Many Peaks Gold Limited (ASX:MPG)
Many Peaks Gold Limited (ASX:MPG) is a mineral exploration and development company focused on gold and gold-copper exploration in the southern part of the Yarrol Geological Province in Queensland, Australia.
The Company's mineral exploration asset consists of an 80% interest in each of the Exploration Permits EPM 26317 and EPM 27252 (Tenements).
The Company holds an option to acquire those interests in the Tenements from EMX Broken Hill Pty Ltd, a wholly-owned subsidiary of TSX Venture Exchange listed company EMX Royalty Corporation.
The Company holds the subsequent right to acquire the remaining 20% interests in the Tenements from EMX, subject to completion of the initial 80% acquisition and subject to various conditions.
The Company’s proposed exploration program is focussed on three project areas within the Tenements, being the Mt Weary Gold Project, Rawlins Gold-Copper Project, and the Monal Gold Project.