Skip to main content

Fortuna Intersects 23.7 g/t Gold over 17.8 Meters from the Kingfisher Prospect at the Seguela Mine

VANCOUVER, British Columbia, June 20, 2024 (GLOBE NEWSWIRE) -- Fortuna Silver Mines Inc. (NYSE: FSM | TSX: FVI) is pleased to provide an update on its exploration program at the Séguéla Mine in Côte d’Ivoire.

Séguéla exploration program highlights:

Kingfisher Prospect

SGDD133:

23.7 g/t Au over an estimated true width of 17.9 meters from 113 meters

SGRC1795:

6.0 g/t Au over an estimated true width of 11.9 meters from 23 meters

SGRC1833:

6.4 g/t Au over an estimated true width of 19.6 meters from 119 meters

SGRC1841:

2.3 g/t Au over an estimated true width of 28.1 meters from 156 meters

 

Badior Prospect

SGRC1955:

20.5 g/t Au over an estimated true width of 4.2 meters from 53 meters

SGRC1961:

16.2 g/t Au over an estimated true width of 5.6 meters from 53 meters

SGRC1967:

38.3 g/t Au over an estimated true width of 3.5 meters from 27 meters

SGRC1969:

15.7 g/t Au over an estimated true width of 10.5 meters from 132 meters

SGRC1971:

15.6 g/t Au over an estimated true width of 11.9 meters from 122 meters

 

Ancien Deposit

SGRD1892:

12.3 g/t Au over an estimated true width of 9.1 meters from 297 meters, including
53.6 g/t Au over an estimated true width of 1.4 meters from 297 meters

SGRD1894:

27.4 g/t Au over an estimated true width of 5.6 meters from 335 meters, including
209.0 g/t Au over an estimated true width of 0.7 meters from 335 meters

SGRD1895:

39.1 g/t Au over an estimated true width of 2.8 meters from 254 meters, including
49.2 g/t Au over an estimated true width of 2.1 meters from 254 meters

SGRD1890:

4.3 g/t Au over an estimated true width of 7.0 meters from 194 meters

 

 

Paul Weedon, Senior Vice President of Exploration at Fortuna, commented,

“The Kingfisher Prospect discovery, first announced in March 2024, has shown impressive growth with continuous drill defined mineralization now delineated along more than 1 kilometer of strike, with highlights including 23.7 g/t Au over an estimated true width of 17.9 meters from drill hole SGDD133, with mineralization remaining open along strike to the south and at depth.” Mr. Weedon continued, “In addition to the success at Kingfisher, infill and extension drilling at Badior has highlighted the high-grade potential of this prospect, exemplified by results such as 15.6 g/t Au over an estimated true width of 11.9 meters from drill hole SGRC1971.” Mr. Weedon concluded, “Results from deeper drilling at Ancien returned several high-grade intersections and continues to build underground mining opportunities at Séguéla.”

Séguéla Mine, Côte d’Ivoire

Kingfisher Prospect

Since the discovery announcement made earlier this year (refer to Fortuna news release dated March 11, 2024) an additional 5,423-meter, 40-hole program was completed at Kingfisher. Results defined continuous mineralization over more than 1-kilometer of strike and joined the previous central and northern lodes (refer to Figures 1, 2 and 3). Drilling continues, testing the depth potential along this zone, as well as progressively infilling the area between the southern and central lodes, which collectively form a strike extent of over 1.9 kilometers. Kingfisher remains open at depth for most of the drilled strike, with the deepest drilling only testing to approximately 200 meters below surface.

The additional drilling at Kingfisher has further refined the understanding of the mineralization controls, with a clear association identified along the strongly deformed contact zone between a series of felsic intrusives, quartz veining, and basaltic units. Mineralization is characterized by silica-biotite-sericite-carbonate alteration and pyrite development, within and adjacent to the quartz veining, similar to the Boulder and Agouti deposits, 1 to 3 kilometers further north in the same sequence.
  
Drilling is scheduled to continue throughout the second half of 2024 with the aim of expanding the strike and depth potential of Kingfisher to support a maiden resource estimate by early 2025.

