Fortuna Silver Mines provided an update on its exploration program at the Seguela gold Project located in Cote d’Ivoire. Sunbird’s new resource estimation is in addition to Seguela’s current Mineral Reserves of 12.1 Mt averaging 2.80 g/t Au containing 1.09 Moz. 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 tons at an average grade of 2.74 g/t gold containing 279,000 ounces and an Inferred Mineral Resource of 4.2 million tons at an average grade of 3.74 g/t gold containing 506,000 ounces.
Published first on TheFly
See the top stocks recommended by analysts >>
Read More on FSM:
- Fortuna increases Sunbird Resource and identifies new regional prospects at Séguéla, Côte d´Ivoire
- Fortuna Silver Mines price target raised to C$5.75 from C$5.25 at BMO Capital
- Fortuna Silver Mines reports Q3 EPS (1c), consensus 3c
- Fortuna Reports Results for the Third Quarter of 2022
- Fortuna reports that construction at its Séguéla gold Project is 83 percent complete