Fortuna Silver Mines Inc. (TSX: FVI) has released an estimation in addition to Séguéla’s current Mineral Reserves of 12.1 Mt averaging 2.80 g/t Au containing 1.09 Moz at the Séguéla gold Project located in Côte d’Ivoire. Sunbird´s new resource
“Drilling at Séguéla has continued to highlight the exploration potential of the project including the definition of a maiden Indicated Mineral Resource and a substantial increase in the Inferred Mineral Resource at the Sunbird Deposit,” Paul Weedon, Senior Vice President of Exploration at Fortuna, said.
“Successful regional exploration work has identified two new prosects, at Barana and Badior, and additional high-grade results from Kestrel.
“Ongoing extension drilling at Sunbird continues to expand the mineralized footprint, extending the southern high-grade shoot a further 75 m along strike with drill hole SGDD109 intersecting 10.2 g/t gold over a true width of 9.1 m and drill hole SGDD110 intersecting 10.2 g/t gold over a true width of 7.0 m.
“Additionally, drilling has also confirmed the continuity of mineralization between the central and southern high-grade shoots, with intersections such as drill hole SGDD106 intersecting 6.5 g/t gold over a true width of 15.4 m.
“Regional exploration drilling has advanced two new discoveries, Barana and Badior, with results including 11.5 g/t gold over a true width of 15.4 m from drill hole SGRC1521 at Badior. Furthermore, continued exploration at the previously identified Kestrel Prospect has extended mineralization an additional 200 m along strike with highlights including 20.3 g/t gold over a true width of 3.5 meters from drill hole SGRC1537.”
Sunbird Deposit Mineral Resource
Exploration drilling at Sunbird since the release of the maiden Inferred Mineral Resource has resulted in an upgraded estimate, including a maiden Indicated Mineral Resource of 3.2 million tonnes at an average grade of 2.74 g/t gold containing 279,000 ounces and an Inferred Mineral Resource of 4.2 million tonnes at an average grade of 3.74 g/t gold containing 506,000 ounces.
This upgraded Mineral Resource estimate incorporates an additional 41 diamond and reverse circulation drill holes totalling 14,520 meters to the maiden Inferred Mineral Resource, all of which were drilled by Fortuna during 2022. The estimation methodology was consistent with that set out in the Fortuna news release dated 15 March 2022.
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