Fortuna Hits High-Grade Gold In Côte d’Ivoire
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Fortuna Hits High-Grade Gold In Côte d’Ivoire

byColin Sandell-Hay, Contributor - The Assay
4 years ago
Reading Time: 3 mins read
Fortuna Hits High-Grade Gold In Côte d’Ivoire

Fortuna Silver Mines Inc. (TSX: FVI) has hit 18.3 g/t gold over 11.9 m at its Sunbird exploration programme at the Séguéla gold Project located in Côte d’Ivoire.

“Following the release of Sunbird´s maiden Inferred Mineral Resource containing 350,000 gold ounces in March 2022, expansion drilling has continued to grow the high-grade mineralised footprint at depth and beyond the initial maiden resource envelope,” Senior Vice President of Exploration, Paul Weedon, said.

“Results such as 28.2 g/t gold over 3.5 m from drill hole SGRD1408 and 12.6 g/t gold over 7.7 m from drill hole SGRD1422 highlight the open nature of the deposit´s mineralisation.

“Further drilling is underway to test these extensions, with drill hole SGRD1423, a further 100 meters down plunge, intersecting several points of visible gold.

“In addition to the exploration success at Sunbird this field season, target generation elsewhere on the Séguéla property has continued to grow the portfolio with several new very encouraging prospects identified.”

Sunbird Prospect drill highlights include:

  • SGRD1405:18.3 g/t gold over an estimated true width of 11.9 m from 168 m
  • SGRD1408:28.2 g/t gold over an estimated true width of 3.5 m from 351 m
  • SGRD1421:6.1 g/t gold over an estimated true width of 8.4 m from 252 m
  • SGRD1422:12.6 g/t gold over an estimated true width of 7.7 m from 319 m

Subsequent to the release of Sunbird´s maiden Inferred Mineral Resource of 3.4 million tonnes at an average grade of 3.16 g/t gold containing 350,000 gold ounce, expansion drilling further down-dip and down-plunge has continued to intersect high grade mineralisation beyond the initial optimised pit shell used to constrain the maiden Inferred Mineral Resource.

Drilling has successfully intersected an interpreted continuation of the core high grade mineralisation a further 100 m down-plunge from previous intersections with drill hole SGRD1408 intersecting 28.2 g/t gold over an estimated true width of 3.5 m and drill hole SGRD1422 intersecting 12.6 g/t gold over an estimated true width of 7.7 m.

Assays are pending for drill hole SGRD1423 which intersected several points of visible gold a further 100 m down plunge. This structure remains open at depth, some 350 m below surface.

In addition to extending mineralisation at depth, drilling was also designed to further define the central high-grade core, with a total of eight holes consistently intersecting high grades (greater than 100 grams x metre), including the most recent drill hole SGRD1405 intersecting 18.3 g/t gold over an estimated true width of 11.9 m from 168 m down-hole.

An additional 5,110 m, 15-hole programme to infill and extend the depth potential has commenced with four holes completed to date.

Drill hole SGDD095, for which assays are pending, intersected more than five points of visible gold to two millimetres in diameter in geological logging of the drill core. This interval has the potential to extend the high-grade core a further 25 m to the north.

For further information please visit: https://fortunasilver.com/

Tags: Côte d’IvoireExplorationGoldPrecious MetalsTSX:FVI
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Colin Sandell-Hay, Contributor - The Assay

Colin Sandell-Hay, Contributor - The Assay

Colin Sandell-Hay is a multi-award-winning mining journalist and investor relations specialist with a major focus on the resources sector. He has 48 years of editorial and public relations experience, with more than 30 of those in business and resources media. His in-depth, technical knowledge was recognized in 2010 when he was presented with the coveted APPEA JN Pierce Award as the leading petroleum journalist in Australia. Colin is currently a freelance news editor and features writer for The Assay.

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