Fortuna Mining Corp.
VANCOUVER, British Columbia, Feb. 25, 2026 (GLOBE NEWSWIRE) — Fortuna Mining Corp. (NYSE: FSM | TSX: FVI) is pleased to report the latest batch of exploration drilling results from the Southern Arc deposit at its Diamba Sud Gold Project located in Senegal. A further 44 reverse circulation and diamond drill holes, totalling 7,518 meters, have been completed at Southern Arc since the previous exploration results update in December 2025 and were incorporated into the expanded Diamba Sud mineral resource (refer to Fortuna news release dated February 19, 2026, “Fortuna expands Indicated Mineral Resource by 73% to 1.25 million gold ounces, Diamba Sud Project, Senegal”).
Paul Weedon, Senior Vice President of Exploration, commented “Infill and extension drilling at Southern Arc continues to strengthen the scale and confidence of the deposit, contributing to the updated and expanded updated Mineral Resource of 6 million tonnes averaging 1.9 g/t Au, containing 367,000 gold ounces, making it today the largest single mineral deposit at the growing Diamba Sud Project.” Mr. Weedon concluded, “Southern Arc remains open at depth and along strike to both the southwest and northeast, with drilling continuing. Importantly, most drilling across the total project area is considered relatively shallow at less than 200 meters depth, underscoring the potential for further resource growth at Diamba Sud.”
Southern Arc Drilling highlights
DSDD606:
8.4 g/t Au
22.4 g/t Au
over an estimated true width of 10.4 meters from 136 meters including
over an estimated true width of 1.6 meters from 145 meters
DSDD608:
6.0 g/t Au
20.0 g/t Au
29.8 g/t Au
13.9 g/t Au
3.0 g/t Au
18.6 g/t Au
over an estimated true width of 24.1 meters from 80 meters, including
over an estimated true width of 0.8 meters from 80 meters, and
over an estimated true width of 2.4 meters from 84 meters, and
over an estimated true width of 0.8 meters from 109 meters,
over an estimated true width of 13.6 meters from 167 meters, including
over an estimated true width of 0.8 meters from 176 meters
DSDD612:
6.4 g/t Au
12.6 g/t Au
2.4 g/t Au
10.7 g/t Au
10.3 g/t Au
25.5 g/t Au
19.0 g/t Au
over an estimated true width of 4.6 meters from 102 meters, including
over an estimated true width of 1.4 meters from 106 meters
over an estimated true width of 6.2 meters from 115.3 meters, including
over an estimated true width of 0.8 meters from 118 meters
over an estimated true width of 7.2 meters from 135.45 meters, including
over an estimated true width of 1.2 meters from 135.45 meters, and
over an estimated true width of 0.8 meters from 139 meters
DSDD614:
10.1 g/t Au
13.7 g/t Au
16.5 g/t Au
over an estimated true width of 12.1 meters from 141.75 meters, including
over an estimated true width of 0.8 meters from 146 meters, and
over an estimated true width of 4.0 meters from 148 meters
DSDD642:
2.3 g/t Au
10.9 g/t Au
11.5 g/t Au
over an estimated true width of 36 meters from 229 meters, including
over an estimated true width of 0.8 meters from 246 meters, and
over an estimated true width of 0.8 meters from 248 meters
DSR1039:
5.2 g/t Au
43.8 g/t Au
12.4 g/t Au
36.1 g/t Au
over an estimated true width of 24 meters from 90 meters, including
over an estimated true width of 0.8 meters from 95 meters, and
over an estimated true width of 0.8 meters from 100 meters, and
over an estimated true width of 0.8 meters from 112 meters
At Southern Arc, key objectives include continuing step-out drilling to test strike and depth extensions along strike to the southwest, northeast, and south, where mineralization remains open (see Figures 2 and 3). For example, drill hole DSDD606 (Figure 2) returned 8.4 g/t gold over an estimated true width of 10.4 meters from 136 meters and downhole, and a further 2.6 g/t gold over an estimated true width of 10.6 meters from 181 meters, highlighting the open nature of the system. Additional step-out drilling to test depth and strike projections is planned for the second quarter of 2026 along with re-entry and deepening of historic hole DSR936, which previously terminated short of the mineralized zone.
Mineralization at Southern Arc occurs as variable fine stockwork vein arrays and diffuse pyrite-silica flooding, with a strong spatial association to hydrothermal breccias and carbonate units (Figures 2 and 3). The system commonly exhibits extensive hematite alteration, consistent with mineralization observed at other prospects at Diamba Sud.
Drilling is continuing with 5 drill rigs across the project site testing multiple targets.
