Fortuna delivers production of 71,229 gold equivalent ounces from ongoing operations for the second quarter of 2025

Core Viewpoint - Fortuna Mining Corp. reported its production results for Q2 2025, highlighting a total consolidated gold equivalent ounces (GEO) production of 75,950 ounces, with ongoing operations contributing 71,229 ounces, and reaffirmed its annual production guidance for 2025 in the range of 309,000 to 339,000 GEO [3][4][6]. Production Highlights - Total consolidated GEO production for the first half of 2025 reached 179,409 ounces, including by-product credits from lead and zinc [3]. - Ongoing operations produced 71,229 ounces in Q2 2025, slightly up from 70,386 ounces in Q1 2025 [4]. - The Séguéla Mine in Côte d'Ivoire produced 38,186 ounces of gold in Q2 2025, with a gold grade of 3.00 g/t, while Lindero Mine in Argentina produced 23,550 ounces, and Caylloma Mine in Peru produced 9,493 ounces of gold equivalent [4][11][18]. Mine-Specific Performance - Séguéla Mine: - Produced 38,186 ounces of gold in Q2 2025, with a slight decrease in production but an increase in grade compared to Q1 2025 [7]. - Year-to-date production reached 76,686 ounces, aligning with the upper end of annual guidance [8]. - Yaramoko Mine: - The mine was sold in May 2025, with Q2 production of 4,721 ounces, significantly down from 33,073 ounces in Q1 2025 [9][10]. - Lindero Mine: - Produced 23,550 ounces in Q2 2025, a 16% increase from Q1 2025, driven by higher gold grades and increased ore placement [13]. - Year-to-date production totaled 43,870 ounces [15]. - Caylloma Mine: - Produced 240,621 ounces of silver and 9,493 GEO in Q2 2025, maintaining consistent production levels [16][18]. Operational Efficiency - The Lindero Mine's photovoltaic plant generated 1 million kWh in June 2025, supplying 26% of its power demand and eliminating the need for 286,300 liters of diesel, contributing to cost efficiency and reduced emissions [14]. - The crushing plant capacity at Lindero was enhanced, achieving an average throughput of 1,050 tonnes per hour in Q2 2025, which is 11% above the 2024 average [15].