Fortuna(FSM) Newsfilter·2024-12-16 10:00Core Insights - Fortuna Mining Corp. has provided an update on its exploration program at the Séguéla Mine in Côte d'Ivoire, highlighting significant drilling results and the potential for resource expansion [1][2]. Drilling Results - At the Kingfisher deposit, recent drilling has intersected notable gold grades, including 15.3 meters averaging 4.1 g/t Au and 17 meters averaging 3.3 g/t Au, located approximately 150 meters from the previously reported Inferred Resource of 294,000 ounces averaging 2.3 g/t Au [2][3]. - The Sunbird deposit has also shown promising results, with high-grade intersections such as 20.4 g/t Au over an estimated true width of 19.6 meters [7][8]. Exploration Program - A total of 58 holes, amounting to 11,103 meters, have been drilled at the Kingfisher deposit since early September 2024, with ongoing drilling expected to continue into the second quarter of 2025 [3][5]. - The Sunbird deposit has received results from 24 holes totaling 9,065 meters of a planned 12,000-meter drilling program, indicating the potential for further resource definition and underground mining evaluation [7][9]. Geological Insights - Mineralization at the Kingfisher deposit is associated with a deformed contact zone between felsic intrusives and basaltic units, with a notable change in strike orientation correlating with higher-grade mineralization intervals [4]. - The mineralization remains open at depth, with significant potential for further exploration below the current drilling limits [8][9]. Future Plans - The company plans to continue drilling into the first half of 2025 to support an updated resource model and underground mining studies at both the Kingfisher and Sunbird deposits [9][5].