Fortuna Mining Corp. (NYSE: FSM | TSX: FVI) is
pleased to provide an update on its exploration program at the
Séguéla Mine in Côte d’Ivoire.
Paul Weedon, Senior Vice President, Exploration,
commented, “The prospectivity of Kingfisher is underscored by the
recent intersections of 15.3 meters averaging 4.1 g/t Au and 17
meters averaging 3.3 g/t Au; approximately 150 meters further along
strike of the recently reported maiden Inferred Resource of
294,000 ounces averaging 2.3 g/t Au1.” Mr. Weedon added, “At
the Sunbird deposit, mineralization has been successfully drill
defined approximately 650 meters further along strike from the
limits of the existing underground resource and remains open.”
Drilling highlights
include:Kingfisher deposit
SGRD2133: |
3.7 g/t Au3.3 g/t Au26.9 g/t Au3.6 g/t Au11.8 g/t Au |
over an estimated true width of 2.6 meters from 167 meters, andover
an estimated true width of 17.0 meters from 175 meters,
includingover an estimated true width of 0.9 meters from 186
meters, andover an estimated true width of 4.3 meters from 202
meters, includingover an estimated true width of 0.9 meters from
202 meters |
SGRD2136: |
4.1 g/t Au18.9 g/t Au19.7 g/t Au |
over an estimated true width of 15.3 meters from 127 meters,
including over an estimated true width of 0.9 meters from 131
meters, and over an estimated true width of 0.9 meters from 138
meters |
SGRD2124: |
3.3 g/t Au31.6 g/t Au |
over an estimated true width of 13.6 meters from 229 meters,
includingover an estimated true width of 0.9 meters from 244
meters |
|
|
|
Sunbird deposit
SGRD2091: |
7.2 g/t Au21.4 g/t Au13.4 g/t Au |
over an estimated true width of 13.3 meters from 409 meters,
including over an estimated true width of 0.7 meters from 410
meters andover an estimated true width of 2.1 meters from 418
meters |
SGRD2092: |
4.0 g/t Au18.1 g/t Au10.3 g/t Au11.0 g/t Au |
over an estimated true width of 17.5 meters from 314 meters,
includingover an estimated true width of 1.4 meters from 316
meters, and over an estimated true width of 0.7 meters from 335
meters, andover an estimated true width of 0.7 meters from 337
meters |
SGRD2099: |
20.4 g/t Au390.8 g/t Au156.8 g/t Au18.0 g/t Au |
over an estimated true width of 19.6 meters from 397 meters,
includingover an estimated true width of 0.7 meters from 402
meters, and over an estimated true width of 0.7 meters from 422
meters, and over an estimated true width of 2.8 meters from 431
meters |
|
|
|
Note:1. Refer to Fortuna news release dated December
10, 2024: “Fortuna updates Mineral Reserves and Mineral Resources
for the Séguéla Mine, Côte d’Ivoire”
Kingfisher deposit
A further 58 holes totaling 11,103 meters were
completed at the Kingfisher deposit since early September 2024
(refer to Figure 1), of which 16 holes totaling 3,286 meters were
drilled subsequent to the maiden Inferred Resource data cut-off
date (refer to Fortuna news release dated December 10, 2024).
Kingfisher remains open at depth for most of the drilled
2-kilometer strike, with the deepest drilling only testing to
approximately 250 meters below surface (refer to Figure 2).
Mineralization at Kingfisher demonstrates a
clear association with the strongly deformed contact zone between a
series of felsic intrusives, quartz veining, and host basaltic
units. The change in strike orientation along the structure from
north-south to north-east coincides with the higher grade, broader
mineralization intervals. Mineralization is characterized by
silica-biotite-sericite-carbonate alteration and pyrite development
within and adjacent to the quartz veining.
Two drill rigs will continue working into the
second quarter of 2025 to support resource infill drilling for
resource conversion as well as drilling for depth and strike
extensions.
Figure 1: Séguéla Mine deposit
locations
Figure 2: Kingfisher deposit
long-section - looking west
Sunbird deposit
At Sunbird, results from a further 24 holes,
totaling 9,065 meters of a planned 12,000-meter drilling program
have been received, with several high grades returned including
20.4 g/t Au over an estimated true width of 19.6 meters from 397
meters in drill hole SGRD2099 (refer to Figure 3).
The program is designed to infill and extend the
current mineralized footprint as part of a program to evaluate
underground mining potential, with mineralization remaining open
more than 600 meters below surface, or more than 800 meters down
plunge from the margin of the planned open pit. The most recent
drill hole, which stepped out 150 meters to the south of the
reported drilling and for which assays are pending, reported more
than 15 points of visible gold (VG) associated with extensive
alteration and quartz veining over an interval of 28 meters.
Drilling will continue into the first half of
2025 to support an updated resource model and underground mining
studies.
Figure 3: Sunbird deposit long
section - looking west
Refer to Appendix 1 for full details of the
drill holes and assay results for this drill program at the Séguéla
Mine.
