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Fortuna Intersects 31.3 g/t Gold over 12.0 Meters from the Karakara Prospect at the Diamba Sud Gold Project

VANCOUVER, British Columbia, June 25, 2024 (GLOBE NEWSWIRE) -- Fortuna Mining Corp. (NYSE: FSM | TSX: FVI) is pleased to provide an update on its exploration programs at the Diamba Sud Gold Project in Senegal.

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

“Drilling at Karakara continues to improve our understanding of the prospect’s potential, returning several high-grade intercepts including a highlight intersection of 31.3 g/t Au over an estimated true width of 12.0 meters in drill hole DSDD243. The exploration team is looking forward to utilizing the improved understanding of the geological controls on gold mineralization to further advance the regional exploration programs.”

Mr. Weedon concluded,

“Our focus has now moved towards progressing some of the many satellite opportunities at Diamba Sud, with highly encouraging, early-stage results such as 8.9 g/t Au over an estimated true width of 27.7 meters returned from drill hole DSR680 at Western Splay, and 2.9 g/t Au over an estimated true width of 15.3 meters returned from drill hole DSDD262 at Kassasoko. These prospects represent new opportunities for additional ounces and continue to highlight the prospectivity of the wider Diamba Sud Gold Project.”

Diamba Sud Gold Project, Senegal

Drilling at Diamba Sud has continued with the focus moving to testing and upgrading several key high priority satellite prospects (refer to Figure 1), including Western Splay and Kassasoko, as well as further work to improve the definition and understanding of the mineralization controls at Bougouda and Karakara. An additional 20,665-meter, 159-hole program has been completed at Diamba Sud since March 2024 (refer to Fortuna news release dated March 11, 2024).

Results from this program will be incorporated into the ongoing project development work, with the encouraging results from Western Splay and Kassasoko expected to contribute toward growing the project portfolio and resource base, while also improving confidence in the regional geological understanding. With the tempo of drilling planned to slow across the forthcoming rainy season, the exploration team will continue to review and fine-tune the geological controls on mineralization.

Figure1: Diamba Sud Gold Project location plan

image-20240625182953-1

Karakara Prospect

Infill and extension drilling at Karakara continued to define additional mineralization beyond the historic pit design, while also providing confirmatory data to help validate previous geological interpretations.


Karakara drilling highlights include:

DSDD223:

4.6 g/t Au

 over an estimated true width of 8.2 meters from 139 meters

DSDD229:

7.0 g/t Au
23.7 g/t Au

 over an estimated true width of 7.2 meters from 141 meters
 over an estimated true width of 1.6 meters from 157 meters

DSDD238:

4.3 g/t Au

 over an estimated true width of 10.4 meters from 120 meters

DSDD243:

31.3 g/t Au
87.0 g/t Au
11.1 g/t Au
1.8 g/t Au

 over an estimated true width of 12.0 meters from 24 meters, including
 over an estimated true width of 4.0 meters from 28 meters, and
 over an estimated true width of 1.6 meters from 34 meters
 over an estimated true width of 8.0 meters from 85 meters

DSDD246:

4.6 g/t Au

 over an estimated true width of 10.8 meters from 128.5 meters

DSDD217:

1.6 g/t Au
1.1 g/t Au
9.6 g/t Au

 over an estimated true width of 7.6 meters from 50.5 meters
 over an estimated true width of 6.3 meters from 79.6 meters
 over an estimated true width of 3.2 meters from 117 meters

DSDD219:

1.8 g/t Au

 over an estimated true width of 10.4 meters from 112 meters

DSDD292:

6.3 g/t Au

 over an estimated true width of 5.9 meters from 44 meters

 

 

 

An updated interpretation supported by further drilling will take place during the third quarter of 2024 to further refine the controls on mineralization, the association with the nearby Area D and the Moungoundi to Southern Arc prospects (refer to Figure 2).

Figure2: Karakara cross-section showing select results - looking north

image-20240625182953-2

Kassasoko Prospect

Drilling at Kassasoko, located approximately 1-kilometer to the southeast of Western Splay, was successful in intersecting several broad zones of mineralization. Drilling highlights include:

DSDD262:

2.9 g/t Au

 over an estimated true width of 15.3 meters from 28.2 meters

DSR685:

1.3 g/t Au

 over an estimated true width of 16.8 meters from 108 meters

DSR686

2.5 g/t Au
1.1g/t Au

 over an estimated true width of 7.7 meters from 19 meters, and
 over an estimated true width of 11.9 meters from 116 meters

 

 

 

In comparison to mineralization elsewhere at Diamba Sud, mineralization at Kassasoko is hosted within a granitic unit and in close proximity to a series of dioritic intrusives (refer to Figure 3). Exploration work is continuing.