Figure 1: Diamba Sud Gold Project: Location of Mineral Resource Deposits
Diamba Sud Gold Project: Location of Mineral Resource Deposits
Figure 2: Diamba Sud Gold Project: Southern Arc deposit – section 700NE. (For details of past release, refer to Fortuna news release dated August 13, 2025, “Fortuna drills 22.7 g/t gold over 21.6 meters at Southern Arc, Diamba Sud Gold Project, Senegal”)
Diamba Sud Gold Project: Southern Arc deposit – section 700NE. (For details of past release, refer to Fortuna news release dated August 13, 2025, “Fortuna drills 22.7 g/t gold over 21.6 meters at Southern Arc, Diamba Sud Gold Project, Senegal”)
Figure 3: Diamba Sud Gold Project: Southern Arc deposit – Section 675NE. (For details of past release, refer to Fortuna news release dated August 13, 2025, “Fortuna drills 22.7 g/t gold over 21.6 meters at Southern Arc, Diamba Sud Gold Project, Senegal”)
Diamba Sud Gold Project: Southern Arc deposit – Section 675NE. (For details of past release, refer to Fortuna news release dated August 13, 2025, “Fortuna drills 22.7 g/t gold over 21.6 meters at Southern Arc, Diamba Sud Gold Project, Senegal”)
Moungoundi Drilling Highlights
DSDD639:
15.8 g/t Au
44.1 g/t Au
over an estimated true width of 4.8 meters from 16 meters, including
over an estimated true width of 1.6 meters from 17 meters
DSDD654:
7.8 g/t Au
6.2 g/t Au
16.8 g/t Au
40.9 g/t Au
over an estimated true width of 1.6 meters from 35 meters
over an estimated true width of 9.6 meters from 53 meters, including
over an estimated true width of 0.8 meters from 53 meters, and
over an estimated true width of 0.8 meters from 55 meters
DSDD662:
7.2 g/t Au
27.6 g/t Au
over an estimated true width of 9.6 meters from 42 meters, including
over an estimated true width of 1.6 meters from 51 meters
DSR1022:
2.2 g/t Au
15.7 g/t Au
over an estimated true width of 19.2 meters from 35 meters, including
over an estimated true width of 0.8 meters from 57 meters
A further 46 reverse circulation and diamond core drill holes, totalling 4,471 meters, have been completed at Moungoundi since the previous exploration update and have been incorporated into the recently updated Diamba Sud Mineral Resource estimate. The program was designed to upgrade resource confidence through infill drilling while also expanding the mineralized footprint through step-out drilling. Mineralization remains open at depth and along strike, and additional drilling is planned to test for potential extensions and possible structural links to the adjacent Western Splay deposit.
Mineralization at Moungoundi occurs within intercalated hydrothermal breccias, carbonate metasedimentary units, and granitic to dioritic intrusive rocks. Mineralization is typically associated with vein arrays preferentially hosted within hydrothermal breccias.
Area D, Karakara, and Kassasoko Infill Drilling Highlights
Area D
DSDD652:
2.7 g/t Au
13.2 g/t Au
2.8 g/t Au
12.6 g/t Au
13.8 g/t Au
over an estimated true width of 28 meters from 21 meters, including
over an estimated true width of 0.8 meters from 30 meters
over an estimated true width of 37.6 meters from 60 meters, including
over an estimated true width of 0.8 meters from 75 meters, and
over an estimated true width of 2.4 meters from 91 meters
DSDD655:
46.3 g/t Au
724.0 g/t Au
21.5 g/t Au
14.3 g/t Au
over an estimated true width of 13.6 meters from 43 meters, including
over an estimated true width of 0.8 meters from 44 meters, and
over an estimated true width of 0.8 meters from 52 meters, and
over an estimated true width of 0.8 meters from 54 meters
Karakara
DSDD643:
36.3 g/t Au
105.0 g/t Au
over an estimated true width of 2.4 meters from 48 meters, including
over an estimated true width of 0.8 meters from 50 meters
Kassasoko
DSR1054:
1.3 g/t Au
over an estimated true width of 22.4 meters from 26 meters
DSR1059:
1.4 g/t Au
over an estimated true width of 12.0 meters from 25 meters
An additional 17 infill drill holes, totaling 1,773 meters, were completed at Area D, Kassasoko, and Karakara (Figure 1). The program was designed to enhance resource confidence by targeting areas previously classified as Inferred Mineral Resources within the recently released updated Diamba Sud Mineral Resource.
Refer to Appendix 1 for full details of the drill holes and assay results for this drill program.
Quality Assurance & Quality Control (QA – QC)
All drilling data completed by the Company utilized the following procedures and methodologies. All drilling was carried out under the supervision of the Company’s personnel.
All reverse circulation (RC) drilling used a 5.25-inch face sampling pneumatic hammer with samples collected into 60-liter plastic bags. Samples were kept dry by maintaining enough air pressure to exclude groundwater inflow. If water ingress exceeded the air pressure, RC drilling was stopped, and drilling converted to diamond core tails. Once collected, RC samples were riffle split through a three-tier splitter to yield a 12.5 percent representative sample for submission to the analytical laboratory. The residual 87.5 percent samples were stored at the drill site until assay results were received and validated. Coarse reject samples for all mineralized samples corresponding to significant intervals are retained and stored on-site at the Company-controlled core yard.