Quality Assurance & Quality Control
(QA - QC)
All drilling data completed by the Company
utilized the following procedures and methodologies. All drilling
was carried out under the supervision of the Company’s
personnel.
All reverse circulation (RC) drilling used a
5.25-inch face sampling pneumatic hammer with samples collected
into 60-liter plastic bags. Samples were kept dry by maintaining
enough air pressure to exclude groundwater inflow. If water ingress
exceeded the air pressure, RC drilling was stopped, and drilling
converted to diamond core tails. Once collected, RC samples were
riffle split through a three-tier splitter to yield a 12.5 percent
representative sample for submission to the analytical laboratory.
The residual 87.5 percent samples were stored at the drill site
until assay results were received and validated. Coarse reject
samples for all mineralized samples corresponding to significant
intervals are retained and stored on-site at the Company-controlled
core yard.
All diamond drilling (DD) drill holes started
with HQ sized diameter, before reducing to NQ diameter diamond
drill bits on intersecting fresh rock. The core was logged, marked
up for sampling using standard lengths of one meter or to a
geological boundary. Samples were then cut into equal halves using
a diamond saw. One half of the core was left in the original core
box and stored in a secure location at the Company core yard at the
project site. The other half was sampled, catalogued, and placed
into sealed bags and securely stored at the site until
shipment.
All RC and DD samples were transported to ALS’s
preparation laboratory in Yamoussoukro, Côte d’Ivoire, before also
being transported via commercial courier, to ALS’s facility in
Ouagadougou, Burkina Faso. Routine gold analysis using a 50-gram
charge and fire assay with an atomic absorption finish was
completed for all samples. Quality control procedures included the
systematic insertion of blanks, duplicates and sample standards
into the sample stream. In addition, the ALS laboratory inserted
its own quality control samples.
Qualified Person
Paul Weedon, Senior Vice President, Exploration
for Fortuna Mining Corp., is a Qualified Person as defined by
National Instrument 43-101 being a member of the Australian
Institute of Geoscientists (Membership #6001). Mr. Weedon has
reviewed and approved the scientific and technical information
contained in this news release. Mr. Weedon has verified the data
disclosed, including the sampling, analytical and test data
underlying the information or opinions contained herein by
reviewing geochemical and geological databases and reviewing
diamond drill core. There were no limitations to the verification
process.
About Fortuna Mining Corp.
Fortuna Mining Corp. is a Canadian precious
metals mining company with five operating mines in Argentina,
Burkina Faso, Côte d'Ivoire, Mexico, and Peru, as well as the
preliminary economic assessment stage Diamba Sud Gold Project
located in Senegal. Sustainability is integral to all our
operations and relationships. We produce gold and silver and
generate shared value over the long-term for our stakeholders
through efficient production, environmental protection, and social
responsibility. For more information, please visit our website.
ON BEHALF OF THE BOARD
Jorge A. Ganoza President, CEO, and
DirectorFortuna Mining Corp.
Investor Relations:
Carlos Baca | info@fmcmail.com | fortunamining.com
| X | LinkedIn |
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Forward-looking Statements
This news release contains forward-looking
statements which constitute “forward-looking information” within
the meaning of applicable Canadian securities legislation and
“forward-looking statements” within the meaning of the “safe
harbor” provisions of the Private Securities Litigation Reform Act
of 1995 (collectively, “Forward-looking Statements”). All
statements included herein, other than statements of historical
fact, are Forward-looking Statements and are subject to a variety
of known and unknown risks and uncertainties which could cause
actual events or results to differ materially from those reflected
in the Forward-looking Statements. The Forward-looking Statements
in this news release include, without limitation, statements about
further extension potential at the Kingfisher deposit; statements
that the Sunbird deposit continues to support underground mining
potential; the Company’s expectations regarding drilling in the
first half of 2025 to support an updated resource model and
underground mining studies at the Sunbird deposit; mineral reserve
and mineral resource estimates; expectations regarding additional
drilling and exploration programs planned; the Company’s business
strategy, plans and outlook; the merit of the Company’s mines and
mineral properties; mineral resource and reserve estimates;
timelines; the future financial or operating performance of the
Company; expenditures; approvals and other matters. Often, but not
always, these Forward-looking Statements can be identified by the
use of words such as “estimated”, “potential”, “open”, “future”,
“assumed”, “projected”, “used”, “detailed”, “has been”, “gain”,
“planned”, “reflecting”, “will”, “containing”, “remaining”, “to
be”, or statements that events, “could” or “should” occur or be
achieved and similar expressions, including negative variations.