Figure 3: Kassasoko cross-section showing select results - looking northeast

image-20240625182953-3

Western Splay drilling highlights include:

DSDD232:

8.6 g/t Au

 over an estimated true width of 11.9 meters from 132 meters

DSDD275:

12.8 g/t Au

 over an estimated true width of 8.2 meters from 114.7 meters

DSR679:

8.8 g/t Au
6.1 g/t Au

 over an estimated true width of 4.0 meters from 7 meters, and
 over an estimated true width of 6.9 meters from 47 meters

DSR680:

8.9 g/t Au

 over an estimated true width of 27.7 meters from 104 meters

DSDD245:

2.8 g/t Au
1.3 g/t Au
1.4 g/t Au

 over an estimated true width of 12.9 meters from 11 meters, and
 over an estimated true width of 5.0 meters from 30 meters, and
 over an estimated true width of 7.3 meters from 53 meters

DSDD248:

4.8 g/t Au
3.0 g/t Au
2.1 g/t Au
3.4 g/t Au

 over an estimated true width of 7.9 meters from 19 meters, and
 over an estimated true width of 4.0 meters from 31 meters, and
 over an estimated true width of 17.8 meters from 59 meters, and
 over an estimated true width of 5.9 meters from 83 meters

DSDD293:

6.9 g/t Au

 over an estimated true width of 33.3 meters from 115.4 meters

 

 

 

Drilling continues, extending further to the south to test below an active artisanal area, with the objective of increasing the prospect footprint, as well as improving the geological interpretation of the wider southern area of Diamba Sud, particularly the relationships between the Moungoundi-Western Splay-Kassasoko-Southern Arc prospects.

Figure 4: Western Splay cross-section showing select results - looking north

image-20240625182953-4

Refer to Appendix 1 for full details of the drill holes and assay results for this drill program at the Diamba Sud Gold Project.

Quality Assurance & Quality Control (QA - QC)

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 reverse circulation (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 started with HQ sized diameter, before reducing to NQ diameter diamond drill bits on intersecting fresh rock. 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 samples were transported to ALS’s preparation laboratory in Kedougou, Senegal before also being transported via commercial courier, to ALS’s facility in Ouagadougou, Burkina Faso. 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 Mining Corp., is a Qualified Person as defined by National Instrument 43-101 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 Mining Corp.

Fortuna Mining Corp. 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 Mining Corp.

Investor Relations:
Carlos Baca | info@fmcmail.com | fortunamining.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 about the potential of the Diamba Sud Gold Project based on the early success at the Western Splay and Kassasoko prospects, statements relating to the potential to progress the satellite opportunities at the Diamba Sud Gold Project; the proposed plan to update the geological interpretation of certain prospects including the Karakara prospect in the third quarter of 2024; the Company’s objectives for the current drilling program at the Diamba Sud Gold Project and expectations regarding additional drilling and exploration programs planned for 2024; 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 gold, silver, 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, labour, 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 including the Diamba Sud Gold Project; 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: Diamba Sud Gold Project, Senegal

HoleID

Easting
(WGS84_29N)

Northing
(WGS84_29N)

Elev
(m)

EOH1
Depth
(m)

UTM
Azimuth

Dip

Depth
From
(m)

Depth
To
(m)

Drilled
Width
(m)

ETW
(m)

Au
(ppm)

Hole
Type

Area

DSDD213

231871

1428285

153

221

270

-60

NSI

 

 

 

 

DD

Karakara

DSDD215

231698

1428285

152

152

270

-60

64.3

67.8

3.5

2.8

6.0

DD

Karakara

 

 

 

 

 

 

incl

67

67.8

0.8

0.6

13.1

DD

Karakara

 

 

 

 

 

 

 

97

105.7

8.7

7.0

4.9

DD

Karakara

 

 

 

 

 

 

incl

104.8

105.7

0.9

0.7

29.1

DD

Karakara

DSDD217

231748

1428219

151

157

270

-55

50.5

60

9.5

7.6

1.6

DD

Karakara

 

 

 

 

 

 

 

79.6

87.4

7.9

6.3

1.1

DD

Karakara

 

 

 

 

 

 

 

117

121

4.0

3.2

9.6

DD

Karakara

 

 

 

 

 

 

incl

119

120

1.0

0.8

34.9

DD

Karakara

DSDD219

231719

1428103

150

203

340

-50

112

125

13.0

10.4

1.8

DD

Karakara

 

 

 

 

 

 

 

169

172

3.0

2.4

2.6

DD

Karakara

DSDD222

231975

1428419

153

191

270

-60

136

143

7.0

5.6

1.9

DD

Karakara

DSDD223

231822

1428246

152

203

270

-60

119

125

6.0

4.8

2.2

DD

Karakara

 

 

 

 

 

 

 

131

135

4.0

3.2

2.3

DD

Karakara

 

 

 

 

 

 

 

139

149.3

10.3

8.2

4.6

DD

Karakara

 

 

 

 

 

 

incl

145

146

1.0

0.8

10.5

DD

Karakara

 

 

 

 

 

 

and

148.1

149.3

1.2

1.0

21.8

DD

Karakara

DSDD226

231966

1428407

154

179

270

-65

NSI

 

 

 

 

DD

Karakara

DSDD227

231916

1428376

154

179

270

-60

87.7

93

5.3

4.3

3.7

DD

Karakara

 