All diamond drilling (DD) drill holes started with HQ sized diameter, before reducing to NQ diameter diamond drill bits on intersecting fresh rock. The core was logged, marked up for sampling using standard lengths of one meter or to a geological boundary. Samples were then cut into equal halves using a diamond saw. One half of the core was left in the original core box and stored in a secure location at the Company core yard at the project site. The other half was sampled, catalogued, and placed into sealed bags and securely stored at the site until shipment.
All RC and DD samples were transported by Company vehicle or commercial courier to ALS Global’s preparation laboratories in Kedougou, Senegal with prepared sample pulps then transported via commercial courier to ALS Global’s analytical facility in Ouagadougou, Burkina Faso. Routine gold analysis using a 50-gram charge and fire assay with an atomic absorption finish was completed for all samples. Samples returning assays >10 ppm Au were reanalyzed using a 50-gram charge and fire assay with a gravimetric finish. Quality control procedures included the systematic insertion of blanks, duplicates and sample standards into the sample stream. In addition, the ALS Global laboratory inserted its own quality control samples.
Qualified Person
Paul Weedon, Senior Vice President, Exploration for Fortuna Mining Corp., is a Qualified Person as defined by National Instrument 43-101 being a member of the Australian Institute of Geoscientists (Membership #6001). Mr. Weedon has reviewed and approved the scientific and technical information contained in this news release. Mr. Weedon has verified the data disclosed, including the sampling, analytical and test data underlying the information or opinions contained herein by reviewing geochemical and geological databases and reviewing diamond drill core. There were no limitations to the verification process.
About Fortuna Mining Corp.
Fortuna Mining Corp. is a Canadian precious metals mining company with three operating mines and a portfolio of exploration projects in Argentina, Côte d’Ivoire, Mexico, and Peru, as well as the Diamba Sud Gold Project in Senegal. Sustainability is at the core of our operations and stakeholder relationships. We produce gold and silver while creating long-term shared value through efficient production, environmental stewardship, and social responsibility. For more information, please visit our website at www.fortunamining.com
ON BEHALF OF THE BOARD
Jorge A. Ganoza
President, CEO, and Director
Fortuna Mining Corp.
Investor Relations:
Carlos Baca | info@fmcmail.com | fortunamining.com | X | LinkedIn | YouTube | Instagram | TikTok
Forward looking Statements
This news release contains forward-looking statements which constitute “forward-looking information” within the meaning of applicable Canadian securities legislation and “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995 (collectively, “Forward-looking Statements”). All statements included herein, other than statements of historical fact, are Forward-looking Statements and are subject to a variety of known and unknown risks and uncertainties which could cause actual events or results to differ materially from those reflected in the Forward-looking Statements. The Forward-looking Statements in this news release include, without limitation, the Mineral Resource estimates at Diamba Sud; the Company’s proposed exploration plans and timelines at Diamba Sud; statements regarding potential for future resource growth at Diamba Sud; statements about the Company’s business strategies, plans and outlook; the Company’s plans for its mines and mineral properties; changes in general economic conditions and financial markets; the impact of inflationary pressures on the Company’s business and operations; the future results of exploration activities; expectations with respect to metal grade estimates and the impact of any variations relative to metals grades experienced; assumed and future metal prices; the merit of the Company’s mines and mineral properties; and the future financial or operating performance of the Company. Often, but not always, these Forward-looking Statements can be identified by the use of words such as “estimated”, “potential”, “open”, “future”, “assumed”, “projected”, “proposed”, “used”, “detailed”, “has been”, “gain”, “planned”, “reflecting”, “will”, “anticipated”, “estimated” “containing”, “remaining”, “to be”, or statements that events, “could” or “should” occur or be achieved and similar expressions, including negative variations.
