Fortuna Mining Boosts Diamba Sud Gold Project Indicated Resources by 73% to 1.25M Ounces

summarizeSummary

Fortuna Mining Corp. announced a significant 73% increase in Indicated Mineral Resources at its Diamba Sud Gold Project in Senegal, now totaling 1.25 million gold ounces, strengthening the project's path to a feasibility study and production.

check_boxKey Events

• Significant Resource Expansion

  Indicated Mineral Resources at the Diamba Sud Gold Project increased by 73% to 1.25 million ounces of gold, adding 530,000 ounces from the prior estimate.

• Feasibility Study Advancement

  The updated resource estimate provides a strong foundation for the feasibility study, targeted for completion by the end of Q2 2026, advancing the project towards a final investment decision.

• Strategic Growth Alignment

  This project is central to Fortuna Mining's strategy to grow annual gold production to over 500,000 ounces from long-life assets.

• New Deposit Contribution

  The Southern Arc deposit now contributes 367,000 ounces of gold, establishing it as the largest gold deposit discovered to date at Diamba Sud.

auto_awesomeAnalysis

This filing provides a substantial update to the Diamba Sud Gold Project, significantly increasing its estimated gold resources. The 73% rise in indicated ounces to 1.25 million provides a robust foundation for the upcoming feasibility study, expected by mid-2026, and moves the project closer to a final investment decision. This development is crucial for Fortuna Mining's strategic goal of achieving over 500,000 ounces of annual gold production from long-life assets, reinforcing its growth trajectory in West Africa.