• Shares of Many Peaks Minerals rise as much as 5.8% to A$0.91, on track for its biggest intraday pct gain since August 20 if gains hold

• Gold explorer confirms indications of multiple gold-bearing zones after deep drilling the northern extremity of its Ouarigue prospect

• The standout drilling hole, FNDC135, provided 2.64g gold per ton of rock over 36 metres from 600m depth, and a separate zone returned 1.46g of gold per ton over 5 metres higher up at 581.65m

• Co says drilling beneath this northern corridor also resulted in 8.76g of gold per ton over 2 metres at a depth of 434.1 metres at a different drilling hole

• Stock is down 9% YTD, including the day's moves

(Reporting by Rudrannsh Mehra in Bengaluru)