Fortuna Submits Exploitation Permit Application for the Diamba Sud Gold Project, Senegal
FortunaFortuna(US:FSM) Globenewswire·2026-02-10 10:00

Core Viewpoint - Fortuna Mining Corp. has submitted an application for an exploitation permit for the Diamba Sud Gold Project, indicating progress in its development strategy [1][2]. Group 1: Project Development - The company is advancing early works and engineering at Diamba Sud, including site preparation and detailed engineering programs aimed at de-risking critical path activities [2]. - An updated Mineral Resource estimate for Diamba Sud is expected to be published by the end of February 2026, which will inform the estimation of Mineral Reserves for the feasibility study [2]. - A construction decision for the project is targeted for mid-2026, contingent upon receiving all necessary permits [2]. Group 2: Economic Assessment - The Preliminary Economic Assessment (PEA) completed in October 2025 demonstrated robust project economics for Diamba Sud [2]. Group 3: Company Overview - Fortuna Mining Corp. is a Canadian precious metals mining company with three operating mines and exploration projects in Argentina, Côte d'Ivoire, Mexico, Peru, and the Diamba Sud Gold Project in Senegal [3]. - The company emphasizes sustainability in its operations and stakeholder relationships, focusing on efficient production, environmental stewardship, and social responsibility [3].