Forward-looking Statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance, or achievements of the Company to be materially different from any results, performance or achievements expressed or implied by the Forward-looking Statements. Such uncertainties and factors include, among others, operational risks associated with mining and mineral processing; uncertainty relating to Mineral Resource and Mineral Reserve estimates; uncertainty relating to capital and operating costs, production schedules and economic returns; risks relating to the Company’s ability to replace its Mineral Reserves; risks related to the conversion of Mineral Resources to Mineral Reserves; risks associated with mineral exploration and project development; uncertainty relating to the repatriation of funds as a result of currency controls; environmental matters including obtaining or renewing environmental permits and potential liability claims; uncertainty relating to nature and climate conditions; laws and regulations regarding the protection of the environment (including greenhouse gas emission reduction and other decarbonization requirements and the uncertainty surrounding the interpretation of omnibus Bill C-59 and the related amendments to the Competition Act (Canada); risks associated with political instability and changes to the regulations governing the Company’s business operations; changes in national and local government legislation, taxation, controls, regulations and political or economic developments in countries in which the Company does or may carry on business; risks associated with war, hostilities or other conflicts, such as the Ukrainian – Russian, and Israeli – Hamas conflicts, and the impacts they may have on global economic activity; risks relating to the termination of the Company’s mining concessions in certain circumstances; developing and maintaining relationships with local communities and stakeholders; risks associated with losing control of public perception as a result of social media and other web-based applications; potential opposition to the Company’s exploration, development and operational activities; risks related to the Company’s ability to obtain adequate financing for planned exploration and development activities; property title matters; risks related to the ability to retain or extend title to the Company’s mineral properties; risks relating to the integration of businesses and assets acquired by the Company; impairments; risks associated with climate change legislation; reliance on key personnel; adequacy of insurance coverage; operational safety and security risks; legal proceedings and potential legal proceedings; uncertainties relating to general economic conditions; risks relating to a global pandemic, which could impact the Company’s business, operations, financial condition and share price; competition; fluctuations in metal prices; risks associated with entering into commodity forward and option contracts for base metals production; fluctuations in currency exchange rates and interest rates; tax audits and reassessments; risks related to hedging; uncertainty relating to concentrate treatment charges and transportation costs; sufficiency of monies allotted by the Company for land reclamation; risks associated with dependence upon information technology systems, which are subject to disruption, damage, failure and risks with implementation and integration; labor relations issues; as well as those factors discussed under “Risk Factors” in the Company’s Annual Information Form for the fiscal year ended December 31, 2024. Although the Company has attempted to identify important factors that could cause actual actions, events, or results to differ materially from those described in Forward-looking Statements, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended.
Forward-looking Statements contained herein are based on the assumptions, beliefs, expectations and opinions of management, including, but not limited to, the accuracy of the Company’s current Mineral Resource and Mineral Reserve estimates; that the Company’s activities will be conducted in accordance with the Company’s public statements and stated goals; that there will be no material adverse change affecting the Company, its properties or its production estimates (which assume accuracy of projected ore grade, mining rates, recovery timing, and recovery rate estimates and may be impacted by unscheduled maintenance, labor and contractor availability and other operating or technical difficulties); the duration and effect of global and local inflation; the duration and impacts of geo-political uncertainties on the Company’s production, workforce, business, operations and financial condition; the expected trends in mineral prices, inflation and currency exchange rates; that all required approvals and permits will be obtained for the Company’s business and operations on acceptable terms; that there will be no significant disruptions affecting the Company’s operations and such other assumptions as set out herein. Forward-looking Statements are made as of the date hereof and the Company disclaims any obligation to update any Forward-looking Statements, whether as a result of new information, future events, or results or otherwise, except as required by law. There can be no assurance that these Forward-looking Statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, investors should not place undue reliance on Forward-looking Statements.
Cautionary Note to United States Investors Concerning Estimates of Reserves and Resources
All reserve and resource estimates included in this news release have been prepared in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects (“NI 43-101”) and the Canadian Institute of Mining, Metallurgy, and Petroleum Definition Standards on Mineral Resources and Mineral Reserves. NI 43-101 is a rule developed by the Canadian Securities Administrators that establishes standards for public disclosure by a Canadian company of scientific and technical information concerning mineral projects. All Mineral Reserve and Mineral Resource estimates contained in the technical disclosure have been prepared in accordance with NI 43-101 and the Canadian Institute of Mining, Metallurgy and Petroleum Definition Standards on Mineral Resources and Reserves. Canadian standards, including NI 43-101, differ significantly from the requirements of the Securities and Exchange Commission, and mineral reserve and resource information included in this news release may not be comparable to similar information disclosed by U.S. companies.