Figure 1: Kingfisher’s location, approximately 1-kilometer east of Sunbird

image-20240620201303-1


Figure 2: Kingfisher prospect long section - looking west

image-20240620201303-2


Figure 3: Kingfisher prospect cross section: section line 892550 - looking north
image-20240620201303-3


Badior Prospect

At Badior, an additional 2,727-meter, 30-hole program was completed during 2024 (refer to Figures 4 and 5), to infill and test depth extensions to previous high-grade intersections (refer to Fortuna news release dated December 12, 2023). Drilling was successful in defining and extending the high-grade core with several intervals returning multiple counts of visible gold (>25 points) associated with quartz-pyrite veining and associated silica-biotite-sericite-carbonate alteration of the host basaltic units, with examples of corresponding grades including 38.3 g/t Au over an estimated true width of 3.5 meters from 27 meters in drill hole SGRC1967, 15.7 g/t Au over an estimated true width of 10.5 meters from 132 meters, including 73.5 g/t Au over 2.1 meters from 132 meters in drill hole SGRC1969, and 16.2 g/t Au over an estimated true width of 5.6 meters from 53 meters in drill hole SGRC1961.

Figure4: Badior long-section showing select recent results - looking west
image-20240620201303-4


Figure5: Badior cross section showing select recent results - looking north

image-20240620201303-5


Ancien Deposit

At Ancien, an additional 3,255-meter, 11-hole infill drill program was completed during the second quarter of 2024 to further refine the controls on the high-grade mineralized shoots at depth. This followed the previously reported results (refer to Fortuna news release dated December 12, 2023).

Results from this program will support an evaluation of the underground mining potential at the Ancien deposit and the wider Séguéla land package.

Refer to Appendix 1 for full details of the Séguéla drill holes and assay results.

Quality Assurance & Quality Control (QA - QC)

Séguéla Mine, Côte d’Ivoire

All drilling data completed by the Company utilized the following procedures and methodologies. All drilling was carried out under the supervision of the Company’s personnel.

All RC drilling used a 5.25-inch face sampling pneumatic hammer with samples collected into 60-liter plastic bags. Samples were kept dry by maintaining enough air pressure to exclude groundwater inflow. If water ingress exceeded the air pressure, RC drilling was stopped, and drilling converted to diamond core tails. Once collected, RC samples were riffle split through a three-tier splitter to yield a 12.5% representative sample for submission to the analytical laboratory. The residual 87.5% samples were stored at the drill site until assay results were received and validated. Coarse reject samples for all mineralized samples corresponding to significant intervals are retained and stored on-site at the Company-controlled core yard.

All diamond drilling (DD) drill holes were drilled with HQ sized diamond drill bits. The core was logged, marked up for sampling using standard lengths of one meter or to a geological boundary. Samples were then cut into equal halves using a diamond saw. One half of the core was left in the original core box and stored in a secure location at the Company core yard at the project site. The other half was sampled, catalogued, and placed into sealed bags and securely stored at the site until shipment.

All RC and DD core samples were shipped to ALS Laboratories’ preparation laboratory in Yamoussoukro for preparation and then, via commercial courier, to ALS’s facility in Ouagadougou, Burkina Faso for finishing. Routine gold analysis using a 50-gram charge and fire assay with an atomic absorption finish was completed for all samples. Quality control procedures included the systematic insertion of blanks, duplicates and sample standards into the sample stream. In addition, the ALS laboratory inserted its own quality control samples.

Qualified Person

Paul Weedon, Senior Vice President of Exploration for Fortuna Silver Mines Inc., is a Qualified Person as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects being a member of the Australian Institute of Geoscientists (Membership #6001). Mr. Weedon has reviewed and approved the scientific and technical information contained in this news release. Mr. Weedon has verified the data disclosed, including the sampling, analytical and test data underlying the information or opinions contained herein by reviewing geochemical and geological databases and reviewing diamond drill core.  There were no limitations to the verification process.

About Fortuna Silver Mines Inc.