 

 

 

 

 

incl

92

93

1.0

0.8

12.7

DD

Karakara

 

 

 

 

 

 

 

140

143

3.0

2.4

2.1

DD

Karakara

DSDD229

231910

1428425

155

191

270

-60

141

150

9.0

7.2

7.0

DD

Karakara

 

 

 

 

 

 

incl

144

145

1.0

0.8

52.0

DD

Karakara

 

 

 

 

 

 

 

157

159

2.0

1.6

23.7

DD

Karakara

 

 

 

 

 

 

incl

157

158

1.0

0.8

43.8

DD

Karakara

DSDD231

231888

1428344

154

201

270

-60

48

51

3.0

2.4

4.8

DD

Karakara

 

 

 

 

 

 

incl

49

50

1.0

0.8

12.3

DD

Karakara

 

 

 

 

 

 

 

82

93

11.0

8.8

1.5

DD

Karakara

DSDD233

231863

1428325

153

185

270

-60

74

75

1.0

0.8

7.9

DD

Karakara

 

 

 

 

 

 

 

145

148

3.0

2.4

2.0

DD

Karakara

DSDD234

231614

1428102

151

161

340

-50

NSI

 

 

 

 

DD

Karakara

DSDD237

231793

1428200

151

222

270

-50

55

59

4.0

3.2

2.2

DD

Karakara

 

 

 

 

 

 

 

81

85

4.0

3.2

2.4

DD

Karakara

 

 

 

 

 

 

 

94

98

4.0

3.2

1.5

DD

Karakara

 

 

 

 

 

 

 

171.9

174

2.1

1.7

6.1

DD

Karakara

 

 

 

 

 

 

incl

171.9

173

1.1

0.9

10.2

DD

Karakara

 

 

 

 

 

 

 

193

197

4.0

3.2

1.4

DD

Karakara

DSDD238

231853

1428225

151

200

270

-55

120

133

13.0

10.4

4.3

DD

Karakara

 

 

 

 

 

 

incl

121

122

1.0

0.8

28.7

DD

Karakara

 

 

 

 

 

 

and

125

126

1.0

0.8

14.5

DD

Karakara

DSDD240

231739

1428268

152

185

90

-60

60

73

13.0

10.4

1.2

DD

Karakara

DSDD243

231749

1428174

150

161

270

-50

24

39

15.0

12.0

31.3

DD

Karakara

 

 

 

 

 

 

incl

28

33

5.0

4.0

87.0

DD

Karakara

 

 

 

 

 

 

and

34

36

2.0

1.6

11.1

DD

Karakara

 

 

 

 

 

 

 

85

95

10.0

8.0

1.8

DD

Karakara

DSDD244

231917

1428204

151

233

270

-55

100

102

2.0

1.6

13.1

DD

Karakara

 

 

 

 

 

 

incl

101

102

1.0

0.8

23.4

DD

Karakara

 

 

 

 

 

 

 

139

143

4.0

3.2

8.0

DD

Karakara

 

 

 

 

 

 

incl

139

140

1.0

0.8

26.0

DD

Karakara

 

 

 

 

 

 

 

147

150

3.0

2.4

6.5

DD

Karakara

 

 

 

 

 

 

incl

148

149

1.0

0.8

13.9

DD

Karakara

 

 

 

 

 

 

 

199

203

4.0

3.2

1.9

DD

Karakara

DSDD246

231850

1428253

152

200

270

-60

89.9

90.5

0.6

0.5

12.4

DD

Karakara

 

 

 

 

 

 

 

109.5

112.5

3.0

2.4

1.8

DD

Karakara

 

 

 

 

 

 

 

116.2

121

4.8

3.9

2.0

DD

Karakara

 

 

 

 

 

 

 

128.5

142

13.5

10.8

4.6

DD

Karakara

 

 

 

 

 

 

incl

129

130

1.0

0.8

31.2

DD

Karakara

DSDD247

231805

1428378

153

149

90

-60

58

61

3.0

2.4

2.8

DD

Karakara

 

 

 

 

 

 

 

131

132

1.0

0.8

5.1

DD

Karakara

DSR624

231456

1428202

154

120

90

-50

NSI

 

 

 

 

RC

Karakara

DSR625

231393

1428197

153

150

90

-50

NSI

 

 

 

 

RC

Karakara

DSR626

231344

1428202

153

150

90

-50

NSI

 

 

 

 

RC

Karakara

DSR627

231428

1428275

156

156

90

-50

NSI

 

 

 

 

RC

Karakara

DSR628

231368

1428277

156

154

90

-50

NSI

 

 

 

 

RC

Karakara

DSR629

233310

1428268

152

150

90

-50

NSI

 

 

 

 

RC

Karakara

DSR630

231559

1428117

153

132

340

-50

15

25

10.0

8.0

0.8

RC

Karakara

 

 

 

 

 

 

 

30

41

11.0

8.8

1.2

RC

Karakara

 

 

 

 

 

 

 