Forward-looking Statements involve known and unknown risks,
uncertainties and other factors which may cause the actual results,
performance or achievements of the Company to be materially
different from any results, performance or achievements expressed
or implied by the Forward-looking Statements. Such uncertainties
and factors include, among others, changes in general economic
conditions and financial markets; changes in prices for gold,
silver, and other metals; the timing and success of the Company’s
proposed exploration programs; technological and operational
hazards in Fortuna’s mining and mine development activities; risks
inherent in mineral exploration; fluctuations in prices for energy,
labor, materials, supplies and services; fluctuations in
currencies; uncertainties inherent in the estimation of mineral
reserves, mineral resources, and metal recoveries; the Company’s
ability to obtain all necessary permits, licenses and regulatory
approvals in a timely manner; governmental and other approvals;
political unrest or instability in countries where Fortuna is
active; labor relations issues; as well as those factors discussed
under “Risk Factors” in the Company's Annual Information Form for
the financial year ended December 31, 2023. Although the Company
has attempted to identify important factors that could cause actual
actions, events or results to differ materially from those
described in Forward-looking Statements, there may be other factors
that cause actions, events or results to differ from those
anticipated, estimated or intended. Forward-looking Statements
contained herein are based on the assumptions, beliefs,
expectations and opinions of management, including but not limited
to expectations regarding the results from the exploration programs
conducted at the Company’s mineral properties including the Diamba
Sud Gold Project; expected trends in mineral prices and currency
exchange rates; the accuracy of the Company’s information derived
from its exploration programs at the Company’s mineral properties;
current mineral resource and reserve estimates; the presence and
continuity of mineralization at the Company’s properties; that the
Company’s activities will be in accordance with the Company’s
public statements and stated goals; that there will be no material
adverse change affecting the Company or its properties; that all
required approvals will be obtained; that there will be no
significant disruptions affecting operations and such other
assumptions as set out herein. Forward-looking Statements are made
as of the date hereof and the Company disclaims any obligation to
update any Forward-looking Statements, whether as a result of new
information, future events or results or otherwise, except as
required by law. There can be no assurance that Forward-looking
Statements will prove to be accurate, as actual results and future
events could differ materially from those anticipated in such
statements. Accordingly, investors should not place undue reliance
on Forward-looking Statements.
Cautionary Note to United States Investors
