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    Fortuna intersects 31.3 g/t gold over 12.0 meters from the Karakara Prospect at the Diamba Sud Gold Project

    6/25/24 5:00:00 AM ET
    $FSM
    Precious Metals
    Basic Materials
    Get the next $FSM alert in real time by email

    VANCOUVER, British Columbia, June 25, 2024 (GLOBE NEWSWIRE) -- Fortuna Mining Corp. (NYSE:FSM, TSX:FVI) is pleased to provide an update on its exploration programs at the Diamba Sud Gold Project in Senegal.

    Paul Weedon, Senior Vice President of Exploration at Fortuna, commented, "Drilling at Karakara continues to improve our understanding of the prospect's potential, returning several high-grade intercepts including a highlight intersection of 31.3 g/t Au over an estimated true width of 12.0 meters in drill hole DSDD243. The exploration team is looking forward to utilizing the improved understanding of the geological controls on gold mineralization to further advance the regional exploration programs." Mr. Weedon concluded, "Our focus has now moved towards progressing some of the many satellite opportunities at Diamba Sud, with highly encouraging, early-stage results such as 8.9 g/t Au over an estimated true width of 27.7 meters returned from drill hole DSR680 at Western Splay, and 2.9 g/t Au over an estimated true width of 15.3 meters returned from drill hole DSDD262 at Kassasoko. These prospects represent new opportunities for additional ounces and continue to highlight the prospectivity of the wider Diamba Sud Gold Project."

    Diamba Sud Gold Project, Senegal

    Drilling at Diamba Sud has continued with the focus moving to testing and upgrading several key high priority satellite prospects (refer to Figure 1), including Western Splay and Kassasoko, as well as further work to improve the definition and understanding of the mineralization controls at Bougouda and Karakara. An additional 20,665-meter, 159-hole program has been completed at Diamba Sud since March 2024 (refer to Fortuna news release dated March 11, 2024).

    Results from this program will be incorporated into the ongoing project development work, with the encouraging results from Western Splay and Kassasoko expected to contribute toward growing the project portfolio and resource base, while also improving confidence in the regional geological understanding. With the tempo of drilling planned to slow across the forthcoming rainy season, the exploration team will continue to review and fine-tune the geological controls on mineralization.

    Figure 1: Diamba Sud Gold Project location plan

    Diamba Sud Gold Project location plan

    Karakara Prospect

    Infill and extension drilling at Karakara continued to define additional mineralization beyond the historic pit design, while also providing confirmatory data to help validate previous geological interpretations.



    Karakara drilling highlights include:

    DSDD223:4.6 g/t Au over an estimated true width of 8.2 meters from 139 meters
    DSDD229:7.0 g/t Au

    23.7 g/t Au
     over an estimated true width of 7.2 meters from 141 meters

     over an estimated true width of 1.6 meters from 157 meters
    DSDD238:4.3 g/t Au over an estimated true width of 10.4 meters from 120 meters
    DSDD243:31.3 g/t Au

    87.0 g/t Au

    11.1 g/t Au

    1.8 g/t Au
     over an estimated true width of 12.0 meters from 24 meters, including

     over an estimated true width of 4.0 meters from 28 meters, and

     over an estimated true width of 1.6 meters from 34 meters

     over an estimated true width of 8.0 meters from 85 meters
    DSDD246:4.6 g/t Au over an estimated true width of 10.8 meters from 128.5 meters
    DSDD217:1.6 g/t Au

    1.1 g/t Au

    9.6 g/t Au
     over an estimated true width of 7.6 meters from 50.5 meters

     over an estimated true width of 6.3 meters from 79.6 meters

     over an estimated true width of 3.2 meters from 117 meters
    DSDD219:1.8 g/t Au over an estimated true width of 10.4 meters from 112 meters
    DSDD292:6.3 g/t Au over an estimated true width of 5.9 meters from 44 meters
       

    An updated interpretation supported by further drilling will take place during the third quarter of 2024 to further refine the controls on mineralization, the association with the nearby Area D and the Moungoundi to Southern Arc prospects (refer to Figure 2).