45

56

11.0

8.8

0.9

RC

Karakara

DSR631

231506

1428148

151

130

340

-50

NSI

 

 

 

 

RC

Karakara

DSR632

231526

1428108

151

180

340

-50

NSI

 

 

 

 

RC

Karakara

DSR633

231579

1428053

150

180

340

-50

NSI

 

 

 

 

RC

Karakara

DSR670

231558

1428006

149

102

340

-50

NSI

 

 

 

 

RC

Karakara

DSR671

232040

1428349

157

102

270

-50

NSI

 

 

 

 

RC

Karakara

DSR672

232101

1428398

159

108

270

-50

NSI

 

 

 

 

RC

Karakara

DSR673

232168

1428450

162

102

270

-50

NSI

 

 

 

 

RC

Karakara

DSDD292

231677

1428179

152

152

273

-49

44

50

6.0

5.9

6.3

DD

Karakara

 

 

 

 

 

 

Inc

46

47

1.0

1.0

20.4

 

 

 

 

 

 

 

 

 

58

59

1.0

1.0

5.5

 

 

DSDD295

231660

1428201

153

104

271

-50

45

50

5.0

5.0

3.2

DD

Karakara

 

 

 

 

 

 

 

 

 

 

 

 

 

 

DSDD239

231666

1425923

145

133.6

150

-55

11

13

2.0

1.4

3.6

DD

Kassasoko

DSDD241

231721

1425826

116

105

330

-50

NSI

 

 

 

 

DD

Kassasoko

DSDD242

231637

1425919

118

150

330

-50

20

37

17.0

11.9

1.3

DD

Kassasoko

 

 

 

 

 

 

 

46

53

7.0

4.9

0.9

DD

Kassasoko

DSDD259

231686

1425747

144

131

330

-50

NSI

 

 

 

 

DD

Kassasoko

DSDD260

231588

1425832

144

138

150

-50

25

26.7

1.7

1.2

6.7

DD

Kassasoko

 

 

 

 

 

 

incl

26

26.7

0.7

0.5

13.9

DD

Kassasoko

DSDD261

231814

1425787

143

74

330

-50

NSI

 

 

 

 

DD

Kassasoko

DSDD262

231877

1425885

142

98

330

-65

28.2

50

21.8

15.3

2.9

DD

Kassasoko

 

 

 

 

 

 

incl

36

37

1.0

0.7

20.8

DD

Kassasoko

DSDD263

232299

1426120

142

80

330

-50

NSI

 

 

 

 

DD

Kassasoko

DSDD264

231705

1425912

145

125

150

-50

21

23

2.0

1.4

12.6

DD

Kassasoko

 

 

 

 

 

 

incl

21

22

1.0

0.7

23.4

DD

Kassasoko

 

 

 

 

 

 

 

88

92

4.0

2.8

1.3

DD

Kassasoko

DSDD265

231602

1425855

144

138

150

-50

130

131

1.0

0.7

5.3

DD

Kassasoko

DSDD268

231841

1425730

144

153

330

-55

84

93

9.0

6.3

1.1

DD

Kassasoko

 

 

 

 

 

 

 

133

139

6.0

4.2

1.2

DD

Kassasoko

DSDD271

231554

1425886

145

164

150

-50

NSI

 

 

 

 

DD

Kassasoko

DSDD273

231712

1425941

144

134

150

-55

NSI

 

 

 

 

DD

Kassasoko

DSR685

231782

1425886

143

144

150

-50

40

51

11.0

7.7

1.2

RC

Kassasoko

 

 

 

 

 

 

 

63

66

3.0

2.1

2.6

RC

Kassasoko

 

 

 

 

 

 

 

108

132

24.0

16.8

1.3

RC

Kassasoko

DSR686

231760

1425904

143

146

150

-50

19

30

11.0

7.7

2.5

RC

Kassasoko

 

 

 

 

 

 

 

56

68

12.0

8.4

0.7

RC

Kassasoko

 

 

 

 

 

 

 

116

133

17.0

11.9

1.1

RC

Kassasoko

DSR687

231568

1425964

144

150

150

-50

27

38

11.0

7.7

0.8

RC

Kassasoko

 

 

 

 

 

 

 

60

66

6.0

4.2

1.0

RC

Kassasoko

DSR688

231874

1425946

144

94

150

-55

70

79

9.0

6.3

1.2

RC

Kassasoko

DSR689

231892

1425962

144

90

150

-50

NSI

 

 

 

 

RC

Kassasoko

DSR690

231929

1425995

144

95

150

-50

62

63

1.0

0.7

8.6

RC

Kassasoko

DSR691

232244

1426155

144

114

150

-50

40

48

8.0

5.6

3.3

RC

Kassasoko

 

 

 

 

 

 

incl

41

42

1.0

0.7

11.0

RC

Kassasoko

DSR692

232315

1426188

144

90

150

-50

NSI

 

 

 

 

RC

Kassasoko

 

 

 

 

 

 

 

 

 

 

 

 

 

 

DSDD230

231070

1426250

145

152

90

-50

15

22

7.0

6.9

2.0

DD

Western Splay

 