Fortuna Silver Mines Inc. is a Canadian precious metals mining company with five operating mines in Argentina, Burkina Faso, Côte d’Ivoire, Mexico, and Peru. Sustainability is integral to all our operations and relationships. We produce gold and silver and generate shared value over the long-term for our stakeholders through efficient production, environmental protection, and social responsibility. For more information, please visit our website.

ON BEHALF OF THE BOARD

Jorge A. Ganoza
President, CEO, and Director
Fortuna Silver Mines Inc.

Investor Relations:

Carlos Baca | info@fortunasilver.com | www.fortunasilver.com | X | LinkedIn | YouTube
 

Forward-looking Statements

This news release contains forward-looking statements which constitute “forward-looking information” within the meaning of applicable Canadian securities legislation and “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995 (collectively, “Forward-looking Statements”). All statements included herein, other than statements of historical fact, are Forward-looking Statements and are subject to a variety of known and unknown risks and uncertainties which could cause actual events or results to differ materially from those reflected in the Forward-looking Statements. The Forward-looking Statements in this news release include, without limitation; statements regarding the exploration potential at Séguéla, the potential for the development of underground mining at Ancien; the Company’s plans to conduct further work at the Kingfisher prospect during 2024 and the expected timing of a maiden resource estimate; the Company’s business strategy, plans and outlook; the merit of the Company’s mines and mineral properties; mineral resource and reserve estimates; timelines; the future financial or operating performance of the Company; expenditures; approvals and other matters. Often, but not always, these Forward-looking Statements can be identified by the use of words such as “estimated”, “potential”, “open”, “future”, “assumed”, “projected”, “used”, “detailed”, “has been”, “gain”, “planned”, “reflecting”, “will”, “containing”, “remaining”, “to be”, or statements that events, “could” or “should” occur or be achieved and similar expressions, including negative variations. Forward-looking Statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any results, performance or achievements expressed or implied by the Forward-looking Statements. Such uncertainties and factors include, among others, changes in general economic conditions and financial markets; changes in prices for silver, gold and other metals; the timing and success of the Company’s proposed exploration programs; technological and operational hazards in Fortuna’s mining and mine development activities; risks inherent in mineral exploration; fluctuations in prices for energy, labor, materials, supplies and services; fluctuations in currencies; uncertainties inherent in the estimation of mineral reserves, mineral resources, and metal recoveries; the possibility that the appeal in respect of the ruling in favor of Compañia Minera Cuzcatlan S.A. de C.V. reinstating the environmental impact authorization at the San Jose Mine (the “EIA”) will be successful; the Company’s ability to obtain all necessary permits, licenses and regulatory approvals in a timely manner; governmental and other approvals; political unrest or instability in countries where Fortuna is active; labor relations issues; as well as those factors discussed under “Risk Factors” in the Company's Annual Information Form for the financial year ended December 31, 2023. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in Forward-looking Statements, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. Forward-looking Statements contained herein are based on the assumptions, beliefs, expectations and opinions of management, including but not limited to expectations regarding the results from the exploration programs conducted at the Company’s mineral properties ; expected trends in mineral prices and currency exchange rates; the accuracy of the Company’s information derived from its exploration programs at the Company’s mineral properties; current mineral resource and reserve estimates; the presence and continuity of mineralization at the Company’s properties; that the Company’s activities will be in accordance with the Company’s public statements and stated goals; that there will be no material adverse change affecting the Company or its properties; that the appeal filed in the Mexican Collegiate Court challenging the reinstatement of the EIA will be unsuccessful; that all required approvals will be obtained; that there will be no significant disruptions affecting operations and such other assumptions as set out herein. Forward-looking Statements are made as of the date hereof and the Company disclaims any obligation to update any Forward-looking Statements, whether as a result of new information, future events or results or otherwise, except as required by law. There can be no assurance that Forward-looking Statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, investors should not place undue reliance on Forward-looking Statements.