Appendix 1: Diamba Sud Gold Project drill program details of the drill holes and assay results
HoleID
Easting (WGS84_29N)
Northing (WGS84_29N)
Elev. (m)
EOH1,2 Depth (m)
UTM Azimuth
Dip
Depth2,3 From (m)
Depth2 To (m)
Drilled2 Width (m)
ETW4 (m)
Au (ppm)
Hole Type5
Area
Area D
DSDD652
232784
1429423
180
109
90
-60
10
16
6
4.8
1.1
DD
Area D
21
56
35
28.0
2.7
DD
Area D
including
30
31
1
0.8
13.2
DD
Area D
60
107
47
37.6
2.8
DD
Area D
including
75
76
1
0.8
12.6
DD
Area D
including
91
94
3
2.4
13.8
DD
Area D
DSDD655
232770
1429450
180
115
90
-65
16
19
3
2.4
2.9
DD
Area D
23
30
7
5.6
1.8
DD
Area D
36
38
2
1.6
3.6
DD
Area D
43
60
17
13.6
46.3
DD
Area D
including
44
45
1
0.8
724.0
DD
Area D
including
52
53
1
0.8
21.5
DD
Area D
including
54
55
1
0.8
14.3
DD
Area D
77
81
4
3.2
1.9
DD
Area D
105
108
3
2.4
4.8
DD
Area D
Karakara
DSDD640
231773
1428156
150
114
270
-55
6
18
12
9.6
1.8
DD
Karakara
22
33
11
8.8
0.9
DD
Karakara
DSDD643
231631
1428153
154
100
270
-50
48
51
3
2.4
36.3
DD
Karakara
including
50
51
1
0.8
105.0
DD
Karakara
DSDD646
231649
1428206
154
80
270
-50
8.5
13
4.50
3.6
1.2
DD
Karakara
50.8
53
2.20
1.8
4.2
DD
Karakara
including
52.5
53
0.50
0.4
12.6
DD
Karakara
DSDD648
231900
1428171
151
92
270
-50
71
86.5
15.3
12.2
0.6
DD
Karakara
Kassasoko
DSR1054
231749
1425910
145
95
150
-55
9
20
11
8.8
1.3
RC
Kassasoko
26
54
28
22.4
1.3
RC
Kassasoko
DSR1055
231738
1425933
145
102
150
-55
NSI
RC
Kassasoko
DSR1056
231687
1425937
144
100
150
-55
28
35
7
5.6
1.0
RC
Kassasoko
82
94
12
9.6
1.0
RC
Kassasoko
DSR1057
231656
1425949
144
80
150
-55
30
39
9
7.2
2.0
RC
Kassasoko
Including
30
31
1
0.8
10.9
RC
Kassasoko
DSR1058
231626
1425906
145
102
150
-55
4
17
13
10.4
0.9
RC
Kassasoko
25
34
9
7.2
0.8
RC
Kassasoko
59
61
2
1.6
3.3
RC
Kassasoko
DSR1059
231615
1425930
145
102
150
-55
12
21
9
7.2
0.7
RC
Kassasoko
25
40
15
12.0
1.4
RC
Kassasoko
DSR1060
231603
1425947
145
102
150
-55
15
29
14
11.2
1.2
RC
Kassasoko
DSR1061
231579
1425941
145
140
150
-50
27
57
30
24.0
0.9
RC
Kassasoko
DSR1062
231557
1425940
145
100
150
-55
NSI
RC
Kassasoko
DSR1063
231544
1425871
145
100
150
-55
85
87
2
1.6
4.8
RC
Kassasoko
91
97
6
4.8
3.3
RC
Kassasoko
DSR1064
231529
1425892
145
140
150
-55
NSI
RC
Kassasoko
Moungoundi
DSDD630
230869
1426831
154
152
90
-50
58
61
3
2.4
5.2
DD
Moungoundi
Including
60
61
1
0.8
11.1
DD
Moungoundi
DSDD631
230828
1426901
153
98
90
-60
12
25
13
10.4
2.1
DD
Moungoundi
34
38
4
3.2
4.2
DD
Moungoundi
Including
35
36
1
0.8
10.3
DD
Moungoundi
76
81
5
4.0
1.7
DD
Moungoundi
DSDD634
230777
1426899
154
131
90
-60
60
74
14
11.2
1.2
DD
Moungoundi
DSDD636
230916
1426853
154
100
90
-50
59
62
3
2.4
2.4
DD
Moungoundi
DSDD637
230873
1426899
155
83
90
-58
NSI
DD
Moungoundi
DSDD638
231014
1426649
152
74
270
-55
NSI
DD
Moungoundi
DSDD639
230885
1426932
156
116
90
-55
16
22
6
4.8
15.8
DD
Moungoundi
Including
17
19
2
1.6
44.1
DD
Moungoundi
DSDD641
231014
1426674
152
74
270
-55
NSI
DD
Moungoundi
DSDD644
231017
1426698
153
63
270
-55
NSI
DD
Moungoundi
DSDD647
231042
1426726
154
101
270
-55
94
96
2
1.6
5.0
DD
Moungoundi
DSDD650
230870
1426980
157
86
90
-60
63
65
2.0
1.6
2.6
DD
Moungoundi
69.4
76
6.6
5.3
2.2
DD
Moungoundi
DSDD651
231000
1426752
154
62
270
-55
5
10
5.0
4.0
7.2
DD
Moungoundi
Including
8
9
1.0
0.8
18.6