Concerning Estimates of Reserves and Resources
Reserve and resource estimates included in this
news release have been prepared in accordance with National
Instrument 43-101 Standards of Disclosure for Mineral Projects ("NI
43-101") and the Canadian Institute of Mining, Metallurgy, and
Petroleum Definition Standards on Mineral Resources and Mineral
Reserves. NI 43-101 is a rule developed by the Canadian Securities
Administrators that establishes standards for public disclosure by
a Canadian company of scientific and technical information
concerning mineral projects. Unless otherwise indicated, all
mineral reserve and mineral resource estimates contained in the
technical disclosure have been prepared in accordance with NI
43-101 and the Canadian Institute of Mining, Metallurgy and
Petroleum Definition Standards on Mineral Resources and Reserves.
Canadian standards, including NI 43-101, differ significantly from
the requirements of the Securities and Exchange Commission, and
mineral reserve and resource information included in this news
release may not be comparable to similar information disclosed by
U.S. companies.
Appendix 1: Séguéla Mine drill
program details of the drill holes and assay results for the
Kingfisher and Sunbird deposits
Kingfisher deposit
HoleID |
Easting (WGS84_29N) |
Northing (WGS84_29N) |
Elevation (m) |
EOH1,2
Depth (m) |
UTM Azimuth |
Dip |
Depth2 From
(m) |
Depth2 To
(m) |
Drilled2 Width
(m) |
ETW3 (m) |
Au (ppm) |
Hole Type4 |
Area |
SGRD2075 |
743562 |
891494 |
403 |
129 |
90 |
-60 |
57 |
59 |
2 |
1.7 |
3.2 |
RCD |
Kingfisher |
|
|
|
|
|
|
|
77 |
85 |
8 |
6.8 |
0.7 |
RCD |
Kingfisher |
|
|
|
|
|
|
|
97 |
98 |
1 |
0.9 |
6.1 |
RCD |
Kingfisher |
SGRD2077 |
743550 |
891652 |
416 |
165 |
90 |
-60 |
131 |
146 |
15 |
12.8 |
2.7 |
RCD |
Kingfisher |
|
|
|
|
|
|
incl |
131 |
132 |
1 |
0.9 |
28.1 |
RCD |
Kingfisher |
SGRD2078 |
743559 |
891601 |
416 |
145.6 |
90 |
-60 |
91 |
94 |
3 |
2.6 |
2.2 |
RCD |
Kingfisher |
|
|
|
|
|
|
|
99 |
106 |
7 |
6.0 |
0.9 |
RCD |
Kingfisher |
SGRD2079 |
743579 |
891692 |
420 |
159 |
90 |
-60 |
NSI |
|
|
|
|
RCD |
Kingfisher |
SGRD2080 |
743607 |
892501 |
420 |
219 |
90 |
-60 |
190 |
198 |
8 |
6.8 |
0.8 |
RCD |
Kingfisher |
SGRC2100 |
743648 |
891154 |
396 |
50 |
90 |
-60 |
NSI |
|
|
|
|
RC |
Kingfisher |
SGRC2101 |
743619 |
891150 |
398 |
91 |
90 |
-60 |
NSI |
|
|
|
|
RC |
Kingfisher |
SGRC2102 |
743615 |
891252 |
400 |
40 |
90 |
-60 |
NSI |
|
|
|
|
RC |
Kingfisher |
SGRD2103 |
743528 |
891200 |
402 |
180 |
90 |
-60 |
139 |
143 |
4 |
3.4 |
1.3 |
RCD |
Kingfisher |
SGRD2104 |
743557 |
891199 |
401 |
123.3 |
90 |
-60 |
NSI |
|
|
|
|
RCD |
Kingfisher |
SGRD2105 |
743532 |
891447 |
404 |
168.1 |
90 |
-60 |
105 |
117 |
12 |
10.2 |
0.8 |
RCD |
Kingfisher |
SGRD2106 |
743564 |
891445 |
403 |
147.3 |
90 |
-60 |
90 |
98 |
8 |
6.8 |
0.7 |
RCD |
Kingfisher |
SGRD2107 |
743538 |
891338 |
405 |
171 |
90 |
-60 |
NSI |
|
|
|
|
RCD |
Kingfisher |
SGRD2108 |
743531 |
891400 |
405 |
198 |
90 |
-60 |
106 |
109 |
3 |
2.6 |
4.4 |
RCD |
Kingfisher |
SGRD2109 |
743545 |
892151 |
429 |
210.2 |
90 |
-60 |
153 |
162 |