Cautionary Note to United States Investors Concerning Estimates of Reserves and Resources

Reserve and resource estimates included in this news release have been prepared in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects ("NI 43-101") and the Canadian Institute of Mining, Metallurgy, and Petroleum Definition Standards on Mineral Resources and Mineral Reserves. NI 43-101 is a rule developed by the Canadian Securities Administrators that establishes standards for public disclosure by a Canadian company of scientific and technical information concerning mineral projects. Unless otherwise indicated, all mineral reserve and mineral resource estimates contained in the technical disclosure have been prepared in accordance with NI 43-101 and the Canadian Institute of Mining, Metallurgy and Petroleum Definition Standards on Mineral Resources and Reserves. Canadian standards, including NI 43-101, differ significantly from the requirements of the Securities and Exchange Commission, and mineral reserve and resource information included in this news release may not be comparable to similar information disclosed by U.S. companies.

Appendix 1: Séguéla Mine, Côte d’Ivoire

HoleID

Easting
(WGS84_29N)

Northing
(WGS84_29N)

Elev
(m)

EOH1
Depth
(m)

UTM
Azimuth

Dip

Depth
From

(m)

Depth To
(m)

Drilled
Width

(m)

ETW3
(m)

Au
(ppm)

Hole
Type

Area

 

 

 

 

 

 

 

 

 

 

 

 

 

 

SGDD132

743881

892798

403

117.8

90

-60

76

80

4

3.4

4.1

DD

Kingfisher

 

 

 

 

 

 

 

90

96

6

5.1

0.9

DD

Kingfisher

SGDD133

743830

892799

408

177.3

90

-60

113

134

21

17.8

23.7

DD

Kingfisher

 

 

 

 

 

 

Incl

120

121

1

0.9

29.4

DD

Kingfisher

 

 

 

 

 

 

And

129

130

1

0.9

440.0

DD

Kingfisher

SGDD134

743700

892800

416

238.3

90

-60

163

203

40

34.0

1.4

DD

Kingfisher

 

 

 

 

 

 

 

226

227

1

0.9

17.1

DD

Kingfisher

SGRC1765

743705

892706

418

176

90

-60

141

170

29

24.7

2.3

RC

Kingfisher

 

 

 

 

 

 

Incl

167

168

1

0.9

15.9

RC

Kingfisher

 

 

 

 

 

 

And

169

170

1

0.9

24.7

RC

Kingfisher

SGRC1790

743920

893248

415

100

90

-60

NSI

 

 

 

 

RC

Kingfisher

SGRC1791

743876

893150

413

112

90

-60

NSI

 

 

 

 

RC

Kingfisher

SGRC1792

743911

893150

406

60

90

-60

NSI

 

 

 

 

RC

Kingfisher

SGRC1793

743881

893053

406

66

90

-60

41

44

3

2.6

1.9

RC

Kingfisher

SGRC1794

743849

893053

408

110

90

-60

NSI

 

 

 

 

RC

Kingfisher

SGRC1795

743863

892955

403

45

90

-60

23

37

14

11.9

6.0

RC

Kingfisher

 

 

 

 

 

 

Incl

26

27

1

0.9

23.6

RC

Kingfisher

 

 

 

 

 

 

And

28

29

1

0.9

49.9

RC

Kingfisher

SGRC1796

743829

892955

408

95

90

-60

NSI

 

 

 

 

RC

Kingfisher

SGRC1797

743835

892858

415

42

90

-60

14

27

13

11.1

1.0

RC

Kingfisher

SGRC1798

743805

892858

416

108

90

-60

46

54

8

6.8

1.2

RC

Kingfisher

 

 

 

 

 

 

 

58

62

4

3.4

1.5

RC

Kingfisher

 

 

 

 

 

 

 

85

100

15

12.8

2.5

RC

Kingfisher

 

 

 

 

 

 

Incl

90

91

1

0.9

19.1

RC

Kingfisher

SGRC1799

743775

892858

417

137

90

-60

85

87

2

1.7

2.5

RC

Kingfisher

 

 

 

 

 

 

 

116

130

14

11.9

1.0

RC

Kingfisher

SGRC1830

743807

892750

403

56

90

-60

17

29

12

10.2

1.2

RC

Kingfisher

 

 

 

 

 

 

 