 

 

 

 

 

 

27

33.5

6.5

6.4

3.2

DD

Western Splay

 

 

 

 

 

 

incl

33

33.5

0.5

0.5

11.5

DD

Western Splay

 

 

 

 

 

 

 

56.8

64

7.2

7.1

3.7

DD

Western Splay

 

 

 

 

 

 

incl

56.8

57.5

0.7

0.7

17.2

DD

Western Splay

DSDD232

231130

1426277

145

152

90

-50

3

13

10.0

9.9

0.9

DD

Western Splay

 

 

 

 

 

 

 

66.5

68

1.5

1.5

6.7

DD

Western Splay

 

 

 

 

 

 

 

132

144

12.0

11.9

8.6

DD

Western Splay

 

 

 

 

 

 

incl

132

134.4

2.4

2.4

25.1

DD

Western Splay

 

 

 

 

 

 

and

138

139

1.0

1.0

15.1

DD

Western Splay

 

 

 

 

 

 

and

143

143.5

0.5

0.5

14.0

DD

Western Splay

DSDD235

231231

1426325

147

81

90

-50

12

19

7.0

6.9

1.9

DD

Western Splay

 

 

 

 

 

 

 

23

31

8.0

7.9

1.8

DD

Western Splay

 

 

 

 

 

 

 

35

40.4

5.4

5.3

3.8

DD

Western Splay

 

 

 

 

 

 

incl

39

39.8

0.8

0.8

13.1

DD

Western Splay

 

 

 

 

 

 

 

60

63

3.0

3.0

2.5

DD

Western Splay

DSDD236

231229

1426136

140

178

310

-55

NSI

 

 

 

 

DD

Western Splay

DSDD245

231097

1426266

145

215

90

-50

11

24

13.0

12.9

2.8

DD

Western Splay

 

 

 

 

 

 

incl

19

20

1.0

1.0

12.5

DD

Western Splay

 

 

 

 

 

 

 

30

35

5.0

5.0

1.3

DD

Western Splay

 

 

 

 

 

 

 

53

60.4

7.4

7.3

1.4

DD

Western Splay

 

 

 

 

 

 

 

67.5

75

7.5

7.4

0.7

DD

Western Splay

 

 

 

 

 

 

 

164.7

167.5

2.8

2.8

3.4

DD

Western Splay

 

 

 

 

 

 

 

197.7

203

5.3

5.2

1.3

DD

Western Splay

DSDD248

231035

1426276

146

143

90

-50

19

27

8.0

7.9

4.8

DD

Western Splay

 

 

 

 

 

 

incl

19

20

1.0

1.0

14.9

DD

Western Splay

 

 

 

 

 

 

 

31

35

4.0

4.0

3.0

DD

Western Splay

 

 

 

 

 

 

 

59

77

18.0

17.8

2.1

DD

Western Splay

 

 

 

 

 

 

 

83

89

6.0

5.9

3.4

DD

Western Splay

DSDD249

231109

1426343

147

152

90

-60

22

32

10.0

9.9

0.8

DD

Western Splay

DSDD250

231062

1426327

146

227

90

-50

39

44

5.0

5.0

1.8

DD

Western Splay

 

 

 

 

 

 

 

92

93

1.0

1.0

5.9

DD

Western Splay

 

 

 

 

 

 

 

193

195

2.0

2.0

2.9

DD

Western Splay

DSDD251

231085

1426300

145

204

90

-50

154

168.2

14.2

14.1

3.1

DD

Western Splay

 

 

 

 

 

 

 

155

156

1.0

1.0

11.5

DD

Western Splay

 

 

 

 

 

 

 

171.3

179

7.8

7.7

1.2

DD

Western Splay

DSDD252

231115

1426328

146

233

90

-50

169

178.2

9.2

9.1

2.5

DD

Western Splay

 

 

 

 

 

 

incl

170

171

1.0

1.0

14.7

DD

Western Splay

DSDD253

231031

1426293

146

215

90

-50

4

8

4.0

4.0

4.4

DD

Western Splay

 

 

 

 

 

 

incl

5

6

1.0

1.0

12.5

DD

Western Splay

 

 

 

 

 

 

 

45.5

49.8

4.3

4.3

1.3

DD

Western Splay

 

 

 

 

 

 

 

68

76

8.0

7.9

2.5

DD

Western Splay

 

 

 

 

 

 

 

182

183

1.0

1.0

13.2

DD

Western Splay

 

 

 

 

 

 

 

198

206

8.0

7.9

1.2

DD

Western Splay

DSDD254

230882

1426400

147

167

90

-60

83

91

8.0

7.9

1.7

DD

Western Splay

 

 

 

 

 

 

 

100

102

2.0

2.0

5.4

DD

Western Splay

 

 

 

 

 

 

 

112

120

8.0

7.9

2.4

DD

Western Splay

 

 

 

 

 

 

 

125

132

7.0

6.9

1.4

DD

Western Splay

DSDD255

231122

1426382

148

81

90

-55

NSI

 