DD
Moungoundi
DSDD654
230666
1426801
152
81
90
-55
35
37
2.0
1.6
7.8
DD
Moungoundi
53
65
12.0
9.6
6.2
DD
Moungoundi
Including
53
54
1.0
0.8
16.8
DD
Moungoundi
Including
55
56
1.0
0.8
40.9
DD
Moungoundi
DSDD656
230695
1426824
152
98
90
-55
14
20
6.0
4.8
3.3
DD
Moungoundi
Including
16
17
1.0
0.8
10.9
DD
Moungoundi
31
38
7.0
5.6
1.3
DD
Moungoundi
DSDD657
230716
1426853
153
122
90
-55
77
79
2
1.6
5.4
DD
Moungoundi
106
108
2
1.6
9.3
DD
Moungoundi
Including
107
108
1
0.8
17.2
DD
Moungoundi
DSDD658
230866
1426852
154
123
90
-50
NSI
DD
Moungoundi
DSDD659
230935
1426799
154
90
90
-55
12
20
8
6.4
0.8
DD
Moungoundi
DSDD660
230722
1426794
152
60
90
-55
NSI
DD
Moungoundi
DSDD661
230820
1426881
154
103
90
-50
13
18
5
4.0
4.0
DD
Moungoundi
Including
14
15
1
0.8
16.3
DD
Moungoundi
DSDD662
230862
1426776
153
67
90
-55
42
54
12
9.6
7.2
DD
Moungoundi
Including
51
53
2
1.6
27.6
DD
Moungoundi
DSDD663
230758
1426823
151
123
90
-55
NSI
DD
Moungoundi
DSDD664
230884
1426800
153
104
90
-55
NSI
DD
Moungoundi
DSDD665
230963
1426677
152
74
90
-55
61
68
7
5.6
3.1
DD
Moungoundi
DSDD666
231000
1426773
154
65
270
-55
10
18
8
6.4
1.5
DD
Moungoundi
30
41
11
8.8
2.0
DD
Moungoundi
DSDD667
230939
1426775
153
85
90
-55
30
32
2
1.6
4.9
DD
Moungoundi
DSR1018
230965
1426775
154
102
90
-55
1
13
12
9.6
2.0
RC
Moungoundi
28
44
16
12.8
2.1
RC
Moungoundi
Including
38
39
1
0.8
15.7
RC
Moungoundi
DSR1019
230885
1426775
153
60
90
-55
22
24
2
1.6
9.2
RC
Moungoundi
Including
22
23
1
0.8
16.9
RC
Moungoundi
DSR1020
230934
1426725
153
78
90
-55
NSI
RC
Moungoundi
DSR1021
230962
1426703
152
96
90
-55
89
93
4
3.2
2.3
RC
Moungoundi
DSR1022
231039
1426674
152
102
270
-55
35
59
24
19.2
2.2
RC
Moungoundi
Including
57
58
1
0.8
15.7
RC
Moungoundi
65
76
11
8.8
2.7
RC
Moungoundi
Including
68
69
1
0.8
Loss
RC
Moungoundi
DSR1023
231062
1426701
153
120
270
-55
NSI
RC
Moungoundi
DSR1024
231017
1426727
153
90
270
-55
NSI
RC
Moungoundi
DSR1025
231045
1426750
154
102
270
-55
NSI
RC
Moungoundi
DSR1026
230962
1426654
152
60
90
-55
NSI
RC
Moungoundi
DSR1027
230915
1426830
154
90
90
-50
50
62
12
9.6
0.9
RC
Moungoundi
DSR1028
230936
1426705
152
102
90
-55
NSI
RC
Moungoundi
DSR1029
230912
1426724
152
120
90
-55
82
94
12
9.6
1.0
RC
Moungoundi
DSR1030
230799
1426827
153
114
90
-55
NSI
0.0
RC
Moungoundi
DSR1031
230824
1426826
153
72
90
-55
11
20
9
7.2
1.4
RC
Moungoundi
25
34
9
7.2
0.6
RC
Moungoundi
DSR1032
230791
1426883
154
102
90
-50
NSI
RC
Moungoundi
DSR1033
230815
1426849
154
108
90
-55
19
27
8
6.4
0.8
RC
Moungoundi
DSR1034
230780
1426826
153
144
90
-55
16
23
7
5.6
1.1
RC
Moungoundi
DSR1035
230836
1426776
153
108
90
-55
NSI
RC
Moungoundi
DSR1036
231074
1426774
155
114
270
-55
NSI
RC
Moungoundi
DSR1037
231065
1426728
154
138
270
-55
NSI
RC
Moungoundi
DSR1038
230816
1426979
156
114
90
-55
92
93
1
0.8
17.7
RC
Moungoundi
Southern Arc
DSDD601
232735
1426119
145
101
150
-50
NSI
DD
Southern Arc
DSDD602
232888
1426004
144
140
150
-50
128
130
2
1.6
2.5
DD
Southern Arc
DSDD603
232756
1425965
143
137
150
-50
NSI
DD
Southern Arc
DSDD604
232695
1426193
146
158
150
-50
63
75
12
9.6
2.2
DD
Southern Arc
Including
71
72
1
0.8
20.0
DD
Southern Arc
122.7
126
3.3
2.6
4.3
DD
Southern Arc
DSDD605
232914
1426143
144
129
150
-50
27
49.7
22.7
18.2
2.0
DD
Southern Arc