    Figure 2: Karakara cross-section showing select results - looking north

    Karakara cross-section showing select results - looking north

    Kassasoko Prospect

    Drilling at Kassasoko, located approximately 1-kilometer to the southeast of Western Splay, was successful in intersecting several broad zones of mineralization. Drilling highlights include:

    DSDD262:2.9 g/t Au over an estimated true width of 15.3 meters from 28.2 meters
    DSR685:1.3 g/t Au over an estimated true width of 16.8 meters from 108 meters
    DSR6862.5 g/t Au

    1.1g/t Au
     over an estimated true width of 7.7 meters from 19 meters, and

     over an estimated true width of 11.9 meters from 116 meters
       

    In comparison to mineralization elsewhere at Diamba Sud, mineralization at Kassasoko is hosted within a granitic unit and in close proximity to a series of dioritic intrusives (refer to Figure 3). Exploration work is continuing.

    Figure 3: Kassasoko cross-section showing select results - looking northeast

    Kassasoko cross-section showing select results - looking northeast

    Western Splay drilling highlights include:

    DSDD232:8.6 g/t Au over an estimated true width of 11.9 meters from 132 meters
    DSDD275:12.8 g/t Au over an estimated true width of 8.2 meters from 114.7 meters
    DSR679:8.8 g/t Au

    6.1 g/t Au
     over an estimated true width of 4.0 meters from 7 meters, and

     over an estimated true width of 6.9 meters from 47 meters
    DSR680:8.9 g/t Au over an estimated true width of 27.7 meters from 104 meters
    DSDD245:2.8 g/t Au

    1.3 g/t Au

    1.4 g/t Au
     over an estimated true width of 12.9 meters from 11 meters, and

     over an estimated true width of 5.0 meters from 30 meters, and

     over an estimated true width of 7.3 meters from 53 meters
    DSDD248:4.8 g/t Au

    3.0 g/t Au

    2.1 g/t Au

    3.4 g/t Au
     over an estimated true width of 7.9 meters from 19 meters, and

     over an estimated true width of 4.0 meters from 31 meters, and

     over an estimated true width of 17.8 meters from 59 meters, and

     over an estimated true width of 5.9 meters from 83 meters
    DSDD293:6.9 g/t Au over an estimated true width of 33.3 meters from 115.4 meters
       

    Drilling continues, extending further to the south to test below an active artisanal area, with the objective of increasing the prospect footprint, as well as improving the geological interpretation of the wider southern area of Diamba Sud, particularly the relationships between the Moungoundi-Western Splay-Kassasoko-Southern Arc prospects.

    Figure 4: Western Splay cross-section showing select results - looking north

    Western Splay cross-section showing select results - looking north

    Refer to Appendix 1 for full details of the drill holes and assay results for this drill program at the Diamba Sud Gold Project.

    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% representative sample for submission to the analytical laboratory. The residual 87.5% 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 Kedougou, Senegal 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 of 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. 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 Director

    Fortuna Mining Corp.

    Investor Relations:

    Carlos Baca | [email protected] | fortunamining.com | X | LinkedIn | YouTube

    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 the potential of the Diamba Sud Gold Project based on the early success at the Western Splay and Kassasoko prospects, statements relating to the potential to progress the satellite opportunities at the Diamba Sud Gold Project; the proposed plan to update the geological interpretation of certain prospects including the Karakara prospect in the third quarter of 2024; the Company's objectives for the current drilling program at the Diamba Sud Gold Project and expectations regarding additional drilling and exploration programs planned for 2024; 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, labour, materials, supplies and services; fluctuations in currencies; uncertainties inherent in the estimation of mineral reserves, mineral resources, and metal recoveries; the possibility that the appeal in respect of the ruling in favor of Compañia Minera Cuzcatlan S.A. de C.V. reinstating the environmental impact authorization at the San Jose Mine (the "EIA") will be successful; 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 the appeal filed in the Mexican Collegiate Court challenging the reinstatement of the EIA will be unsuccessful; 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: Diamba Sud Gold Project, Senegal

