Project UpdateApr 23, 2026, 05:02 AM
Fortuna Mining Boosts Mineral Reserves 15% YoY to 3.0M GEOs
AI Summary
Fortuna Mining Corp. announced updated Mineral Reserve and Resource estimates, showing a 15% year-over-year increase in consolidated Proven and Probable Mineral Reserves to 3.0 million gold equivalent ounces (GEOs). This growth was driven by successful drilling programs, particularly at Séguéla, which saw a 34% increase in underground Mineral Reserves and a 55% increase in Inferred Mineral Resources for the Sunbird deposit. The company also reported a 56% increase in consolidated Measured and Indicated Resources, with Diamba Sud's resources rising by 165%.
Key Highlights
- Consolidated Proven & Probable Mineral Reserves rose 15% YoY to 3.0M GEOs.
- Séguéla's underground Mineral Reserves increased 34% to 539,000 ounces of gold.
- Séguéla's Inferred Mineral Resources grew 55% to 417,000 ounces of gold.
- Consolidated Measured & Indicated Resources increased 56% to 2.1M GEOs.
- Diamba Sud's Measured & Indicated Resources surged 165% to 781,000 GEOs.