Fortuna(US:FSM) Globenewswire·2025-10-08 09:00Core Insights - Fortuna Mining Corp. reported its production results for Q3 2025, maintaining its annual production guidance of 309,000 to 339,000 gold equivalent ounces (GEO) for the year [2][3]. Production Results - Total GEO production for Q3 2025 was 72,462 ounces, slightly down from 73,123 ounces in Q3 2024 and up from 71,229 ounces in Q2 2025 [6]. - The total production for the first nine months of 2025 reached 251,871 ounces, including contributions from the divested Yaramoko Mine [3][6]. Mine Performance Séguéla Mine, Côte d'Ivoire - Produced 38,799 ounces of gold in Q3 2025, a 1% increase from Q2 2025 [4][8]. - The mine milled 435,770 tonnes of ore at an average grade of 3.01 g/t Au, with a gold recovery rate of 91.4% [4][8]. - Year-to-date production reached 115,484 ounces, on track to exceed the upper end of guidance [4][8]. Lindero Mine, Argentina - Achieved the highest quarterly production of the year with 24,417 ounces of gold in Q3 2025, a 4% increase from Q2 2025 [9][10]. - The mine placed 1.70 million tonnes of ore on the leach pad at an average grade of 0.60 g/t Au [9][10]. - Total production for the first nine months of 2025 was 68,288 ounces [12]. Caylloma Mine, Peru - Produced 9,246 GEO in Q3 2025, with silver production at 233,612 ounces and lead and zinc production at 8.5 million and 12.0 million pounds, respectively [13][16]. - The mine milled 140,523 tonnes of ore with a silver grade of 63 g/t and a lead grade of 3.01% [13][15]. - Year-to-date GEO production totaled 30,305 ounces [18]. Project Updates - The company received permit approvals for several satellite open pits, with mining preparation for the Sunbird open pit set to begin in Q4 2025 [5]. - Successful exploration at the Sunbird underground project and Kingfisher Deposit is expected to optimize the mine plan further [7]. Operational Efficiency - The Séguéla Mine's strip ratio was reported at 16.3:1, indicating a focus on reducing surface stockpiles [4]. - Lindero's optimization of the crushing circuit led to an average throughput of 1,061 tonnes per hour, 8% above the 2024 average [10][11]. Sustainability and Future Plans - The expansion of the tailings storage facility at Lindero is expected to provide capacity until August 2029 [11]. - The company is also progressing on the construction of a solar power plant to enhance sustainability [11].