    HoleIDEasting

    (WGS84_29N)
    Northing

    (WGS84_29N)
    Elev

    (m)
    EOH1

    Depth

    (m)
    UTM

    Azimuth
    DipDepth

    From

    (m)
    Depth

    To

    (m)
    Drilled

    Width

    (m)
    ETW

    (m)
    Au

    (ppm)
    Hole

    Type
    Area
    DSDD2132318711428285153221270-60NSI    DDKarakara
    DSDD2152316981428285152152270-6064.367.83.52.86.0DDKarakara
          incl6767.80.80.613.1DDKarakara
           97105.78.77.04.9DDKarakara
          incl104.8105.70.90.729.1DDKarakara
    DSDD2172317481428219151157270-5550.5609.57.61.6DDKarakara
           79.687.47.96.31.1DDKarakara
           1171214.03.29.6DDKarakara
          incl1191201.00.834.9DDKarakara
    DSDD2192317191428103150203340-5011212513.010.41.8DDKarakara
           1691723.02.42.6DDKarakara
    DSDD2222319751428419153191270-601361437.05.61.9DDKarakara
    DSDD2232318221428246152203270-601191256.04.82.2DDKarakara
           1311354.03.22.3DDKarakara
           139149.310.38.24.6DDKarakara
          incl1451461.00.810.5DDKarakara
          and148.1149.31.21.021.8DDKarakara
    DSDD2262319661428407154179270-65NSI    DDKarakara
    DSDD2272319161428376154179270-6087.7935.34.33.7DDKarakara
          incl92931.00.812.7DDKarakara
           1401433.02.42.1DDKarakara
    DSDD2292319101428425155191270-601411509.07.27.0DDKarakara
          incl1441451.00.852.0DDKarakara
           1571592.01.623.7DDKarakara
          incl1571581.00.843.8DDKarakara
    DSDD2312318881428344154201270-6048513.02.44.8DDKarakara
          incl49501.00.812.3DDKarakara
           829311.08.81.5DDKarakara
    DSDD2332318631428325153185270-6074751.00.87.9DDKarakara
           1451483.02.42.0DDKarakara
    DSDD2342316141428102151161340-50NSI    DDKarakara
    DSDD2372317931428200151222270-5055594.03.22.2DDKarakara
           81854.03.22.4DDKarakara
           94984.03.21.5DDKarakara
           171.91742.11.76.1DDKarakara
          incl171.91731.10.910.2DDKarakara
           1931974.03.21.4DDKarakara
    DSDD2382318531428225151200270-5512013313.010.44.3DDKarakara
          incl1211221.00.828.7DDKarakara
          and1251261.00.814.5DDKarakara
    DSDD240231739142826815218590-60607313.010.41.2DDKarakara
    DSDD2432317491428174150161270-50243915.012.031.3DDKarakara
          incl28335.04.087.0DDKarakara
          and34362.01.611.1DDKarakara
           859510.08.01.8DDKarakara
    DSDD2442319171428204151233270-551001022.01.613.1DDKarakara
          incl1011021.00.823.4DDKarakara
           1391434.03.28.0DDKarakara
          incl1391401.00.826.0DDKarakara
           1471503.02.46.5DDKarakara
          incl1481491.00.813.9DDKarakara
           1992034.03.21.9DDKarakara
    DSDD2462318501428253152200270-6089.990.50.60.512.4DDKarakara
           109.5112.53.02.41.8DDKarakara
           116.21214.83.92.0DDKarakara
           128.514213.510.84.6DDKarakara
          incl1291301.00.831.2DDKarakara
    DSDD247231805142837815314990-6058613.02.42.8DDKarakara
           1311321.00.85.1DDKarakara
    DSR624231456142820215412090-50NSI    RCKarakara
    DSR625231393142819715315090-50NSI    RCKarakara
    DSR626231344142820215315090-50NSI    RCKarakara
    DSR627231428142827515615690-50NSI    RCKarakara
    DSR628231368142827715615490-50NSI    RCKarakara
    DSR629233310142826815215090-50NSI    RCKarakara
    DSR6302315591428117153132340-50152510.08.00.8RCKarakara
           304111.08.81.2RCKarakara
           455611.08.80.9RCKarakara
    DSR6312315061428148151130340-50NSI    RCKarakara
    DSR6322315261428108151180340-50NSI    RCKarakara
    DSR6332315791428053150180340-50NSI    RCKarakara
    DSR6702315581428006149102340-50NSI    RCKarakara
    DSR6712320401428349157102270-50NSI    RCKarakara
    DSR6722321011428398159108270-50NSI    RCKarakara
    DSR6732321681428450162102270-50NSI    RCKarakara
    DSDD2922316771428179152152273-4944506.05.96.3DDKarakara
          Inc46471.01.020.4  
           58591.01.05.5  
    DSDD2952316601428201153104271-5045505.05.03.2DDKarakara
                  