 

 

 

DD

Western Splay

DSDD256

231179

1426407

149

59

90

-55

NSI

 

 

 

 

DD

Western Splay

DSDD257

231129

1426407

148

93

90

-55

41

46

5.0

5.0

1.5

DD

Western Splay

DSDD258

231237

1426351

148

128

90

-50

NSI

 

 

 

 

DD

Western Splay

DSDD274

231255

1426295

146

122

90

-50

NSI

 

 

 

 

DD

Western Splay

DSDD275

231186

1426280

146

140

90

-50

114.7

123

8.3

8.2

12.8

DD

Western Splay

 

 

 

 

 

 

incl

116

119

3.0

3.0

32.5

DD

Western Splay

DSDD277

231202

1426184

146

120

310

-50

60

70.2

10.2

7.1

2.9

DD

Western Splay

 

 

 

 

 

 

incl

69

69.7

0.7

0.7

17.1

DD

Western Splay

DSDD279

231187

1426174

146

188

310

-50

NSI

 

 

 

 

DD

Western Splay

DSDD282

231163

1426140

146

117

310

-50

65.2

72

6.8

4.8

2.1

DD

Western Splay

DSDD284

231220

1426180

146

116

310

-55

NSI

 

 

 

 

DD

Western Splay

DSDD285

231188

1426118

146

135

310

-50

NSI

 

 

 

 

DD

Western Splay

DSR674

231348

1426181

146

102

330

-50

NSI

 

 

 

 

RC

Western Splay

DSR675

231394

1426186

147

126

330

-50

NSI

 

 

 

 

RC

Western Splay

DSR676

231168

1426451

150

78

90

-50

NSI

 

 

 

 

RC

Western Splay

DSR677

231127

1426448

149

126

90

-50

NSI

 

 

 

 

RC

Western Splay

DSR678

231214

1426345

148

132

90

-60

39

47

8.0

7.9

3.2

RC

Western Splay

DSR679

231261

1426326

147

132

90

-50

7

11

4.0

4.0

8.8

RC

Western Splay

 

 

 

 

 

 

incl

9

10

1.0

1.0

25.6

RC

Western Splay

 

 

 

 

 

 

 

20

24

4.0

4.0

4.5

RC

Western Splay

 

 

 

 

 

 

incl

21

22

1.0

1.0

15.5

RC

Western Splay

 

 

 

 

 

 

 

47

54

7.0

6.9

6.1

RC

Western Splay

 

 

 

 

 

 

incl

47

48

1.0

1.0

25.2

RC

Western Splay

 

 

 

 

 

 

 

58

69

11.0

10.9

0.7

RC

Western Splay

DSR680

231217

1426300

146

138

90

-50

104

132

28.0

27.7

8.9

RC

Western Splay

 

 

 

 

 

 

incl

105

106

1.0

1.0

13.7

RC

Western Splay

 

 

 

 

 

 

and

110

114

4.0

4.0

28.6

RC

Western Splay

 

 

 

 

 

 

and

119

120

1.0

1.0

11.3

RC

Western Splay

DSR681

231063

1426214

145

156

90

-50

NSI

 

 

 

 

RC

Western Splay

DSR682

231129

1426302

146

186

90

-50

3

11

8.0

7.9

1.2

RC

Western Splay

DSR683

230980

1426269

146

156

90

-50

108

112

4.0

4.0

2.4

RC

Western Splay

 

 

 

 

 

 

 

129

135

6.0

5.9

3.2

RC

Western Splay

DSR684

230996

1426295

146

139

90

-50

51

59

8.0

7.9

1.9

RC

Western Splay

DSDD287

231246

1426227

146

179

311

-48

148

156

8.0

7.9

2.1

DD

Western Splay

 

 

 

 

 

 

Inc

151.2

152

0.8

 

10.3

 

 

DSDD289

231263

1426278

146

173

309

-50

 

 

 

 

NSI

DD

Western Splay

 

 

 

 

 

 

 

 

 

 

 

 

 

 

DSDD293

231186

1426304

146

180

90

-49

115.4

149

33.6

33.3

6.9

DD

Western Splay

 

 

 

 

 

 

Inc

127.1

131

3.9

3.9

32.4

 

 

 

 

 

 

 

 

 

131.6

132.3

0.7

0.6

13.6

 

 

 

 

 

 

 

 

 

133

134

1.0

1.0

11.1

 

 

 

 

 

 

 

 

 

147

148

1.0

1.0

10.1

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

DSDD266

234590

1411956

167

68

150

-50

2

3

1.0

0.7

9.9

DD

Bougouda

DSDD267

234565

1411999

167

119

150

-50

NSI

 

 

 

 

DD

Bougouda

DSDD269

234669

1412014

167

73

150

-50

41.4

46

4.7

3.3

3.2

DD

Bougouda

DSDD270

234645

1412052

167

128

150

-50

110

117

7.0

4.9

3.5

DD

Bougouda

 

 

 

 

 

