Fortuna Mining Corp. has filed a NI 43-101 compliant Technical Report for the Diamba Sud Gold Project in Senegal. This report supports the results of the Feasibility Study that was previously announced on June 29, 2026.
Fortuna Mining Corp. announced robust Feasibility Study results for its Diamba Sud Gold Project in Senegal, reporting an after-tax IRR of 60% and NPV5% of US$1 billion at a US$3,500/oz gold price. The study outlines a 9.4-year open-pit CIL gold mine with average annual gold production of 116,000 ounces and a low LOM AISC of $1,332/oz. The project benefits from a maiden Probable Mineral Reserve of 20.5 Mt at 1.75 g/t Au for 1.15 Moz, improved grades, and higher metallurgical recoveries compared to the previous PEA.
Thor Explorations announced encouraging initial drill results from its 2026 program at the Douta Project in Senegal, confirming an expanding gold footprint. Highlights include high-grade intercepts up to 16.99 g/t Au over 4m at the Bousankhoba Prospect, alongside extensions to mineralization at Makosa Tail and infill drilling at Baraka 3 aimed at resource upgrades. The program successfully identified new oxide mineralization and extended known zones, supporting the project's economic potential.
Fortuna Mining reported strong drill results at the Southern Arc deposit, including a 29.8 g/t gold bonanza intercept. These results contributed to an updated mineral resource of 6 million tonnes at 1.9 g/t gold, containing 367,000 ounces.
Fortuna Mining reported strong drill results at the Southern Arc deposit within its Diamba Sud Gold Project in Senegal, including a 29.8 g/t gold bonanza intercept. These results contributed to an updated mineral resource of 6 million tonnes at 1.9 g/t gold.
Thor Explorations has filed a NI 43-101 technical report supporting a Pre-Feasibility Study (PFS) for the Douta Gold Project in Senegal. The PFS highlights a post-tax NPV5% of US$633 million and an IRR of 61%, supported by a mineral resource of 1.2Moz gold and a Probable Reserve of 1.2Moz gold.
Fortuna Mining Corp. announced new exploration drilling results from its Diamba Sud Gold Project in Senegal, highlighting significant gold intercepts at the Southern Arc, Moungoundi, Area D, Karakara, and Kassasoko deposits. The program, comprising 44 holes totaling 7,518 meters, included both infill and step-out drilling, contributing to an updated and expanded mineral resource. The company noted that Southern Arc remains open at depth and along strike, with further drilling planned to test extensions.
Fortuna Mining Corp. has updated the Diamba Sud Gold Project Mineral Resource estimate, expanding Indicated resources by 73% to 1.25 million ounces. The update is driven by infill and expansion drilling, with 94% of the total gold ounces now classified as Indicated.
Thor Explorations announced positive results from a Pre-Feasibility Study (PFS) for its Douta Gold Project in Senegal, confirming a robust, long-life gold project with strong economics. The PFS includes an updated NI 43-101 compliant Mineral Resource Estimate (MRE) of 1.7 Moz Indicated and 0.27 Moz Inferred gold, and a maiden Probable Mineral Reserve of 1.2 Moz gold. The project boasts a post-tax NPV5% of US$633 million and an IRR of 61% at US$3,500/oz gold, with a low initial capital cost of US$254 million and a 12.6-year mine life.
