Well, hello there my friends Chris Marcus here with you for Arcadia Economics and a quick one today as we did get some news yesterday from Fortuna. They had new drill results out at both the Kingfisher and Sunbird Prospects at their Seguela Mine and Cote d’Ivoire and I wanted to just walk you through the highlights because it continues to go well at the Seguela Project where they are ramping up the gold production and certainly have a lot of targets, all of which Jorge Ganosa, the CEO of Fortuna Mining, talked quite a bit about last week when we did the call following their earnings and I will link to that at the end of this video so stay tuned for that in case you have not seen it yet.

But let’s start here with a comment from Paul Wieden, the senior VP of Exploration at Fortuna. He mentions a successful infill drill program was completed at Kingfisher. Several notable intersections including 4.5 grams per ton over an estimated true width of 37.4 meters and now the exploration is turning towards extending the strike and depth at Kingfisher where they have successfully intersected mineralization 300 meters below surface and a further 250 meters along strike and then in terms of the results at Sunbird he mentions that deep exploration drilling tested the southern extent of Sunbird and continued to return

excellent results while upgrading the geological confidence and expanding the mineralized envelope and there they had several drill results but some highlights include 8.5 grams per ton over an estimated true width of 70 meters and they also identified near surface shallow mineralization approximately 180 meters into the foot wall where they got 2.1 grams per ton over a true width of 8.4 meters and 5.6 grams per ton over a true width of 4.9 meters and here you can see the Kingfisher results.

Feel free to pause this and take a closer look also the link to this press release also in the description field below but some of the highlights the first total 9.4 grams per ton over a true width of 17 meters then 5.6 grams per ton over 22 meters 4.5 grams per ton over 37.4 meters that was the one that we mentioned in the beginning that Paul commented on 4.4 over 20 meters 4 grams per ton over 6.8 meters 3.7 over 23.8 meters 3 grams over 31.5 meters and 4.2 grams over a true width of 26 meters all of which means they’ve completed an additional 78 holes totaling 13,262 meters which targeted resource confidence infill and

also extension drilling and we see here they also do have two rigs in operation testing emerging down plunge potential to the north and they also mentioned how drill hole 2501 intersected 12.7 grams per ton over a true width of 0.9 meters as part of a wider interval of 1.6 grams per ton over an estimated true width of 9.4 meters from 362 meters depth approximately 300 meters vertical which is the deepest drilling to date at Kingfisher with mineralization remaining open long strike and at depth and as I mentioned they’re going to be continuing to drill throughout 2025 and here you can see on the map that’s the plant site and here’s

Kingfisher and here’s Sunbird slightly south of that and speaking of Sunbird in terms of the drill highlights there we see 3 grams over true width of 4.2 meters 12.2 over 4.9 then in the next drill hole they had 25.2 grams over true width of 2.1 meters 9.1 grams per ton over 5.6 meters 11.2 grams over 5.6 meters and 4.1 grams over 4.2 meters 10.4 grams over 4.9 meters eight and a half grams over seven meters 6.6 grams over 2.8 meters and 13.1 grams over 3.5 meters and 7.1 grams over 7.7 meters they finished 41 drill holes totaling 17,532 meters at Sunbird and that was also for resource confidence infill and the extension

program and they mentioned that drilling on the main chute has continued to intersect high grades along the projected plunge with drill-defined mineralization now extending more than 1.1 kilometers down plunge approximately 700 meters below surface and they highlight the 11.2 grams per ton over a true width of 5.6 meters from 479 meters and also the 10.4 grams per ton over 4.9 meters and 12.2 grams per ton over the true width of 4.9 meters from 420 meters which highlight the emergence of a second high grade chute extending at least 800 meters down plunge and mineralization remains open at depth and along strike

while drilling is set to go throughout the end of 2025 and the last note here they mentioned that drill targeting the deep extensions has also intersected near surface mineralization approximately 180 meters into the foot wall and they’re going to continue drilling to determine the mineralized extent which is presently open over a 400 meter strike length and they mentioned the particular holes that came back with the 5.6 grams per ton over 4.9 meters and 14.7 grams per ton over 2.8 meters so there are the latest drill results from Fortuna Mining.

They had drill results last week as well from Diambasud so a lot of news coming out and now both of these particular drill results came out after the call we did with Jorge last week although he talked about the move on earnings where we saw the price down 12 percent that day although here you can see here was pre-earnings release then it was down the 12 percent and as has happened in several previous quarters rebounding not not as quickly as this one but here it’s just a little bit over a week later price has already been higher so Jorge talked a lot about that why he thinks the market does that often and why he also felt

that they were not appropriately interpreting the results so think you would enjoy that call especially if you are a Fortuna shareholder or you’re looking for companies that have exposure on a gold rally so in either case there are the drill results and to hear that call with Jorge well it’s coming out.

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