    DSDD2392316661425923145133.6150-5511132.01.43.6DDKassasoko
    DSDD2412317211425826116105330-50NSI    DDKassasoko
    DSDD2422316371425919118150330-50203717.011.91.3DDKassasoko
           46537.04.90.9DDKassasoko
    DSDD2592316861425747144131330-50NSI    DDKassasoko
    DSDD2602315881425832144138150-502526.71.71.26.7DDKassasoko
          incl2626.70.70.513.9DDKassasoko
    DSDD261231814142578714374330-50NSI    DDKassasoko
    DSDD262231877142588514298330-6528.25021.815.32.9DDKassasoko
          incl36371.00.720.8DDKassasoko
    DSDD263232299142612014280330-50NSI    DDKassasoko
    DSDD2642317051425912145125150-5021232.01.412.6DDKassasoko
          incl21221.00.723.4DDKassasoko
           88924.02.81.3DDKassasoko
    DSDD2652316021425855144138150-501301311.00.75.3DDKassasoko
    DSDD2682318411425730144153330-5584939.06.31.1DDKassasoko
           1331396.04.21.2DDKassasoko
    DSDD2712315541425886145164150-50NSI    DDKassasoko
    DSDD2732317121425941144134150-55NSI    DDKassasoko
    DSR6852317821425886143144150-50405111.07.71.2RCKassasoko
           63663.02.12.6RCKassasoko
           10813224.016.81.3RCKassasoko
    DSR6862317601425904143146150-50193011.07.72.5RCKassasoko
           566812.08.40.7RCKassasoko
           11613317.011.91.1RCKassasoko
    DSR6872315681425964144150150-50273811.07.70.8RCKassasoko
           60666.04.21.0RCKassasoko
    DSR688231874142594614494150-5570799.06.31.2RCKassasoko
    DSR689231892142596214490150-50NSI    RCKassasoko
    DSR690231929142599514495150-5062631.00.78.6RCKassasoko
    DSR6912322441426155144114150-5040488.05.63.3RCKassasoko
          incl41421.00.711.0RCKassasoko
    DSR692232315142618814490150-50NSI    RCKassasoko
                  
    DSDD230231070142625014515290-5015227.06.92.0DDWestern Splay
           2733.56.56.43.2DDWestern Splay
          incl3333.50.50.511.5DDWestern Splay
           56.8647.27.13.7DDWestern Splay
          incl56.857.50.70.717.2DDWestern Splay
    DSDD232231130142627714515290-5031310.09.90.9DDWestern Splay
           66.5681.51.56.7DDWestern Splay
           13214412.011.98.6DDWestern Splay
          incl132134.42.42.425.1DDWestern Splay
          and1381391.01.015.1DDWestern Splay
          and143143.50.50.514.0DDWestern Splay
    DSDD23523123114263251478190-5012197.06.91.9DDWestern Splay
           23318.07.91.8DDWestern Splay
           3540.45.45.33.8DDWestern Splay
          incl3939.80.80.813.1DDWestern Splay
           60633.03.02.5DDWestern Splay
    DSDD2362312291426136140178310-55NSI    DDWestern Splay
    DSDD245231097142626614521590-50112413.012.92.8DDWestern Splay
          incl19201.01.012.5DDWestern Splay
           30355.05.01.3DDWestern Splay
           5360.47.47.31.4DDWestern Splay
           67.5757.57.40.7DDWestern Splay
           164.7167.52.82.83.4DDWestern Splay
           197.72035.35.21.3DDWestern Splay
    DSDD248231035142627614614390-5019278.07.94.8DDWestern Splay
          incl19201.01.014.9DDWestern Splay
           31354.04.03.0DDWestern Splay
           597718.017.82.1DDWestern Splay