43

52

9

7.7

0.7

RC

Kingfisher

SGRC1831

743773

892750

407

114

90

-60

57

58

1

0.9

5.0

RC

Kingfisher

 

 

 

 

 

 

 

67

107

40

34.0

2.0

RC

Kingfisher

 

 

 

 

 

 

Incl

103

104

1

0.9

23.9

RC

Kingfisher

SGRC1832

743780

892650

405

60

90

-60

35

45

10

8.5

3.6

RC

Kingfisher

 

 

 

 

 

 

Incl

39

40

1

0.9

18.9

RC

Kingfisher

SGRD1833

743710

892650

419

181.9

90

-60

119

142

23

19.6

6.4

RCD

Kingfisher

 

 

 

 

 

 

Incl

139

141

2

1.7

49.3

RCD

Kingfisher

 

 

 

 

 

 

 

148

164

16

13.6

1.2

RCD

Kingfisher

SGRC1834

743745

892550

404

51

90

-60

26

47

21

17.9

1.0

RC

Kingfisher

SGRC1835

743711

892550

412

114

90

-60

67

83

16

13.6

1.6

RC

Kingfisher

 

 

 

 

 

 

Incl

81

82

1

0.9

10.4

RC

Kingfisher

 

 

 

 

 

 

 

100

107

7

6.0

1.0

RC

Kingfisher

SGRC1836

743720

892450

403

71

90

-60

41

68

27

23.0

2.1

RC

Kingfisher

 

 

 

 

 

 

Incl

60

61

1

0.9

10.4

RC

Kingfisher

SGRC1837

743687

892450

406

133

90

-60

65

69

4

3.4

1.6

RC

Kingfisher

 

 

 

 

 

 

 

112

124

12

10.2

1.2

RC

Kingfisher

SGRC1838

743654

892450

412

162

90

-60

94

96

2

1.7

3.3

RC

Kingfisher

 

 

 

 

 

 

 

117

132

15

12.8

1.4

RC

Kingfisher

 

 

 

 

 

 

 

136

144

8

6.8

0.7

RC

Kingfisher

 

 

 

 

 

 

 

148

154

6

5.1

1.3

RC

Kingfisher

SGRD1839

743650

892700

433

260.1

90

-60

238

241

3

2.6

3.8

RCD

Kingfisher

SGRD1840

743650

892800

425

310.8

90

-60

220

242

22

18.7

1.4

RCD

Kingfisher

 

 

 

 

 

 

 

248

269

21

17.9

1.6

RCD

Kingfisher

 

 

 

 

 

 

 

279

282

3

2.6

17.1

RCD

Kingfisher

 

 

 

 

 

 

Incl

280

282

2

1.7

25.0

RCD

Kingfisher

SGRD1841

743667

892650

428

242.9

90

-60

156

189

33

28.1

2.3

RCD

Kingfisher

 

 

 

 

 

 

Incl

159

161

2

1.7

17.2

RCD

Kingfisher

 

 

 

 

 

 

 

201

204

3

2.6

3.9

RCD

Kingfisher

SGRD1842

743706

892750

421

228

90

-60

151

164

13

11.1

0.8

RCD

Kingfisher

 

 

 

 

 

 

 

168

183

15

12.8

0.9

RCD

Kingfisher

SGRD1843

743649

892550

422

210

90

-60

136

165

29

24.7

2.2

RCD

Kingfisher

 

 

 

 

 

 

Incl

149

150

1

0.9

21.0

RCD

Kingfisher

 

 

 

 

 

 

And

160

161

1

0.9

13.5

RCD

Kingfisher

 

 

 

 

 

 

 

184

188

4

3.4

1.3

RCD

Kingfisher

SGRD1845

743616

892450

420

230

90

-60

147

157

10

8.5

0.6

RCD

Kingfisher

 

 

 

 

 

 

 

170

180

10

8.5

0.9

RCD

Kingfisher

SGRC1846

743702

892394

403

96

90

-60

49

58

9

7.7

1.0

RC

Kingfisher

 

 

 

 

 

 

 

63

86

23

19.6

2.1

RC

Kingfisher

 

 

 

 

 

 

