** Shares of Many Peaks Minerals MPK.AX rise as much as 7.8% to A$0.83, marking their best session since July 8
** Stock currently up 5.8% at A$0.815
** Gold-copper miner confirms presence of a higher volume of gold at its Ferké gold project in Cote d’Ivoire than found in previous drilling exercises
** One area among the newly drilled zones shows a 26% increase in the width of the gold target, among other results showing expansion of the site
** Around 429,731 shares change hands, compared with the 30-day avg trading volume of about 310,956
** Session lifts YTD gains to 315%
(Reporting by Shruti Agarwal in Bengaluru)
((Shruti.Agarwal@thomsonreuters.com))