9 |
7.7 |
1.1 |
RCD |
Kingfisher |
|
|
|
|
|
|
|
169 |
170 |
1 |
0.9 |
5.3 |
RCD |
Kingfisher |
SGRD2110 |
743543 |
892200 |
424 |
200.2 |
90 |
-60 |
152 |
163 |
11 |
9.4 |
1.4 |
RCD |
Kingfisher |
|
|
|
|
|
|
|
172 |
174 |
2 |
1.7 |
2.6 |
RCD |
Kingfisher |
SGRD2111 |
743495 |
892198 |
436 |
243.3 |
90 |
-60 |
NSI |
|
|
|
|
RCD |
Kingfisher |
SGRD2112 |
743593 |
892196 |
414 |
162.2 |
90 |
-60 |
96 |
110 |
14 |
11.9 |
1.0 |
RCD |
Kingfisher |
|
|
|
|
|
|
|
120 |
134 |
14 |
11.9 |
0.9 |
RCD |
Kingfisher |
SGRD2113 |
743572 |
892047 |
447 |
243 |
90 |
-60 |
126 |
149 |
23 |
19.6 |
1.0 |
RCD |
Kingfisher |
SGRD2114 |
743569 |
892350 |
418 |
198.2 |
90 |
-60 |
155 |
164 |
9 |
7.7 |
3.1 |
RCD |
Kingfisher |
SGRD2115 |
743569 |
892299 |
425 |
260 |
90 |
-60 |
142 |
153 |
11 |
9.4 |
0.6 |
RCD |
Kingfisher |
SGRD2116 |
743576 |
892250 |
418 |
250 |
90 |
-60 |
125 |
131 |
6 |
5.1 |
1.8 |
RCD |
Kingfisher |
|
|
|
|
|
|
|
149 |
160 |
11 |
9.4 |
1.1 |
RCD |
Kingfisher |
SGRD2117 |
743552 |
892090 |
445 |
260 |
90 |
-60 |
NSI |
|
|
|
|
RCD |
Kingfisher |
SGRD2118 |
743507 |
892150 |
438 |
290 |
90 |
-60 |
62 |
66 |
4 |
3.4 |
1.3 |
RCD |
Kingfisher |
SGRD2119 |
743542 |
892500 |
436 |
300 |
90 |
-60 |
NSI |
|
|
|
|
RCD |
Kingfisher |
SGRD2120 |
743712 |
892857 |
417 |
228 |
90 |
-60 |
183 |
188 |
5 |
4.3 |
3.2 |
RCD |
Kingfisher |
|
|
|
|
|
|
|
194 |
208 |
14 |
11.9 |
1.1 |
RCD |
Kingfisher |
SGRD2121 |
743600 |
892394 |
417 |
216.3 |
90 |
-60 |
NSI |
|
|
|
|
RCD |
Kingfisher |
SGRD2122 |
743464 |
892453 |
457 |
348.3 |
90 |
-60 |
316 |
320 |
4 |
3.4 |
2.2 |
RCD |
Kingfisher |
SGRD2123 |
743550 |
892449 |
432 |
250 |
90 |
-60 |
193 |
195 |
2 |
1.7 |
6.4 |
RCD |
Kingfisher |
|
|
|
|
|
|
|
204 |
214 |
10 |
8.5 |
1.0 |
RCD |
Kingfisher |
SGRD2124 |
743632 |
892649 |
434 |
280 |
90 |
-60 |
171 |
172 |
1 |
0.9 |
9.6 |
RCD |
Kingfisher |
|
|
|
|
|
|
|
188 |
191 |
3 |
2.6 |
2.4 |
RCD |
Kingfisher |
|
|
|
|
|
|
|
203 |
206 |
3 |
2.6 |
2.3 |
RCD |
Kingfisher |
|
|
|
|
|
|
|
229 |
245 |
16 |
13.6 |
3.3 |
RCD |
Kingfisher |
|
|
|
|
|
|
incl |
244 |
245 |
1 |
0.9 |
31.6 |
RCD |
Kingfisher |
SGRD2125 |
743578 |
892650 |
444 |
320.4 |
90 |
-60 |
NSI |
|
|
|
|
RCD |
Kingfisher |
SGRD2126 |
743587 |
892700 |
446 |
310 |
90 |
-60 |
271 |
280 |
9 |
7.7 |
0.9 |
RCD |
Kingfisher |
|
|
|
|
|
|
|
285 |
291 |
6 |
5.1 |
2.1 |
RCD |
Kingfisher |
SGRD2127 |
743516 |
892700 |
459 |
400 |
90 |
-60 |
NSI |
|
|
|
|
RCD |
Kingfisher |
SGRD2128 |
743615 |
892545 |
426 |
293 |
90 |
-60 |
211 |
216 |
5 |
4.3 |
2.2 |
RCD |
Kingfisher |
SGRC2129 |
743619 |
892746 |
439 |
97 |
90 |
-60 |
Not Sampled |
|
|
|
|
RC |
Kingfisher |
SGRD2130 |
743669 |
892746 |
430 |
264.1 |
90 |
-60 |
149 |
151 |
2 |
1.7 |
3.0 |
RCD |
Kingfisher |
|
|
|
|
|
|
|
194 |
208 |
14 |
11.9 |
1.9 |
RCD |
Kingfisher |
|
|
|
|
|
|
|
212 |
218 |
6 |
5.1 |
3.5 |
RCD |
Kingfisher |
|
|
|
|
|
|
incl |
221 |
222 |
1 |
0.9 |
28.0 |
RCD |
Kingfisher |
|
|
|
|
|
|
|
259 |
261 |
2 |
1.7 |
4.0 |
RCD |
Kingfisher |
SGRD2131 |
743746 |
892908 |
428 |
199.6 |
90 |
-60 |
|
|
0 |
0.0 |
|
RCD |
Kingfisher |
SGRD2132 |
743621 |
892744 |
