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Fortuna Mining Reports Intersections from Prospects at Diamba Sud Gold Project in Senegal
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Fortuna Mining Reports Intersections from Prospects at Diamba Sud Gold Project in Senegal
Jun 25, 2024 3:50 AM

06:39 AM EDT, 06/25/2024 (MT Newswires) -- Fortuna Mining ( FSM ) on Tuesday provided an update on its exploration programs at the Diamba Sud gold project in Senegal, with drilling at the Karakara prospect continuing to define additional mineralization beyond the historic pit.

Highlights of the results include 31.3 grams per tonne (g/t) gold over 12 meters from the Karakara prospect, 2.9 g/t gold over 15.3 meters from the Kassasoko prospect and 8.6 g/t gold over 11.9 meters at the Western Splay prospect.

The focus of drilling at Diamba Sud has moved to testing and upgrading several key high priority satellite prospects, including Western Splay and Kassasoko, as well as further work to improve the definition and understanding of the mineralization controls at Bougouda and Karakara.

Results from this program will be incorporated into ongoing project development work, with the results from Western Splay and Kassasoko expected to contribute toward growing the project portfolio and resource base, the company said.

"These prospects represent new opportunities for additional ounces and continue to highlight the prospectivity of the wider Diamba Sud gold project," said Paul Weedon, senior vice president of exploration at Fortuna.

Fortuna's share price at last look gained 2.2% to US$5.04 in U.S. pre-market trading on Monday.

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