Incl

78

79

1

0.9

12.1

RC

Kingfisher

SGRC1847

743673

892394

406

110

90

-60

54

57

3

2.6

2.1

RC

Kingfisher

 

 

 

 

 

 

 

74

80

6

5.1

0.9

RC

Kingfisher

 

 

 

 

 

 

 

84

95

11

9.4

1.4

RC

Kingfisher

 

 

 

 

 

 

 

102

107

5

4.3

1.3

RC

Kingfisher

SGRC1848

743638

892394

410

162

90

-60

88

97

9

7.7

2.9

RC

Kingfisher

 

 

 

 

 

 

Incl

92

93

1

0.9

14.4

RC

Kingfisher

 

 

 

 

 

 

 

135

144

9

7.7

1.5

RC

Kingfisher

SGRC1849

743711

892199

403

60

90

-60

3

26

23

19.6

1.7

RC

Kingfisher

SGRC1850

743667

892201

406

101

90

-60

45

90

45

38.3

2.6

RC

Kingfisher

 

 

 

 

 

 

Incl

64

65

1

0.9

15.0

RC

Kingfisher

 

 

 

 

 

 

And

67

68

1

0.9

13.1

RC

Kingfisher

SGRD1851

743625

892090

428

140

90

-60

96

110

14

11.9

1.0

RCD

Kingfisher

SGRC1852

743677

892000

431

54

90

-60

0

12

12

10.2

0.9

RC

Kingfisher

SGRC1853

743647

892000

433

120

90

-60

NSI

 

 

 

 

RC

Kingfisher

SGRD1854

743636

892589

430

240

90

-60

168

180

12

10.2

5.2

RCD

Kingfisher

 

 

 

 

 

 

Incl

170

171

1

0.9

50.2

RCD

Kingfisher

 

 

 

 

 

 

 

185

209

24

20.4

0.8

RCD

Kingfisher

SGRC1856

743745

892858

417

180

90

-60

142

147

5

4.3

1.8

RC

Kingfisher

SGRC1857

743781

892907

423

151

90

-60

NSI

 

 

 

 

RC

Kingfisher

 

SGRC1951

743048

901775

408

30

270

-55

NSI

 

 

 

 

RC

Badior

SGRC1952

743066

901775

408

60

270

-55

47

57

10

7.0

3.2

RC

Badior

SGRC1953

743083

901775

408

90

270

-55

74

78

4

2.8

13.3

RC

Badior

 

 

 

 

 

 

Incl

74

76

2

1.4

25.3

RC

Badior

 

 

 

 

 

 

 

86

98

12

8.4

1.8

RC

Badior

SGRC1954

743047

901724

409

30

270

-55

NSI

 

 

 

 

RC

Badior

SGRC1955

743063

901724

408

60

270

-55

53

59

6

4.2

20.5

RC

Badior

 

 

 

 

 

 

Incl

54

55

1

0.7

57.7

RC

Badior

 

 

 

 

 

 

And

56

57

1

0.7

47.1

RC

Badior

SGRC1956

743048

901750

408

40

270

-55

NSI

 

 

 

 

RC

Badior

SGRC1957

743074

901750

408

90

270

-55

71

72

1

0.7

7.4

RC

Badior

SGRC1958

743049

901800

408

30

270

-55

NSI

 

 

 

 

RC

Badior

SGRC1959

743050

901828

408

30

270

-55

NSI

 

 

 

 

RC

Badior

SGRC1960

743067

901828

409

70

270

-55

NSI

 

 

 

 

RC

Badior

SGRC1961

743084

901828

408

100

270

-55

53

61

8

5.6

16.2

RC

Badior

 

 

 

 

 

 

Incl

53

57

4

2.8

25.5

RC

Badior

 

 

 

 

 

 

And

60

61

1

0.7

17.8

RC

Badior

 

 

 

 

 

 

 

67

73

6

4.2

9.9

RC

Badior

 

 

 

 

 

 

Incl

68

69

1

0.7

53.1

RC

Badior

SGRC1962

743101

901828

409

130

270

-55

79

90

11

7.7

7.6

RC

Badior

 