440 |
330 |
90 |
-60 |
249 |
253 |
4 |
3.4 |
5.2 |
RCD |
Kingfisher |
|
|
|
|
|
|
|
262 |
277 |
15 |
12.8 |
0.9 |
RCD |
Kingfisher |
SGRD2133 |
743759 |
892955 |
422 |
216.2 |
90 |
-60 |
167 |
170 |
3 |
2.6 |
3.7 |
RCD |
Kingfisher |
|
|
|
|
|
|
|
175 |
195 |
20 |
17.0 |
3.3 |
RCD |
Kingfisher |
|
|
|
|
|
|
incl |
186 |
187 |
1 |
0.9 |
26.9 |
RCD |
Kingfisher |
|
|
|
|
|
|
|
202 |
207 |
5 |
4.3 |
3.6 |
RCD |
Kingfisher |
|
|
|
|
|
|
incl |
202 |
203 |
1 |
0.9 |
11.8 |
RCD |
Kingfisher |
SGRD2134 |
743805 |
893004 |
409 |
150.2 |
90 |
-60 |
NSI |
|
|
|
|
RCD |
Kingfisher |
SGRD2135 |
743631 |
892500 |
414 |
220 |
90 |
-60 |
|
|
0 |
0.0 |
|
RCD |
Kingfisher |
SGRD2136 |
743792 |
892955 |
417 |
160.2 |
90 |
-60 |
127 |
145 |
18 |
15.3 |
4.1 |
RCD |
Kingfisher |
|
|
|
|
|
|
incl |
131 |
132 |
1 |
0.9 |
18.9 |
RCD |
Kingfisher |
|
|
|
|
|
|
and |
138 |
139 |
1 |
0.9 |
19.7 |
RCD |
Kingfisher |
SGRD2137 |
743719 |
892906 |
429 |
260.2 |
90 |
-60 |
|
|
0 |
0.0 |
|
RCD |
Kingfisher |
SGRD2138 |
743580 |
892500 |
426 |
290 |
90 |
-60 |
|
|
0 |
0.0 |
|
RCD |
Kingfisher |
SGRD2139 |
743584 |
892546 |
430 |
340 |
90 |
-60 |
|
|
0 |
0.0 |
|
RCD |
Kingfisher |
SGRC2141 |
743780 |
892550 |
399 |
80 |
90 |
-60 |
NSI |
|
|
|
|
RC |
Kingfisher |
SGRC2142 |
743755 |
892500 |
401 |
80 |
90 |
-60 |
NSI |
|
|
|
|
RC |
Kingfisher |
SGRC2143 |
743760 |
892450 |
399 |
84 |
90 |
-60 |
NSI |
|
|
|
|
RC |
Kingfisher |
SGRC2144 |
743710 |
892350 |
402 |
80 |
90 |
-60 |
10 |
11 |
1 |
0.9 |
7.1 |
RC |
Kingfisher |
|
|
|
|
|
|
|
32 |
54 |
22 |
18.7 |
1.0 |
RC |
Kingfisher |
|
|
|
|
|
|
|
60 |
69 |
9 |
7.7 |
9.5 |
RC |
Kingfisher |
|
|
|
|
|
|
incl |
63 |
64 |
1 |
0.9 |
62.0 |
RC |
Kingfisher |
SGRC2145 |
743735 |
892400 |
400 |
80 |
90 |
-60 |
NSI |
|
|
|
|
RC |
Kingfisher |
SGRD1667 |
743780 |
892802 |
407 |
160.1 |
90 |
-60 |
77 |
79 |
2 |
1.7 |
3.2 |
RCD |
Kingfisher |
|
|
|
|
|
|
|
84 |
94 |
10 |
8.5 |
1.1 |
RCD |
Kingfisher |
|
|
|
|
|
|
|
98 |
105 |
7 |
6.0 |
1.2 |
RCD |
Kingfisher |
SGRD1723 |
743785 |
892700 |
406 |
100 |
90 |
-60 |
19 |
32 |
13 |
11.1 |
0.9 |
RCD |
Kingfisher |
SGRC1797 |
743835 |
892858 |
415 |
100 |
90 |
-60 |
14 |
27 |
13 |
11.1 |
1.0 |
RC |
Kingfisher |
|
|
|
|
|
|
|
46 |
52 |
6 |
5.1 |
1.3 |
RC |
Kingfisher |
SGRD1830 |
743807 |
892750 |
403 |
82 |
90 |
-60 |
17 |
29 |
12 |
10.2 |
1.2 |
RCD |
Kingfisher |
|
|
|
|
|
|
|
43 |
52 |
9 |
7.7 |
0.7 |
RCD |
Kingfisher |
SGRC1834 |
743745 |
892550 |
404 |
100 |
90 |
-60 |
26 |
47 |
21 |
17.9 |
1.0 |
RC |
Kingfisher |
SGRD1836 |
743720 |
892450 |
403 |
120 |
90 |
-60 |
41 |
68 |
27 |
23.0 |
2.1 |
RCD |
Kingfisher |
|
|
|
|
|
|
|
60 |
61 |
1 |
0.9 |
10.4 |
RCD |
Kingfisher |
SGRD1860 |
743671 |
892350 |
406 |
130 |
90 |
-60 |
40 |
41 |
1 |
0.9 |
5.6 |
RCD |
Kingfisher |
|
|
|
|
|
|
|
47 |
48 |
1 |
0.9 |
11.6 |
RCD |
Kingfisher |
SGRD1863 |
743669 |
892300 |
410 |
130 |
90 |
-60 |
67 |
72 |
5 |
4.3 |
1.2 |
RCD |
Kingfisher |
Notes:
1. EOH: End of hole2. Depths
and widths reported to nearest significant decimal place 3.
NSI: No significant intercepts4. ETW:
Estimated true width5. RC: reverse circulation
