| Announcement Date: | 2023-03-13 |
|---|---|
| Announcement Type: | Drilling Results |
| Announcement Code: | NI43-101 |
| Company name: | Fortuna Silver Mines Inc. |
| Project name: | Seguela |
| Location: | Ivory Coast |
| Commodities: | Gold |
| Highlight: | Drilling results incl. 21.7m at 10.60ppm Au from 60m |
| Resources: | only available to subscribers |
| CP/QP: | only available to subscribers |
| Announcement summary: | Paul Weedon, Senior Vice President of Exploration at Fortuna, commented, “Infill drilling at Sunbird to upgrade resource confidence has commenced, with the first batch of results returning shallow high grade intersections from modelled low grade areas from within the pit optimization shell, including highlights such as 10.6 g/t Au over a true width of 21.7 meters in drill hole SGRC1572 and 14.9 g/t Au over a true width of 14 meters from drill hole SGRC1570.” Mr. Weedon continued, “In addition to the initial infill results, extension drilling to test the northern strike beyond the pit shell has been successful in intersecting additional high grade results such as 12.0 g/t Au over a true width of 5.6 meters in drill hole SGRC1566 and 6.6 g/t Au over a true width of 6.3 meters in drill hole SGRC1567.” Mr. Weedon added, “The focus at Sunbird is currently on upgrading its resource confidence with the ultimate intention of conversion to mineral reserves to expand Séguéla’s current 1.1 million ounces of gold reserves and nineyear life-of-mine1 . The Company is looking forward to the positive outcome of the program and the resumption of testing the high grade depth potential beyond the current optimization shell limit.” |
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