Fortuna provides exploration programmes update

An additional 100 drill holes, totalling 10 978 m of a planned 28 000 m drilling programme, have been completed at the Kingfisher deposit as part of the resource confidence infill programme. 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.

The recent drilling has continued to highlight the widths and grade tenor intersected in the first drilling phase, supporting and refining the geological interpretation. Kingfisher remains open at depth for most of the drilled 2 km strike length, with the deepest drilling testing to only approximately 250 m below surface.

Sunbird deposit

Drilling has now extended mineralisation approximately 700 m to the south beyond the limit of the current underground Inferred Resource and some 600 m below surface.

Results from a further 10 holes, totalling 5120 m of a planned 12 000 m drilling program have been received, including an interval of 4.3 g/t Au over a true width of 23.1 m from 733 m in drill hole SGRD2215, which is the deepest intersection drilled at Séguéla.

The last phase of the current programme will step out above and below the current intersection to further refine the geometry and controls on the interpreted mineralised shoot during 2Q25.

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 km 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 m in drill hole SGRC2278.

“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 m from 733 m in drill hole SGRD2215, representing the deepest intercept to date, with mineralisation remaining open at depth and down plunge.”