           83896.05.93.4DDWestern Splay
    DSDD249231109142634314715290-60223210.09.90.8DDWestern Splay
    DSDD250231062142632714622790-5039445.05.01.8DDWestern Splay
           92931.01.05.9DDWestern Splay
           1931952.02.02.9DDWestern Splay
    DSDD251231085142630014520490-50154168.214.214.13.1DDWestern Splay
           1551561.01.011.5DDWestern Splay
           171.31797.87.71.2DDWestern Splay
    DSDD252231115142632814623390-50169178.29.29.12.5DDWestern Splay
          incl1701711.01.014.7DDWestern Splay
    DSDD253231031142629314621590-50484.04.04.4DDWestern Splay
          incl561.01.012.5DDWestern Splay
           45.549.84.34.31.3DDWestern Splay
           68768.07.92.5DDWestern Splay
           1821831.01.013.2DDWestern Splay
           1982068.07.91.2DDWestern Splay
    DSDD254230882142640014716790-6083918.07.91.7DDWestern Splay
           1001022.02.05.4DDWestern Splay
           1121208.07.92.4DDWestern Splay
           1251327.06.91.4DDWestern Splay
    DSDD25523112214263821488190-55NSI    DDWestern Splay
    DSDD25623117914264071495990-55NSI    DDWestern Splay
    DSDD25723112914264071489390-5541465.05.01.5DDWestern Splay
    DSDD258231237142635114812890-50NSI    DDWestern Splay
    DSDD274231255142629514612290-50NSI    DDWestern Splay
    DSDD275231186142628014614090-50114.71238.38.212.8DDWestern Splay
          incl1161193.03.032.5DDWestern Splay
    DSDD2772312021426184146120310-506070.210.27.12.9DDWestern Splay
          incl6969.70.70.717.1DDWestern Splay
    DSDD2792311871426174146188310-50NSI    DDWestern Splay
    DSDD2822311631426140146117310-5065.2726.84.82.1DDWestern Splay
    DSDD2842312201426180146116310-55NSI    DDWestern Splay
    DSDD2852311881426118146135310-50NSI    DDWestern Splay
    DSR6742313481426181146102330-50NSI    RCWestern Splay
    DSR6752313941426186147126330-50NSI    RCWestern Splay
    DSR67623116814264511507890-50NSI    RCWestern Splay
    DSR677231127142644814912690-50NSI    RCWestern Splay
    DSR678231214142634514813290-6039478.07.93.2RCWestern Splay
    DSR679231261142632614713290-507114.04.08.8RCWestern Splay
          incl9101.01.025.6RCWestern Splay
           20244.04.04.5RCWestern Splay
          incl21221.01.015.5RCWestern Splay
           47547.06.96.1RCWestern Splay
          incl47481.01.025.2RCWestern Splay
           586911.010.90.7RCWestern Splay
    DSR680231217142630014613890-5010413228.027.78.9RCWestern Splay
          incl1051061.01.013.7RCWestern Splay
          and1101144.04.028.6RCWestern Splay
          and1191201.01.011.3RCWestern Splay
    DSR681231063142621414515690-50NSI    RCWestern Splay
    DSR682231129142630214618690-503118.07.91.2RCWestern Splay
    DSR683230980142626914615690-501081124.04.02.4RCWestern Splay
           1291356.05.93.2RCWestern Splay
    DSR684230996142629514613990-5051598.07.91.9RCWestern Splay
    DSDD2872312461426227146179311-481481568.07.92.1DDWestern Splay
          Inc151.21520.8 10.3  
    DSDD2892312631426278146173309-50    NSIDDWestern Splay
                  