 

 

 

 

 

Incl

82

83

1

0.7

16.8

RC

Badior

 

 

 

 

 

 

And

86

88

2

1.4

25.7

RC

Badior

SGRC1963

743077

901853

407

60

270

-55

NSI

 

 

 

 

RC

Badior

SGRC1964

743111

901853

409

120

270

-55

86

90

4

2.8

3.1

RC

Badior

SGRC1965

743051

901880

409

30

270

-55

NSI

 

 

 

 

RC

Badior

SGRC1966

743068

901880

407

60

270

-55

NSI

 

 

 

 

RC

Badior

SGRC1967

743084

901880

406

90

270

-55

27

32

5

3.5

38.3

RC

Badior

 

 

 

 

 

 

Incl

28

31

3

2.1

63.0

RC

Badior

SGRC1968

743101

901880

408

120

270

-55

51

52

1

0.7

9.6

RC

Badior

 

 

 

 

 

 

 

63

69

6

4.2

3.6

RC

Badior

SGRC1969

743118

901880

408

150

270

-55

112

123

11

7.7

3.1

RC

Badior

 

 

 

 

 

 

Incl

118

119

1

0.7

15.2

RC

Badior

 

 

 

 

 

 

 

132

147

15

10.5

15.7

RC

Badior

 

 

 

 

 

 

Incl

132

135

3

2.1

73.5

RC

Badior

SGRC1970

743079

901909

402

100

270

-55

0

14

14

9.8

3.2

RC

Badior

SGRC1971

743123

901909

408

160

270

-55

89

91

2

1.4

11.9

RC

Badior

 

 

 

 

 

 

Incl

90

91

1

0.7

22.9

RC

Badior

 

 

 

 

 

 

 

110

116

6

4.2

1.2

RC

Badior

 

 

 

 

 

 

 

122

139

17

11.9

15.6

RC

Badior

 

 

 

 

 

 

Incl

123

124

1

0.7

106.5

RC

Badior

 

 

 

 

 

 

And

128

131

3

2.1

27.7

RC

Badior

 

 

 

 

 

 

And

133

134

1

0.7

19.4

RC

Badior

 

 

 

 

 

 

And

135

136

1

0.7

26.1

RC

Badior

SGRC1972

743099

901928

406

120

270

-55

22

28

6

4.2

2.2

RC

Badior

 

 

 

 

 

 

 

34

35

1

0.7

5.1

RC

Badior

SGRC1973

743116

901928

407

150

270

-55

53

61

8

5.6

9.0

RC

Badior

 

 

 

 

 

 

Incl

54

55

1

0.7

23.0

RC

Badior

 

 

 

 

 

 

And

59

61

2

1.4

18.1

RC

Badior

 

 

 

 

 

 

 

115

119

4

2.8

3.6

RC

Badior

 

 

 

 

 

 

Incl

144

145

1

0.7

14.9

RC

Badior

SGRC1974

743134

901928

408

187

270

-55

83

87

4

2.8

9.1

RC

Badior

 

 

 

 

 

 

Incl

86

87

1

0.7

28.5

RC

Badior

 

 

 

 

 

 

 

100

106

6

4.2

1.0

RC

Badior

 

 

 

 

 

 

 

125

132

7

4.9

0.8

RC

Badior

SGRC1975

743140

901954

407

163

270

-55

104

111

7

4.9

5.6

RC

Badior

 

 

 

 

 

 

Incl

105

106

1

0.7

30.3

RC

Badior

SGRC1976

743048

901975

407

30

270

-55

NSI

 

 

 

 

RC

Badior

SGRC1977

743064

901975

406

60

270

-55

NSI

 

 

 

 

RC

Badior

SGRC1978

743083

901975

405

97

270

-55

NSI

 

 

 

 

RC

Badior

SGRC1979

743100

901975

404

120

270

-55

NSI

 

 

 

 

RC

Badior

SGRC1980

743117

901975

405

150

270

-55

39

43

4

2.8

1.3

RC

Badior

 

SGRD1890

743330

888568

367

220.3

277

-55

194

204

10

7.0

4.3

RCD

Ancien

 

