star. Follow-up mapping and rock sampling is planned for the Rawlins Project, focusing on the Rough Gully prospect including extensions of surface geochemistry into the Copper Knob prospect. Planned surface geochemistry is intended to establish continuity of potential mineralisation for drill targeting and refining potential geophysical survey targets for the Rawlins Project. Drilling Mt Weary Project: Assay results for the final samples of an initial 11-hole campaign at the Mt Weary Project have been received. The assay results in the final two holes which were testing for additional width to the mineralising system where hole BCRC011 encountered massive sulphides associated with skarn alteration have returned no significant intercepts. Overall, the initial campaign of drilling by MPG has successfully expanded the footprint of mineralisation identified in historical drilling, which remains open in both directions along strike, including more than 2km of higher tenor surface anomalism yet to be tested. Previously announced results include: 2m @ 3.75g/t gold from 101m - RC Hole BCRC001; 2m @ 6.24g/t god from; 7m @ 2.04g/t gold from 13m - RC Hole BCRC003; 17m @ 0.75g/t gold from 10m, including 7m @ 1.28g/t gold; and 21m @ 0.48g/t gold from 109m to end of hole - BCRC005; 94m @ 0.49g/t gold from surface RC93CH3; and 11m @ 0.53g/t gold from 73m - RC hole BCRC007. Duyuru • Jun 07
Many Peaks Gold Limited Announces Assay Results for the First 8 of 11 Holes from Its Initial Drill Campaign At the Mt Weary Gold Project Many Peaks Gold Limited announces assay results for the first 8 of 11 holes from its initial drill campaign at the Mt Weary Gold Project (Mt Weary), with the final batch of assays for the remaining 3 holes anticipated in 2 weeks' time. Assay results received to date confirm extensions of known gold mineralisation and identify several zones of higher tenor gold mineralisation. The drilling has identified a substantially larger volume of favourable porphyry textured intrusions (diorite) in step-out drilling than recognised in previous mapping and drilling and the diorite bodies are consistently associated with strong hydrothermal alteration and pyrite (+/- arsenopyrite) mineralisation. This drill program was testing 600 metres extent of the3km gold-in-soil anomalism identified at Mt Weary. Mineralisation remains open in all directions. Drilling also discovered a skarn body at Boggy Creek (BCRC011) not recognised in previous work. Assays are still pending on the skarn package. With multiple skarn type occurrences exploited in historical mining throughout the district, the discovery of skarn mineralisation at Boggy Creek is significant. Assays are expected to be received in the next 2 weeks. In addition to exploration at the Mt Weary Project, the Company is planning to commence exploration activity at the Rawlins Copper-Gold Project (Rawlins Project) in the coming quarter. Follow-up mapping and rock sampling is planned for the Rough Gully prospect, where rock chips have returned up to 31.1g/t gold. 100g/t silver and 0.6% copper, including extensions of surface geochemistry into the Copper Knob prospect. Planned surface geochemistry is intended to establish continuity of potential mineralisation for drill targeting and refining geophysical survey targets for the Rawlins Project. The additional porphyritic textured diorite intrusions identified are consistently associated with strong hydrothermal alteration and sulphide mineralization. Gold values are associated with several intrusion contacts and zones of intense fracturing or potential brecciation of the rock in several drillholes. Duyuru • Apr 21
Many Peaks Gold Limited Announces Successful Completion of Phase One Drilling at Mt Weary Many Peaks Gold Limited advised that a 1,806m drilling campaign at its Mt Weary Gold Project in Queensland has successfully completed with all samples now delivered for assay analyses. The eleven hole RC programme covered a 600m x 600m area within a larger 3km long geochemistry anomaly. The initial drilling focuses on a segment of the anomalous corridor that is covered with induced polarity ground geophysics (IP), where historical drilling confirms wide zones of gold mineralisation from surface, corresponding to IP anomalism. Drilling: The Company has drilled several extensional targets to previously drilled gold mineralisation, focusing on higher tenor chargeability responses in the updated 3D geophysical modelling. The initial drill program by MPG is designed to confirm conceptual targeting criteria, to assess not only an expanded footprint of gold mineralisation, but also the potential for increasing gold grades associated with higher tenor IP anomalies. Assay results, anticipated over the next six to eight weeks will