drilling | DD: diamond drilling tail |
RCD: reverse circulation drilling with diamond
tail
Sunbird deposit
HoleID |
Easting (WGS84_29N) |
Northing (WGS84_29N) |
Elevation (m) |
EOH1,2 Depth
(m) |
UTM Azimuth |
Dip |
Depth2 From
(m) |
Depth2 To
(m) |
Drilled2 Width
(m) |
ETW3 (m) |
Au (ppm) |
Hole Type4 |
Area |
SGRD2081 |
742525 |
892585 |
556 |
420 |
90 |
-60 |
NSI |
|
|
|
|
RCD |
Sunbird |
SGRD2082 |
742550 |
892435 |
561 |
310.2 |
90 |
-60 |
230 |
231 |
1 |
0.7 |
12.5 |
RCD |
Sunbird |
|
|
|
|
|
|
|
264 |
271 |
7 |
4.9 |
8.0 |
RCD |
Sunbird |
|
|
|
|
|
|
incl |
264 |
265 |
1 |
0.7 |
40.0 |
RCD |
Sunbird |
SGRD2083 |
742520 |
892410 |
560 |
380.1 |
90 |
-60 |
305 |
307 |
2 |
1.4 |
3.2 |
RCD |
Sunbird |
|
|
|
|
|
|
|
338 |
341 |
3 |
2.1 |
6.0 |
RCD |
Sunbird |
|
|
|
|
|
|
incl |
338 |
339 |
1 |
0.7 |
16.2 |
RCD |
Sunbird |
|
|
|
|
|
|
|
359 |
368 |
9 |
6.3 |
6.6 |
RCD |
Sunbird |
|
|
|
|
|
|
incl |
360 |
362 |
2 |
1.4 |
21.4 |
RCD |
Sunbird |
SGRD2084 |
742550 |
892550 |
567 |
399.2 |
90 |
-60 |
348 |
361 |
13 |
9.1 |
2.9 |
RCD |
Sunbird |
|
|
|
|
|
|
incl |
351 |
352 |
1 |
0.7 |
18.9 |
RCD |
Sunbird |
SGRD2085 |
742490 |
892410 |
555 |
480.1 |
90 |
-60 |
387 |
394 |
7 |
4.9 |
1.3 |
RCD |
Sunbird |
|
|
|
|
|
|
|
425 |
445 |
20 |
14.0 |
4.1 |
RCD |
Sunbird |
|
|
|
|
|
|
incl |
433 |
436 |
3 |
2.1 |
16.4 |
RCD |
Sunbird |
|
|
|
|
|
|
and |
437 |
438 |
1 |
0.7 |
14.0 |
RCD |
Sunbird |
SGRC2086 |
742540 |
892635 |
555 |
40 |
90 |
-60 |
Not Sampled |
|
|
|
|
RC |
Sunbird |
SGRC2087 |
742540 |
892400 |
566 |
60 |
90 |
-60 |
Not Sampled |
|
|
|
|
RC |
Sunbird |
SGRC2088 |
742540 |
892635 |
555 |
48 |
90 |
-60 |
Not Sampled |
|
|
|
|
RC |
Sunbird |
SGRD2089 |
742544 |
892637 |
540 |
440 |
90 |
-60 |
387 |
395 |
8 |
5.6 |
1.0 |
RCD |
Sunbird |
SGRD2090 |
742541 |
892398 |
540 |
338.1 |
90 |
-60 |
281 |
296 |
15 |
10.5 |
1.4 |
RCD |
Sunbird |
SGRD2091 |
742490 |
892408 |
538 |
440.2 |
90 |
-60 |
409 |
428 |
19 |
13.3 |
7.2 |
RCD |
Sunbird |
|
|
|
|
|
|
incl |
410 |
411 |
1 |
0.7 |
21.4 |
RCD |
Sunbird |
|
|
|
|
|
|
and |
418 |
421 |
3 |
2.1 |
13.4 |
RCD |
Sunbird |
SGRD2092 |
742552 |
892544 |
553 |
356 |
90 |
-60 |
314 |
339 |
25 |
17.5 |
4.0 |
RCD |
Sunbird |
|
|
|
|
|
|
incl |
316 |
318 |
2 |
1.4 |
18.1 |
RCD |
Sunbird |
|
|
|
|
|
|
and |
335 |
336 |
1 |
0.7 |
10.3 |
RCD |
Sunbird |
|
|
|
|
|
|
and |
337 |
338 |
1 |
0.7 |
11.0 |
RCD |
Sunbird |
SGRD2093 |
742494 |
892383 |
538 |
420.2 |
90 |
-60 |
360 |
385 |
25 |
17.5 |
0.9 |
RCD |
Sunbird |
|
|
|
|
|
|
|
394 |
404 |
10 |
7.0 |
1.7 |
RCD |
Sunbird |
|
|
|
|
|
|
|
411 |
418 |
7 |
4.9 |
0.8 |
RCD |
Sunbird |
SGRD2094 |
742563 |
892636 |
547 |
390 |
90 |
-60 |
NSI |
|
|
|
|
RCD |
Sunbird |
SGRD2095 |
742468 |
892376 |
553 |
480.2 |
90 |
-60 |
427 |
441 |
14 |
9.8 |
6.2 |
RCD |
Sunbird |
|
|
|
|
|
|
incl |
433 |
435 |
2 |
1.4 |
20.8 |
RCD |
Sunbird |
|
|
|
|
|
|
and |
437 |
439 |
2 |
1.4 |
15.2 |
RCD |
Sunbird |
SGRD2096 |
742550 |
892785 |
540 |
430.1 |
90 |
-60 |
385 |
415 |
30 |
21.0 |
2.8 |
RCD |
Sunbird |
|
|
|
|
|
|
incl |
404 |
405 |
1 |
0.7 |
10.3 |
RCD |
Sunbird |
|
|
|
|
|
|
and |