79.7
87
7.3
5.8
2.6
DD
Southern Arc
Including
80
81
1.3
1.0
10.5
DD
Southern Arc
DSDD606
232900
1426269
144
207
150
-50
97
107
10
8.0
1.5
DD
Southern Arc
136
149
13
10.4
8.4
DD
Southern Arc
Including
142
143
1
0.8
10.7
DD
Southern Arc
Including
145
147
2
1.6
22.4
DD
Southern Arc
170
174
4
3.2
3.7
DD
Southern Arc
Including
170
171
1
0.8
11.4
DD
Southern Arc
181
194.3
13.3
10.6
2.6
DD
Southern Arc
DSDD607
232772
1425945
143
119
150
-50
NSI
DD
Southern Arc
DSDD608
232892
1426204
143
204
150
-50
80
110.15
30.15
24.1
6.0
DD
Southern Arc
Including
80
81
1
0.8
20.0
DD
Southern Arc
Including
84
87
3
2.4
29.8
DD
Southern Arc
Including
109
110.15
1
0.8
13.9
DD
Southern Arc
124.4
129
4.6
3.7
3.0
DD
Southern Arc
167
184
17
13.6
3.0
DD
Southern Arc
Including
176
177
1
0.8
18.6
DD
Southern Arc
195.75
199
3.25
2.6
11.9
DD
Southern Arc
Including
196
198
2.25
1.8
15.5
DD
Southern Arc
DSDD609
232936
1426231
143
210
150
-50
112
120.3
8.3
6.6
2.3
DD
Southern Arc
195
199
4
3.2
2.5
DD
Southern Arc
DSDD610
232885
1426134
144
140
150
-50
47
53
6
4.8
1.4
DD
Southern Arc
63
78.6
15.6
12.5
5.5
DD
Southern Arc
Including
69
70.3
1.3
1.0
23.3
DD
Southern Arc
Including
76
77.3
0.95
0.8
12.5
DD
Southern Arc
103
109.45
6.45
5.2
3.6
DD
Southern Arc
DSDD611
232796
1425902
143
143
150
-50
NSI
DD
Southern Arc
DSDD612
232911
1426222
144
174
150
-50
102
107.8
5.8
4.6
6.4
DD
Southern Arc
Including
106
107.8
1.8
1.4
12.6
DD
Southern Arc
115.3
123
7.7
6.2
2.4
DD
Southern Arc
Including
118
119
1
0.8
10.7
DD
Southern Arc
135.45
144.5
9.05
7.2
10.3
DD
Southern Arc
Including
135.45
137
1.55
1.2
25.5
DD
Southern Arc
Including
139
140
1
0.8
19.0
DD
Southern Arc
DSDD613
232883
1426186
143
167
150
-50
69
78
9
7.2
2.4
DD
Southern Arc
83
98
15
12.0
1.5
DD
Southern Arc
DSDD614
232876
1426256
144
243
150
-50
141.75
156.85
15.10
12.1
10.1
DD
Southern Arc
Including
146
147
1
0.8
13.7
DD
Southern Arc
Including
148
153
5
4.0
16.5
DD
Southern Arc
180.5
191
10.50
8.4
2.0
DD
Southern Arc
196
204
8
6.4
4.0
DD
Southern Arc
Including
202
203
1
0.8
23.9
DD
Southern Arc
225.45
232
6.55
5.2
1.5
DD
Southern Arc
DSDD615
232798
1425944
143
122
150
-50
NSI
DD
Southern Arc
DSDD616
232974
1426195
143
150
150
-50
126
138.15
12.15
9.7
2.0
DD
Southern Arc
DSDD617
232855
1426187
144
164
150
-50
87.75
94.75
7.00
5.6
6.4
DD
Southern Arc
Including
92
94
2
1.6
18.0
DD
Southern Arc
DSDD618
232730
1425967
142
140
150
-50
NSI
DD
Southern Arc
DSDD619
232857
1426232
144
222
150
-50
153
162
9
7.2
3.4
DD
Southern Arc
Including
154
155
1
0.8
19.9
DD
Southern Arc
173
175
2
1.6
5.0
DD
Southern Arc
193
197.95
4.95
4.0
2.3
DD
Southern Arc
205
210
5
4.0
1.0
DD
Southern Arc
DSDD620
232865
1426045
144
150
150
-50
NSI
DD
Southern Arc
DSDD621
232971
1426142
144
121
150
-50
103
104
1
0.8
5.4
DD
Southern Arc
DSDD622
232786
1425965
143
195
150
-50
84.25
85.5
1.25
1.0
6.2
DD
Southern Arc
97.2
105.0
7.8
6.2
1.6
DD
Southern Arc
DSDD623
232719
1425988
142
134
150
-50
65.2
76.65
11.45
9.2
2.6
DD
Southern Arc
DSDD624
232671
1426026
142
147
150
-50
129
136
7
5.6
1.3
DD
Southern Arc
DSDD625
232833
1426224
144
210
150
-50
16
20
4
3.2
1.7
DD
Southern Arc
77
83
6
4.8
1.6
DD
Southern Arc
DSDD626
232942
1426149
144
125
150
-50
96
101
5
4.0
1.1
DD
Southern Arc
DSDD627
232797
1426091