provide a measure of success for predictive targeting based on geophysical modelling. Successful results will be a catalyst to define expansion of IP geophysical coverage across the larger surface geochemistry gold anomaly at Mt Weary Gold Project. The recent exploration activity undertaken tests four (4) subparallel IP anomalies, including two (2) IP anomalies not previously drill tested, and extensions along two (2) IP anomalies to identify higher tenor gold anomalism within IP anomalies already confirmed to be associated with gold mineralisation, including a 160m step-out along strike away from the 250m long corridor of drilled gold mineralisation where better results include: 94m @ 0.49g/t gold (from surface to end of hole) - RC93CH3 - 66m @ 0.47g/t gold from 59m (drill depth) including 20m @ 0.8g/t gold from 84m - DD93CH10 - 12m @ 1.54g/t gold from 40m - RC93CH4 - 21m @ 0.46g/t gold from surface and 2m @ 6.24g/t gold from 32m - RC94CH13. Proposed Work: Based on work undertaken to date, MPG has revised its exploration strategy, and now plans to accelerate its proposed follow-up diamond drilling for the project, which was originally planned for Fourth Quarter this year. The Company is currently seeking diamond drill rigs with appropriate capability and availability for follow-up drilling at the Mt Weary Gold Project. The Company's exploration programme for 2022 also considered the potential to expand the footprint of IP geophysical coverage for the Mt Weary Gold Project ahead of follow-up drilling work. At this time MPG will maintain its proposed exploration strategy for geophysical survey work and will still contemplate further geophysical campaigns in context of drilling and surfacegeochemistry assay results, both currently in progress. Duyuru • Mar 31
Many Peaks Gold Limited Commences Drilling at Mt Weary Project, Queensland Many Peaks Gold Limited announced that reverse circulation (RC) drilling is underway at the Company's flagship Mt Weary Project. Geochemical survey work at the Rawlins Gold-Copper Project and Mt Weary projects is also advancing with a focus on refining additional drill targets with potential to be included in follow-up campaigns following receipt of assay results from the current campaign. An initial RC drilling campaign for a planned 2,000m of drilling from 11 proposed holes will cover a 600m x 600m area within the Boggy Creek Prospect. Planned drilling is following up and stepping out from known mineralisation, extending onto newly defined targets supported by induced polarity (IP) ground geophysics and recent surface geochemistry results. Updated 3D inversion modelling of IP results indicate historical drilling is predominantly oriented oblique or sub-parallel to priority IP anomalies modelled, and in several locations did not effectively test higher tenor anomalies/targets. Historical drilling completed in the mid 1990's returning better results including 94m @ 0.49g/t gold (from surface to end of hole) - RC93CH3, 66m @ 0.47g/t gold from 59m (drill depth) including 20m @ 0.8g/t gold from 84m - DD93CH10, 12m @ 1.54g/t gold from 40m - RC93CH4 21m @ 0.46g/t gold from surface and 2m @ 6.24g/t gold from 32m - RC94CH13 Several holes in the historical drilling are drilled in nominal north-south orientations, including RC93CH3, which is mineralised in its entirety, was drilled subparallel to modelled IP anomalism drilling and located on the margin of modelled higher tenor geophysical response. MPG will drill in predominantly E-W orientations to assess if broad intercepts are still achieved at an optimised drill orientation, and to assess if the higher tenor response in the chargeability of the IP geophysical datasets correlate to higher sulphide content in the mineralised zones, which in turn has the potential to correlate with a higher tenor of gold grades in these types of systems. Extension and infill surface geochemistry survey work at the Child's Prospect, located 1.5km north of the current drilling, are advancing on schedule. The Child's Prospect soil survey is testing open gold anomalism at the northern extent of the 3km long gold anomaly within the Mt Weary Project to define additional drill targets to be included with follow-up work planned for the 2nd half of calendar year 2022 at Boggy Creek. An extension soil survey program at the Rawlins Project located 20km west of the Mt Weary Project has been completed. Six (6) lines of soils on 50m by 200m spacing totalling 101 samples have been collected over the Eastern Star Prospect area to identify extension of mineralisation within the extensive footprint of alteration mapped at the Rawlins Project proximal to favourable channel results collected at Eastern Star prospect last year (refer to ASX release dated 16 March 2022). 
