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Gold exploration: Many Peaks raises $3.46 million in Ivory Coast

06/06/2024
Source : ORISHAS-FINANCE
Categories: Raw materials

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On 5 June last year, Many Peaks Minerals announced a fundraising of 5.2 million Australian dollars ($3.46 million) through an equity investment in Côte d'Ivoire.

Ivory Coast has enjoyed growing interest from mining companies in recent years. This means raising funds for exploration, especially gold. Part of the fund raised by Many Peaks Minerals style="font-family: "Bookman Old Style”, "serif"> will be devoted to exploration on its Ivorian gold portfolio. In Côte d'Ivoire, Australian junior mining is particularly present on the Ferke and Odienné gold projects, located in the north-west. In May, Many Peaks even launched a drilling program on 6è 500 m style="font-family: "Bookman Old Style”, "serif">tres, pr é seen to be completed ' in June. The work is part of the process of acquiring an 85% stake in the Odienné project, in accordance with an agreement signed in March 2024 with Turaco Gold

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