 

incl

111

112

1.0

0.7

12.3

DD

Bougouda

DSDD272

234849

1412030

167

139

325

-50

71

76

5.0

3.5

2.7

DD

Bougouda

DSDD278

234873

1412074

167

104

325

-50

NSI

 

 

 

 

DD

Bougouda

DSDD280

234896

1412043

167

149

325

-50

93

101

8.0

5.6

3.3

DD

Bougouda

 

 

 

 

 

 

incl

99

100

1.0

0.7

12.8

DD

Bougouda

DSDD281

235044

1412181

167

122

325

-50

NSI

 

 

 

 

DD

Bougouda

DSDD283

235068

1412150

167

153

325

-50

NSI

 

 

 

 

DD

Bougouda

DSDD286

235372

1411456

167

116

150

-50

NSI

 

 

 

 

DD

Bougouda

DSDD288

235488

1411556

167

152

150

-50

74.2

75.8

1.6

1.2

10.5

DD

Bougouda

 

 

 

 

 

 

incl

75

75.8

0.8

0.6

20.3

DD

Bougouda

 

 

 

 

 

 

 

100

113

13.0

9.1

1.8

DD

Bougouda

DSR693

235294

1411393

167

84

150

-50

NSI

 

 

 

 

RC

Bougouda

DSR694

235334

1411416

167

84

150

-50

74

84

10.0

7.0

2.2

RC

Bougouda

DSR695

235460

1411494

167

75

150

-50

NSI

 

 

 

 

RC

Bougouda

DSR696

235418

1411476

167

75

150

-50

53

56

3.0

2.1

3.8

RC

Bougouda

DSR697

235244

1411373

167

75

150

-50

NSI

 

 

 

 

RC

Bougouda

DSR698

234576

1411654

167

92

145

-50

NSI

 

 

 

 

RC

Bougouda

DSR699

234661

1411706

167

78

145

-50

60

62

2.0

1.4

11.2

RC

Bougouda

 

 

 

 

 

 

incl

61

62

1.0

0.7

15.6

RC

Bougouda

DSR700

234750

1411761

167

82

140

-50

39

40

1.0

0.7

5.5

RC

Bougouda

DSR701

234645

1411548

167

92

140

-50

NSI

 

 

 

 

RC

Bougouda

DSR702

234732

1411597

167

80

140

-50

NSI

 

 

 

 

RC

Bougouda

DSR703

234822

1411683

167

72

140

-50

NSI

 

 

 

 

RC

Bougouda

DSR704

234634

1411729

167

144

145

-50

NSI

 

 

 

 

RC

Bougouda

DSR705

234973

1410955

167

72

150

-50

NSI

 

 

 

 

RC

Bougouda

DSR706

234929

1410935

167

80

150

-50

NSI

 

 

 

 

RC

Bougouda

DSR707

234749

1410877

167

96

150

-50

65

66

1.0

0.7

16.1

RC

Bougouda

 

 

 

 

 

 

 

74

76

2.0

1.4

31.3

RC

Bougouda

DSR708

234662

1410927

167

78

200

-50

NSI

 

 

 

 

RC

Bougouda

DSR709

234609

1410936

167

96

200

-50

NSI

 

 

 

 

RC

Bougouda

DSR710

234731

1410877

167

156

200

-50

149

156

7.0

4.9

2.7

RC

Bougouda

DSR711

234735

1410913

167

150

150

-50

101

112

11.0

7.7

3.5

RC

Bougouda

 

 

 

 

 

 

incl

110

111

1.0

0.7

24.9

RC

Bougouda

DSR712

234836

1410887

167

84

150

-50

47

50

3.0

2.1

2.8

RC

Bougouda

DSR713

234880

1410904

167

84

150

-50

28

33

5.0

3.5

1.5

RC

Bougouda

DSR714

235054

1411011

167

100

150

-50

NSI

 

 

 

 

RC

Bougouda

DSR715

235210

1411348

167

54

150

-50

NSI

 

 

 

 

RC

Bougouda

DSR716

235502

1411517

167

90

150

-50

65

89

24.0

16.8

2.1

RC

Bougouda

 

 

 

 

 

 

incl

77

78

1.0

0.7

10.6

RC

Bougouda

DSR717

235553

1411548

167

90

150

-50

19

32

13.0

9.1

1.7

RC

Bougouda

 

 

 

 

 

 

 

73

79

6.0

4.2

0.9

RC

Bougouda

DSR718

235163

1411321

167

81

150

-50

NSI

 

 

 

 

RC

Bougouda

DSR719

234712

1411725

167

78

140

-50

NSI

 

 

 

 

RC

Bougouda

DSR720

234796

1411783

167

96

145

-50

NSI

 

 

 

 

RC

Bougouda

DSR721

234623

1411679

167

100

140

-50

42

47

5.0

3.5

9.4

RC

Bougouda

 

 

 

 

 

 

incl

42

44

2.0

1.4

19.3

RC

Bougouda

 

 

 

 

 

 

 

51

54

3.0

2.1

13.9

RC

Bougouda

 

 

 

 

 