406 |
407 |
1 |
0.7 |
21.9 |
RCD |
Sunbird |
|
|
|
|
|
|
and |
408 |
409 |
1 |
0.7 |
11.3 |
RCD |
Sunbird |
SGRD2097 |
742556 |
892859 |
524 |
456.2 |
90 |
-60 |
397 |
405 |
8 |
5.6 |
1.0 |
RCD |
Sunbird |
|
|
|
|
|
|
|
411 |
423 |
12 |
8.4 |
3.9 |
RCD |
Sunbird |
|
|
|
|
|
|
incl |
413 |
414 |
1 |
0.7 |
17.7 |
RCD |
Sunbird |
|
|
|
|
|
|
and |
415 |
416 |
1 |
0.7 |
16.5 |
RCD |
Sunbird |
SGRD2098 |
742497 |
892357 |
557 |
420.2 |
90 |
-60 |
344 |
362 |
18 |
12.6 |
3.5 |
RCD |
Sunbird |
|
|
|
|
|
|
incl |
347 |
348 |
1 |
0.7 |
13.7 |
RCD |
Sunbird |
|
|
|
|
|
|
and |
361 |
362 |
1 |
0.7 |
10.9 |
RCD |
Sunbird |
|
|
|
|
|
|
|
385 |
394 |
9 |
6.3 |
1.5 |
RCD |
Sunbird |
SGRD2099 |
742485 |
892334 |
545 |
447.2 |
90 |
-60 |
372 |
386 |
14 |
9.8 |
2.0 |
RCD |
Sunbird |
|
|
|
|
|
|
|
397 |
425 |
28 |
19.6 |
20.4 |
RCD |
Sunbird |
|
|
|
|
|
|
incl |
402 |
403 |
1 |
0.7 |
390.8 |
RCD |
Sunbird |
|
|
|
|
|
|
and |
422 |
423 |
1 |
0.7 |
156.8 |
RCD |
Sunbird |
|
|
|
|
|
|
|
431 |
435 |
4 |
2.8 |
18.0 |
RCD |
Sunbird |
|
|
|
|
|
|
incl |
434 |
435 |
1 |
0.7 |
66.9 |
RCD |
Sunbird |
SGRD2200 |
742520 |
892675 |
544 |
480 |
90 |
-60 |
321 |
322 |
1 |
0.7 |
20.4 |
RCD |
Sunbird |
|
|
|
|
|
|
|
377 |
378 |
1 |
0.7 |
108.2 |
RCD |
Sunbird |
|
|
|
|
|
|
|
428 |
451 |
23 |
16.1 |
2.9 |
RCD |
Sunbird |
|
|
|
|
|
|
incl |
450 |
451 |
1 |
0.7 |
10.4 |
RCD |
Sunbird |
SGRD2201 |
742465 |
892310 |
569 |
465.2 |
90 |
-60 |
366 |
377 |
11 |
7.7 |
3.6 |
RCD |
Sunbird |
|
|
|
|
|
|
incl |
369 |
370 |
1 |
0.7 |
33.1 |
RCD |
Sunbird |
|
|
|
|
|
|
|
402 |
407 |
5 |
3.5 |
1.8 |
RCD |
Sunbird |
|
|
|
|
|
|
|
437 |
450 |
13 |
9.1 |
1.7 |
RCD |
Sunbird |
|
|
|
|
|
|
|
462 |
463 |
1 |
0.7 |
45.2 |
RCD |
Sunbird |
SGRD2202 |
742445 |
892275 |
573 |
513.2 |
90 |
-60 |
395 |
405 |
10 |
7.0 |
1.2 |
RCD |
Sunbird |
|
|
|
|
|
|
|
409 |
414 |
5 |
3.5 |
1.3 |
RCD |
Sunbird |
|
|
|
|
|
|
|
484 |
504 |
20 |
14.0 |
6.2 |
RCD |
Sunbird |
|
|
|
|
|
|
incl |
486 |
487 |
1 |
0.7 |
15.9 |
RCD |
Sunbird |
|
|
|
|
|
|
and |
489 |
490 |
1 |
0.7 |
15.6 |
RCD |
Sunbird |
|
|
|
|
|
|
and |
498 |
499 |
1 |
0.7 |
19.7 |
RCD |
Sunbird |
SGRD2203 |
742545 |
892685 |
553 |
450.1 |
90 |
-60 |
404 |
428 |
24 |
16.8 |
2.0 |
RCD |
Sunbird |
SGRD2204 |
742540 |
892510 |
563 |
400.1 |
90 |
-60 |
333 |
350 |
17 |
11.9 |
1.1 |
RCD |
Sunbird |
Notes:
1. EOH: End of hole2.
NSI: No significant intercepts3.
ETW: Estimated true width4. Depths and widths
reported to nearest significant decimal place5.
RC: reverse circulation drilling |
DD: diamond drilling tail | RCD:
reverse circulation drilling with diamond tail
Photos accompanying this announcement are available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/a7c86b54-02dc-4974-861a-d623c6c8eb62
https://www.globenewswire.com/NewsRoom/AttachmentNg/23203bd7-691f-49bb-8f7f-da8633a34b08
https://www.globenewswire.com/NewsRoom/AttachmentNg/1cc9eac4-791d-47ed-a363-845e8796e7e6
A PDF accompanying this announcement is available
at http://ml.globenewswire.com/Resource/Download/392d1d7f-e892-4abc-b100-1cb6679e7d43
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