 

 

 

 

 

Incl

202

203

1

0.7

18.5

RCD

Ancien

SGRD1891

743383

888459

370

340.3

277

-55

284

291

7

4.9

0.8

RCD

Ancien

SGRD1892

743340

888388

373

327

277

-55

297

310

13

9.1

12.3

RCD

Ancien

 

 

 

 

 

 

Incl

297

299

2

1.4

53.6

RCD

Ancien

 

 

 

 

 

 

And

307

308

1

0.7

38.4

RCD

Ancien

SGRD1893

743368

888384

373

350

277

-55

303

314

11

7.7

0.7

RCD

Ancien

 

 

 

 

 

 

 

334

342

8

5.6

0.7

RCD

Ancien

SGRD1894

743358

888337

373

350.3

277

-55

335

343

8

5.6

27.4

RCD

Ancien

 

 

 

 

 

 

Incl

335

336

1

0.7

209.0

RCD

Ancien

SGRD1895

743282

888372

373

270

277

-55

233

234

1

0.7

6.5

RCD

Ancien

 

 

 

 

 

 

 

239

241

2

1.4

5.0

RCD

Ancien

 

 

 

 

 

 

 

254

258

4

2.8

39.1

RCD

Ancien

 

 

 

 

 

 

Incl

254

257

3

2.1

49.2

RCD

Ancien

SGRD1896

743385

888358

372

370.4

277

-55

356

368

12

8.4

0.6

RCD

Ancien

SGRC1897

743278

888326

375

61

277

-55

Not Sampled

 

abandoned

RC

Ancien

 

 

SGRD1898

743278

888326

375

280

277

-55

260

270

10

7.0

2.7

RCD

Ancien

SGRD1899

743340

888365

374

340.2

277

-55

303

309

6

4.2

2.9

RCD

Ancien

 

 

 

 

 

 

Incl

308

309

1

0.7

13.4

RCD

Ancien

 

 

 

 

 

 

 

315

316

1

0.7

5.0

RCD

Ancien

SGRD1900

743376

888422

371

345

277

-55

273

275

2

1.4

4.8

RCD

Ancien

 

 

 

 

 

 

 

295

306

11

7.7

1.0

RCD

Ancien


Notes:

  1. EOH: End of hole
  2. NSI: No significant intercepts
  3. ETW: Estimated true width
  4. Depths and widths reported to nearest significant decimal place
  5. DD: diamond drilling tail | RC: reverse circulation drilling | RCD: reverse circulation drilling with diamond tail


A PDF accompanying this announcement is available at http://ml.globenewswire.com/Resource/Download/19283803-2652-4911-939a-3b1b6a579045

Photos accompanying this announcement are available at:

https://www.globenewswire.com/NewsRoom/AttachmentNg/aa86e5fd-35c7-4e5b-8c13-0a2814a44aca

https://www.globenewswire.com/NewsRoom/AttachmentNg/78d95528-e360-4966-bd9f-e6ad4738a485

https://www.globenewswire.com/NewsRoom/AttachmentNg/d97ce61e-260f-436a-800b-9e097d96d08b

https://www.globenewswire.com/NewsRoom/AttachmentNg/d27670ee-254f-4993-beca-af26e97685df

https://www.globenewswire.com/NewsRoom/AttachmentNg/3aca221b-aab3-4be2-9698-77a910a55903

image-20240620201303-6image-20240620201303-7

Figure 1

image-20240620201303-9

Kingfisher’s location, approximately 1-kilometer east of Sunbird

Figure 2

image-20240620201303-10

Kingfisher prospect long section - looking west

Figure 3

image-20240620201303-11

Kingfisher prospect cross section: section line 892550 - looking north

Figure 4

image-20240620201303-12

Badior long-section showing select recent results - looking west

Figure 5

image-20240620201303-13

Badior cross section showing select recent results - looking north

 

About the author

Average: 5 (1 vote)

Newsletter Signup

GoldSeek Free Newsletters
GoldSeek Daily Edition
Gold & Silver Seeker Report
Gold Seek -- Peter Spina