 

incl

51

52

1.0

0.7

37.6

RC

Bougouda

DSR722

234674

1411775

167

150

140

-50

NSI

 

 

 

 

RC

Bougouda

DSR723

234617

1411522

167

80

145

-50

NSI

 

 

 

 

RC

Bougouda

DSR724

234777

1411699

167

72

145

-50

NSI

 

 

 

 

RC

Bougouda

DSR725

234773

1411640

167

84

145

-50

70

72

2.0

1.4

6.1

RC

Bougouda

DSR726

234857

1411696

167

72

145

-50

NSI

 

 

 

 

RC

Bougouda

DSR728

234618

1411592

167

162

145

-50

NSI

 

 

 

 

RC

Bougouda

DSR729

235531

1411583

167

150

150

-50

103

108

5.0

3.5

1.8

RC

Bougouda

DSR730

235320

1411454

167

150

150

-50

9

19

10.0

7.0

0.7

RC

Bougouda

 

 

 

 

 

 

 

108

115

7.0

4.9

2.3

RC

Bougouda

 

 

 

 

 

 

 

124

131

7.0

4.9

1.0

RC

Bougouda

DSR731

235225

1411409

167

150

150

-50

24

26

2.0

1.4

6.9

RC

Bougouda

 

 

 

 

 

 

incl

24

25

1.0

0.7

12.5

RC

Bougouda

 

 

 

 

 

 

 

35

41

6.0

4.2

6.8

RC

Bougouda

 

 

 

 

 

 

incl

36

37

1.0

0.7

35.7

RC

Bougouda

 

 

 

 

 

 

 

47

54

7.0

4.9

1.0

RC

Bougouda

DSR732

235443

1411533

167

156

150

-50

NSI

 

 

 

 

RC

Bougouda

DSR733

234715

1411615

167

120

325

-50

NSI

 

 

 

 

RC

Bougouda

DSR736

234790

1412016

167

60

322

-51

35

40

5.0

 

1.8

RC

Bougouda

 

 

 

 

 

 

 

51

52

1.0

 

6.6

 

 

DSR737

234810

1411987

167

113

328

-51

99

105

6.0

 

1.3

RC

Bougouda

DSR738

235110

1412245

167

90

325

-52

NSI

 

 

 

 

RC

Bougouda

DSR739

235345

1412424

167

126

330

-51

NSI

 

 

 

 

RC

Bougouda

DSR740

235270

1412374

167

90

326

-51

NSI

 

 

 

 

RC

Bougouda

DSR741

235192

1412319

167

84

328

-50

NSI

 

 

 

 

RC

Bougouda

DSR742

235146

1412207

167

126

324

-51

105

108

3.0

 

4.3

RC

Bougouda

DSR744

234993

1412093

167

162

320

-52

NSI

 

 

 

 

RC

Bougouda

DSR745

235215

1412285

167

66

324

-52

NSI

 

 

 

 

RC

Bougouda

DSR734

234779

1411714

167

120

327

-52

NSI

 

 

 

 

RC

Bougouda

DSR735

234832

1411731

167

126

323

-51

NSI

 

 

 

 

RC

Bougouda

DSDD294

235415

1411382

167

116

327

-51

77

79.15

2.2

 

5.6

DD

Bougouda

DSDD290

235450

1411404

167

128

331

-52

64.9

66

1.1

 

36.8

DD

Bougouda

 

 

 

 

 

 

Inc

65.4

66

0.6

 

56.4

 

Bougouda

DSDD291

235484

1411458

167

128

329

-56

NSI

 

 

 

 

DD

Bougouda

DSDD296

235371

1411369

167

131

326

-52

NSI

 

 

 

 

DD

Bougouda


Explanatory Notes:

        A. EOH - End of hole

        B. NSI: No significant intercepts

        C. ETW: Estimated true width

        D. Depths and widths reported to nearest significant decimal place

        E. DD: diamond drilling tail | RC: reverse circulation drilling

 

Figure 1

image-20240625183106-5

Diamba Sud Gold Project location plan

Figure 2

image-20240625183106-6

Karakara cross-section showing select results - looking north

Figure 3

image-20240625183106-7

Kassasoko cross-section showing select results - looking northeast

Figure 4

image-20240625183106-8

Western Splay cross-section showing select results - looking north

 

A PDF accompanying this announcement is available at 

http://ml.globenewswire.com/Resource/Download/7bf0e403-d41b-42db-baa3-0702e83cbf9f


Photos accompanying this announcement are available at: 

https://www.globenewswire.com/NewsRoom/AttachmentNg/cf6acc2e-621e-4bdc-b7ca-445d960b9fbb

https://www.globenewswire.com/NewsRoom/AttachmentNg/4bded518-db5b-4ac2-bcbe-46618e787759

https://www.globenewswire.com/NewsRoom/AttachmentNg/d12c02cf-9e7d-4726-af84-8a3f9aae6052

https://www.globenewswire.com/NewsRoom/AttachmentNg/355b3dad-801d-4742-81cc-d26606282394

 

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