Core Insights - Fortuna Mining Corp. has filed an Environmental and Social Impact Assessment (ESIA) for the Diamba Sud Gold Project, marking a significant milestone in the permitting process and demonstrating the company's commitment to advancing the project towards a construction decision in the first half of 2026 [1][2] Environmental and Social Impact Assessment - The ESIA submission is essential for obtaining an environmental permit, which is part of the overall permitting process for project development [4] - The ESIA addresses key environmental and social considerations related to the Diamba Sud project, including public consultation and proposed mitigation plans [6][7] Preliminary Economic Assessment (PEA) Status - Fortuna is progressing with the PEA for Diamba Sud, which will provide insights into the project's potential economics and development alternatives, with completion expected in early Q4 2025 [4][6] - A Definitive Feasibility Study (DFS) will follow the PEA in the first half of 2026, incorporating results from the ESIA and ongoing drilling activities [4][6] Drilling Program Update - The company has completed a total of 52,110 meters of drilling in 2025, focusing on resource expansion, infill drilling, and testing new targets identified through recent surveys [5][6] - The drilling program has led to a mineral resource expansion of 53% in Measured and Indicated categories and 93% in Inferred categories [6] - Drilling is set to resume in October after the rainy season, with plans to continue until year-end [6][8] Community and Stakeholder Engagement - The company emphasizes regular engagement with local communities and stakeholders to integrate feedback into project design and planning [7] - Environmental and social management plans are in place to mitigate impacts and enhance local benefits, including various community programs [7]
Fortuna Files Environmental and Social Impact Assessment for the Diamba Sud Gold Project in Senegal and provides update on Preliminary Economic Assessment status