Fortuna Intersects 4.1 g/t Au At Kingfisher Deposit

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Summary

➡ Fortuna Mining has found more gold at their Kingfisher deposit in the Seguele mine, Cote d’Ivoire, with new drill results showing 4.1 grams of gold per tonne over 15.3 meters. They’ve also had success at the Sunbird site, finding gold in 24 drill holes. This is part of their ongoing exploration work, and they plan to continue drilling into 2025. Last week, they released a new resource estimate.

Transcript

Well, hello there my friends, Chris Marcus here with you for Arcadia Economics and we have a brief update today as this morning we did have some new drill results from Fortuna Mining as they have extended their Kingfisher deposit with a drill intersect of 4.1 grams per tonne gold over 15.3 meters at their Seguele mine in Cote d’Ivoire. We’ve talked quite a bit throughout the year along with in our calls with Fortuna CEO Jorge Guinoza about their Kingfisher drilling and did have the latest results out here so let’s take a look through here as we begin with a comment from Paul Wieden, Senior VP of Exploration, and he mentions the prospectivity of Kingfisher is underscored by the recent intersections of 15.3 meters averaging 4.1 grams per tonne and 17 meters at 3.3 grams per tonne 150 meters further along the strike and at Sunbird mineralization has successfully drilled to find approximately 650 meters further along strike from the limits of the existing underground resource and taking a look at the individual results there’s the 3.3 grams per tonne over a true width of 17 meters from 175 meters also you did have the 26.9 grams per tonne over a true width of 0.9 meters and 11.8 grams per tonne over 0.9 meters from 202 meters here is the 4.1 grams per tonne over a true width of 15 meters and over at Sunbird you had 7.2 grams per tonne over a true width of 13.3 meters 4 grams over a true width of 17.5 meters from 314 meters and also 20.4 grams per tonne over a true width of 19.6 meters so that gives them a total of 58 drill holes 11,100 meters of width 16 of those drill holes and 3,300 of those meters were drilled subsequent to the inferred resource cutoff date and that was the news that came out just last week which I’ll also link to at the end in case you did not see the resource estimate that they put out last week and anyway back to here we have two drill rigs continuing into the second quarter of 2025 to support infill drilling for resource conversion and then over at Sunbird these were the results from 24 holes totaling a 9,000 65 meters of a planned 12,000 meter drill program and here they highlight that drill hole that I just mentioned the 20.4 grams per tonne over a true width of 19.6 meters and at Sunbird they’re aiming to infill and extend the current mineralized footprint and the drilling there will continue on into the first half of 2025 so congratulations for tuna as they continue their exploration work there link to this is in the description field below and or you can just pause this to see the full range of the drill results but I just wanted to pass that along so you can stay up to date with Fortuna and again as I mentioned they did have a new resource estimate that came out last week and to find out a little bit more about that well that video is coming your way now you
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