    DSDD293231186142630414618090-49115.414933.633.36.9DDWestern Splay
          Inc127.11313.93.932.4  
           131.6132.30.70.613.6  
           1331341.01.011.1  
           1471481.01.010.1  
                  
    DSDD266234590141195616768150-50231.00.79.9DDBougouda
    DSDD2672345651411999167119150-50NSI    DDBougouda
    DSDD269234669141201416773150-5041.4464.73.33.2DDBougouda
    DSDD2702346451412052167128150-501101177.04.93.5DDBougouda
          incl1111121.00.712.3DDBougouda
    DSDD2722348491412030167139325-5071765.03.52.7DDBougouda
    DSDD2782348731412074167104325-50NSI    DDBougouda
    DSDD2802348961412043167149325-50931018.05.63.3DDBougouda
          incl991001.00.712.8DDBougouda
    DSDD2812350441412181167122325-50NSI    DDBougouda
    DSDD2832350681412150167153325-50NSI    DDBougouda
    DSDD2862353721411456167116150-50NSI    DDBougouda
    DSDD2882354881411556167152150-5074.275.81.61.210.5DDBougouda
          incl7575.80.80.620.3DDBougouda
           10011313.09.11.8DDBougouda
    DSR693235294141139316784150-50NSI    RCBougouda
    DSR694235334141141616784150-50748410.07.02.2RCBougouda
    DSR695235460141149416775150-50NSI    RCBougouda
    DSR696235418141147616775150-5053563.02.13.8RCBougouda
    DSR697235244141137316775150-50NSI    RCBougouda
    DSR698234576141165416792145-50NSI    RCBougouda
    DSR699234661141170616778145-5060622.01.411.2RCBougouda
          incl61621.00.715.6RCBougouda
    DSR700234750141176116782140-5039401.00.75.5RCBougouda
    DSR701234645141154816792140-50NSI    RCBougouda
    DSR702234732141159716780140-50NSI    RCBougouda
    DSR703234822141168316772140-50NSI    RCBougouda
    DSR7042346341411729167144145-50NSI    RCBougouda
    DSR705234973141095516772150-50NSI    RCBougouda
    DSR706234929141093516780150-50NSI    RCBougouda
    DSR707234749141087716796150-5065661.00.716.1RCBougouda
           74762.01.431.3RCBougouda
    DSR708234662141092716778200-50NSI    RCBougouda
    DSR709234609141093616796200-50NSI    RCBougouda
    DSR7102347311410877167156200-501491567.04.92.7RCBougouda
    DSR7112347351410913167150150-5010111211.07.73.5RCBougouda
          incl1101111.00.724.9RCBougouda
    DSR712234836141088716784150-5047503.02.12.8RCBougouda
    DSR713234880141090416784150-5028335.03.51.5RCBougouda
    DSR7142350541411011167100150-50NSI    RCBougouda
    DSR715235210141134816754150-50NSI    RCBougouda
    DSR716235502141151716790150-50658924.016.82.1RCBougouda
          incl77781.00.710.6RCBougouda
    DSR717235553141154816790150-50193213.09.11.7RCBougouda
           73796.04.20.9RCBougouda
    DSR718235163141132116781150-50NSI    RCBougouda
    DSR719234712141172516778140-50NSI    RCBougouda
    DSR720234796141178316796145-50NSI    RCBougouda
    DSR7212346231411679167100140-5042475.03.59.4RCBougouda
          incl42442.01.419.3RCBougouda
           51543.02.113.9RCBougouda
          incl51521.00.737.6RCBougouda
    DSR7222346741411775167150140-50NSI    RCBougouda
    DSR723234617141152216780145-50NSI    RCBougouda
    DSR724234777141169916772145-50NSI    RCBougouda
    DSR725234773141164016784145-5070722.01.46.1RCBougouda
    DSR726234857141169616772145-50NSI    RCBougouda
    DSR7282346181411592167162145-50NSI    RCBougouda
    DSR7292355311411583167150150-501031085.03.51.8RCBougouda
    DSR7302353201411454167150150-5091910.07.00.7RCBougouda
           1081157.04.92.3RCBougouda
           1241317.04.91.0RCBougouda
    DSR7312352251411409167150150-5024262.01.46.9RCBougouda
          incl24251.00.712.5RCBougouda
           35416.04.26.8RCBougouda
          incl36371.00.735.7RCBougouda
           47547.04.91.0RCBougouda
    DSR7322354431411533167156150-50NSI    RCBougouda
    DSR7332347151411615167120325-50NSI    RCBougouda
    DSR736234790141201616760322-5135405.0 1.8RCBougouda
           51521.0 6.6  
    DSR7372348101411987167113328-51991056.0 1.3RCBougouda
    DSR738235110141224516790325-52NSI    RCBougouda
    DSR7392353451412424167126330-51NSI    RCBougouda
    DSR740235270141237416790326-51NSI    RCBougouda
    DSR741235192141231916784328-50NSI    RCBougouda
    DSR7422351461412207167126324-511051083.0 4.3RCBougouda
    DSR7442349931412093167162320-52NSI    RCBougouda
    DSR745235215141228516766324-52NSI    RCBougouda
    DSR7342347791411714167120327-52NSI    RCBougouda
    DSR7352348321411731167126323-51NSI    RCBougouda
    DSDD2942354151411382167116327-517779.152.2 5.6DDBougouda
    DSDD2902354501411404167128331-5264.9661.1 36.8DDBougouda
          Inc65.4660.6 56.4 Bougouda
    DSDD2912354841411458167128329-56NSI    DDBougouda
    DSDD2962353711411369167131326-52NSI    DDBougouda



    Explanatory Notes:

            A. EOH - End of hole

            B. NSI: No significant intercepts

            C. ETW: Estimated true width

            D. Depths and widths reported to nearest significant decimal place

            E. DD: diamond drilling tail | RC: reverse circulation drilling



    A PDF accompanying this announcement is available at 

    http://ml.globenewswire.com/Resource/Download/7bf0e403-d41b-42db-baa3-0702e83cbf9f



    Photos accompanying this announcement are available at: 

    https://www.globenewswire.com/NewsRoom/AttachmentNg/cf6acc2e-621e-4bdc-b7ca-445d960b9fbb

    https://www.globenewswire.com/NewsRoom/AttachmentNg/4bded518-db5b-4ac2-bcbe-46618e787759

    https://www.globenewswire.com/NewsRoom/AttachmentNg/d12c02cf-9e7d-4726-af84-8a3f9aae6052

    https://www.globenewswire.com/NewsRoom/AttachmentNg/355b3dad-801d-4742-81cc-d26606282394



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