A view of operations at the Séguéla mine. Credit: Fortuna Mining.
Exploration drilling at Fortuna Mining’s (TSX: FVI; NYSE: FSM) Séguéla open-pit mine in Côte d’Ivoire improves the odds of an underground operation at the Sunbird deposit, the company said.
Hole SGRD2434 cut 16 metres grading 7.3 grams gold per tonne from 688 metres depth, while hole SGRD2444 intersected 11.9 metres of 8.3 grams gold from 448 metres downhole, Fortuna said Thursday in a statement. Other drill results highlight the strengthening of a second high-grade shoot extending at least 900 metres down plunge from the pit base.
Fortuna is spending an estimated C$13.5 million this year exploring at Séguéla – the largest of its four operating mines – to expand the deposit. Mineralization on the property is characterized by high-grade, coarse gold, quartz vein hosted systems that support robust economics, according to…