145
137
150
-50
75
92
17
13.6
1.0
DD
Southern Arc
DSDD628
232817
1425974
143
234
150
-50
89.6
106
16.4
13.1
2.8
DD
Southern Arc
Including
101
102
1
0.8
13.8
DD
Southern Arc
142
149
7
5.6
1.5
DD
Southern Arc
DSDD629
232775
1426273
144
249
150
-50
NSI
DD
Southern Arc
DSDD632
232638
1426028
142
201
150
-50
83
84.1
1.1
0.9
25.5
DD
Southern Arc
185
193
8
6.4
0.9
DD
Southern Arc
DSDD633
232790
1426017
143
318
150
-50
87
110
23
18.4
0.9
DD
Southern Arc
129
136
7
5.6
1.1
DD
Southern Arc
179.75
183
3.25
2.6
8.0
DD
Southern Arc
Including
181
182
1
0.8
13.7
DD
Southern Arc
DSDD635
232842
1425984
143
222
150
-50
80.2
83
2.80
2.2
2.0
DD
Southern Arc
93
105
12.00
9.6
1.8
DD
Southern Arc
143
186
43.00
34.4
1.7
DD
Southern Arc
190
197
7
5.6
0.8
DD
Southern Arc
DSDD642
232820
1426293
143
294
150
-50
92
95
3
2.4
2.1
DD
Southern Arc
99
108.1
9.1
7.3
2.6
DD
Southern Arc
179
184
5
4.0
1.7
DD
Southern Arc
229
274
45
36.0
2.3
DD
Southern Arc
Including
246
247
1
0.8
10.9
DD
Southern Arc
Including
248
249
1
0.8
11.5
DD
Southern Arc
DSDD645
233002
1426203
143
180
150
-50
154
161.5
7.5
2.3
2.9
DD
Southern Arc
Including
159
160.25
1.25
2.3
14.0
DD
Southern Arc
DSDD649
232841
1426312
144
300
150
-50
83
104.75
27.1
21.7
2.3
DD
Southern Arc
DSDD653
232797
1426286
144
285
150
-50
173
176
3
2.4
2.0
DD
Southern Arc
180
187
7
5.6
1.4
DD
Southern Arc
243
246.6
3.6
2.9
3.5
DD
Southern Arc
DSGT017
233017
1426051
143
120
300
-60
49
71
22
15.4
6.1
DD
Southern Arc
Including
50
51
1
0.7
13.7
DD
Southern Arc
Including
58
59
1
0.7
14.0
DD
Southern Arc
Including
60
63
3
2.1
16.6
DD
Southern Arc
DSR980
232750
1426033
143
191
150
-50
82
87
5
4.0
1.8
RCD
Southern Arc
93
101
8
6.4
0.7
RCD
Southern Arc
119
141
22
17.6
3.1
RCD
Southern Arc
Including
138
139
1
0.8
33.4
RCD
Southern Arc
DSR1039
232783
1426117
145
138
150
-50
80
84
4
3.2
1.6
RC
Southern Arc
90
120
30
24.0
5.2
RC
Southern Arc
including
95
96
1
0.8
43.8
RC
Southern Arc
including
100
101
1
0.8
12.4
RC
Southern Arc
including
112
113
1
0.8
36.1
RC
Southern Arc
130
133
3
2.4
2.0
RC
Southern Arc
DSR1040
232756
1426163
145
144
150
-50
0
5
5
4.0
1.1
RC
Southern Arc
14
18
4
3.2
1.6
RC
Southern Arc
29
53
24
19.2
2.0
RC
Southern Arc
including
44
45
1
0.8
12.6
RC
Southern Arc
81
83
2
1.6
3.2
RC
Southern Arc
DSR1041
232748
1426094
145
105
150
-50
NSI
RC
Southern Arc
DSR1042
232984
1426065
144
72
150
-50
NSI
RC
Southern Arc
DSR1043
232432
1426433
148
80
150
-50
39
40
1
0.8
8.8
RC
Southern Arc
57
59
2
1.6
2.8
RC
Southern Arc
DSR1044
232320
1426318
146
96
150
-50
NSI
RC
Southern Arc
Notes:
1. EOH: End of hole
2. Depths and widths reported to nearest significant decimal place
3. NSI: No significant intercepts
4. ETW: Estimated true width
5. RC: reverse circulation drilling | DD: diamond drilling tail | RCD: reverse circulation drilling with diamond tail
Photos accompanying this announcement are available at:
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https://www.globenewswire.com/NewsRoom/AttachmentNg/e0105f03-cf46-456d-9770-c4ff092f89ff
https://www.globenewswire.com/NewsRoom/AttachmentNg/e28d6846-dc25-4637-afb7-02b4677ab901
A PDF accompanying this announcement is available at:
http://ml.globenewswire.com/Resource/Download/74984b8f-f283-42c9-af7b-0a6ef432ffbd