Unlock stock picks and a broker-level newsfeed that powers Wall Street.

Fortuna intersects 7.2 g/t Au over 31.5 meters at Kingfisher, Séguéla Mine, Côte d’Ivoire

In This Article:

Fortuna Mining Corp.
Fortuna Mining Corp.

VANCOUVER, British Columbia, March 13, 2025 (GLOBE NEWSWIRE) -- Fortuna Mining Corp. (NYSE: FSM | TSX: FVI) is pleased to provide an update on its exploration programs at the Séguéla Mine in Côte d’Ivoire.

Paul Weedon, Senior Vice President of Exploration at Fortuna, commented, “Exploration drilling at Kingfisher has moved to infilling and improving the resource confidence along the 1-kilometer strike length of the current resource pit, with several notable intersections including 7.2 g/t Au over an estimated true width of 31.5 meters in drill hole SGRC2278.” Mr. Weedon continued, “At the Sunbird deposit, deep exploration drilling testing the southern extent has continued to return excellent results, including 4.3 g/t Au over a true width of 23.1 meters from 733 meters in drill hole SGRD2215, representing the deepest intercept to date, with mineralization remaining open at depth and down plunge.”

Kingfisher deposit

Once the infill program and near exploration are successfully completed, we expect to migrate the Kingfisher resources into the Séguéla Mine Mineral Reserves in 2025.

Drilling highlights include:

SGRD2153:

10.6 g/t Au
65.9 g/t Au
44.8 g/t Au

over an estimated true width of 9.4 meters from 223 meters, including
over an estimated true width of 0.9 meters from 223 meters, and
over an estimated true width of 0.9 meters from 227 meters

SGRC2264:

8.4 g/t Au
62.6 g/t Au
6.9 g/t Au
43.2 g/t Au

over an estimated true width of 14.5 meters from 10 meters, including
over an estimated true width of 1.7 meters from 19 meters
over an estimated true width of 6.0 meters from 31 meters, including
over an estimated true width of 0.9 meters from 31 meters

SGRC2278:

7.2 g/t Au
28.9 g/t Au
128.9 g/t Au

over an estimated true width of 31.5 meters from 91 meters, including
over an estimated true width of 1.7 meters from 118 meters, and
over an estimated true width of 0.9 meters from 123 meters

SGRD2280:

8.1 g/t Au
18.7 g/t Au
24.6 g/t Au

over an estimated true width of 16.2 meters from 89 meters, including
over an estimated true width of 3.4 meters from 96 meters
over an estimated true width of 1.7 meters from 106 meters

SGRC2309:

3.3 g/t Au
26.2 g/t Au

over an estimated true width of 35.7 meters from 46 meters, including
over an estimated true width of 0.9 meters from 74 meters

SGRC2312:

3.8 g/t Au
44.2 g/t Au

over an estimated true width of 39.1 meters from 86 meters, including
over an estimated true width of 1.7 meters from 123 meters

SGRC2322:

7.9 g/t Au
68.5 g/t Au

over an estimated true width of 11.9 meters from 140 meters, including
over an estimated true width of 0.9 meters from 149 meters

 

 

 

An additional 100 drill holes, totaling 10,978 meters of a planned 28,000-meter drilling program, have been completed at the Kingfisher deposit (see Figure 1) as part of the resource confidence infill program (see Figure 2). Drilling remains ongoing across the current pit-constrained Inferred Resource and will also extend to test the immediate margins, both at depth and along strike, where late 2024 drilling identified several promising intervals intersected after the initial resource estimate was completed (refer to Fortuna’s news release dated December 16, 2024).