Fortuna intersects 14.2 g/t Au over 16.8 meters at the Kingfisher prospect, Séguéla Mine, Côte d'Ivoire
KingfisherKingfisher(US:KGFHY) GlobeNewswire News Room·2024-09-10 09:00

Core Viewpoint - Fortuna Mining Corp. has reported significant exploration progress at the Séguéla Mine in Côte d'Ivoire, particularly at the Kingfisher and Sunbird prospects, indicating strong potential for gold mineralization and future resource development [1][2]. Kingfisher Prospect Highlights - The Kingfisher prospect has shown a drill-defined strike of over 2 kilometers, with mineralization remaining open at depth. Notable drilling results include 14.2 g/t Au over an estimated true width of 16.8 meters from drill hole SGRC1865 [2][3]. - A total of 58 holes were drilled at Kingfisher, totaling 6,966 meters, which has merged three separate lodes into a continuous mineralization zone. The deepest drilling has only tested down to approximately 200 meters below the surface [3][4]. - The mineralization at Kingfisher is associated with a strongly deformed contact zone between felsic intrusives and basaltic units, with a change in strike orientation correlating with higher-grade intervals [4]. Sunbird Deposit Highlights - Drilling at the Sunbird deposit has yielded results such as 8.8 g/t Au over an estimated true width of 6.3 meters from drill hole SGDD140, supporting the potential for underground mining [6]. - The current drilling program at Sunbird is designed to infill and extend the mineralized footprint, with results from the first five holes of a planned 12,000-meter program already received [6][7]. - Mineralization at Sunbird remains open 600 meters below the surface, indicating significant depth potential for future exploration [6]. Future Plans - The company plans to continue drilling at both Kingfisher and Sunbird throughout the remainder of 2024, with the goal of supporting a maiden inferred resource by early 2025 [5][6].